SPY on the Market: Hugh’s 'One Thing' That Changed It All

You are receiving this email because you signed up to receive our free e-letter DayTradeSPY's SPY on the Market, or you purchased a product or service from its publisher, Eagle Financial Publications. [SPY-on-the-market-banner-1200] [Trading Room]( [Pick of the Day]( [Inner Circle]( [Ultimate Trading Workshop]( [SPY Signal]( SPY on the Market: Hugh’s 'One Thing' That Changed It All by Hugh Grossman and Ahren Stephens 08/15/2024 SPONSORED CONTENT [The AI Gold Rush: 7 Stocks Set to Soar]( One investing veteran says these 7 AI companies could mint the next wave of tech millionaires. Are you ready to stake your claim? [Click to see the full list before it goes mainstream.]( Last week, I talked about that ‘One Thing’ that causes your greatest pain, and if you can eliminate that, just how your fortune will instantly improve. If you missed the article, [click here]( to read it. For me, my “One Thing” was the recognition that the stock market is actually not my adversary at all, but my best friend. In fact, it gave me many opportunities all day long to make money. Once I changed my perspective and acknowledged that it was instead more like a dancing partner, everything for me changed. Sometimes, the market would take a step forward, and I would take a step back. Then Miss Market would take two steps back and I would go forward two steps. When I had enough, we sat down, waiting for the next song, at which point of course, I took my profits. I became at one with the market, worked with its movements instead of against it. I discovered this by endlessly studying charts. Price charts on SPY (SPDR S&P 500 ETF Trust), together with the options chains and historical prices, led me to see the incredibly accurate correlation when our indicators lined up. When the setup presented itself, the next decision point was the “runway”, or how much room there was for the trade to grow into. If there was ample room for which my trade would present a reasonable gain, then the decision was made: time to enter the trade. [Click Here for 94% Options Winners]( For investors who are interested, please act fast. I limit the number of people I share this with so that everyone maximizes profits. This time around, I’m only showing it to serious investors first. To avoid missing this, [click here now.]( Next step was to buy an acceptable number of contracts based on my account balance and risk tolerance, aiming for modest gains. When required, I also exercised patience. I took profits as the market presented itself, not necessarily when I wanted it to. Then I would wait for the next opportunity. I had to consciously take those precautions and systematically execute those steps until it became second nature. Once I got into the habit, making money eventually became easier. It was only when I veered outside my parameters and took shortcuts or became aggressive that the market would punish me, as if my dancing partner responded to my ill begotten gestures on the dance floor. I am reminded of when Shelly Jones slapped me on the disco floor at Uncle Sam’s Nightclub one night. Hint: not a good idea to check out other girls while you’re dancing with one (lol). The market will punish you promptly and decidedly. Never take it for granted. Treat it with respect and dignity. Adding to my “One Thing” was my decision to log my trades and study the results. This is very productive, if done correctly. Yet, so few people actually take the time to track and study their trades. Whenever someone complains about their results or claims our system does not work, I always ask to see their log so I can analyze their trades. Oddly, I never hear from them again, yet I would be very happy to review their work. We need to see the executions before we can correct any deficiencies. [This A.I. Spots Trades Like a Spy, See it Live]( Cutting-edge A.I. technology just pinpointed one asset that could outperform everything else in the market. It’s a huge week for Wall Street, but an even bigger week for your portfolio...if you know how, and where to look. Be curious. [This is how A.I. forecasting is beating the markets.]( My “One Thing” changed my trading completely. Had I not delved into my issues, I would have continued my hit-and-miss approach, eventually going broke. This one exercise was crucial to my trading success. I encourage everyone to continue on a path of learning and applying their skills in this dynamic environment. In all my years of trading, I can honestly say that no two trading days were ever the same. If you need help finding your “One Thing”, we may be able to help. Simply [join Ahren and me in our morning Trading Room](. Be informed as we answer questions in real time, helping you achieve your goals. Expect excellence with the benefit of two seasoned traders with a combined 40+ years in the market. If you could have done it alone, you would have done so already. You need us, mornings 9:20 to 10:30 a.m., ET. Confused about options or what we do? [Join us at 8 p.m., ET, Sunday night for our weekly Intro to Trading / Week in Review](. We analyze the prior week and forecast where we may see prices unfold in the following few days. We also provide an options trading primer so you can see if trading is for you. It is not that difficult if you know how. We teach you everything you need to be a successful trader. Check us out... it costs you absolutely nothing! Create great trades! Sincerely, [Hugh Grossman][Ahren Stephens] Hugh Grossman and Ahren Stephens Editors, [Trading Room]( [Pick of the Day]( [Inner Circle]( and [Signal]( About Hugh and Ahren: [Hugh Grossman]Hugh Grossman has manned the helm of DayTradeSPY for over a decade now. A self-taught trader, who turned master trader, has learned everything about trading the SPY (the SPDR S&P 500 ETF). Hugh has been guiding his subscribers of Inner Circle, Pick of the Day, DayTradeSPY Signal, and the Trading Room to daily profits since 2010. [Ahren Stephens]Ahren Stephens has been studying the markets since his teens. He opened his first trading account at the age of 18 and has studied the stock market, forex market, and commodities markets for more than 20 years. Ahren is a licensed commodity broker, and was most recently an analyst at an award-winning, multi-million-dollar firm. With his knowledge he has been guiding his subscribers of Inner Circle, Pick of the Day, and the Trading Room to daily profits. 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