In the challenging world of being a day trader and making money online from day trading stocks, any trading tips and suggestions are a good thing. I’ll be the first to admit it is very fun to talk about all the opportunities and benefits that can come along with being a day trader such as being able to make money no matter your location; however, let’s focus on those two words: make money. Meaning, you actually need to have a trading strategy that produces results and can give you consistency over the long term as a day trader. I want to show you a trading tip that has really helped me make money in the stock market. No worries, this video is not going to me teaching you how to trade using a textbook or theory, I’m going to show you a real life trading result of mine that demonstrates just how powerful the SPY can be when used withing your day trading stock strategy. Trade management is one of the most important skills you must learn as a day trader and this tip of using the SPY will help give you an extra edge in the market and align the probabilities of success more in your favor.
Additional Example of Using the SPY – watch THIS