How to select the right options contract expiration

I’m just like you. Well, not exactly like you. But I’ve been there before. Show of hands, how many of us buy an option contract, have the stock do EXACTLY what we wanted, and still lose? Your school never taught you. Your grandparents never passed down the family...

How to Trade the SPY This Week

The market didn’t have enough mustard in the jar to close the week above the big $300 on the S&P 500. The SPY happens to be the easiest trading vehicle for the markets. By far the most popular ETF, everyone watches it like a hawk. My every waking thought centers...

My #1 Pattern For Timing Bearish Trades

I always say that one of the best things about options is the ability to profit no matter which way the market moves. Red or green — it doesn’t matter if you know what you’re doing and how to play both sides. But how do you get to that level? Well, for...

How To Manage Risk When Day Trading

If there’s one thing I’ve been telling Daily Profit Machine members over and over again the past few months, it’s that this is a day traders’ market. I’ve been saying it so much, they’re probably sick of hearing it! In fact, on...