Patience Pays!!! 1000% trade unlocked. Do we get another today? Trade ideas Thu Nov 06
My high probability idea nailed it again! If you missed the morning move many were left frustrated until the last hour. Learn how Edge helped us recognize opportunity that paid 500-1000%
I can’t stress enough how important it is to be systematic and process oriented.
Yesterday i shared this idea:
Sure we went 1 point further, but it was spot on. We got a double bottom and then rallied!
SPX 6800c went from $5 to $25+!!!
Then we consolidated all day and finally broke down in last hour!
We took SPX 6810p! I alerted it at $1.10 — sorry I was a little late ;)
If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.
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
If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.
Plan for Thu Nov 6
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.
Context:
Premarket session for SPY shows initial upside from 678.82 to a high of 679.57, but reversed sharply lower to close around 677.26 by 09:08 AM ET, trading below the key Pivot Point (PP) at 677.98, indicating a bearish bias heading into the open. This breakdown below PP suggests potential for further downside testing support levels, with limited upside unless it reclaims PP. Volume has picked up on the decline, supporting the bearish momentum.