Breaking New Records But How To Trade The Market Now? 🧐

WALL ST. FEBRUARY PERFORMANCE:

🟒 DOW ENDS UP +2.2%

🟒 S&P 500 ENDS UP +5.1%

🟒 NASDAQ ENDS UP +6.1%

🟒 RUSSELL 2000 ENDS UP +5.5%

πŸ”΄ VIX ENDS DOWN -6.6%

🟒 BITCOIN ENDS UP +43.6%

S&P 500 has now traded green in both January and February. When that has occurred (data going back to 1950), the $SPX finished the rest of the year higher 27/28 times with the final 10 months being higher 26/28 times. 

According to history, if the first 2 months of the year notches positive gains, the next 10 months will be positive with a 92.9% probability and an average gain of 12.2%.

Seems pretty good for Bulls!

Time to party πŸŽ‰ 

The NASDAQ Just Made a New All-Time High Post a 20% Drawdown.

- Since 1977, this has happened 10 other times

- Over the next 252 trading days, average gain is +20%

- Implies we could see NASDAQ 19,000 by 2/29/2025

Scaling greater heights πŸš€

The above analysis analyses are based on historical data and estimations. No one can be sure of the end results so please don’t trust them 100% cos you have to trade responsibly and avoid FOMO chase.

Pullbacks are bound to occur so have enough ammo to buy the dip when it happens. At the end of the day, we have no one to blame except our own greed and fear.

If you have no time due to family commitments, busy work schedules, just invest in index funds like SPY, QQQ and ONLY top US companies using the classic dollar cost averaging method to compound for the long term.

Use time to compound your money

Should you have the luxury of time, try to pick up options and futures trading. The best is to start with selling cash secured put options that offers passive income of about 2% per month cos this strategy has a higher winning probability. Watch some videos and read it up, you will never regret it.

On the other hand, buying options tend to be more risky with lower % points but higher ROI in dollar value. Let’s take TSLA for example:

- Selling weekly put options: set aside $20k to make $100 per week at current value. That’s about 2% per month, 24% per year!

- Buying options using $1k per trade making 10% gain is $100 per day. Let’s say to achieve $250 profit per week (win some, lose some) x 4 weeks will net us $1k, achieving 100% ROI per month, that’s 1200% per year!

Size up only after 6-12 mths with consistency!

The magic about buying options is position sizing. Never ever double your sizes after a few great days and end up blowing your account due to over confidence and sheer luck. Trading is not gambling as some believe. Increase the trade sizes ONLY when you start to feel BORDED winning for more than 3 months, no longer unsure of when to enter and exit another trade and not hope or pray it will be a green day, week or month. 

Start with 1 contract, 3, 5, 10 and so on. It's the same like schooling, you don't take high school exams at 7 years old. You never run before you fall over and over when started walking. It takes time to gain experience, maturity and patience. Your daily gain shall multiply like the picture above if you don't give up. The license to multiply is through 99% perseverance, no shortcuts to success.

Buying options requires at least two years of DAILY trading (2-4 hours to wait for that right setup) to accumulate patience, discipline and consistency to refine trade management such as position sizing, stop loss, how to minimise over trading and to avoid revenge trading, when to scale in and out from a winning/losing trade, etc.

Are you ready to be the top 1%?

Consider monitoring 2-3 tickers that suits your temperament as each one has a different personality. For instance, NVDA & META zoom like fast cars, GOOGL & AMZN ride like a bus, AAPL is on skates lately, TSLA & crypto mining counters are highly risky and speculative but offers very good returns, panic attacks sold separately.

Good to start with SPY and QQQ for beginners. Some traders I know make millions (after 5 years of day trading) just from trading these two ETFs day in, day out. Day trading is a lifeskill that can be mastered and most importantly, the hard work put into it will eventually get you out of the rat race 😎

Buy call under 15 mins at open

Sell put for a week

Sell put 

Sell put 

Sell put

Sell put 

Sell put 

🚨 Subscribe to my trade alerts via Trading Sparks. Please click Like πŸ‘, Comment πŸ’¬ & Repost πŸ”„ this article found at the bottom of your screen. Follow me for the latest news, trading ideas & strategies to ride the market daily with profits!


@CaptainTiger @MillionaireTiger @Daily_Discussion @Aqa @Andreana @AyKing @mster @koolgal @KylerLee @KylerLee 

# πŸ’° Stocks to watch today?(20 Nov)

Modify on 2024-03-02 17:22

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • mster
    Β·03-03
    TOP
    Now that we are already in March the said Feb/Mar Pullback may not be happening. While NASDAQ looks to be on the upper end of ots channel, S&P seems to have some more room to go. With S&P looks to go all the way to 5410 maybe β€˜Sell in May and Go Away’ be where the real pull back will be.
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    • ZEROHERO:Β 
      Agree and certainly hope so! There could be pockets of opportunity before Jerome Powell appears next Wed & Thu to scalp the market before another leg up in this election year.
      03-03
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  • Ohnonotthis
    Β·03-04
    TOP
    Hopefully for everyone who bought calls.
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    • ZEROHERO:Β 
      Yes. Market is waiting for fed chief to finish his speech before buying the dip again πŸ˜‚
      03-06
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  • Aqa
    Β·03-03
    TOP
    Congrats good profits. Liked and shared.
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    • ZEROHERO:Β 
      Thanks πŸ’ͺ
      03-03
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  • koolgal
    Β·03-04
    TOP
    Thanks for sharing your valuable insights 😍😍😍
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    • koolgalReplying toZEROHERO:Β 
      Yes!
      03-04
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    • ZEROHERO:Β 
      My pleasure. Let’s bank this week πŸ’ͺ
      03-04
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  • koolgal
    Β·03-04
    TOP
    Congratulations on your winning trades πŸŽ‰πŸŽ‰πŸŽ‰πŸΎπŸΎπŸΎ
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    • ZEROHERO:Β 
      Thanks again ☺️
      03-04
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  • Tom Chow
    Β·03-04
    good
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    • ZEROHERO:Β 
      🀩
      03-04
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  • KSR
    Β·03-04
    πŸ‘
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    • ZEROHERO:Β 
      πŸ™
      03-04
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  • Solid stuff
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    • ZEROHERO:Β 
      Thank you for reading. Just updated some content. Have a blessed weekend πŸ™
      03-02
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