Looking to Make $200 a Day With $4,000 to Invest?

Come with me, Grasshopper.

1. Start with a cash account. This way, you can trade as much as you want with whatever money you have in your account. A margin account will only bog you down, is harder to get, is more expensive and can possibly get you in trouble.
2. Join our Trading Room. We provide hand-in-hand guidance to take you through our winning strategies. More on our Trading Room later…
3. If you cannot be in our Trading Room, set up the following charts: one minute, five minute and 15 minute. Also set up the 10- and 20-exponential moving averages (EMAs). Invoke the pivot points on the five-minute chart. These indicators will come in very handy.
4. Draw in your support and resistance lines on the five-minute chart. Horizontal lines, EMAs and pivot points, as well as strike prices, may constitute support and resistance levels.
5. Follow the longer term five-minute and 15-minute charts. When the 10-EMAs are over the 20-EMAs on the longer time frames, check the one-minute chart. When the 10-EMA crosses the 20-EMA on the one-minute chart, that is when you would make your purchase… but before you do, make sure you have ample room for the stock to grow before it hits the next level of resistance, assuming you are going to the upside.
6. As the setup presents itself, buy the “at the money” option for at least one week to expiration. Go ahead, invest your $4,000, but only do this if it is before 11 a.m. ET.
7. Put in a sell order with your 5% gain with a “good till canceled” ticket. Come back later at the end of the day to collect your gains. But remember, no guarantees.
8. …. You’re welcome!

Do this again tomorrow, and the next day and the day after that.

I tell you this to show how simple it is to make money on the market. What you don’t see is that, while simple, it may not be quite that easy. You will have the following questions, to name a few:

1. What if the market turns against me?
2. How can I make more than 5% ?
3. What if I get my support and resistance wrong?
4. Why should I only place one trade a day when the market is open until 4 p.m.?
5. What if your system fails?
6. Why would I risk all my money to only make 5% when I hear of people making much more than that?
7. Will I ever get good at this? Why SPDR S&P 500 ETF Trust (SPY)? Why not the S&P 500 itself (SPX) or Invesco QQQ Trust, Series 1 (QQQ)?
8. My brother-in-law’s best friend’s sister at work heard about another indicator I should use…  can I not put that on the charts, too?

Your questions and more will be addressed in our Trading Room. We guide and protect you, mostly from yourself. We teach you everything we do and we do everything we teach. Who else does that?  We’re now in our 15th  great year, having taught thousands of traders just like you. Want to know all about the market? Go somewhere else. Interested in how to make money? You’re in the right place.

To be clear, there are risks involved in trading options. And it is especially for this reason that you need to be there, in our Trading Room, with Ahren and me on a daily basis. Those who have been with us a long time are making double-digit percentage gains in multiple trades a day without breaking a sweat.

Some people join, stay with us for a while, then go off on their own. Many return after realizing they need the Trading Room and not being able to live without it. For a little over an hour every day, they get their daily fix. New or experienced alike, all serious traders can benefit from this exciting morning ritual.

Day Trade SPY Trading Room — see why everyone’s talking about it. It runs daily from 9:20 to 10:30 ET. Click here to subscribe.

Not sure yet? Join us at 8 p.m., ET, Sunday night for our Intro to Trading/Week in Review to see if options trading is for you.