Good evening,
I’m excited about the Santa Rally and 2024 bull market.
Here’s a real life lesson on how I like to approach strong stocks trading above the 10-day EMA.
I did this trade Thursday into Friday.
First, my chart has the 10-day EMA on it.
Then, when META is trading just above that level, I sell out-of-the-money puts down below.
Those have low odds for the buyer, therefore high odds for me.
As the stock consolidates at or above the 10-day EMA, the puts lose value and I make money.
Here’s what that looked like Thursday into Friday.
In at $1.90 Thursday, out at $1.28 Friday or $.62 profit per contract. I had 12 contracts.
What I love about this is it can be done with as little as $2,000.
See how the stock dropped just below the 10-day EMA Thursday?
As it bounced off the low, that’s when I entered the trade.
I call that bounce ‘trampoline rejection’ and the reason it bounces is because algos often buy those dips.
Friday when the price action bounced up off the 10-day EMA I took profit.
I entered at $1.90 and want the $1.90 to go to $0 for 100% win. I exited thai trade at $1.28 so 33% or $744 overnight.
Results not typical. Trading is hard. Nothing is guaranteed.
Think about that for a second, we’re only talking about a $1,976 trade.
See how I’m able to build a $2,000 balance quickly?
I teach in real-time members were alerted moments before I entered and exited that trade.
Looks just like a text message on your smartphone.
In 2023 the highest I grew a $2,000 balance was $31,856 doing this over and over.
And it only took me about 100 days. Then there was a draw down so I decided to take profit.
Followed by starting a new $2,000 balance. My members love this strategy.
And I have new trades coming this week on my current balance.
That $2,000 balance is up 133% in a month to $4,663.
Winning 19 of 21 trades.
All alerted before entry and exit.
And I’m starting a 2nd $2,000 balance on January 2, 2024.
So whether you want to learn how to trade a pure $2,000 like I’m teaching, or trade a bigger account, this strategy is the best I know.
Think about this for a second.
A $20,000 balance would be at $46,600 in a month.
And have you been paying attention to what Jeff has going on lately?
Jeff Bishop is the one who taught me how to trade the $2K SAJ edge.
So he’s been on FIRE, dialing in his nearly $15,000 worth of AI tools to give him an extra edge in this over-extended market.
Yes, he’s been BLOWING IT OUT OF THE WATER – not only in Bullseye (one pick a a week) and Bullseye Unlimited (3 trade ideas a DAY), where he just hit this MONSTER on AFRM:
Trading is hard, results not guaranteed and should not be expected to be replicated typically.
But also in Alpha Hunter… where he has been embarking on a $10,000/month mission since this summer. He’s about 5.5 months in and he is outpacing his goal!!!
Trading is hard, results not guaranteed and should not be expected to be replicated typically.
Note that Jeff ISN’T trading with million dollar positions either – INSANE!
So I’ll keep this short since it’s Sunday…
Right now you can join ONE or ALL of his services – individually or through an Elite monthly pass.
Give all of Jeff’s services a try (along with mine and JW’s in the Elite offering) – see what resonates with you, hit your stride and start running!
And don’t forget, Jeff’s next Bullseye Trade of the Week dropping Monday morning (pre-market)…
Next Pick Drops In:
Secure your seat today and get a head start on the New Year!
P.S. For any questions, reach out to Jeff Brown @ [email protected] or 1-800-585-4488. And to bypass Bullseye Trades, go for Bullseye Unlimited – where you’ll get Jeff’s TOP THREE picks DAILY! Let’s go!
Questions or concerns about our products? Email [email protected]
© Copyright 2022, RagingBull
DISCLAIMER: To more fully understand any Ragingbull.com, LLC (“RagingBull”) subscription, website, application or other service (“Services”), please review our full disclaimer located at https://ragingbull.com/disclaimer.
*Sponsored content: We’re a proud affiliate for Vinovest, meaning if you click a link for a product or service, we may earn a commission at no extra cost to you. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers’ trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.