Can You Buy and Sell Options After Hours?

If you are looking to buy and Sell options after hours, this step-by-step guide is the right one for you.

You will learn what type of options you can buy and sell after hours, how to do it to make money consistently and the pitfalls to avoid so that you can continue to take your trading account to the next level.

Can You Buy Options After Hours?

The simple answer to the question Can you buy Options after hours is that it really depends on your broker.

In theory, you can and sell ETFS options in the 15 minutes after hours window each day.

However, I have heard so many disheartening stories from traders on how some brokers simply do not allow them to take advantage of this opportunity.

Here is a summary table of which brokers gives you this extended window to buy and sell options contracts on the main ETFS : SPY, QQQ, IWM and DIA just to name these leading ones.

Brokers After Hours Options Trading PolicyYes/No
Can you Buy Options after Hours on ETRADE?Yes
Can you Buy Options after Hours on Webull? Maybe
Can you Buy Options after Hours on Robinhood? No
Can you Buy Options after Hours on TD Ameritrade? Yes
Can you Buy Options after Hours on eOption? TBD
Brokers Policy on After-Hours Options Trading

Can You Sell Options After Hours?

Once you are able to buy options after hours in the extended 15 minutes window from 4pm EST to 415EST, you can sell them for profit or carry them if your Expiration date is still in the future.

On Tuesdays and Thursdays, there is no expiration pending at 415pm therefore we can carry our options to the next Day .

You ought to be careful on how to manage your overnight positions because there is no guarantee the stock will continue in the same direction the next day.

Can all stocks Options be traded after hours?

Not all stocks have options that you can trade after hours.

In fact, as of now, only the main ETFS such as SPY, QQQ, IWM and DIA offer you the ability to trade their options during after hours.

Can you Trade SPY Options after hours?

Prior to May 2021, SPY after hours options trading was the only after-hours strategy I was using.

Ever since, I have a new favorite ETF I prefer to buy and sell options with after hours.

There is nothing wrong with buying and selling options after hours with SPY.

It is just that my new best ETF pays more, and I have been focusing on it ever since May 2021.

Care to find out which one it is?

Read below please.

My Best Options to Trade After Hours

When Should you Trade QQQ Options after hours?

You should trade QQQ Options after hours whenever there is a binary event taking place that can impact QQQ price.

Such events are mostly Earnings from the Top 8 companies of QQQ.

Here is a recent table summarizing how the top technology companies Earnings Release impact the after-hours price of QQQ.

After Hours DATEQQQ After Hours MovementReason for after Hours Volatility
April 19 2022QQQ from $346 to $342#NFLXEarnings [-20%]
April 20 2022QQQ from $341 to $343#TSLA Earnings [+5%]
April 26 2022QQQ from $317 to $313#GOOG Earnings [-6%]
April 27 2022QQQ from $317 to $321#FB Earnings [+13%]
April 28 2022QQQ from $328 to $324#MAZN Earnings [-10%]
Recent QQQ After Hours Options Trading Opportunities

Why You should Trade QQQ Options After Hours

The main reason why you should trade QQQ Options after hours during Earnings season or FOMC statement is because very cheap options can quickly make you a lot of money.

A $2 move after hours on QQQ stock price especially on Expiration Day can easily bring you over 100% in a matter of a few minutes.

We have a very cheap Strategy that can yield big returns.

What’s not to love ?

Here is a recent QQQ option chart we captured showing how the puts contracts appreciated after hours from 86 cents to $1.86.

Can you buy and sell options after hours
Over 100% Profit Buying and Selling QQQ Options After Hours

How To Buy and Sell QQQ Options after Hours

I am able to provide these insights on how to trade QQQ options after hours because of the many trades I have been in since 2014.

This has enabled me to gather a great deal of statistics which that many traders in my Discord room are leveraging now.

And so can you.

I teach my traders a very powerful after-hours options trading strategy.

We know that we an buy and trade QQQ Options each all the way to 4:15pm EST.

The concept is to focus on the 3 Expirations for QQQ Options: Mondays, Wednesdays and Fridays.

Why ?

Because on those Days, the closer we get to that time of closing, the cheaper QQQ options are.

CAn you Buy and Sell Options After Hours - QQQ Options paying over 600% after hours
QQQ Options Paying 600% After Hours

This means that you will not have to invest too much money in this strategy.

You will focus on contracts that are less than 15-20 cents.

By my empirical data, 15 minutes before 4PM official market closing, we can buy QQQ options $2 strike away for less than that amount.

We do this for both Calls and Puts.

Then a $2 move on QQQ stock rice up or down from 345pm to 4:15pm will make either the Calls or the Puts contracts explode for multiple baggers like 200%, 300% etc…

Here is a video example of this technique we use on SPY Options after hours but the principle is exactly the same for QQQ options after hours.

QQQ After Hours Options Trading Performance Tracker

One of the best advice I can provide you right now is your trading journey is to treat it as a businesss.

As such, business keep records of the performance of their products or systems.

In our case, our trading strategies is what we must evaluate and assess over time.

This is to make sure we are not blinding throwing money away.

Therefore, I am offering you this free Options Tracking Performance spreadsheet.

You will use it to track the performance of your QQQ after hours Trading Strategy over time.

Every 3 months or so, you should re-evaluate it to either scale back or up on this investment.

FREE DOWNLOAD: Download My FREE Options Performance Tracker

FINAL THOUHGT ON BUYING AND SELLING OPTIONS AFTER HOURS

I showed what, when and how you can buy and sell options after hours.

One stocks options we use to trade after hours during volatility events such as FOMC and Earnings is QQQ.

I invite to join our Discord Room today to further increase your understanding of after hours options trading.

Click Below to Join The 10-Baggers Trading System Today.

Day Trading QQQ Options – Your 2022 Easy Ultimate Guide

Day Trading QQQ Options for 4000% profit

It has been a year since QQQ Options have introduced intra week expiration.

Once the sole privilege of SPY options, Trading QQQ Options with Mondays, Wednesdays and Friday’s expiration has provided more opportunities for day and swing traders alike.

My intent is to show you step-by-step how you can leverage Day Trading QQQ Options in 2022 and beyond to take your Trading to the Next Level.

Day Trading QQQ Options | What Is QQQ ?

Invesco Powershares is the official name of the Exchange Traded Fund you know as QQQ or the Q’s.

The name comes from QQQ founder Invesco, Ltd, an American investment management company based in Atlanta Georgia.

It mainly tracks the performance of the NASDAQ-100 securities.

What draws my interest into this fund recently is the introduction of intra week options trading expiration.

Before I get into those details, allow me to set the stage with a few interesting characteristics about the QQQ ETF.

Trust me, it will be worth your time to indulge into this preface.

QQQ Top 10 Holdings

Maybe like me, you have stumbled recently in the Invesco Powershares advertisement campaign.

When a big institution like QQQ’s parent decide to make to world know about their product, you know it want to go mainstream.

As a result, QQQ recently sponsored the Coach Trophy at the 2022 Womens NCAA Chanpionship Game 🙂

Day Trading QQQ Options - Invesco QQQ Sponsored Coach Trophy at Women's NCAA Championship
Invesco’s QQQ Sponsored the 2022 Coach Trophy at Womens NCAA Basketball Championship

All of this is to let you know QQQ is getting a lot of attention these days in the media.

Therefore, the fund is attracting more and more investors each day.

Especially, when you take a look at the Top10 Holdings in the Table below.

SYMBOLWeight%
AAPLEAAPL12.8
MICROSOFTMSFT10.2
AMAZON.COMAMZN6.8
TSLATSLA3.9
ALPHABET INCGOOG3.9
GOOGLE GOOGL3.7
NVIDIANVDA3.6
Meta Platforms (Formerly Facebook)FB3.2
BroadcomAVGO1.9
CISCOCSCO1.9
QQQ top 10 Holdings with Weight%

Why Does QQQ Composition Matter?

In order for us to answer this pivotal question about the composition of QQQ ETF, let’s bring in one extra set of data.

That is the below figure that depicts the sector allocation for QQQ.

Day Trading QQQ Options - QQQ sector allocation is dominated by technology stocks
Technology Stocks dominate QQQ Sector Allocation

From the above view, since almost half of the equities in QQQ ETF comes from the technology sector, the price of QQQ is mostly determined by the movement of its technology stocks.

What are those stocks you may ask?

Look no further than the Top 10 holdings we just shared earlier.

So, NASDAQ-100 has 100 stocks yet its Top 10 accounts for 52% of the weighting.

Consequently, it is no surprise then when one of these Top 10 (really the Top8 are the big boys since they are also the same Top 8 for SPY)

moves, QQQ moves accordingly.

We explained and provided recent great examples in Trading Options After-hours discussion.

In summary, QQQ movement is driven by 8 stocks that every serious trader ought to know about.

What Is QQQ Performance ?

Another consequence of the composition of QQQ is that since the technology companies have witnessed astonishing growth over the last 10 years, that has benefited QQQ investors a great deal.

The likes of TSLA or NVDA have returned over 2000% between 2016 and 2021 alone.

As a result, both have gone through 4:1 split recently just to keep affordable to new investors.

Day Trading QQQ Options | Master Level

I have been day trading QQQ Options since 2014.

Since I start coaching in traders in 2020, I am amazed how often I got the question:

How often do you trade QQQ Options.

I usually smile and nonchalantly answer: As much as I breathe…

It all starts in the pre-market for me.

QQQ Pre-Market Analysis

I host a Live Day Trading QQQ Options show on my YouTube Channel.

During the pre-market technical analysis, I break down the QQQ stock chart.

I provide a full analysis of how traders like you can take advantage of the constant volatility in this ETF.

Here is the most recent Live Day Trading QQQ Options stream.

Trading the QQQ Options Strategy

There are two QQQ options strategies I can teach you master like many traders in my discord Room have done.

The first one revolves around the early part of the trading session.

You can scrutinize this strategy in this free tutorial titled: How to Trade QQQ Options for big profit.

It still works.

The second QQQ Options strategy will be discussed further below.

My below YouTube video provides further details and showcases the study that validates our strategy.

Leave me a comment in the comments section of the video about your experience trading QQQ Options like many traders have done.

How Much Money Do you Need to Day Trade QQQ Options

The Answer to this question is very simple.

$5, $10 are enough to get you started in trading QQQ Options.

The following question you have for me is most likely, how much money can you make trading QQQ options with $5 ?

Answer: On April29 , 2022, you could have invested $5 in QQQ 315 Puts and make over $240 in less than 2.5 hours.

Inside the Mind of QQQ Options Day Trader

Trading QQQ Options vs TQQQ Options

In case you are wondering about TQQQ vs QQQ Options, let me put you at ease.

There is no obvious advantage in trading TQQQ options over QQQ options.

If anything, the higher implied volatility on TQQQ makes its options slightly more expensive.

QQQ ATR

In your quest to master QQQ Options trading, you will need a solid understanding of the Average True Range (ATR) indicator.

Thankfully for you, I have created this free Tutorial on how to calculate ATR in excel.

You will be able to download the spreadsheet I use in the video below to showcase how to use the ATR.

Day Trading QQQ Options using ATR technique
QQQ ATR Between April 2021 and Early 2022

However, you really do not need to calculate it as it is a standard bottom indicator that comes with many stocks charts.

The typical ATR value for QQQ is between $4 and $5 but the recent high volatility has brought it all the way above $8.

QQQ CALLS vs PUTs

For my permabulls (a trader who is ALWAYS bullish) out there, the key to making money trading QQQ Options is not to have any bias towards calls or puts.

I often tell the traders I coach in my Discord room that our opinion about the direction of QQQ stock does not matter one iota.

What is most important is our abilitytoread the chart properly.

As such, if the setup is bullish, we trade calls, if it is bearish we trade puts.

Here is a nice video on how I made 1000% Day Trading QQQ Calls and Puts on the Same Day.

Sometimes, if it is going sideways, well then, we just Patiently wait on the sidelines.

Now, I have to give you what I have observed so far with intra week QQ options trading.

Puts pay more than Calls.

This is true for all stocks, but the phenomenon is further exacerbated on QQQ options.

The reason is because when the market is going down, Implied volatility goes up big time.

QQQ Options Price on the Option Chain

Traders often ask me if I buy QQQ options contracts based on Delta.

The short answer is not really.

On the QQQ Options Chain, my only concern is the Implied volatility.

Usually, when the market is bearish like in the first quarter of 2022, QQQ options price for calls are 2 or 3 ties less expensive than puts.

This clearly correlates our remarks above concerning the Calls vs Puts payout.

QQQ Options Trading Successes

In a recent 1vs 1 Coaching session with one of the traders in my Discord Channel, I revealed how I have been tracking the behavior of QQQ options that has solidified our second trading strategy of QQQ options.

Should you be interested in this information, please ask me when you subscribe to my discord Channel.

There are two ways to get access, one is through my YouTube Premium Membership.

The other is by becoming a member of the 10-bagger trading System with ALL the Advantages it provides.

Here are some of the insights you will come to learn about Day Trading QQQ options.

Best Day to Trade QQQ Options

The best Day trading for QQQ Options are without a doubt the Expiration Days: Monday, Wednesday and Friday.

QQQ is not the only ETFs to enjoy such “feast.

Of course, SPY started it in 2018, then QQQ continued in May 2021 and IWM join them in October 2021.

However, I have published free Tutorial on how QQQ Options are better than SPY options.

I did not have to go that far to find a flagrant example of how lucrative Day Trading QQQ Options on expiration is.

On April 29, 2022, the picture below shows how we turned $5 investment into $240 in less than 3 hours.

Day Trading QQQ Options - 4000% Day Trading QQ Options on Expiration Day
4000% Day Trading QQQ Options on Expiration Day

This explosive return of over 4000% is NOT an isolated occurrence.

You can check the numerous posts in my Discord room where we even created a room named “The QQQThat Pays Us”.

True story.

Best Hours to Trade QQQ Options

Here is the reveal of our second QQQ Options trading strategy.

Each day, the closing hour provides great opportunities to make good money day trading QQQ options.

In those last 60 mins, a $2 move on QQQ stock on Expiration Day is sure to generate 100% profit. on options.

Combined with the fact that QQQ options trade after hours for 15 minutes, you can further increase your profit as illustrated in the above options chart on Apr 22.

On that day, QQQ 326 puts went from 5 cents to 86 cents in the last 30 minutes to close the regular session.

An additional $1 of gains was added on Top during the 15-minute after-hours session !

Thus, making it an overall return of over 3500% !

QQQ Options YouTube Videos

Sometimes, I shy away from making QQQ YouTube videos.

Frankly because the time I invest in doing them does not match the number of viewers.

Most traders do not believe in a video titled: 1000%, 2000% Day Trading QQQ Options.

Because I do not have any other titles but these to state the lucrative opportunities on how QQQ Options Trading.

Notice I did not make one for neither April 22 or April 29 massive gains.

You will have to be content with this third one of the series.

FINAL THOUGHTS ON DAY TRADING QQQ OPTIONS

I provided a step-by-step guide on how today trade QQQ Options by leveraging the intra week Expiration.

QQQ Provides a great deal of opportunities for disciplined traders who want to make a living Trading QQQ Options.

If you are serious about learning about Options Trading today, click below to get started today with an Education that will be Life Changing.

How Much Money Do You Need To Trade Options

Looking to start your options trading career and wondering how much money you need to trade options successfully

This Step-by-step- tutorial will show you that contrary to what so-called experts tell you, you can start day trading options with very little money.

How little? Read further.

How Much Do You Need to Trade Options

There is this misinformation out there from so-called gurus that one can only make money options trading by spending a great deal of money.

I have been trading and teaching beginners options trading since 2014.

I will provide you with the knowledge you need to start trading options without needing thousands of dollars.

How much do you need to invest in stocks vs options?

The great advantage of options trading over stocks trading is the fact that you do not need a lot of money to trade options.

Most US stocks – especially the high growth technologies stocks-have become too expensive for the average investor.

Recently, several of such stocks such as Apple(Ticker:AAPL) , Tesla (Ticker:TSLA) , Nvidia (Ticker:NVDA), Amazon(Ticker:AMZN) or Google have had to resort to stock split to make their shares more affordable.

That is very telling in this age of time where fractional shares buying is available to the general public.

How much money do you need to trade options - QQQ Top 8 stocks are expensive
QQQ Top 8 Stocks in 2022

How many shares of QQQ stocks Can you Buy with $100

A quick look at the above table reveals that the cheapest stocks in the tech ETF QQQ is Paypal (Ticker:PYPL) at $114 after losing almost 45% in 2022.

The second cheapest stock is AAPL with a price of $170 following a recent 4:1 split.

Consequently, it is very difficult to start investing in stocks without big money unless you are willing to try your luck with penny stocks.

On the other hand, you have multiple investment opportunities with options with a very small capital.

Cost of Options

Some traders often get confused with the options chain quotation.

American options by default are set such that one contract control 100 shares of the underlying stock.

Therefore, the option price you read on the option chain needs to be multiplied by 100 to get real money option cost.

Let me illustrate in the table below how to translate Option chain quotation into real money.

Option Chain Quotation ($)Real Money option price ($)
0.01$1
0.05$5
0.5$50
How To Translate Option Chain Price Quotation to real dollars amount

In case you may be wondering if $1 is a realistic amount to invest in options trading, let me answer with an Emphatic yes !

Here is the video of a recent trade I made on Target (Ticker:TGT) to prove it.

How much do you need to trade Options full time

In the above video, I showcased how I traded TGT options from $1 to $50.

That was not random at all.

I and other traders in my Discord room are doing this regularly.

So Can you when I teach you these very powerful strategies.

The table below showcases how I traded SPY options from 2 cents (quotation or $2 real money) to 20 cents in less than one hour.

How much money do you need to trade options - examples of $1 options investment in successful tradings Discord room
Successfully Trading Options from $1 (real money) in Discord Room

Ultimately, you can easily answer the question: How much to do you need to trade options full time.

A few hundred dollars can go a long way to get you started trading options successfully.

The key is to gather the necessary knowledge so that you can take your trading to the next level in 2022 and beyond.

How Much Do You Need To Trade Options On E*TRADE

The platform you choose the trade options with should never be a hinderance to your success.

Every so often I hear stories from traders about Robinhood or Webull not allowing them to take advantage of options trading opportunities such as on expiration day when options price get really cheap.

My simple recommendation is to consider an option trading platform such as E*TRADE where such restrictions do not exist.

How to Get Approval for Options Trading

As a beginner, you can create an options trading account on E*TRADE in just a few minutes.

You will be asked about your years of experience trading options.

Obviously, you may not have that many, but should you have me as your coach, you can leverage my many years of experience so that you account can be approved immediately.

The primary reason I like teaching beginners’ traders options trading from E*TRADE trading platform is the immediate availability of Paper Trading Account.

Another benefit is that you will be able to leverage the many E*TRADE video tutorials I created on my YouTube channel so that your learning can be even faster.

Below is an Example of one neat options Feature from E*TRADE:

Best Stock Options for Investors with Little Money

Over my multiple years trading options, I have acquired an in-depth understanding of option chains.

As such, I will be able to teach you proven strategies that do not require a lot of money to get you started.

Below is a proven for some of them.

Best options Strategies for Beginners with little money

The easiest options strategies for beginners with little money has a name very dear to me.

I call it “Friday No Wahala“.

This option trading strategy is very affordable for beginners and the beauty of it is that it is a simple overnight swing trade.

How much money do you need to trade options -trade turned $400 into $3700 on NFL weekly options
Discord Trader Turns $400 into $3700 on NFLX Options

Can You make a living day trading QQQ?

Hands down, Trading ETFS on Expiration days (Mondays, Wednesdays and Fridays) are the best options for investors with little money.

Why you may ask ?

Options are cheaper on expiration days.

I have mastered the art of trading QQQ for big profit on such days.

So will you.

Here is how I do it and will be teaching you ALL the nuances of this successful and powerful options strategy.

FINAL Thoughts on How Much You Need To Trade Options

I provided numerous examples of how much money you need to start trading options today.

Furthermore, the very strategies traders like yourself have been leveraging in my Discord Channel will be available to you immediately.

Let’s get your started with Options Trading Today.

How To Trade FOMC Meetings

How to trade FOMC Meetings

FOMC Meetings provide opportunities for day traders to make moeny.

You can leverage this full study of market volatility around FOMC Minutes.

My aim is to help day traders, swing traders alike to maximize their profits by properly learning how to trade FOMC Meetings.

My goal is to update you here with our FOMC Trades in our Discord Room going forward.

Here are the most upcoming dates. You can click on a date to go directly to that section.

FOR 2022: MARCH 15-16 || MAY 3-4 || JUNE 14-15 || JULY 26-27 || SEPTEMBER 20-21 || NOVEMBER1-2 || DECEMBER 15

How To Trade FOMC Meetings | What Is FOMC ?

I have been trading since 2014 and FOMC meetings by far provide the single one day highest volatility in the markets.

For options day traders, this is a great opportunity to make great profit in a very short time.

What Is FOMC Role?

FOMC stands for Federal Open Market Committee.

It was created in 1933 by the Federal reserve. The members determine the economic policies to ensure an efficient market.

The main role of the FOMC is to determine the interest rates and set the gauge for a measured inflation.

In recent years, these decisions have made the markets very volatile.

How Often Does the FOMC Meet

The FOMC set a yearly calendar for 7 to 8 meetings.

Here is the schedule for 2022 for example.

How To Trade the FOMC Meetings
FOMC Meetings Calendar for 2022

Some of the meetings (with an asterix next to the date) indicates that there will be economic projections data provided.

When Is The FOMC Meeting

The FOMC Meeting is a 2-day event starting on Tuesday that is concluded on Wednesday with the interest rate decision announcment.

Interest rates have been flat from 2018 until March 2022 when Fed Chair reveal the 25-basis point increase.

FOMC MEETING TRADING

At 2PM Eastern time on the second day of the FOMC Meeting (this is always on a wednesday), traders receive the FED decision on interest rate and others economic statistics.

The only thing that matters is the market reaction to that interest rate decsion.

But that is not all.

30 Minutes later, starting at 230PM EST, the Fed Chairman holds a Press Conference with a statement followed by questions.

Here is a chart of our favorite ETF QQQ on how it reacted exactly at that interest rate announcement at 2PM EST.

How To Trade FOMC Meetings -QQQ reactions to FOMC on March 16, 2022
QQQ Reaction To Interest Rate Decision on March 16, 2022

Should You Trade During the FOMC Press Conference

From the 15minute chart above, we can see that volatility jumps off at 2PM EST.

By my experience, the initial direction of the market is very often not the right one.

This is called a head-fake in day trading.

That is exactly what transpired on March 16 2022 with the big red candle and price posting a low of the day below the Bollinger Bands.

Beware of FOMC Head-Fake

Therefore, if you are a beginner trader and have not witness market reaction to FOMC before, you may be in for a big surprise.

Otherwise, you should absolutely take advantage of the violent reaction of the stock market to FOMC during the Press Conference.

Every single word the Fed Chairman pronounces is interpreted by the Algortithms with a buy or sell signal.

More Interest Rate Hikes to Come in 2022 and Beyond

HOW TO TRADE FOMC NEWS

With the FOMC decision on interest rates, certain stocks should fare better than others.

At least on paper, one would understand that if the cost of borrowing money goes higher, companies with good financial records ought to be benefit.

Banks And Financial Stocks

Who better to benefit from higher interest rates than the banks that actually provide loans to businesses ?

Here are the banks we like to trade when interest rate are higher:

  • Wells Fargo (Ticker : WFC) is a $50 stock that provides a great opportunities for options traders
  • Bank Of America (Ticker: BAC) is another cheap stock with a nice Option chain traders can benefit from
  • My third pre-feered bank to trade is JP Morgan -Chase (Ticker: JPM) even with its higher price in the $150’s.

Are Higher Interest Rates For Tech Stocks

Common knowledge has it that tech stocks should be at a disadvantage with higher interest rate.

However, given the growth and amount of capital these companies already have, there is no clear evidence to me that you cannot trade these.

Au contraire, with options trading, should tech companies become bearish, we can easily benefit with puts options.

My recommended Top Tech Companies to trade during FOMC Meetings:

  • NVIDIA (Ticker: NVDA) is by far the standard technology company with massive recent growth
  • Block previously known as Square (Ticker SQ) has fallen below $100 briefly before a recent melt up

BEST ETF TO TRADE AROUND FOMC MEETINGS IS QQQ

I have stated previously that the FOMC Announcements are always on wednesdays at 2PM EST.

This means that there is 2 hours left for same day expiration for ETFs such as VXX, IWM, SPY and more importantly QQQ.

QQQ Study After FOMC Meetings Since 2021

I studied the reaction of QQQ for each FOMC Meeting since in 2021.

The chart is included on the Table below with my commentaries.

January 17 2021 | QQQ FOMC Reaction starting at 2PM EST
March 172021 | QQQ FOMC Reaction starting at 2PM EST
April 28 2021 | QQQ Reaction to FOMC Statement Starting at 2PM EST
JUNE 16 2021 | QQQ Reaction to FOMC Statement Starting at 2PM EST
SEPTEMBER 22 2021 | QQQ Reaction to FOMC Statement Starting at 2PM EST
NOVEMBER 3 2021 | QQQ Reaction to FOMC Statement Starting at 2PM EST
How to Trade FOMCMeetings - December 3 2021 QQQ reactionDECEMBER 15 2021 | QQQ Reaction to FOMC Statement Starting at 2PM EST
JANUARY 26 2022 | QQQ Reaction to FOMC Statement Starting at 2PM EST

QQQ head faked to the upside by up to $3 from 353 to 356.88.
Then it reversed during the Press conference by posting three consecutive 15′ red candles for a low of the Day at 341.

This means that you could have traded Puts from $356 to $341 in just an hour.
The Payout on those options was huge. Clearly over 10-Baggers.
MARCH 16 2022 | QQQ Reaction to FOMC Statement Starting at 2PM EST

QQQ head faked to the downside by up to $3 from 335 to 328.4
Then it reversed during the Press conference by posting four consecutive 15′ green candles for a high of the Day at 340.4.

This means that you could have traded Calls from $329 to $340 in just under 90 minutes.
The Payout on those Calls options was huge going from 3 cents to$1.27. Clearly over 10-Baggers.

New Trader Makes 600% Trading First FOMC In Our Discord Room

Here is how a brand new trader leverage our FOMC Study on QQQ to make 600% profit on his first trade.

How to Trade FOMC Meetings - 600% Profit on QQQ Options following MArch 16 2022 FOMCannouncment
Trader Makes 600% on QQQ Options Following FOMC Meeting Statement on March 16, 2022

FINAL THOUGHTS ON HOW TO TRADE FOMC MEETINGS

I summarized how to trade options around FOMC Minutes with QQQ ETF.

Every serious trader should consider taking advantage of this strategy to increase their account profits.

||Source: Federal Reserve Committee

Webull Instant Deposit – Easy Mistakes To Avoid

Are your trading account deposits taking too long to reach your Balance ?

Webull Instant Deposit is the ideal solution for you to get instant Trading capital to your account.

In this step-by-step tutorial on how to effectively use Webull Instant Deposit, you will master how to leverage all the benefits of Webull Instant Buying Power so that your money can start growing faster.

Does Webull Have Instant Deposit?

As a day trader or investor, how many times have you found yourself wishing you had cash available to take advantage of a great opportunity ?

Often, when such opportunities arise (to buy the dip in a stock or crypto), we do not have enough buying power to act.

Webull Instant Deposit feature is made for precisely such circumstances.

How Long Does Webull Deposit Take?

Per Webull own guidance, a deposit takes around 5 business days to settle.

This is a long time for most traders to wait in order to start putting your money to work for you.

Such processing time applies to ACH setup between your Webull trading account and your financial institution.

In my other broker accounts, I used same day wire to fund my account to minimize this waiting time.

How Long does Webull Take to Settle Funds

Webull Instant Deposit is meant to resolve the problem of how long Webull take to settle funds.

In order to alleviate that problem, here are the diverse options you can choose from.

You have the choice between ACH and wire transfers to get your funds into your Webull account.

The wire transfer for Webull looks a little bit too complex and I never explored it.

I know that most of the Webull traders prefer to use the ACH.

In case you need the wire Transfer Instruction, here is a view of what you need to set it up.

Webull Instant Deposit - Instructions for Webull wire Transfer
Webull Wire Transfer Instructions

In the US, same day wire transfer needs to be completed by 5PM Eastern time.

I typically domine in the morning before 8am pst, which is the opening time for my bank.

By 1045am pst, my funds are always available for me to trade.

Does Webull Do Instant Deposit

The Webull Instant Deposit works as if your money is available to you for trading right away even though the funds between Webull Clearing House and your bank have not settled yet.

Therefore, this means that you cannot take this money out yet until the full final settlement.

The other implication is that should your funds not clear, you may owe Webull money since they are basically extending you a short term loan.

When Do You Receive Webull Instant Deposit

Let’s try to summarize al the possibilities because the time you will receive your Webull Instant buying Power depends on when you initiate your deposit request.

Transfer Initial TimeWhen Will You Receive Webull Instant Buying Power
Before 930am EST on a Business Day Same Day During Business Hours
Business day between 930 and 4pm Instantaneous within a few Seconds
After 4pm on Business DayNext Business Day
Weekends or HolidaysNext Business Day
When Is Webull Instant Buying Power Available to your Account?

From the table above, it is easy to see that the best time to request the transfer is during market hours in order to credit your buying Power instantaneously withing a few second.

Instant Gratification does not get any better than that.

Instant Buying Power In Webull

The Instant Deposit ultimate goal is to get Instant Buying Power.

Now that we know that this is possible during regular business hours, let’s answer the question about how much Instant buying power you can expect.

Does Webull Have Instant Buying Power

Webull has Instant Buying Power if you initiate your transfer between 930am EST and 4PM EST on business days.

However, the amount of money or Buying Power you get is not always something you can predict.

In varies from account depending on your account type, cash balance, amount of money you are transferring , the current market value of your positions and your personal Webull credit.

That is a lot of parameters if you ask me.

For instance, does anyone know what is their Webull personal credit ?

I certainly do not know mine even though I have been using webull for several years now.

From what I can tell, it is an internal score Webull keeps for each trader based on your transactions history on their platform.

How To Use Instant Deposit on Webull

I can only share my experience on how much Instant Buying power I received the first time I funded my account.

I got $100 of Instant Buying Power for the first time and subsequently, anything I was depositing money into my Webull account, the Instant Buying Power was the amount of my transfer.

Hence this table below can help you predict how much Instant Buying Power you can expect assuming that you are in good standing with Webull.

How Much You DepositHow Much Instant Buying Power You Get?
Less than $1,000 Full Transfer Amount
More than $1,000Up to $1,000
Multiple pending DepositsAggregated amount of incoming funds determines Instant Buying Power
Webull Instant Buying Power Limit Amount as a function of Your Transfer amount

In Summary, Webull Instant deposit Limit Amount is likely going to be at least how much you deposit on that day and at most $1,000.

Therefore, this $1,000 can be considered as the Maxx Webull Instant Deposit limit amount regardless of how much money you are transferring that day into your Webull account.

Webull Instant Deposit Not Working? What To Do ?

In some rare cases, you may experience issues with your Webull Instant deposit.

Webull has done a great job with FAQs sections to help you alleviate such difficulties.

One of the most recurring issues on Webull instant Deposit is “Webull Failed to get bank Account.

Webull Failed to Get Bank Account

When you are linking your bank account to your Webull account, you need to ensure that the account is on your name.

The bank account cannot have a someone else name.

Should you find yourself in such predicament, here are the tutorials to help you solve this issue.

Webull Community | Learning

Inside the Webull app, you have access to a Community Section with a great deal of resources.

One such helpful resource is the Learning tab shown below where you can access Webull knowledge center at your own pace and convenience.

Webull Instant Deposit - How to Learn more on Instant deposit from the community Learning Center
Community Learning Center of Webull

From the Learning section of the Community center, scroll down to Webull APP and then click on Fundings Transfers and Instant Buying Power to reach the view below.

Webull Instant Deposit - How to resolve a failed Webull Deposit Tutorial
Webull Tutorial on Transfer helps with Failed Instant Deposit

Another great way to get your Instant Deposit is to follow my step-by-step video tutorial on YouTube.

Alternatives To Webull Instant Deposit | Webull Recurring Deposit

One of the best ways to ensure that you always have funds in your Webull trading account is to make regular deposits.

Recently, Webull just introduced a recurring deposit feature you can take advantage of going forward.

Webull Recurring Deposit

If like most investors you get your investing money from a regular job or other sources of income, you can setup a recurring deposits to your Webull trading account.

This is how easy it is to setup Webull recurrent deposits at preset dates that are convenient for you.

How To Setup your Webull Recurring Deposit Plan

  1. From your Account on Webull, select the Transfers Menu as shown below.

Webull Instant Deposit - How To Setup Webull recurring Deposit Plan
Webull Recurring Deposit Provides Instant Buying Power Regularly

2. Then, Click on recurrent Deposit to setup your recurring deposit schedule

You have four (4) plans you can select from to deposit money regularly on your Webull account.

The table below summarizes these available schedules.

Webull Recurrent Deposit SchedulesFrequencyMinimum AmountMaximum Amount ($)
DailyALLNoneTBD by your Bank | 5,000
WeeklyMonday through FridayNoneTBD by your Bank| 50lk
Bi-WeeklyMon | Tue |Wed| Thu | FriNoneTBD by your bank | 50k
Monthly1st through 28thNoneTBD per your Bank
Webull Recurrent Deposits Schedule

3. Make a Selection for the Schedule: Daily, Weekly Bi-weekly or Monthly

In the example below, I setup mine for weekly, then I chose Monday for an amount of $1,000.

This means that every week on Monday, I will get and Instant Deposit of $1,000 which Ican use to trade stocks, options or crypto.

Webull Instant Deposit -Setting Up Webull weekly Recurring Deposit for $1,000
My Webull Weekly Recurring Deposit for $1,000

This Webull recurrent Deposit is the feature to ensure that you get Instant deposits regularly and you always have available Buying Power on how account to take advantage of the great volatility in the markets.

Paper Trading on Webull

If you are a beginner trader and you just setup your account, a great alternative to Webull Instant deposit is to paper trade.

You can gain in experience whle paper trading without risking your money.

Then after you increase your confidence, you can go in with real money.

Alternatively, if you are an experienced trader, paper trading as an alternative to Webull Instant buying power can be a blessing as well.

How so ?

Simulate your trades while waiting for your Deposit

Because you can test your strategy on paper trading to see whether or not it is working while you are waiting for your funds.

This is a good simulation.

For instance, if you think that an option position provides a great entry, or you want to take advantage of a recent selloff in your favorite crypto,

Nothing is better than start that position in a paper account to test the waters.

FINAL THOUGTS ON WEBULL INSTANT DEPOSIT

Webull provides Instant Deposit so that you can have available funds to trade immediately.

Also, you can setup recurrent deposits so that you always have fresh buying power to help take advantage of the many trading opportunities in the stocks, options and crypto markets.

Source | Webull App

How To short a stock on Webull

If you want to short a stock on Webull, this step-by-step guide will take you through everything you need to know.

From leveraging margin, to the risks associated with shorting stocks, you will be better prepared to this shorting strategy.

CAN You Short Stocks on Webull?

The strategy of shorting stocks used to be reserved to just a few elite specialists.

Nowadays, even beginner traders are becoming well versed with this method of trading stocks.

Let’s explore what shorting stocks consist of ?

Basics of Shorting

In contrast to buying a stock to open a position, shorting a stock is all about selling the stock to open the position.

However, the obvious question is why would someone want to sell a stock to they own to open a position?

The answer is: short sellers do not own the stocks they are shorting.

The adjective “short” needs to be translated into “do not have it”.

Like in the sentence “I am short 5 dollars” which means I am $5 dollars short of what is needed, or I am lacking $5.

How Does Shorting a Stock on Webull Work?

So, the scenario for shorting a stock on Webull is the following.

You want to sell 100 shares of stock “XYZ” on the open market but you do not own those shares.

Luckily for you, Webull owns plenty of shares of company “XYZ”.

Webull is willing to lend you borrow those 100 shares of XYZ.

Why is Webull (or any other broker doing this ?) ?

Because, in return they will charge you interest until you return the 100 shares you borrowed.

Therefore, Webull and other brokers actions on shorting stocks are strictly business motivated.

From this description, you can see that initiating a short sell of a stock is simply a loan origination from your broker.

Sometimes, if may be transparent to you but your broker itself can be borrowing these shares from other brokers !

Should this be the case, the characterization “Hard to borrow” is added to such shares.

How do you Make Money Short-Selling Stocks

After you get the shares from a loan from your broker, you immediately sell them in the open market at the current market price.

Let’s say Company XYZ in our example is trading at $90.

Your account will immediately be credited for 100 multiplied by the current price of company XYZ stock ($90) so you get $9000.

Great for you.

How to short a stock on Webull - short selling PDD from $90to$80 in 4 days
Successful short selling of PDD Stock from $90 to $80 in 4 days

You will start making money as soon as the stock price of company XYZ stays below you shorting price of $90.

This is the illustration on the chart above with the stock going all the way to $80 in just 4 days.

How To Close your Short position on Webull

To close a short position, you need to buy the shares of company XYZ and return them to you broker who loaned them to you initially when you opened the position.

In our example, at the current price of $80, you will use $8000 from the $9000 you receive to buy 100 shares of XYZ in the open market.

Hence, you broker will get the 100 shares you borrowed.

You will also pay your broker interest for this short-term loan (it took 4 days on our graph for the stock to go from $90 to $80).

We will reveal in the next paragraph how much is the interest rate on that loan but you will stand to cash over $950 from this transaction.

How Much Money Can You Make shorting a stock?

Short selling is a bearish strategy as you can derive meaning that you make money when the price of the stock goes down.

The maximum amount you can make on a short sell of a stock is when /if that stock goes to $0.

Therefore, if we take our previous example, the maximum potential gain is $90 per share. This equates to the initial money in your account $9000 non withstanding the fees.

It is great when a trader short a stock and it all work out beautifully as depicted above.

However, the outcome is not always that rosy.

Can You lose money shorting stocks?

Yes, you can lose a great deal of money when you short a stock.

Why and how

If the stock starts going up instead of down, every dollar XYZ stock goes upby equates $100 of loss for you assuming you shorted the 100 shares.

You can decide to limit your losses by buying back at your predefined stop loss.

But often, short sellers tend to play mind games since time is often in their favor.

The rational is just to wait it out until the stock comes back down.

Should you decide to go with this method, you need to be aware of two things:

  • Every day that passes by you are paying interest on the borrowed shares
  • A short Squeeze may kick in anytime

What Is a Short Squeeze?

A short squeeze is when too many short sellers of a stock try to close their short positions at once.

This creates a buying frenzy of that stock and thus a rapid spike in its price that can last several days or weeks.

Such was the case in 2021 with stocks such as GME, AMC and the meme stocks frenzy that ensued.

My best recommendation is to respect your stoploss in order to avoid losing more money than you have in your account.

Yes, trading horror stories often come from short selling when a stock goes out of control.

GME stock (see chart below) went from $40 to $483 in just 7 days between January 20 20221 and January 28, 2021.

How to Short a stock on Webull - GME Short squeeze from $43 to $483 in 7days in 2021
GME Short Squeeze from $43 to $483 in 7 days

GME managed to come back down after 3 weeks to 40’s again.

I do not know about you but what an emotional Rollo coaster for those involved in this trade during those 3 weeks.

When Should You short a Stock on Webull

Technical analysis is the most reliable source from trading.

May that be shorting stocks on buying them.

You can use reliable scanners and screeners to indicate when a stock is in a bearish pattern.

E*TRADE scanners and screeners can help you with your short strategy..

Otherwise, you can leverage this step-by-step tutorial on Webull Screeners to achieve great results.

Can You Short on Webull with a Cash Account

In order to short a stock on Webull, you will need a margin account that has a net value higher than $2,000.

Webull will then give you up to 4 times level on your current balance hence your buying power will become $10,000.

How to Short a stock on Webull - Short positions on Webull paper account
Short Positions on Webull are indicated by a minus sign “-” in front of the shares

What can you short with $10,000 ?

You cand short of to 100 shares of stocks that are worth up to $100.

100 shares of a stock XYZ worth $90 with qualify because that represent $9,000 which is much lower than your buying power= Net account +Margin.

Webull Short Selling Fees

You will pay for margin on a daily basis on Webull.

For long positions, Webull is kind enough to give us the daily interest rate = Borrowed Cash x Margin rate/360.

The margin rate varies as a function of how much money you borrow (leverage).

Here is the most recent table as a guide showing Margin rate between 3.99% and 6.99%.

Margin Loan in $USDAnnual Margin Rate
$0 to $25k6.99%
$25k to $100k6.49%
$100k to $250k5.99%
$250k to $500k5.49%
$500k to $1 Million4.99%
$1Millin to $3 Million4.49%
Over $3 Million3.99%

How To Short Stocks on Webull?

On the Webull App, there is an indicator to let you know which stocks you can short sell.

How to Short a stock on Webull - Shortable stocks indicator on Webul App
QQQ is a Shortable stock on Webull with 50% leverage

In the image above, I circled the green arrow icon that lets you know if you can short a stock.

QQQ is a shortable stock with 50% leverage.

In case you are wondering, you cannot short GME or AMC stocks on Webull.

That is one issue I have with Webull. In their attempt to curb the risk for traders, any stock that displays the slightest increased volatility is removed from trading.

How to short the Market with an ETF

Several ETFs have inverse ETFs associated with them.

This means that when the main ETFs such as QQQ or SPY go up, their inverse SQQQ goes down and vice versa.

Consequently, a clever way to short the market with these ETFs in to buy their inverses.

How To Short Sell on Webull in 2022

Before you can cab short sell on Webull, you first must find shortable stocks.

  1. Find Shortable stocks on Finviz
  2. Use Finviz Powerful Screener to find Stocks to trade on the short side

Alternatives to Shorting Stocks on Webull

I show you how it is possible to lose more money than you have with the short sell strategy.

How about using options to mirror a bearish strategy?

If I am bearish on a stock, I would rather buy puts because the maximum I can lose should the position goes against me is my initial investment.

In the video below, I teach you how I take a very small, limited risk on Options on QQQ and make big profit consistently.

I could even argue that I can structure my bearish position with some hedge (calls) so that I am always in a great position to make money even if the bearish thesis is negated.

Check out how I trade Puts vs Calls in 2022 and beyond.

FINAL THOUGHTS On How to Short Stocks on Webull

We answered the question on how to short stocks on Webull by leveraging the margin.

You can use this technique as a day trading strategy and a swing trade depending on your Risk profile.

NEXT READ: LEARN HOW TO TRADE OTIONS ON WEBULL

How To Use E*TRADE Stock Screeners and Scanners

Many ETRADE traders may not be familiar with its stock scanners and screeners.

I know this because of a recent comments I received on a video I posted on my YouTube channel.

In this step-by-step tutorial, I will show you how to use E*TRADE stocks and options scanners for your trading.

Furthermore, I will introduce the New Live Action Scanners from Power E*TRADE.

E*TRADE STOCK AND OPTIONS SCANNERS

E*Trade is one of the big five US Stock trading platforms.

Its recent merger with Morgan-Stanley will only help solidify this position.

I have been trading with ETRADE since 2016 following the buyout of OptionsHouse which was my original trading platform.

E*TRADE FEES Per Trade

Even though other trading platforms have been able to eat into E*Trade marketshare in the last 2 years with the $0 Commissions, E*Trade still maintains a certain appeal.

The starting fee is $0.65 per contract you buy or sell.

This means that if you are trading 10 contracts per day, these fees amount to $6.50 daily about $130 per month assuming a 20-day trading month.

However, after your first quarter, you will have more than 50 trades and thus the on-going fees come down to 50 cents.

How To Use E*TRADE Stock Screeners and Scanners - E*Trade fees are35cents for me
I Pay 35 cents per contract on E*TRADE

I pay 35 cents per contract as shown my order above because I was able to negotiate this after a couple of years on consistent trading.

You can do so as well later by just calling customer service and requesting a lower fee.

Let’s be honest: if you are a good trader who is making money consistently, paying a small fee on each trade should not take too much of your profit.

Is E*TRADE Good for Beginners?

If you are a newbie to trading, E*TRADE is a good platform to start with because yo uwill be able to have immediate access to an options paper trading account.

The features such as the options chart and options watchlist are very intuitive to get you started rapidly.

New E*TRADE Live Action Scanners

E*Trade provide six categories of scanners and screeners in their Power E*Trade Graphical user interface.

Hence you get to check which ones fit you trading style.

Then you can click on the star next to them so as to save them in your Facvorites.

Scanners Categories

Here is a summary table of all six scanners categories and the numbers of individual screeners for each category.

Scanner Categories#Screeners per Category
UNUSUAL ACTIVITY24
VOLATILITY43
CLASSICAL28
SHOR-TERM22
INDICATOR6
OSCILALTOR26

Classical Scanners

Short-Term Scanners

Engulfing lines

Hammer

Hanging Man

Indicator Scanners

TBD

Oscillator Scanners

Relative Strength Index(RSI) helps traders determine whether a stock is overbought or oversold.

Typically, a stock is considered overbought when the RSI is above 70.

The range of the RSI is from 01 to100.

A value below 30 is interpreted by traders as oversold and thus it is expected to start going up at some point.

But beware: a stock can stay oversold for a long time.

How To Use E*TRADE GAP SCANNERS

These Gap scanners are part of the unusual activity category

Why yare the gap scanners important?

Because they indicate to traders that stocks are already moving in pre-market.

There is a high probability that a stock that is attracting traders (bears or bulls) in pre-market is bound to move during the regular session.

This is where day traders make their money.

How To Use E*TRADE Stock Scanners and Screeners - Gap Up and Gap down Scanners
Gap Up and Down Scanners From E*TRADE

Gap Up on High Volume Scanner

The criteria for this scanner is for stock that are priced at least $5that have gaped up at least 1% on double the normal volume.

After you run this scanner in pre-market, you can sort the resulting list from highest price to lowest price in order to focus on the most expensive stocks and avoid the penny stocks.

Unless I am familiar with the stock, I like to set this criteria to at least 2% gap.

I have a special strategy called Gang$ta strategy that I use to trade these gappers.

My bias on stocks that are gaping up by a great deal is usually on the puts side.

Gap Down on High Volume

The Algos in this US market are very keen on buying the dip.

Hence, you should always be patient before shorting a stock that is already gaping down.

How to use E*TRADE Scanners and Screeners - Chart of a stock with many gap down
PDD stock chart showing multiple Gap Down

E*TRADE OTPIONS SCANNERS

Scanners for options trading will help you focus and trade options that are attracting other traders mostly through volume.

Here is a list of 6 that you should know about.

UNUSUAL CALL VOLUMEUNUSUAL PUT VOLUMEUNUSUAL OPEN INTEREST
UNUSUAL Option VolumeHighest Call to Put RatioHighest Put to Call Ratio

Unusual Open Interest

This option scanner on Power E*TRADE will show you stocks when open interest is at least 300% higher than the regular average.

This means that a great deal of traders are interested in trading contracts fort his stock and so should you.

How to use E*TRADE stock Screrrners and Scanners - Unusual Activity options Scanners
Popular Unusual Activity Options Scanners

Volatility Scanners

TBD

How I use E*TRADE SCANNERS

Here is the detailed video on how I use E*TRADE Scanners.

Can You Trade Crypto On E*TRADE

At the time of this writing, E*TRADE does not yet offer crypto trading.

You can trade stocks, options and futures on E*TRADE.

Check out my tutorials on how to trade crypto on webull.

As crypto gains more and more acceptance, I am sure E*TRADE will offer its traders the ability to trade crypto.

I will be bringing you those details at the specific time.

E*TRADE COMPETITORS

One of the most recent competitors to E*TRADE is none other than Webull.

We have several tutorials on how to trade on Webull on our blog.

Here is a video on how to use Webull Scanners.

FINAL THOUGHTS ON E*TRADE SCREENERS AND SCANNERS

I shared some of the most useful E*TRADE Scanners and Screeners to help you increase your winning trades in this new year 2022 and beyond.

If you are serious about options trading, check out my 10-Baggers Trading system today to take your Trading to the next level.

2022 Best Swing Trading Books – Easy Guide to Success

Swing trading refers to the means of capturing short-to-medium-term gains in a stock (or any financial instrument) over the span of a few days to several weeks.

It needs technical analysis of past and present data which is highlighted in the following 2022 Best Swing Trading Books.

Don’t rush your money into it without any prior knowledge.

Best Swing Trading Books | 2022 Insights

Swing trading is a unique style of many veteran investors in the stock market.

Many novice investors are trying to master this art because of high gain on short-term goals.

Why Is Swing Trading So Appealing?

According to swing traders, capital opportunity costs are the driving force behind their strategy.

In other words, swing traders are essentially momentum traders, attracted to stocks experiencing rapid price rises, and trying to avoid having investment in stocks that don’t have the potential to rise suddenly. 

Trading is a skill and not one that’s fit to master.

How To Get Your Edge in Swing Trading

Evolving into a profitable trader requires a serious commitment to learning the necessary skills and becoming proficient in using them.

Day-to-day trading is not everyone’s cup of tea, but still, it attracts every investor locking their money in stocks.

It would be best if you had trained and calming nerves for it.

Best Swing Trading Books - Swing Trade ALerts is one of Successful Tradings Strategies
Overnight Swing Trading is one of Successfultradings.com Best Options strategies

Because where there is a risk, there is profit.

Here is a sneak peek into some best swing trading books to help master this art.

How to swing trade: A beginner guide to trading tools, money management, Rules, Routines, and strategies of swing traders

Authors: Brian Pezim and Andrew Aziz

Brian Pezim and Andrew Aziz co-author the best-selling book on every store and first pick.

It’s an ideal book for beginners.

The book covers stock trading basics and provides pro-level strategies for dealing with day-to-day trading.

The authors have also beautifully penned down short-term gains and many more principles.

If you are a veteran in trading, you won’t enjoy the first few chapters of this book because of its foundation knowledge.

Despite this, the upcoming chapters will provide you with valuable insights.

Handling risks and holdings are some of the best strategies explained in simple words.

Every chapter contains its key points and summary. It’s an excellent guide to remember all the principles of swing trading.

Swing Trading for Dummies: Author Omar Bassal

Every book teaches swing trading in a good way, but this book authored by Omar Bassal is an absolute banger.

This book covers all the essential knowledge one has to use in swing trading, from basic to advanced skills. 

The author previously headed the assessment division of one of the largest banks in the Middle East, and now he runs his business firms.

The book mainly covers the technical analysis of stocks, followed by a fundamental analysis of stock prices, and finally covers how to build a portfolio and manage it.

Throughout this book, it is thoroughly explained and demonstrated how to avoid extreme risk-taking while still gaining profits.

Mastering the Trade: proven techniques for profiting from intraday and swing trading

Author: Alan Farley

Everyone in the game of trading knows about Alan Farley.

It discusses charting, identifying support and resistance, price action patterns, Fibonacci retracements, and how to identify and profit from short-term trading opportunities.

Farley spends half of the book describing his “7-Bells” – basically, seven swing trading setups that he believes to be most reliable.

Each trade setup is illustrated.

Clearly, the relative risk/reward ratio is described, and the trades are executed and managed accurately.

The book is not only for beginner investors but are also for expert who can take valuable insights from it.

Tools and Tactics for the Master Day Trader: Battle-Tested Techniques for Day, Swing, and Position Traders 1st Edition

Author: Velez and Capra

Velez and Capra have written their experience of the past four years.

They have written the complete strategies that work on swing trading.

They are also the masterminds behind the best website Presitine.com, with over thousands of visitors per month.

The book is written in plain language so everyone new to the market must easily understand.

The authors have explained the powerful strategies and psychology behind short trading in detail.

After reading the book, any trader can access the tools to capture more winning trades and procure original profits, regardless of their experience, market knowledge, or technical skills.

Come Into My Trading Room, A Complete Guide to Trading by Alexander Elder

Author: Alexander Elder

Trading stocks, commodities, and forex are just a few of the markets in which Alexander Elder is a legend among professional traders. 

Furthermore, he has also written Trading for a living, keeping the rating of best seller book for more than 20 years.

There is a lot of discussion about the trading mindset in this book.

He has penned down how swing trading exactly works and what approach one must use to put money into these short-term investments. 

Elder also delivers eye-opening advice on the sheer importance of money management and market time dealings, along with pointing out how attention to detail can make an enormous difference in your trading profitability.

Swing Trading Strategies: 3 Simple and Profitable Strategies for Beginners by Charles Reis

Author: Charles Reis

Swing trading, for Charles Reis, offers the ideal mix of opportunity and risk – significantly higher potential profits than long-term investing and substantially lower risk than day trading.

Only 66 pages long, this book explains three simple swing trading strategies.

One relies on trading breakouts, another uses options swing trading, and the third uses candlestick signals to generate trading signals.

Don’t go on the shortness of its length. It’s the book full of wisdom.

5 Secrets To Highly Profitable Swing Trading by Ivan Hoff

Author: Ivan Hoff

If you are new to the stock market and don’t understand the graphs and technical language, you must pick this excellent book on swing trading by Ivan Hoff.

You can know charts, technical values, and all the indicators. 

User-friendliness is the keyword for this book.

Not only does this provide you with simple parts of information, but it does this in a way that does not leave the reader confused.

It’s a user-friendly book for beginners.

It’s a short book, and every word plays its own role.

Every moment spent while reading can benefit you when you are investing in swing trading in the long term.

It consists of different articles explaining the short plans and short investing.

This book can bring some quick wins for you.

Is Swing Trading Profitable?

Swing trading allows and gives your profit in short-term goals.

You can take it as a part-time job

or even a full time should you decide to make a living swing trading.

Examples of Swing Trading Success

You can stop-loss orders by avoiding huge losses.

It can bring massive profit if you niche it down and focus it on.

It can be a great resource to learn about long-term trading.

You can get used to the technical language of the stock market.

How To Swing Trade Options for Big Profit?

As you may know by now, I coach traders how to Day and swing trade in my Discord room.

Here is a detailed video on how I use Swing trading to take advantage of momentum that last several days.

You can leverage the knowledge I provide in there to manage your overnight swing trades.

FINAL THOUGHTS ON BEST SWING TRADING BOOKS

If performed strategically, Swing Trading can be an enriching venture.

Whatever knowledge you gather from these books will need to be translated into money.

You can invest practically and learn from real experiences.

If you are serious about swing trading, I suggest you check out my 10-Baggers Trading System today.

7 best day trading books for new traders

Stock investing is not something that is thoroughly taught in formal educational systems.

That also goes for the different types of stock investments like day trading.

That is why people seek reliable resources to teach them such as stock trading online courses and webinars, best day trading books, and even interviews with professional traders.

The fastest way to learn about day trading or stock trading, in general, is by reading books.

Best Day Trading Books in 2022

Books have been a fast and reliable source of information and have helped billions of people in learning what they want to know.

Thus, if you wish to learn the concepts of day trading, you will need to look for a great book.

However, several day trading books are circulating on the Internet and even at bookstores near you.

To help you choose the right book, here is our recommendation for the best day trading books for new traders.

How to Day Trade by Ross Cameron

How to Day Trade is a well-featured book on many stock trading sites.

That is because it is the perfect book to read if you are just entering the world of day trading.

The author, Ross Cameron, is the founder of Warrior Trading and has been in the industry for over six years.

With his extensive experience in the field, he was able to make day trading easy to understand which is very much appreciated by newbies in the stock market and forex trading.

What You will Learn in this Book

In Cameron’s book, he was able to explain the day trading terms that are found to be a great hurdle for several people when starting their trader journey.

Furthermore, readers treasure the two most important themes the book presents.

They are risk management and finding predictable volatility using stock scanners.

According to the author, being able to master these two themes is essential in generating profit despite the high volatility of day trading.

If you think this is the book for you, Cameroon’s How to Day Trade is available on Amazon.

The New Trading for a Living by Alexander Elder

Alexander Elder is a very well-known day trading author.

Since he recognizes that certain effective strategies may not be profitable in the future, he updated one of his best day trading books and called it “The New Trading for a Living”.

This book teaches a systematic approach to modern-day trading through easy-to-understand text.

7 best day trading books for new traders - TheNew Trading for a Living by Dr. Alexander Elder
The New Trading for a Living Book Cover

It also tackles different strategies in money management, record-keeping, identifying market zones, and the development of the trading discipline.

In addition, this book also features multiple-choice questions and chart patterns for content review.

Do you want a copy of Elder’s updated best-selling book? Search for “The New Trading for Living book by Alexander Elder” on Amazon.

Below is a video review of this Day Trading book.

#3 Best Day Trading Book for Beginners: A Beginner’s Guide to Day Trading Online

The title of this book has said it all on why this book is perfect for new day traders.

Written by a well-regarded teacher in finance, A Beginner’s Guide to Day Trading Online provides clear instruction on how to day trade.

As a book meant for newbies, it not only tackles the confusing jargon in the trading industry but also explains how to execute trading strategies.

Turner’s book also discusses risk management, technical analyses, psychology of day trading, and trading plan creation.

Furthermore, she also incorporated her own experiences in day trading from when she was just starting.

Just like other best day trading books, this one also has quizzes and checklists that beginners can work with.

If you are interested in getting one, check out Toni Turner’s book on Google Books and Amazon.

The Simple Strategy by Markus Heitkotter

Learning day trading through books can honestly be a bit boring.

That is why some people tend to drop reading about it even though they are reading the best day trading books.

However, that is not the case if you read Markus Heitkotter’s book.

In his book, The Simple Strategy, he used an upbeat tone so you can learn with enjoyment.

Heitkotter shared his journey as he shifted to day trading leaving not only his corporate career but also his country.

He expressed this shift in a positive light despite the challenges he had to overcome to bring about inspiration to first-time day traders.

Moreover, his book provides clear instructions on when to enter a trade and when to exit.

It also gives insight into small intraday trend capitalization and trading software reviews.

This book is also a go-to information source for forex and option trading. If you want to learn more about the book, you can check out its product description on Google Books and Amazon.

How To Day Trade For A Living by Andrew Aziz

Another well-featured book across sites that provide recommendations on best day trading books is Andrew Aziz’s work.

What readers love about this book is Aziz’s personal tale when he started day trading for the first time and how he lost all he earned because of lack of knowledge.

He expressed why and how day trading is something more of a job rather than a hobby like gambling.

7 best day trading books for new traders - How To Day Trade For a Living by Andrew Aziz
How To Day Trade for a Living Book Cover

What Set this Day Trading Book Apart from others?

In his book, Aziz summarizes day trading from start to end, from opening trade to closing it.

He also shared some techniques in strategy development and what should every trader expect in day trading.

Furthermore, he gave a clear and detailed explanation for each strategy mentioned in his book.

His concise writing style enables readers to improve in day trading.

That is why even intermediate-level and advanced traders find his book very valuable.

Having almost 2,000 five-star global reviews on Amazon, it is no surprise why this is a must-have book for new traders.

Many readers and trade experts attest that How To Day Trade For A Living by Andrew Aziz will become an essential day trading reference in the years to come.

Apart from Amazon, you can also get a copy of this best-selling day trade book on Google Books.

Technical Analysis of Financial Markets by John J. Murphy

If you want a book written by the most reliable person to teach you day trading, Technical Analysis of Financial Markets is the one you should get. This is written by John J. Murphy, an institutional investor at Wall Street with over four decades of experience.

He used to be the head of Merrill Lynch’s Technical Analysis Futures Division as well as CNBC’s technical analyst.

As a former top management member in a reputable investment bank, he is the most credible individual to teach you what you need to learn.

Top 7 Best Day Trading Books for new Traders - Technical Analysis of the Financial Markets by John J. Murphy
Technical analysis of the Financial Market book Cover

In his book, Murphy explained various day trading strategies backed by comprehensive examples and case studies.

He also tackled Intermarket relations, stock trend analysis, stock rotation, and profit opportunity exploitation.

He also talked in-depth about trade reversals, stock trading patterns, market cycles, and contrarian indicators.

His clear explanations in discussing complex trading data are the reason why not only experienced traders but also beginners can perceive it.

If you want a copy of Murphy’s work, you can find his book on Amazon.

#7 Best Day Trading Books: The 1 Hour Trade by Brian Anderson

If you don’t want to begin indulging with the complex side of day trading but want to get started, Brian Anderson’s The 1 Hour Trade is a great fit for you.

His book is well-received for its simplicity in approaching day trading strategies.

This approach provided clear and concise information to help traders get into focus and not be bombarded with complicated trading data.

Anderson also shared his mishaps when he first got into day trading and provided advice on how his readers can avoid making the same mistakes.

His simple book has almost 300 five-star ratings globally on Amazon.

Summary of Best Day Trading Books in 2022

Book CoverBookAuthor’s background#PagesTopicsWhere To Buy It
Best Day Trading Books - How to Day Trade How To Day Trade128Day Trading DictionaryAmazon
Best Day Trading Books - The New Trading For a LivingThe New Trading for a Living304Trading discipline, Risk ManagementAmazon
Best Day Trading Books - A Beginner's Guide to Day Trading OnlineA Beginneer’s Guide to Day Trading Online288Technical Analysis, Trading StrategiesAmazon
Best Day Trading Books - The Simple StrategyThe Simple Strategy86Stocks, Futures, ForexAmazon, Google Books
Best Day Trading Books - How To Day Trade for a LivingHow To Day Trade for a Living382Risk Management, Trading PsychologyGoogle Books
Technical Analysi of the Financial MArkets by John MurphyTechnical Analysis of Financial Markets576Futures MarketsAmazon
The 1 Hour Trade by Brian P. andersonThe 1 Hour Trade100Trading StrategyAmazon
Summary of 7 Best Day Trading Books in 2022

FINAL THOUGHTS ON BEST DAY TRADING BOOKS

Anyone can succeed in anything as long as they know their hands and that applies to day trading.

Getting a copy of one of these best day trading books can get you started on your journey into becoming a day trader.

Also, getting started is just the beginning of what day trading can do for you.

Becoming an expert in investing and analyzing the stock market takes a lot of good books to read coupled with hands-on experience.

If you are looking for more stock trading book recommendations, subscribe to our newsletter to get timely blog updates.

Options Trading for Beginners: Psychology 101

Option trading success stories - Briggs Meyers Personality Test

Psychology plays a great part in how you view and trade the stock market. Let’s explore today one of the most important aspects of Options Trading for Beginners. I am talking about the Psychology behind the profession of Trading that is often underestimated. The idea of venturing into new areas has a unique effect on each one of us. We are either cautious in our first steps or completely oblivious to any potential risk. Options Trading for Beginners: Are you …

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How To Calculate ATR in Excel

Average True Range or ATR in a Trading Indicator most day traders are very familiar with.

It is often displayed as a sub chart in many charting tools.

In this Tutorial, I will show you how to calculate ATR in Excel spreadsheet.

Also, you will learn to leverage the ATR indicator to improve your trading in 2022 and beyond.

How To Calculate ATR in Excel | What Is ATR?

I have been using the ATR indicator since 2016.

Traders are always surprised when I introduce the average True range in our Day Trading techniques.

There is a great deal of misconception about this statistical indicator.

My hope is that you will gain a better understanding after going through this step-by-step tutorial today.

What Is ATR (Average True Range)

In stock trading, the average True range (ATR) designates the average move of a stock over a period of time.

The move is measured as the difference between the Highest price and the lowest price on the defined timeframe.

The most used timeframe is daily.

If I tell you (a trader) that QQQ average is 4.44, this means that in average, each day, QQQ moves by $4.44 in average.

How To calculate ATRin Excel - QQQ ATR14 as of January7 is at 7.11
QQQ ATR 14 as of January7 2021 is at 7.13

The unit of ATR is dollars or whatever currency the stock trade with.

Additionally, because it is an average, I will need to tell you over how many days this average is measured.

Typically, ATR is measured over 7days, 14 days, 21 days or 50 days.

Therefore, on the above chart, QQQ shows a reading a reading of 7.13 on ATR 14.

Which means that over the last 14 days, the average daily move f QQQ stock has been $7.13.

How To Use the ATR for Stocks Selection?

Stocks traders and options traders can use ATR to select stocks to trade.

Imagine that you have two stocks you would like to day trade.

One has an ATR of 2.5 and the other one has an ATR of 3.5.

It is by far better to trade the stock with the higher ATR because you have higher probabilitytomake money.

Why Is the ATR important for Day Traders?

The ATR helps day traders and swing traders set the expected move for the trade.

For instance, if a stock has an ATR of 4 and you plan on holding a trade for 5 days, the maximum expected move over thee 5 days is $4 multiplied by 5 or $20.

I am assuming over the course of those 5 days, the stock is moving in the same direction each day.

What Does the ATR Tell Traders?

The ATR never tells traders about the direction of the stock.

This is often a big misunderstanding by newbie traders.

Stocks can move up or down.

The ATR simply measures the amplitude of those moves and summarize them into one single number.

Next, let’s consider why this number does not always tell the full story.

Let’s Calculate the ATR in Excel

Before we go into the calculation of ATR in Excel, allow me to bring a very important point that traders tend to forget.

Limitations of ATR

As stated earlier that the ATR is an average of a timeline, you need to be mindful that one outlier data point can skew the statistical indicator.

How is this possible ?

Let’s suppose that a stock typical ATR is 3 and then a news come along and the stop jumps up or down.

The new calculated ATR will include this big data point and severely change the ATR measure.

This is even more pronounced when this average is taken over a short duration.

ATR 14 vs ATR 50

The most common questions traders have for ATR is which timeline to use to calculate the Average True range.

7 days can easily be skewed by a big outlier especially during earnings seasons when the implied volatility jumps a lot.

In the summary table below, I have selected different ATRS over 4 timelines and provided the Pros and cons in using each one.

ATR TypeProsCONS
ATR 7Provide the most recent informationIt can easily be skewed by one outlier
ATR 14Recent information is capturedEnough data points to smooth out outlier
ATR 21Enough days to smooth out one outlierold data does not focus on most data
ATR 50Can smooth out a lot of outlierstoo old data does not focus on recent data
ATR 7 vs ATR 14 vs ATR 21 Pros and Cons

As an illustration of the above table, below is the plot of the ATR 7 vs ATR14 for QQQ for the entire year 2020.

How To Calculate ATR in Excel - ATR 7 vs ATR 14 for QQQ in 2014
Difference between ATR 7 vs ATR 14 for QQQ

We can clearly see that the ATR 7 is more volatile than the ATR 14 which is much smoother.

I chose 2020 0to showcase the impact of high volatility between late February 2020 and March 23, 2020.

You can check it out on the stock chart for QQQ and other stocks: the ATR tends to go much higher when the stock is going down.

This is one of the reasons why options traders should prefer to trade puts vs calls if they have the choice.

Because the ATR goes higher when the stock is trending down, there is more money make trading puts.

What You Need to Calculate ATR in Excel

The first step in order to calculate the ATR in excel is to have the daily price for the stock you want to calculate the ATR for.

The two stock prices that you need are the high and the Low for each day.

Where to Get the Data for ATR Calculation in Excel

You can download the daily stock price online.

I typically use yahoo finance to get this data before I process it on Excel.

Step-by-Step How to Calculate ATR in Excel

  1. Get stock price daily price in excel
  2. Add a column to you Dataset – Call it Daily Range
  3. Daily Range = High – Low
  4. Add another column – Call it ATR14
  5. Fill out the Formula for ATR 14 starting at row 15: average of Daily Range over previous 14 days
  6. Drag your Formula from Row 16 all the way to the end of your Excel table
  7. Plot on a graph the ATR 14

Step-by-Step Video on How to Calculate ATR in excel

Download my free Excel Spreadsheet Template on how to Calculate ATR in excel.

How To Use the ATR To Improve Your Options Trading

There are several applications for the Average True Range.

Below are some of the most popular ones you can learn about to improve your Day trading.

How To Use ATR For choosing an Option Strike Price

Options traders need to select a strike price in order to trade options.

One easy and quick method to do this is to use the ATRtechnique.

Since we know that the ATR provides a potential move for each day, it is very convenient for swing trading in options.

The video below provides a full description on how you can do that.

How To Use ATR For Trailing Stop Loss

You can also use the ATR information to set your Trailing stop loss.

Let’s suppose you bought a stock that is trending higher.

You are making good profit on it already and want to protect your gains while hoping for more profit.

You can then select to use the ATR as a Trailing stop.

Which means that if your stock retreats by amount equal to ATR or a fraction of it, you will exit the trade.

How Average True Range ATR will Improve your Trading

For Long Tern Investor

Trailing Stop loss is the application of the ATR for long term investors.

This is a great technique that will help you protect your gains while hoping for future profit profits.

For a Stock Day Trader or Swing Trader

You should use ATR in your stock day trading strategy because you will be able to select stocks with higher ATRs thus increasing your potential profits.

Secondly, you will be able to determine based on the ATR statistic whether you can hold on for a little longer or close it for the day because the expected ATR has already been reached.

For an Option Day Trader or Swing Trader

If you are an option trader, you can use the Average True Range ATR indicator to select the optimum strike price.

This will help you find a nice compromise between cost of the options and the probability of making money.

ATR has multiple applications

Average True Range can be used in stocks trading, Forex Trading, Crypto trading and options trading.

Therefore, it has multiple ecosystems in which traders can leverage this very important statistical indicator.

FINAL THOUGHTS ON HOW To Calculate ATR In Excel

I showcased how to calculate ATR in excel using a very easy and quick step-by-step process.

You can go this for any stock in less than 5 minutes.

Should you decide to learn more, you can download my free Excel spreadsheet template for ATR Calculation.

Best Day To Trade Stocks Options

Post earnings release performance of Alcoa stock in Best Day to Trade Stock Options

Many traders still struggle to find a consistent way to day trade options. In this article, we will reveal what is the best day to trade stocks options and show you how we applied this knowledge to generate 200% profit on the Kroger stock (Ticker:KR) this past week. Alos, I will reveal How to avoid losing positions because of badly timed entries. Read further to learn how to navigate your trading plan through the timelines. Best Day to Trade Stocks …

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How To Invest Money as a Teenager in 2022

If your new year resolution is to invest money as a teenager, then this article is good for you.

I will show step by step how to make money in the stock markets as well as Alternatives to standard investing.

How To Invest Money as a Teenager| Why ?

If teenagers need a reason to start investing at that early age, then main argument is to take advantage of time.

Reasons To Save Money as a teenager

Investing or saving money as a teenager may not be what comes in most of this generation minds.

Most may be more inclined to spend whatever they have into purchasing the latest trendy items to conform to their peers.

However, for the few that look forward to preparing their future, investing as a teenager may be the best resolution they will ever take.

Saving money is a mindset no matter one’s person age.

How To invest money as a teenager - The power of investing is a very noble goal to strive for
The Power of Early Investing as a Teenager

Once you get into the habit, investing quickly becomes second nature.

The Power Of investing

From that point forward, you can start making bigger plans.

What to do with the money is never a question you will dwell long on.

You will be able to finance future projects should you choose to.

Paying for graduate school is one I can think of.

How about starting your own business with your own seed money.

That can be very gratifying and brings a great sense of freedom.

Value of Compounding Returns

What may appear to a teenager investor as a small amount of money is bound to grow very fast.

Why ?

Because of the compounding returns.

Imagine that the money you put away on year one will be growing on year 2, 3, etc at the pace your performance return.

This means that money that is invested early will have a lot of years to grow on its own.

One crucial implication is that even if you stop investing at some point, the money you saved early will continue to grow over time.

How To invest money as a teenager - $1000 can growth up to $28625 at 15% yearly return
Growth of one-time $1,000 investment over the years

As an illustration, the above table and chart show how much a one-time $1,000 investment can growth over time.

I provided the data 5%, 10% and 15% yearly returns.

Investment Returns for teenagers

Those returns are very realistic in today’s environment as you will see later in this discussion.

Simply investing $1,000 once can turn into $28k over 25 years.

Looking at this number in the light of current inflation in the US, you and I cannot be impressed at all.

However, I hope you get the point compounding returns.

I will make it a point to provide further emphasis in the next section with an illustrious example.

You Can Afford to Take Risks

As a teenager investor, you will have time on your side.

This will allow you to take risk because you have time to recover or change plans.

To really show you the full power of investing at an early age, I will now provide a study of how much your money can growth if keep investing $1,000 each year.

Now you could be asking where you would take $1000 each year?

Think about your birthdays and gifts you have received over the years from family members.

These amounts easily go over $1000 per year 🙂

Instead of spending the cash, if you invest it every single year over the next 25 years, your potential return as displayed below.

How To invest money as a teenager - putting $1000 away each year will get you $212000 at 15% return after 25 years
You can Turn a $1,000 yearly investment into 212k in 25 years

Exponential Growth of Investing $1,000 a year

Yearly ReturnHow Much Will $1000 Grow into after 25 years
5% $47,727
10%$98,347
15%$212,793

You will have almost $100k after 25 years assuming a 10% annual return.

Should we assume a more generous return on your $1,000 yearly investment, your account will be worth over 212k.

All you have to do is to get into the discipline of putting aside $1,000 per year over the next 25 years.

Let’s me break it down further.

To put aside $1,000 in 365 days, it comes down to $2.75 per day.

Is this a plan you can start implementing today?

Maybe you are a parent of a teenager who is reading this.

$2.75 a day is less than a cup of coffee these days.

Dare I say more?

$13 a day to become a Millionaire

If you are already well into your dream to build great wealth.

Before we jump into the fun part apart which investment can give you these types of returns,

allow me to answer a question you may already have on your mind.

Yeah, I am a mind reader on my spare time as well.

The question is: How much money do I need to invest each year to get $1 Million.

The answer is: It will take you $4700 invested each year at 15% return to amass $1 Million after 25 years!

For some parents out there, $4700 a year is less than $13 per day.

Therefore, I could title this tutorial become Millionaire with $13 per day.

What Is the Best Investment for Teenagers?

One way a teenager can start investing is by simply putting the pocket money you have away.

A cookie jar was my great scheme is saving money at first.

Then at the end of each year, I will open it to decide how I was going to spend the money or put it in a new cookie jar for the next year.

How to Start investing as a teenager

As a teenager, I was not always in the position to have someone open an investment account for me.

For most teenagers, parents or guardians can easily do so nowadays.

You can ask you parent to open an account for you if you are still a minor.

On the other hand, should you already be of age to open an account, go ahead and do so as early as possible.

The next step will be to start brushing up on investing terminology.

The best place I would recommend (I used it as an adult myself for options) is none other than Investopedia stock simulator.

Resources for Teenagers To start investing money

Here at successfultradings.com, we fully believe in education to help bridge the financial gap.

Here are a series of articles to help teenagers who are newbies to investing.

Fractional Shares Trading on Webull
Top 10 Best investment Newsletters
How To Read Stock Charts for Beginners
Differences between stocks and Bonds
Top 7 Best Apps to Trade Stocks
Acorns Investing
What Is Automatic Investing

Investing For a Brighter Future

For the parents and teenagers out there needing one last reason on start investing as a teenager:

Look at Investing early as ensuring your future where you will no longer need to work as hard because your money will be doing all the hard work.

Should Teenagers Invest in Crypto?

We know now that early adopters of Crypto have all done quite well with this investment.

Hence, many including teenagers still wonder if they should consider crypto as an investment.

From my point of observation, crypto is still at a very early stage.

Impact of Web 3.0 on Crypto

According to multiple experts, the next generation of internet called Web 3.0 will further expand the importance of crypto in our lives.

The decentralized version of the internet is bound to bring crypto technologies front and center in everything we do today.

Consequently, once can only imagine the growth we have to look forward to in the upcoming decenies.

Here is a nice video depicting the influence of Web 3.0 on crypto potential boom.

Comment son Web 3.0 Impact on Cryto Video:

Here is one of the best comments from the above video:

The more I learn about these technologies the more I am beginning to see how we are on the cusp of a revolutionary transformation. I came to this scene because “crypto go up”, but now, I am insanely excited to know that I (we) have the opportunity to get in on something monumental before it really takes off. Goosebumps

Best Stocks for a Teenager to Invest in 2022

The US stock market returns over the last 10 years or so have been astronomical with the boom in tech companies.

Here is the video comparing two of the major indexes: the QQQ and the S&P 500.

Growth stocks vs Value Stocks?

For a teenager who is investing in the stock market, growth stocks will tend to be better than value stock.

Once again, the reason for this is because the teenage investor can shift the course of their investment.

Usually, teenagers are the early adopters on new technologies.

Remember, how Facebook (sorry, I meant Meta) , Snap, twitter and some other disruptive companies started.

It was first through the lenses of teenagers.

As such, your investing research as a teenager is to keep appraised of what your peers are into.

How To invest money as a teenager in 2022 - a diversified portfolio goes a long way to avoiding max exposure
A diversified Portfolio goes a long way to avoiding bad Exposure

Then, instead of buying those products if any, focus more on how you will be able to benefit as an invesor.

Let’s me give you this illustration.

Inn 2000, two friends were very much fans of iPhone.

ne bought the iPhone and the others invested 2k in AAPL stock.

Fast forward 12 years later, the second friend has over $165,000 from that single $2,000 investment.

How Much can a teenager make investing in the stock market

How many stocks in 2021 returned more than 15% ?

400 stocks out of 779 I monitor returned at least 20% this year alone!

That is over 51% of my screening watchlist.

Why is this significant you may ask?

How To Start investing money as a teenager in 2022 - stock market return above 15%
Over 51% of the stocks I monitor returned at least 20% in 2021

Well, because earlier I stated that 15% yearly return was quite possible.

Where?

In the stock market is the clear answer.

We can see some common stock 1 year performance such as Ford (Ticker: F) : 136%

Moderna (Ticker:MRNA) = 43%

NVidia (Ticker: NVDA) =125% || Microsoft (Ticker:MSFT) = 51% || Apple (Ticker: AAPL) = 33%

FINAL THOUGHTS On How to Start Investing as a Teenager

My goal was to showcase the advantage of starting investing early.

I shared the numerous reasons on why and how to start investing money as a teenager.

You can achieve financial freedom in no time.

$50000 Per year is How Much an Hour

It is quite important to know how much your time is worth.

In this discussion, he will dissect the topic of $50,000 per year is How much an hour.

This will help those looking to compare multiple jobs or source of revenues in 2022 and beyond.

$50,000 Per Year is How Much an Hour?

In order to find out how much $50,000 per year is for an hour, we need first to determine how many hours you work in a year to make that $50,000.

To do so, lets scrutinize two possible cases.

Case 1: Salaried Employee

Should you be a salaried employee, then you have certain advantages such as holidays and vacations.

In average, most corporations observe at least 12 holidays during a year.

You will also be entitled toa number of vacations that varies depending on how many years you have worked.

Let’s assume that you have only two weeks of vacations a year which is fairly average.

Just for your reference, here is a standard rate of vacation accrual as a function of your number of years at your company.

Length of EmploymentAccrued Vacation
Less than 1 year 2 weeks or 6.6 hours /month
1 to 5 years 3 weeks or 10 hours /month
5 years to 10 years 4 weeks or 13.3 hours /month
10 years to 20 years 5 weeks or 16.6 hours /month
More than 20 years 6 weeks or 20 hours /month
Standard Vacation Accrual Rate based on years of Employment

In case you are wondering how I know about the vacation table above, let’s just say I have gone through the entire table myself.

I worked over 20 years in several US corporations, so I was able to accrue vacation time based on the above schedule.

$50,000 a year into hourly for a Salaried Employee

Out of the 52 weeks in a year, our assumption is that you will not work for 2 weeks due to holidays and 2 additional weeks at least thanks to your personal earned vacation.

This leaves us with 52 weeks – 2 -2 = 48 weeks of wreal work.

A work weeks is 40 hours in the US (I wanted to make a joke here about my French readers… la semaine des 35 heures mes Amis !)

The resulting number of hours worked is 48 weeks multiplied by 40 hours per week which gives us 1920 hours.

Then we can take the annual salary of $50,000 and divide it by the number of total hours (1920) to give us the answer to our question:

$50,000 per year is how much an hour: answer is twenty-six ($26.0) based on our above assumptions.

Hourly Rates for 50k per year Annual Salaries

For employees with higher accrued vacation time, here is a summary table with the hourly pay should you have more than 2 weeks of personal vacation.

Length of EmploymentAccrued VacationHow much an hour is 50kper year?
Less than 1 year 2 weeks or 6.6 hours /month $26.0
1 to 5 years 3 weeks or 10 hours /month $26.6
5 years to 10 years 4 weeks or 13.3 hours /month $27.17
10 years to 20 years 5 weeks or 16.6 hours /month $27.8
More than 20 years 6 weeks or 20 hours /month$28.4
How Much is 50k per year in an hour based on years of Employment

Once we have the above table, we can then see that an employee with5 years of experience will make $27.17 per hour on 50k annual salary which is almost 5% higher than someone with less than 1 year of employment.

Case #2: Hourly Paid Employee

An employee who is paid hourly would not necessarily have the benefit of personal vacation.

This is often the case for contractors.

As a result, the number of weeks worked each year is about 50.

For a standard 40 hours week, this bring us to 2000 hours worked in a year.

Consequently, 50kper year into an hourly pay rate translates to $50,000 divided by 2000 hours = $25 per hour.

Truth be told, for such contractors and hourly employees, overtime is a good true measure of the total compensation.

How Much Is one Hour of your Time Worth?

The conclusion of the previous section can really get people thinking about the value of their time.

Let’s imagine two individuals who make the same amount of money $50,000 a year.

Time is Money

The first one has less than 1 year of employment and the other one has 5 years.

At first sight we might be able to think that they are earning the same salary at thus things are equal.

$50,000 per year is how much an hour - worker relaxing pool side away from work
Time away from work | Sitting Pool side Enjoying the Scenery

Until we truly look into how much an hour the 50k annual salary equates to, we would not be able to measure the true value of their time.

Therefore, this brings the perennial question: how much is your time worth?

If you can answer this question, you will be well on your way to wealth building if that is a goal for you.

Think about this with this example.

Let’s assume you know that your one hour of work is worth $26.

What to do with your Free Time?

Then if you have a (personal) task that will take you one hour or more.

If you can find someone else to accomplish this task for you for way less than $26, then you may want to spend that hour doing something that will bring each enough to pay the person handling the task for you.

On the other hand, others may just appreciate the time off work to relax with family and friends.

This part of our lives cannot be quantified in dollars.

I try to always remember that. So should each one of us.

How Much is Your Paycheck with $50,000 a year Salary?

Earlier in this series on $40,000 per year is how much an hour, I briefly described how what will impact your paycheck.

There is this saying that the only two certain things in life are death and…TAXES.

Do not Ask me, I do not know where that came from.

All I know is how much taxes you are bound be paying on your $50,000 per year salary.

How Much is $50,000 per year after taxes

We will have to be more realistic in this analysis by including the state tax.

The reason is that no everyone lives in Florida, Nevada or Texas.

I know because I have been living in California for over 20 years.

When I took my first job coming from Texas, that was exactly my argument in negotiating my initial salary.

I will use the table below with the assumption that your state tax will be eating” 7% of your base salary.

That is a good average as this number will vacillate between 5% and 10%.

Tax CategoryCost of TaxesTake Home Amount $
Social Security (6.2%)$2945$44500
Medicare (1.45%)$712$43838
Healthcare$1000$42838
401(k) Retirement contribution (5%)$2500
State Tax (7% of new bassline salary)$3325$39513
Federal Tax (15%)$7125$32388
How Much is your paycheck with $50,000 Salary?

The percentages on the different taxes are calculated on the remaining amount after you have put the 401k retirement away.

This is because we know that the money invested in 401k is tax deferred.

Therefore$47,500 is our new baseline for taxes calculations.

Take Home On $50,000 per year

Most US companies pay their employees every two weeks,

This means that we have to divide the remaining amount of money after you have paid your taxes into 26 weeks.

$32388 divided per 26weeks is about $1246 dollars.

This is how much money a person making $50,000 annually is likely to see every couple of weeks.

$50,000 per year is how much an hour
How much will you Take in your pocket on 50k Annual salary?

The variables that you can tweak to reflect your specific situation are the state tax you pay and how much you elect to defer on your 401k for retirement.

Remember, the advantages of the 401k retirement account are as follows:

  1. You will get free money from your company to match your contributions
  2. You will be paying taxes on this money at a lower bracket later in retirement

How Much is $26 an Hour Annually?

Should you happen to have an hourly rate job, then the question is turned around.

In this scenario, you would want to know how much money you can really make per year.

Such jobs may be like in a call center or any position where workers are dispatched on a need basis.

Let’s summarize in the table below how many possible worked hours you can accumulate in a given year.

I am going to assume that such a worker has a 5-day working week.

We will vary the number of hours worked each day.

Hours of Employment in a YearAnnual Salary
50 weeks /10 hours/day $65,000
50 weeks / 9 hours/day $58,500
49 weeks /9 hours/day $ 57330
49 weeks/8 hours/day $50,960
48 weeks/10 hours/day $62,400
$26 an hour is how much per year?

The first-row calculation is as follows: 50 weeks x 10 hours x 26 dollars per day = $65,000 / per year.

Salaried vs Hourly per Rate

There is a great deal of information we can derive from the above table.

The most obvious of which is you can me more than $50,000 per year even if your hourly per rate is only $26!

What ? How is this possible ?

Yes, you read it right.

If you work for instance 49 weeks in a year for 9 hours each day, then your yearly salary (row # 3in the table) comes us to be $57,330.

This amount is almost 15% higher than the salaried employee who makes the same $26 per hour.

Do You Have 2 Hours to Spare Each Day ?

The second most remarkable data point from the data in the study table is the fact that with just 2 extra hours of works each day, you can work 48 weeks a year yet end up making $62,400.

That represent a cool 24.8% higher annual pay compared to a worker who just put in 8 hours each day over 48 weeks.

What a perfect Segway to the next section on how to increase your annual pay.

Ways To Make More than $50,000 a Year?

As we just learned above, should your current job allow it, you can increase your base salary of $50,000 by 25% just working 2 more hours a day.

The pay could even be higher if those 2 hours are considered overtime.

So go ahead and ask your boss if you can take in extra shifts to increase your yearly salary.

Learn A New Skill

A great deal of people is just ONE simple idea away from making way more money than what they are currently bringing home.

Imagine if instead of putting more time into your current job each day, you decide to dedicate 2 hours each day to acquire a new lucrative skill.

Maybe you have a dormant passion in you waiting to be awaken in this new year.

Do not put it off any longer.

Take the first step today.

I was once in our shoes and for many years I kept neglecting the other avenues I could be making money.

One such road is exactly what led me into this very blog.

Yes, that is correct.

I took my first step an evening of October 2019.

To be honest, it was not even planned.

Like most people, I finished my day work and was just browsing around on the internet.

Then one click led to another and here I am today, I have a blog with over 200 articles teaching others about my passion of investing and trading Options for a living.

Make more Money in the Comfort of Your Home

Everything nowadays is available online for most activities.

Whatever you like to learn or do, chances are there is a community something in this world that you can leverage to get where you want to be.

So, what do you fancy?

Can You Live Well with $50,000 Salary?

With great planning, it is perfectly possible to arrange your life and live comfortably on $50000 per year.

However, the challenge comes for those individuals whose lifestyles do not match their pockets.

Jobs that Pay $50,000 per Year

The Experts at ZipRecruiter provide a great list of jobs that pays $50,000 per year.

We will be reviewing them shortly to provide you our best one.

In the meantime, I cannot help reminding you that the best job you could ever have is to work for yourself!

Therefore, even if on a short-term basis you are working for someone else right now, make it a point to start planning how you will transition over the long term to be your own boss.

How To Make a Living Day Trading

I shared how much money you can make day trading in a recent blog post.

In a simple illustration, let’s assume you can make $500/day Day trading.

This amount of $500 is a key point as you will see shortly.

$500 per day translate into $2500 per week.

Which means that you could make around $10,000 per month Day Trading.

Conservatively, we can project that a Day trader can make over $50000 a year on a constant basis.

How much an hour Can Day Trader Make?

In fact, I could easily argue that Day trader have the best hourly pay rate you can imagine.

I have been Day Trading since 2014.

I can show you Day Trading Strategies that can yield very good return in less than 2 hours.

Furthermore, Day Trading provides a great deal of flexibility to you.

You can decide to Day trade for a couple of hours per day and live the rest of your life as you please.

Here is a view of several examples of winning Day Trades our Traders in our Discord Room.

Is $26 a Good Hourly Pay Rate?

I shared how this $26 hourly rate can really blossom into more than $50000 per year.

For that, you will need to be in a situation that allows you to have as many hours as possible.

Is $50,0000 a Great Salary?

Depending on where you live, $50,000 can be a great yearly salary to get you started in life.

Especially if you are young fresh out of school.

Healthcare spending should not yet be a concern despite the current circumstances.

Therefore, you need to start investing as much as you can while maximizing your hourly pay.

Multiple Sources of Income

One great secret into building wealth is to create multiple sources of income.

They will greatly contribute to increase your net income.

There are spending you and I will never have control over but as for the sources of incomes, each one of us is fully in charge of that.

The question is: Are you ready to start the foundation of your future wealth?

FINAL Thoughts | $50,000 a year is How Much an Hour?

I answered the question: $50,000 per year is how much an hour in the direct and indirect form.

Which led us to explore the concept of time value for each one of us.

I urge you today to take the first step to your financial freedom.

There are multiples avenues for that.

Which one is yours?

How To Use Trailing Stop $ and % on Etrade

Protecting your gains in stocks and Options trading is a very powerful technique.

In this tutorial on how to Use Trailing Stop on E*TRADE, you will learn how to easily do that so that you can start growing your account consistently.

How To Use Trailing Stop On Etrade | What Is a Trailing Stop ?

A trailing Stop or more precisely a Trailing stop order is an order that will execute only when your predefined condition is met.

Many traders have contacted recently on this confusion topic.

It usually goes something like this.

Hey, Telex, I cannot close my position on E*TRADE because the platform is saying that I do not have it.

9 times out of 10, the reason for 10 is because there is a trailing stop order already in place.

Many traders seem to forget that a Trailing stop is a condition order.

Background Story on Trailing Stop YouTube Video

Therefore, once you put one in place, you cannot go and try to close the same position before canceling your previous (conditional) order.

How To Use Trailing Stop on E*TRADE - EMA8 yellow line on QQQ 15 minutes chart is a perfect Trail to the price action
EMA8 (Yellow Line) Is a Perfect Trailing Stop for QQQ 15-minute chart for Day Traders

If you are a beginner trader, this concept of Trailing stop may be tricky at first, but it is not.

True Story: A trader from Florida contacted me a few months ago after researching tutorial on Trailing Stop on YouTube.

He could not find anything satisfactory.

His request was for me to teach him how to use Trailing stop in general.

So, I showed him on ETRADE (that is the platform I use) how to use Trailing Stop% and Trailing Stop $.

At the end, the trader suggested that I make a video on this topic because there were not that many good ones.

I wish I would have recorded our Live session.

Nevertheless, I recorded a video on that day on YouTube title: How To Use Trailing Stop% vs Trailing Stop $ on Power E*TRADE.

A week ago, another trader Mr. Charles from Texas joined our Discord group on his appreciation of that video alone!

Yet, I told him I still needed to write a full tutorial on successfultradings.com blog.

Here we are 🙂

How To Use a Trailing Stop Order to Close a Position

The concept of trailing stop means you are tracking the evolution of the price.

Imagine you are trading a stock you bought at $100.

Then the stock move bullishly in your favor to 110.

So now, you are making $10 profit per share.

If you want to be able to get as much profit as possible without risking some of the money to have already made, then you can use a Trailing Stop to track the price movement of that stock as it goes higher.

Below is a view that depicts the scenario of a Trailing Stop to help you protect your profit on this trade.

How To Use Trailing Stop on ETRADE - Trigger price and Trailing Stop indicator
Trailing Stop Concept: Trigger Price and Trailing Metric or Indicator

In our example of a stock purchase of $100, the trigger price would be $110 to start trailing.

You will trail with a metric or a technical indicator: Moving Averages are good trailing indicators as depicted on the first chart with the 15′-minute chart of QQQ.

How Does Trailing Stop Work on ETRADE for stocks?

ETRADE allows you to use Trailing Stop % and Trailing Stop $ for stocks.

This means that you can specify your Trailing Trigger (this cancan be a technical indicator if you are doing this manually) as a percentage or as a raw dollar amount.

In either case, the concept is fairly straightforward.

In the view below, I selected the Trailing stop% for Roku Stock.

Trailing Stop % vs. Trailing Stop $

Remember that the Trailing Trigger is dynamic which means that it is updated as the price changes.

How To Use Trailing Stop on  ETRADE - Trailing Stop Order Ticket for Roku Stock
Trailing Stop Order in ETRADE for Roku Stock using Trailing %

Here is how it is calculated.

  • The initial Trailing Stop Trigger is calculated as the [Current BID – Trailing amount (in % or $)]
  • We are always trailing in reference to this BID price
  • As the BID price goes higher or Lower, the Trailing Trigger is updated

Since the current BID is 231.50 and we are trailing 1% from it, that means that our Trigger for execution will be when the price reaches 231.50 – 1% of 231.50 = 231.5 – 2.315 = 229.185

Therefore, as long the price of the stock continues to go up from this starting point, you will be making more profit.

Should the stock price come down by 1% from the last BID price, you Trailing stop order will triger.

Your stock position will be sold at the Market price.

This is very important to know. We will address this in the subsequent paragraphs.

Some traders prefer the Trailing Stop$ because it does not require any other calculation like the Trailing% to convert into money.

How To Use Trailing Stop on ETRADE for Options Trading

In order to use the Trailing stop feature for Options trading on E*Trade, you will have to choose Trailing Stop$.

ETRADE does not offer the Trailing STOP% on Options. Not sure exactly why.

I can only suspect the fact that option prices are decimal number thus it can avoid confusion for some traders to deal with percentages.

In the above view, I am setting up a Trailing Stop for 2 Roku Puts contracts.

I want to trail 25 cents away from the BID.

At the start here, my trigger is: $1.27 – 025 = $1.02.

Therefore, if the price drops to $1.02 right after my setting the Trailing stop, it will trigger and my contracts will be sold at the market price.

Whatever that price is.

Yes, we do not know the execution price of a Trailing stop order.

It can be well above the trigger price just as much as it can be lower than the trigger price.

What I am looking for here is for the option contract to continue going higher such that the trigger price.

How To Use a Trailing Stop Order to Open a Position (Buying)

Some traders use the Trailing Stop for buying positions.

This is not common but can be done in a similar manner.

An example of scenario could be you want to go long on a stock.

You are waiting for it to confirm its bullish direction.

Hence, you will trail the price until the Ask price to become greater than a certain price level.

In such a case, the trail amount can be the difference between that price Level ( VWAP or EMA8 re good examples) and the current price.

When Can You Use a Trailing Stop

Most traders employ the Trailing Stop to close (sell) positions they are already making some good profit on.

It is an easy way to manage a position once you have already taken some partial profit and looking to make more money.

Also, for traders who may not be in front of the screen to manage their positions live, Trailing Stop re a good way to track the action.

It should be noted that a Trailing stop can works just as a standard static Stop loss when the position goes against you.

What Is a Good Trailing Stop Percentage For Options Trading

More and more traders have been asking me in my Discord Room how to implement Trailing stop% or Trailing stop amount in dollars ($).

In order to help options traders with their Trailing stop percentage, I created the table below as a reference guide based on the Reference price of the option contract.

  • FULL DETAILED TRAILING STOP EXAMPLE ON ETRADE ON LIVE TRADE
  1. IT IS A CONDITIONAL ORDER
    you are telling the system to execute this order when a condition is met. Example> You bought 1000 Contracts of QQQ DEC31 408 Calls @ 0.50 then, contract went to 1.05 so you are making 0.55 of profit
    or 110%.
    You want to protect this profit but want to ride it for more
  2. You initiate a Trailing Stop with 25 cents as trailing amount.
  3. WHEN IS THIS CONDITIONAL ORDER ACTIVATED?

BID =1.04 <<<====>>> Calculate the initial Trigger = Current bid – Trail_amount

ASK =1.10

  1. WHEN IS THIS CONDITIONAL ORDER TRIGGERED?

Initial_Trigger= Initial_Bid ($1.04) – 0.25 = 79 cents

At some point: BID price is going to change and the TRigger
will automatically update !!
IF BID= $1.5 ===> then Our Trigger become $1.5 – 0.25 = $1.25

  1. WHEN IS THIS CONDITINAL ORDER EXECUTED ?
    it is excuted when the price retreat by 25 cents from the dynamic trail
  2. HOW IS THIS CONDITIONAL ORDER EXECUTED?

This order is ALWAYS EXECUTED AT THE MARKET PRICE !!!

As a reminder, the reference price is the initial bid price of you contract at the time you are activating the Trailing stop.

Example: If the contract is worth $1 Bid and 1.04 Ask price, you reference is that Bid price of $1.

That is the price you will be trailing from.

The table below gives you the % to trail by as a function of the reference Bid price of your option contract.

Reference Bid Price Suggested Trailing Stop%Suggested Trailing Stop Amount ($)
Less than 15 cents50%7 cents
Less than 30 cents 40%12 cents
Less than $125%25 cents
Between $1 and $220%30 cents
Over $315%40 cents
Over $410%45 cents
Over $55%50 cents
What Is a Good Trailing Stop Percentage

Risks Of Trailing Stop Orders

Over the years, I have heard my share of horror stories with Trailing Stop Orders.

Quite often, these are due to lack of understanding about Trailing Stop orders.

Here are the few instances where you can be vulnerable to a Trailing Stop.

Stock Splits

If you happen to have a Trailing Stop on a long-term position, a stock split will definitely affect your Trailing Stop Trigger.

Here is how.

Using recent example of stock splits for AAPL and NVDA.

Both were 4:1 split meaning that the price was divided by 4 overnight.

The very next day, the new BID price – Trailing amount would have immediately triggered the execution of that order.

Join Our 10-Baggers Trading System Today | CLick Below

When a Stock is Halted

Similarly, when a stock is halted for trading, there is a great uncertainty where it will open after the halt.

Hence, you should be carefully with Trailing stop in this scenario.

After a Stock Gap Up or Down Overnight

Overnight Gaps up and Gaps down can change the BID price significantly.

If you are holding a stock that gaps down, there is a very high probability your Trailing stop will trigger.

Of course it makes sense for it totrigger.

The issue is the uncertainty of the sale price after the order is executed.

All Trailing Stop order are executed at market price which means that there is great uncertainty about the execution price every single time.

Very Volatile Stock Market

A very volatile market or stock is vulnerable to Trailing stop order.

Such is often the case for cheap stocks or penny stocks.

I try to reduce this possibility by trading stocks that are at least $15.

This should not be a deterrent for you to trade some affordable stocks out there but just be aware when setting up Trailing top order in those instances.

Lack of Liquidity

Lack of liquidity is when there is market for the stock you are trading meaning there is no bid.

Imagine then what can happen especially at the open for such stocks.

It will be very difficult to set a Trailing stop amount in this case.

Step By Step Video on How to Use Trailing Stop on E*TRADE

In this video, I showed you how to use Trailing Stop percentage and Trailing Stop dollar amount from my trading platform ETRADE.

Hopefully, you r feedback will be as positive as for the many who have enjoyed it so far.

Traders in my Discord Room have been leveraging this technique recently to make 10-Baggers profit trading options.

Good Alternatives to Trailing Stop Loss

If you do not want to setup a Trailing Stop order because of some of the limitations above, you can resort to setting up other conditional trades.

In ETRADE, you can setup a limit order that is triggered based on your predefined conditions on the price of the stock.

The advantage of this method over the Trailing Stop is that market makers do not get to see your order.

It is highly believed that market makers love hunting for Stop Loss so that they can stop traders and then move the price in their desired direction.

Best Trailing Stop Strategies

  • ATR Trailing Stop mt4
  • Binance Trailing Stop
  • Successfutradings.com Trailing Stop Loss – TBD

Trailing Stop On Webull

TBD. Coming out soon.

FINAL THOUGHTS

Now that you have mastered how to protect your profit with trailing stop, allow me to introduce you a great way to consistently reach those profit you will need to protect.