How I Made $9,000 Trading a Unique Strategy
Today’s market was nothing short of crazy. I had the opportunity to trade one of my all-time favorite strategies, the 5-minute Engulfing Crack. We have a comprehensive explanation of this pattern in our Education Center. Although it doesn’t occur frequently, when it does, it tends to be a potent trading opportunity. I typically take an aggressive approach when such a setup presents itself.
Here you can watch my recap session with Jarad, where I break down how I secured a substantial profit trading a Bullish Engulfing Crack on $AMD.
Ardi has been sharing some remarkable credit spread trades in the chatroom. Personally, I believe this is one of the best methods for making consistent gains in the market while keeping risk under control. Make sure to follow Ardi in the chatroom and consider enrolling in his FREE Udemy course here.
Today marked the Federal Reserve’s meeting date. They reaffirmed their 2% inflation target for the long term and doubled down on their messaging regarding interest rates. It’s safe to say that we shouldn’t expect a zero-interest-rate period anytime soon. The days when you were rewarded for taking on risk, or Silicon Valley’s era of zero interest rates, are behind us. Be prepared for an environment of elevated interest rates.
As we speak, market is experiencing a sell-off, but volatility remains astonishing. Tesla, for instance, made significant round-trip movements up and down today, allowing many traders in the community to secure substantial gains. We anticipate that interest rates will remain elevated for a while.
Many traders in our community are finding it possible to make two to three thousand dollars a day. For example, Avi and Add Zero have been sharing some fascinating results in the chatroom. I enjoy following their progress, and I want to express my gratitude to them for sharing their knowledge with the community.
Last but not least, I’m excited to announce that Avi is joining our moderator team, where he will provide mentorship and guidance to our community members. If you’d like to connect with him, please send an email to [email protected] or follow him on Twitter.
Finally, if you’re considering joining our community, today is your last chance to take advantage of our 50% off Back-to-school discount on our Elite annual plans. Don’t miss out on our Elite Plans. Get one year of full access to our community at a 50% discount!
See you in the chatroom!