LIVE Online Fibonacci Workshop March 22 Dear Fellow Investor, My name is Ahren Stephens. I’m a trading instructor at DayTradeSPY.com. For the past few years, my partner Hugh Grossman and I have been teaching investors and beginning traders how to make money trading options. Specifically, by trading just one option, over and over: the S&P ETF Index known as SPY. Our main method of teaching options trading happens in DayTradeSPY’s Trading Room, where we demonstrate techniques LIVE in real-time. This is a great way for beginners and experienced traders alike to discover how to trade options like the pros. Yet while the fast and furious action of the Trading Room does reveal WHAT to do... we often don’t have time to go into greater detail and explain WHY we do it. That’s why I decided to host a NEW online workshop that reveals one of the most hotly-debated secrets of option trading – the sequence of numbers known by the name Fibonacci. It’s called the [“Fibonacci Trading Secrets” workshop]( and it’ll be held at 11:30 AM ET on Wednesday, May 22, 2024. In this LIVE demonstration workshop, I pull back the curtain on what I think is “the” essential tool of technical trading – the calculation of support and resistance levels. And I will provide techniques and tips for putting this tool into practice through the use of Fibonacci ratios. The “Hidden Mathematics”
Behind Markets... Described by an Italian mathematician in the 1200s but discovered thousands of years earlier, this esoteric system of numbers is considered (at least by some) to be nothing less than the secret mathematical code behind markets. It’s simply a series in which each new number is equal to the sum of the preceding two numbers – so 1, 1, 2, 3, 5, 8, 13, and so on. To calculate the Fibonacci ratios, you divide each number in the sequence by the next number, which gives you a series of percentages – such as 23.6%, 38.2%, 50% and 61.8%. For decades if not centuries, professional traders have noticed how these percentages seem to track the price movements of stocks, options and other investments to an astonishing degree. For example, if a stock price breaks above a resistance level and then retraces by 23.6%, it may be considered a good opportunity to buy, with a target price set at the 61.8% retracement level. And now option traders and investors have a rare chance to really dig in to discover the details of this powerful market force. During the upcoming workshop, traders will learn… - 3 reasons why successful traders use Fibonacci numbers whether they know it or not...
- How to combine candlestick patterns at Fibonacci levels for high probability setups...
- Why 38.2%, 50%, or 61.8% retracements of a prior move is often considered a buying opportunity...
- The right way (and the wrong way) to calculate extensions so traders know where an option is heading...
- The importance of confluences and how to spot them...
- The formula for identifying winning trades based on Fibonacci retracements...
- And lots MORE! In short: [This is a jam-packed, LIVE online workshop]( that anyone who trades or is interested in trading shouldn’t miss. Almost everything I will go over is based on the real-world trading that we do with students in our Trading Room. And here’s the best part: You can attend this LIVE online workshop for the special low price of only $249 $199. For those who want to reserve a seat for the “Fibonacci Trading Secrets” workshop, [click here now.]( Once the spot is reserved, we’ll send the details on how to log on for the workshop... how to access the recording of the workshop after the live event (included in the price)... and and additional information about DayTradeSPY and trading. So, click on the big button now, and let’s get started trading! [Reserve Your Seat Now]( Best wishes, Ahren Stephens
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