Making Money On The Trends with Better Trades
Below is a MRR and PLR article in category Finance -> subcategory Investing.
Profit from Trends with Smarter Trades
Title:
Profit from Trends with Smarter Trades
Word Count:
997
Summary:
When I ventured into stock trading, I quickly realized the importance of learning from successful traders who are actively profiting in the market.
Keywords:
better trades, investing, finance
Article Body:
Dear Traders and Friends,
I've had an incredible week of trading, making $7,300 on KKD, $1,700 on FRX, and $2,000 on QQQQ. I'm also doing well with my open trade on FRX to the downside. Here's a snapshot of my trading insights using THE DEDICATED TRADER website as a valuable tool.
One major lesson I've learned is the importance of learning from traders who are genuinely successful. Unfortunately, many so-called experts in the stock market don't have a solid trading record. They talk the talk but don't walk the walk. I pride myself on being different, sharing my trades in daily commentary to benefit you, my readers.
Besides the daily commentary, I offer a mentorship program called TRADERS TALK. For four hours a week, you can join me in a private workshop, examining trades and leveling up your skills. Many have rapidly advanced from beginner to experienced trader in just a few sessions.
Here's my commentary for Friday, June 6th:
Market Notes - Friday, June 6, 2003:
COMPLETION OF QQQQ TRADE: 3 PM EST
I closed my QQQQ trade, securing a $2,000 profit before commissions. Not bad for a Friday afternoon.
TRADES: 12:00 PM EST
1. FRX Puts: Bought 15 August $60 puts at $5.90 FHATL. I'll exit if it breaks today's high of $55.90 unless it reverses downwards. My target is around $52 for profit.
2. QQQQ Puts: Purchased 40 July $33 puts at $2.45 QAVSG. I'll monitor and exit if it surpasses $31.47. Despite Intel's promising earnings report, the momentum has weakened, and I plan to trail it down.
Good morning and happy Friday! The markets opened strong, and my trades, all betting on a downtrend, seemed counter to the initial momentum. However, markets are dynamic, and a reversal may be imminent.
Potential Trades if Market Declines:
DOW: AA, AXP, DD, XOM
NASDAQ: CMVT, INTU, JNPR, MOLX, NXTL, SANM, SPOT
Unfortunately, I wasn't targeting any upward trades today due to ongoing trends.
This brief message carries a powerful reminder: Be cautious about whom you trust and learn from. The stock market is incredibly potent; equipped with the right tools, you can achieve time and financial independence. I'd be thrilled to guide you on this journey.
One of my favorite trading vehicles is the QQQQ, an exchange-traded fund that includes all NASDAQ 100 stocks. I closely watch MSFT, a major component, for directional cues. As demonstrated above, I bought 40 contracts at $2.45 each, calculating a delta of 0.71. A mere 77-cent move yielded a $2,000 profit in about two hours?"spectacular!
What’s great about the QQQQs is the dollar-level strike prices. My July 33 calls, with a $2.45 cost and 0.71 delta, illustrate the affordability compared to regular stocks which often cost $5-$8 per share for similar returns.
Many underestimate the QQQQ, assuming insufficient movement for profitable trading, but it only requires small shifts to generate gains with a relatively low investment.
Even with just 10 contracts, the profit would be $500 on a $2,450 investment, a 20% return in mere hours?"remarkable!
Treat the QQQQ like a stock by analyzing support and resistance. Opt for a strike price with a delta above 0.70 for short-term trades, profiting by buying at support and selling at resistance.
I'm excited to soon offer a course on this topic, including a free one-hour class on my site. I invite you to catch the enthusiasm I have for these strategies.
Additionally, I teach a two-day class twice a month?"join me in Atlanta on June 19-20. Discover why students have found my guidance transformative in their trading journey.
Happy Trading!
Darlene Nelson with Better Trades
You can find the original non-AI version of this article here: Making Money On The Trends with Better Trades.
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