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- Too good to be true?
Too good to be true?
I had to do a triple take!
Hey Folks,
This, for one…
Yesterday’s alert ☝️
But you know who didn’t miss it? Greg S. 👇
Greg and I went out to discuss that this trade set up looked too good to be true! I had to do a triple take.
Hopefully the rest of my Alpha Hunter members got a piece of this action, too!
Besides trade alerts like this one to members, Taiku and I send out a daily morning email with our positions and attack plans for the day.
Here are some EXCERPTS from my portion of this morning’s email (Sorry, but I locked parts of this 🔒🔒🔒 – you have to be a member to unlock these nuggets!):
“I am getting ready to take some bigger directional trades, but the time isn’t right yet.
I think the market is going to stay range bound for a while, and probably drift slightly higher. That is not typically a good environment for making directional bets, but it is a good idea to 🔒🔒🔒 (locked, for members only!).
That’s a good environment for 🔒🔒🔒, and I will likely set up a new 🔒🔒🔒 trade in the live session this afternoon @ 2pm, if you want to see how I do this live and ask questions about it.
The only trade I made yesterday was a new put spread on GME. That trade is obviously looking good today with GME stock up a blistering 100% again today.
🔒🔒🔒 is starting to trade right at the 20-hour moving average once again. It is very early, but once it starts to trade a few hours under the 20-hour moving average, that is probably a good spot to start selling out-of-the-money call spreads against.
We will discuss that, too, in the live session today.
In the session last week, I talked about why selling call spreads on NVDA was a good way to play that stock trading under the 20-hour. It ended up being a 100% max profit trade, so hopefully, I’ll find another trade like that today.
This continues to be a market where I want to tread very lightly, and not make a lot of trades.
While I am not trading a lot, I am trading very well. I have been making a good amount of money the last few months by dialing back on trading and focusing on less ideas.
I don’t see any reason to mess with the formula right now.”
Since sending this email I was able to exit my position in GME…
*Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.
Cha Ching!
I love it when a plan comes together.
So if you want to unlock access to more opportunities like this…
And SUPERCHARGE⚡your trading education with my weekly 2pm EST sessions (the next one is TODAY)...
You need to bite the bullet and jump in Alpha Hunter with me now…
I’m getting ready for my session now – it’s going to be fun!
MONTHLY RATES are still available so dip your toe in today.
See you at 2pm EST (always recorded for on-demand learning of course)!
To YOUR success,
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