Missed 100x gains. got 10x. AAPL beats. Will SPY hold gap and make new highs? Ideas for Jan 31, 2025
What happened to the market? SPY, QQQ, MSFT, NVDA and more all red. I'll discuss this and how I plan to profit in today's blog.
Good morning traders !
I’m super pissed so I’ll be busy coding this weekend. I was the weak link in process yesterday. It was expensive. I alerted an idea to take SPX 6060p for 0.50. It came and filled, I later placed an order at 0.15 and that didn’t fill. The wild part these actually dipped to .05 but I wasn’t watching. I made my bet and was fine with win or lose - it was a 100% do or die yolo in case SPY got slapped into the close. Where did I screw up. I didn’t do the math and I didn’t use Edge to plan the trade. I went gut.
I sold at $5-6 for a fast 10x. That is great right? I got 10x after being down 90%. What a relief. However if I used Edge, entered my targets like I usually do instead of being lazy. Here is the plan it generated and what the reward and sell targets should have been. on a $1000 bet.
I basically under performed by over 70%. What’s wild? Look how accurate the targets were!
Apologies THT PRO members. I need to be a better example and use Edge every time/every trade. That said, I’m proud of you. Feel free to comment with how you did on the 6060p. I know one member took advantage of the idea and went from -4k on the day to over +7k, making $13,400 on the short!
We can thank Trump for triggering the move. Remember What I said earlier this month. Trump will give us wild moves, but then the trend will likely resume so be prepared to eat losses/protect capital, but also to reposition at even better prices.
Yesterday’s dip into key support just before the close gave opportunities to scoop long. For me that meant to yolo AVGO 220c for 1.25. In premarket today it hit 221. If I’m right about market breakout developing today and AVGO can clear 220, it should see 225-230 at some point today.
If you have been debating about joining, now is the time. Volatility and momentum is my jam and it could be yours. Join THT PRO to get alerts, real-time commentary, and improve trading habits before I raise rates. Some will think that the monthly fee is expensive. I consider it a steal considering the quality of alerts, ideas, and education. I will likely increase the monthly for new members to 500-1000/mo on March 1. If you aren’t wanting to make over 10-20k/mo (and some do that daily or weekly) then my process and service isn’t for you. I CAN NOT PROMISE you will make that, but review my alerts and signals — I 100% believe that learning to think and trade using my processes provides opportunity and reward consistently.
Why the increase? The amount of custom code development and my operating costs have been going up but I haven’t increased the fees to keep pace.
OK. Enough with the venting. The cool thing is that I devote my energy to process improvement when I screw up. make that attitude change for your won trading. Stop beating yourself up and focus on solutions! There will ALWAYS be more opportunity and more trades coming. I’ve been coaching/supporting a trading buddy who grew is account over 6 figures, got emotional and lost it all. In less than a month he went from $2000 to $22000!
So focus on process, trading less, and trusting there will always be more great trade opportunities coming so don’t need to force a trade immediately and you too can make significant strides!
It’s seeing the growth and wins from members that give me so much pleasure and inspiration to build our community. Thank you all for being members.
Thu Highlights
Yesterday I wrote that I wanted SPY to dip into 602.50 to get long for 607 AND we got exactly that! I also told THT-PRO members I expected the dip sells yesterday to come and 610+ to come on Friday. So that means…. BUY those dips!
SPY - dipped to 600-602.50, then reclaimed 603.50 and ran to 606.50! But then another hard fast dip to 602.50 before a rip back over 605.
AVGO - tested 221. making our 225c yolo swing from 0.25 hit $2.50 for 10x!
BABA - perfectly ripped over 101.50 and pushed to 103.50. Hopefully it can see 105+ today and 110+ next week. the daily chart looks constructive, my biggest fear is that profit taking selling comes in AGAIN. BABA has been struggling to hold its gains.
META - I wanted 720+ yesterday but this is why Edge is so great. Edge signalledl a credit sell on 702.50 calls. So I cut my calls. and flipped short. I alerted META 680p for 1.25. These hit $10.70! Upon reaching 680 and fill at 678, I alerted my exits and flipping long on 700c. These however only popped 90% and decayed.
Solid day people!
Fri Premarket Highlights
As expected market is gapping up! Can we make new all time highs today?
SPY 0.00%↑ - gapped up to 608 so far. 610.78 is all time high.
AVGO 0.00%↑ - gapped up and tested 221 again. Can it clear today or will it fail?
META 0.00%↑ - gapping up and testing 692, will it clear 700 again?
BABA 0.00%↑ - gapping down and test 101. 101.50 needs to turn into support otherwise could be a failed breakout and we get a flush back into 92-95 before 110+ in coming weeks. (My thesis is china names will get money since they have been laggards).
AAPL 0.00%↑ - losing on iphone sales, but service revenue is growing., gapping so far 247s.
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Introduction (for New Readers)
Welcome to my blog on Two Hour Trading—your daily source for market insights and trading opportunities. Here, you’ll find comprehensive market analysis, educational lessons, and trade ideas to help you excel in trading, all while spending less than two hours a day.
What Subscribers Get
Subscribers receive daily market analysis updates, educational content, and up to three trade ideas each morning based on real-life examples and my trading approach.
NOTE: screenshots from chat are from Edge Trade Planner. A platform available to THT PRO members. Join Us for live commentary and planning. Note my goal is to actively trade less than 2 hours a day finding 1 to 4 great trades a day.
What is Two Hour Trading?
Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:
High-quality trades with excellent reward vs. risk
Avoiding overtrading and losses from it
Trading to win vs. trading not to lose
Stacking the deck in your favor
2025 Q1 Alert Leaderboard
Here's a look at some of the potential gains achieved through our entry alerts:
Intraday Alerts
2024-01-02 SPX 5880p 11 to 40+
2024-01-02 SPX 5820p $2 to 10
2024-01-03 SPX 5930c $2, dipped to $3 and ran to $11
2024-01-06 SPX 5980p $1.70 → $20 ($1700 to $20k potential)
2024-01-07 SPX 5900p $0.50 → $11 ($500 to $11000 potential)
2024-01-07 SPX 5930p $5 → $17.4 ($5000 to $17400 potential)
2024-01-07 SPX 5930p $5 → $40 ($500 to $4000 potential)
2024-01-08 SPX 5800p 1/10 $4 → $10 ($400 to $1000 potential)
2024-01-10 SPX 5800p 1/10 $4 → $10 ($400 to $1000 potential)
2024-01-13 SPX 5820c $5 → $10 ($400 to $1000 potential) **Round 1
2024-01-13 SPX 5820c $2.80 → $16 ($400 to $1000 potential) ** Round 2
2024-01-13 SPX 5820c $4.50 → $16 ($400 to $1000 potential)** Round 3
2024-01-14 SPX 5870c $0.75 → $3.75 ($750 to $3750 potential)
2024-01-14 TSLA 430c $0.75 → $3.75 ($750 to $3750 potential)
2024-01-15 SPX 5950c $9 → $14 ($9000 to $14000 potential)
2024-01-15 GS 610c $2 → $4.50 ($2000 to $4500 potential)
2024-01-15 TSLA 430c $3-4 → $8.20 ($3500 to $8200 potential)
2024-01-15 QQQ 514p $0.8 → $1.82 ($8000 to $18200 potential)
2024-01-16 AAPL 235p $0.7 → $7 ($700 to $7000 potential)
2024-01-16 SPX 5980c $7 → $12 ($700 to $1200 potential)
2024-01-16 SPX 5970c $2 → $5 ($2000 to $5000 potential)
2024-01-16 SPX 5970c $2 → $5 ($2000 to $5000 potential)
2024-01-17 SPX 6000c $8 → $17.2 ($8000 to $17200 potential)
2024-01-17 TSLA 430c $2 → 5.20 ($2000 to $5200 potential)** Round 1
2024-01-17 TSLA 430c $2.30 → 9.9 ($2000 to $9900 potential)** Round 2
2025-01-17 SPX 6000p $0.50 → $5 ($500 to $5000 potential)
2025-01-17 SPX 6020c $0.50 → $0.30 ($500 to $300 stopped.) ** was a combo trade with the 6000p
2025-01-21 SPX 6035c $5→ $15 ($5000 to $15000 potenital.)
2025-01-21 TSLA 440c $2.90→ $5.30 ($2900 to $5300 potenttal.) **dipped to 2.58. alerted 2.50 entry wanted.
2025-01-22 NFLX 950p $3.25→ $10.60 ($3250 to $10600 potenital.)
2025-01-22 SPX 6090p $1→ $5.80 ($1000 to $5800 potenital.) **dipped to 0.65
2025-01-23 SPX 6110c $0.80→ $8.60 ($800 to $8600 potential)
2025-01-24 SPX 6100p $3.30→ $2.30 (stopped) ** round 1 stopped
2025-01-24 SPX 6100p $1.50→ $12 ($1500 to $12000 potential) ** round 2 we banked
2025-01-24 AAPL 222.50p $0.25→ 0.80 ($2500 → $8000 potential)
2025-01-24 AAPL 222.50p $0.25→ 0.80 ($2500 → $8000 potential)
2025-01-24 AMD 123p $0.10 → 1.72 ($1000 → $17200 potential)
2025-01-27 SPX 5950p $9 → 40 ($900 → $4000 potential) ** premarket trade
2025-01-27 SPX 5950p $1.50 → 3.50 ($1500 → $3500 potential)
2025-01-27 NVDA 117p $1.5 → 5.4 ($1500 → $5400 potential)
2025-01-27 AVGO 200p $1.8 → 9.10 ($1800 → $9100 potential)
2025-01-28 SPX 6040c $8.50 → 33.50 ($8500 → $33500 potential)
2025-01-28 SPX 6080c $0.20 → 2.25 ($3500 → $22500 potential)
2025-01-28 SPX 6070c $0.70 → 6.20 ($7000 → $62000 potential) *Round 1
2025-01-28 SPX 6070c $0.90 → 6.20 ($9000 → $62000 potential) *Round 2
2025-01-29 SPX 6000p $4.50 → 12 ($4500 → $12000 potential)
2025-01-29 SPX 6060c $1.5 → 5.20 ($1500 → $5200 potential)
Swing Alerts
2024-01-13 TSLA 430c $1.30 → 8.82 ($1300 to $8820 potential) **alerted exits at 6.50 and 8
2024-01-15 GS 610c $2 → 8 ** exit on 1/16
2024-01-15 GS 610 $2 → $16 ** missed reload on dips. exit on 1/17
2025-01-16 SPX 6000c 1/17 $3 → 17.20 ** dipped to $2 on Thursday, exit majority at $12.
2025-01-21 SPX 6070c 1/17 $6.50 → 30+. *exit on 1/22
2025-01-21 AVGO 242.50c 1/24 $2.50 → 6 *exit on 1/22
2025-01-21 ORCL 180c 1/31 $2 → 11 *exit on 1/22
2025-01-22 NVDA 145p 0.75 → $2 *exit on 1/23
2025-01-23 ORCL 190c 1/31 $2 → 3.20 *exit on 1/24
2025-01-27 META 700c 1/31 $7 → ? rare e/r yolo **hope to sell 50% at $14 make it risk free hold into report.
2025-01-27 AVGO 225c 1/31 $0.25 → 2.50 **reached on 1/30 but I didn’t sell and got stopped at 1.50 and reloaded at 0.35-0.40
Credit Sell Alerts
2024-01-14 SPX 5800/5795 bull puts for 1.50-2.50. $2000 credit potential using 10 contracts and $1000 risk.
2024-01-15 SPX 5950/5955 bear calls for $2→0. $2000-4200 credit potential. Round 1 dipped to 0.75. Round 2 ran to $4.20 and then dropped to 0.
2024-01-16 SPX 5950/5955 bear calls for $2→0. $2000-3000 credit potential. Round 1 dipped to 0.75. Round 2 ran to $3 and then dropped to 0. ** not a typo, same play paid.
2024-01-16 SPX 6020/6025 bear calls for 3.50 ** DID NOT FILL. (the 1.50 at time of alert went to 0)
2024-01-21 SPX 6035/6050 bear calls for 2 stopped 2.50
2024-01-27 SPX 5950/5945 bull puts for 2.50 → 0 **premarket
2024-01-30 SPX 6060/6055 bull puts for 4.50 → 0
**Past Performance is not indicative of future results
For live alerts and market commentary click the button below.
Trade Recap for Thu Jan 30
GOLD BOLD ITALIC = price action signal
WHITE REGULAR = action to take/taken
GREEN REGULAR = trades I should have taken
SPY / SPX
Pretty complex day with lots of opportunity!
Lessons to learn:
look for gap up reversals even if bullish
pay attention to option scanner‘s credit sell
Don’t forget trading futures /ES to swing overnight
If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.
Education - How to Join a Strong Trend
The process I typically follow for joining a strong trend are as follows:
All day grinder: join on dips to 20ma
Multi-day grinder:
Join either on support test of morning lows/failed breakdown reversal
Join at vwap mid day or end of day
Keep it simple. Don’t chase, wait for support levels for great risk/reward entries!
Education - Systematic Profit Taking
How do I take profits? I keep it relatively simple. Depending on the entry and range to the next levels I typically with take profits 50-100% of my profits at 3-10R and then raise stops to above entry with a goal of letting runners take me to the next level or 2 and to then reload if I believe we are consolidating before the next leg.
I then repeat the same process on the reload.
Let me know in the comments if you have questions or would like to see examples, I’ll share them.
Trade Ideas - Plan for Fri Jan 31
Stick to process. The process and trade setups I teach works. Rinse and repeat over and over again. There will be losses. Any good system will have them. Being systematic also means the gains will repeat and come again too. If you keep changing your system/process trying in an effort to never lose a trade, you will never get to where you want to go.
Ideas
PCE came in and market is holding gains so far. overall would love.an initial pop, then profit taking and the a grind to new highs. Basically a repeat of yesterday. There is some risk given that inflation rose a little bit 3 moths in a row, but is net inline with market expectations.