Day Trade SPY Blog

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No Two Traders Are Alike

It is for this reason we offer personal training. We all have different experiences, exposures to markets and aspirations. Understanding of markets, strategies and budgets are all unique. Why would you learn to trade a scalp strategy if you don't see your account...

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Technical Issues?

People love to blame us when things go wrong. Truth be known, it's not always our fault. Hard to believe, I know.   lol   Problem: Not getting emails you think you should Solution: Check your spam, junk, promotions and other mailboxes before contacting us. Often...

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Control Your FOMO

Fear of Missing Out (FOMO) is a modern lexicon coined as the social anxiety from the feeling that others are making more money, having more fun or living better lives. In addition to fear, greed and ego, FOMO is the latest gremlin to dance on a trader's head, ready to...

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Tips to Selecting a Mentor

Options trading is risky business. Just like athletes and celebrities invoke the services of mentors, so should traders. You have an obligation to do your due diligence in selecting your trading mentor. Just as you would scrutinize the services of an accountant to...

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Money to Brains Ratio

Just like everything, I find that we are given challenges to our ability to handle them. As our trading experience - and trading accounts - grow, we are given a different set of tests. Harder tests. Something I teach in my course, not found anywhere else, but vitally...

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Sequence of a Trade

Asked a while back how I get into a SPY options position, I replied just how I did it. Step 1: Check your personal situation... are you well rested, free of medications and 100% in the space? Step 2: Check the news... news moves markets. Knowing what is relevant and...

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Welcome New Traders!

It is always good to see young, fresh blood enter the markets; very comforting knowing that you are learning how to create wealth on your own without relying on a pay check from an employer. This is especially true these days of COVID-19 when employers themselves do...

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How is Our Track Record?

Often asked: Do we have a track record? Yes, we have an excellent track record…  although I have not looked at it recently, I would peg it at high. But that should not mean much to  you. What you should be looking for is a viable system you can learn and use yourself,...

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The Trouble with ‘Free’

Who doesn't like something for free? We sometimes get requests for free trials. "If I like it, Hugh, I'll subscribe.", they write. Except one thing: we do not give free trials. We used to many years ago but not anymore. In the end, nothing is free and nobody truly...

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Why I Avoid Earnings Trades

Four times a year, companies are required to release their quarterly earnings reports. This financial information includes their balance sheet, income statement, cash flow statement and other important details of their financial health. Usually, a conference call...

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Hugh’s Ultimate: Scalping

There are never any guarantees in this business; you all know that. But, this can be a high probability win strategy that is not only profitable but a lot of fun. In fact, it may be particularly attractive to those who love to trade... in and out, multiple times a...

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Best Time to Learn to Trade

Never has there been a better time to learn to trade than now. Really. Work from home. Recent data shows that only 29% of employees could work from home, not good considering the contagiousness o coronavirus. Any idea how many people would love to be in your shoes,...

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