The problem with buying the dip

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Raging Bull
The problem with buying the dip

 

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Check that offer out above – you can get Alpha Hunter this week for as low as $59!  Which has been totally crushing it!  Here’s where my portfolio stands in month 5:

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.

I’m not making this up, these are REAL MONEY trades with ALL my positions for you to see – the GOOD, the BAD and the Ugly !  

My goal is to make $10k a month while running a business – so you know I’m not babysitting my trades full-time.  And I’d love to teach you how I’m pursuing this goal.

My weekly session is LIVE at 2pm EST today – I’d love to have you join me, or watch it this evening on your own time as I record these every week and load them on the Dash.

And let me tell you, I’m itching to get on some more trades, as I had some business meetings in Dallas last week.  Instead of trying to guess where the market was going and having to worry about managing positions, I simply went to cash and was able to focus on what I was in town for.

When I returned home on Friday, I was cashed up and ready to return to work and trade the market.

My first opportunity came pretty quickly as I saw QQQ dip over $2 from the pre-market highs.  

Now, the problem with trying to “buy the dip” is that you never know if there is going to be another, bigger dip right after you buy.

On this morning, I waited for QQQ to test the morning lows a couple of times, and then I set up my first trade of the day.

I already discussed with Alpha Hunter members what my plan was in the morning email, and then I followed up with app alerts as I was ready to make my moves.

This chart below is a good visualization of what I was seeing in the market along with the app alerts to document my trade…

Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically.

With my type of day trading, I could be in a trade for a matter of minutes – or even hours – as I wait for things to play out either in my favor for a profit, or my stop loss is hit.

In this case, the trade nearly reached my profit trigger a couple of times, and then stalled.  Instead of being stubborn and staying in the trade because I “had to be right,” I lowered my sell order and took a lower profit than I wanted.

While I was aiming for $1500, I “settled” for an $800 profit.

The key here is that I took a profit.

When it comes to trading, I don’t care how big the profit is, I just want to make sure I grab it when I have it and not risk seeing a profitable trade roll into a loss for me.

The second opportunity I saw was over an hour later when QQQ started to consolidate above the VWAP line.

This is another great pattern I look for, so once again, I sent out the app alerts to my members telling them what I saw and what my plan was…

Once again, the trade went in my favor. This time, it hit my target perfectly, and my profit trigger closed out the trade.

The trade took a little under an hour from start to finish, and I made 45% or $1800 in profits.

Those two trades were plenty of money to pay for the trip I just had and also for a pretty fun weekend with the family.

At this point, I was already past my daily profit goal, so instead of trying to force another trade, I decided to catch up on work and leave the market alone.

The big thing I want to emphasize today is patience.

I was patient, waiting for the right trades to present themselves, and then didn’t hesitate to jump on the opportunity when I saw it.

You have the chance to join me for daily trading insights and see my actual daily trades as I am making them.

This is unprecedented access to a guy who has been doing this for over 20 years and will teach you everything he knows about options trading and reading the markets.

I want you to learn what I have developed over my trading career.  I truly think that if you apply the discipline, trading lessons and learn from the real-life trades I will send you, then 2024 can be the best trading year of your life. 

There is no other way to say it – if you miss out on this, it is purely your own fault.

Make the move today to put the power of options trading in your favor.

Join the Alpha Hunter family today!

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