Day Trade SPY Blog
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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...
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,...
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...
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...
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...
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,...
Black Box Blues
I often get requests for simply providing an option to trade; hence we have our Pick of the Day. It works well and we are very proud of its success. And this pick is also provided by a human who manually analyzes the market and selects a particular option to trade on...
Caught Up in GME?
Unless you've been hibernating the last couple weeks, you would know that some folks on Reddit chatted about GameStop (GME), creating a buzz that sent this stock on a wild run. This lured in many young adults hoping for a big score, entering the market for the first...