Saturns Day 9/5/20
Greetings Traders,
I am going to be updating this blog at least weekly now with news on the markets, bias readings, and reports on our trades signals.
The last 9 days of trading were winning sessions. We also caught the huge drop into September 4rth using options with the market getting slammed down -807 points on the DJIA
……….
On mini Nasdaq here are the points total and the profit total which as always is based on 4 NQ contracts. Our daily NQ goal is to hit +8-12 NQ points and then Stop Trading. This will give us a $500-1000 paycheck on 4 NQs.
Thurs Aug 20th…..+8.00………..+$620
Mon 8/24……………+17.00………+$1,324
Tues 8/25……………+2.25………..+$144
Wed 8/26……………+9.50………..+$724
Thur 8/27…………..+9.00…………+$700
Mon 8/31……………+9.00…………+$700
Tue 9/1……………….+4.50………….+$288
Wed 9/2……………..+9.00………….+$700
Thur 9/3…………….+14.00…………+$796 (up to +$5996 gain)
*On Sept 1st I had recommended buying Put Options on the SPY. SPY340 puts 10/5 expiration at average price of 4.99….Sold these on 9/3 with big market drop of -803 DJIA points at 8.40 for +68% gain ($680 gain for every 1000$ invested)
Note: Our main daily business is NQ futures trading but as a bonus feature to the members of the room I will give signals on stocks, ETFs and Options. We have had 85% winning trades on the signals given since 2016
Join our Day Traders Action live room under the “Trade Live with Mohan” section of the blog for only $39 to start if you have not been in our room before. Returning members email me at: Mohan@daytradersaction.com
Just remember: Futures trading is risky and only risk capital should be used for trading.
all the best, Mohan
