• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Options and Traders Network

Supercharge Your Wealth!

  • Angel Portfolio
  • Tools
  • Reports

Day Trade

How to Get Rich Quick By Ditching Conventional Wisdom and Applying it to Trading Options

April 30, 2020 by OptionsAndTraders

Good morning!

The goal today is to inform you of my new challenge, and teach you about the millionaire trading mindset.

My mentor taught me this important life lesson today.

Trust me, these words hurt a bit. Actually, they stung a lot. However, he was right. By the end of our conversation, I became ready to accept his ultimate challenge.

“Ken, I am going to stop you from continuing your $500 to $10,000 challenge today”

“As of today, you are done”

“To be honest, I challenged you, because I knew you weren’t quite ready to complete the challenge”

“I taught you all the skills and techniques that I have acquired in the past 25 years of trading. You are no doubt, one of the most talented students I have ever taught.

You are ahead of 95% of all the other people trading on the market.

The one thing you lack is confidence, and that was the reason I challenged you.

That is something I cannot teach, you have to learn it on your own.

Skills aren’t enough to make you a millionaire, you need the mindset, and the confidence.

I have been watching your live stream occasionally, and I noticed that your entries are flawless, you are absolutely great at your entries.

Your mindset is great, and it’s constantly improving. I am confident that your mindset will continue to develop as you gain more experience trading.

Your confidence is lacking, that is why you do not take your wins.

That is why you back out on trades that could have made you a lot of money.

That is why you failed to make the trade on UAL.

Confidence is the expression of competence.

I know you are trying hard to teach your students everything I taught you, but you are working too damn hard.

Conventional wisdom tells you that making money requires you to work pretty damn hard.

I want you to break that myth. You don’t need to work hard to make a ton of money. If you go back and look at your streams, you do a very simple task, and your account spikes up and makes a ton of money.

That is easy money. However, conventional wisdom is what is corrupting your mind.

You are taught from a young age that making money has to be done by hard work. Hence, you don’t have the mindset for easy money, and that’s okay. Understand that making money is easy.

I am telling you today, making money is pretty damn easy. You just need to have leverage.

95% of people think that making money is hard, 95% of people aren’t millionaires. The top 5% of people know that making money is easy. Use leverage.

Do you think that Bill Gates, Warren Buffet, Steve Jobs, or Mark Zuckerberg do all the hard work for their companies? I would hope not.

If you want to be a millionaire, you need to start thinking like a millionaire.

This is what I mean.

The boss of a construction company makes millions of dollars every year, but he doesn’t do any of the hard work, he leverages his employees to do the heavy lifting.

You can make millions of dollars every year without buying lots of stocks and spending your hard earned money by applying leverage with trading options.

In fact, the hardest working people aren’t millionaires.

I am sure the guy who picks up my trash every week works a hell of a lot harder than me. Why isn’t he a millionaire?

How does this apply to you?

Your goal is to teach people. You need to keep it simple.

Not a lot of people want to spend 6 hours watching your videos everyday. You spend too much time trying to teach a skill they can learn from your instructional videos. Save your energy.

Your bread and butter is 50% profit winners, this can be seen repeatedly in every day trade you enter on your live stream.

You spend 5 minutes scanning the charts everyday, 5 minutes to enter a trade. That is great. Keep it simple. Scan 5 days a week, but only enter a trade 2 to 3 times a week.

The days you don’t see a good set up, just rest. Do something else and enjoy life. Keep it simple and easy.

5 minutes scanning x 5 days = 25 minutes. 5 minutes trading x 3 days = 15 minutes. Total time spent a week is 40 minutes.

I want you to pick 2 to 3 days a week, and make 3 day trades. Aim to hit those 50% trades.

If you land two 50% winners a week, you will double your money every week very easily.

However, if you do see a SOLID money pattern, take the swing. Use absolute precision.

This is productivity. More RESULTS with LESS TIME.

The reason you don’t have a lot of subscribers or viewers is because of two main reasons.

You aren’t keeping it simple enough. You aren’t making big results.

Let the money do the talking and I guarantee that people will pay more attention.

I am stopping you, because I believe you are ready for the next challenge.

You need to stop wasting your time. Take control of your confidence.

You don’t need to prove anything to anybody. What you need to do is focus on yourself.

If you want to help other people, the first thing you need to do is help yourself first.

Remember, in an airplane they always tell you to put on your oxygen mask first before assisting other people.

You have already mastered the art of trading, now you need to play for real.

This is your new assignment:

Options Trading – FU Money Rags to Riches Day 1

Start with $1,000 and commit to this weekly ritual until you hit $30,000. Then commit to this ritual daily. You will see results a lot faster, and many people will start paying attention.

I believe you can complete this challenge in under 2 months.

Also, there is one caveat to this challenge. You must be withdrawing money occasionally to pay your bills. You must also use your profits to upgrade your setup. Buy a better headset, a camera, and another computer monitor.

I want this side hustle to overcome your day job income.

Once you triple your day job income. This will become your new day job.

This is the challenge that is going to push you to become a millionaire.”

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: Day Trade, Education, Key to Success, Mentor, Millionaire Mindset Tagged With: Day Trade, Mentor, Millionaire, Mindset, Options, Success, Trade

The Ultimate Battle Tested Strategy to Win Against a Market Full of Uncertainty Made Simple and Easy

April 25, 2020 by OptionsAndTraders

Hey guys, today is April 25th, 2020!

I have been collecting data, and conducting my own market research on the stock market for the past 3 weeks.

There is a lot of uncertainty regarding the direction of the stock market, and that seems to be an obstacle for a lot of traders. I am going to present my ultimate battle tested strategy in this article.

This strategy is the absolute conclusion of my experience within the past 3 weeks. I have been testing these strategies with real money and paper trading. I have conducted about 100 trades in the past 3 weeks. As an experienced trader, I have absolute confidence that these conclusions will hold true, and I will continually test them in the weeks to come.

A Chinese general who helped conquer the Qing Dynasty said one thing that I will always keep in my mind,

” If your battle strategy has worked in the past and it is currently failing, it doesn’t mean that your battle strategy doesn’t work. It means that the timing and execution of your strategy needs a slight alteration”

Let’s dive in.

There are two things you want to view before beginning your trading day. I highly suggest that you view them prior to the opening bell. These two things are the VXX Barclays iPath of volatility, and the SPY SPDRs ETF S&P500. The tickers are simply VXX and SPY.

The VXX should start declining as the SPY is increasing. The opposite holds true if the SPY is decreasing.

Let’s take a look at these two charts:

Source: thinkorswim
Source: thinkorswim

Based on all the trading elements depicted in my videos, you can see that as one goes down, the other goes up. This holds true for all of the trading elements.

This is a very important concept to know like the back of your hand.

If you are trading a S&P 500 stock, for the most part, it should be following the trend of the SPY. If the SPY is going up, that ticker should be going up. Make sure that the VXX is going down.

If there is uncertainty in the market, you can easily identify this by seeing if the VXX is going up or down and the SPY is going sideways.

This is also true if the SPY is going up or down, and the VXX is going sideways.

By understanding the gravitational theory that I have presented in my previous articles, you can see that on Friday 4/24/20, the VXX yellow and purple lines have crossed through the gravitational pink line, and they are heading downwards. This is a heavy indication that the SPY will make a move upwards.

As you can see on the same date, the SPY has made a heavy bounce above the gravitational pink line. (This is the OPPOSITE reaction).

This concept is very important when deciding whether to buy options calls or puts on a stock.

How does this help you? It’s quite simple.

Buy calls when the SPY is going up and the VXX is going down. Buy puts when the SPY is going down and the VXX is going up.

I am going to identify some special case scenarios that you need to watch out for.

First, let me identify two types of days on the stock market.

Red days and Green days.

I use finviz to clearly see, within 1 second, what type of day it is.

Red means the overall market is crashing. Green means the overall market is going up.

Take a look at these two pictures:

Source: finviz RED DAY
Source: finviz GREEN DAY

These two pictures clearly identify how the day is going.

I am going to explain some simple psychology concepts based on the type of day the market is having.

First know this, the media is controlled by large banks and huge institutional funds. They are the “game master” they can pump any type of news into the world to force the market to go a specific way which will ALWAYS be in their favor for maximizing profit.

If you open finviz and you see a red day. The market is crashing, most likely due to bad news or some type of panic about the Coronavirus and economy.

Following bad news, this next scenario holds true about 90% of the time.

Day 1, the market crashes. Day 2, people who didn’t have their stop losses popped begin to panic as they see their portfolios lose money. These people “Guh” and begin selling, and this causes the domino effect to crash the economy out of fear.

By understanding the psychology of these traders, you can do 3 things.

  1. If you purchased a call that is going upwards against the market trend, take the day trade.
  2. Buy puts on day 1 of the crash, because day 2 will be another crash.
  3. Wait till day 2 and buy calls, because the market will recover as profits become maximized.

If you open finviz and you see a green day. The market is being pumped up, this is most likely due to the institutions picking up cheap stocks and drastically limiting the supply which increases the demand.

Following a green day, this next scenario holds true about 90% of the time.

Day 1, the market goes up. Day 2, people see that the market is going up and they begin to buy in. Day 3, the market goes up again as the domino effect occurs (Scenario A).

Day 3 also has another scenario (Scenario B). The market went up really fast after day 2, and people begin to lock in their profits and they start selling.

By understanding the psychology of these traders, you can do 3 things.

  1. Purchase a call on day 1 and swing trade it the next day.
  2. Purchase a call on day 2 and day trade it.
  3. Purchase a put at the end of day 2 or 3.

Make sure to always check the VXX and SPY with respect to each trading day, because that will give you an edge in knowing exactly if the green day is going to follow scenario A or B.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: $500 Challenge, COVID19, Day Trade, Education, Key to Success, Mentor, Millionaire Mindset, Mistakes, Trade Tagged With: Day Trade, Education, Mindset, Trades, Win

Why You Aren’t Successful, and How You Can Become a Millionaire by Learning From My 1 Simple Mistake!

April 16, 2020 by OptionsAndTraders

Ken here,

I want to talk to you guys about a big mistake I did with my small portfolio account on live stream. This will teach you guys a valuable lesson for trading and anything you are doing in life.

If you read the previous post, you saw that RCL stock was trading at about $36.28 when I purchased it with a $330 position which was more than half of my portfolio.

Take a look at the chart from the last post 4/15/20.

This is the chart for 4/16/20.

Source: thinkorswim

I purchased one $37 Call contract with the expiration date of 4/24/20 for about $330.

This stock is following my 5 elements of SUCCESS!

  1. Gravitational theory
  2. Trend Pattern Squeeze
  3. Support and Resistance
  4. RSI
  5. MACD

Look at that! Within a couple of hours from 11:00 AM on 4/15/20 to about 1:00 PM on 4/15/20, the stock popped up to $37.46.

I was absolutely right on the call! I was absolutely right on the money! So what is the problem?

I didn’t lock in the trade.

You can see what happened the very next day after not locking in the trade. The market crashed. This was unexpected, but lets face it . . . sometimes in life, SHIT HAPPENS. You have no control over what everybody else is doing. You only have control over yourself.

This wasn’t because I was being greedy and hoping for more money.

This was because I created a game winning strategy, a master plan, and I didn’t stick to the plan.

The stock price moved to the call price a lot sooner than I thought, and I decided not to lock in the position with a day trade. Rather than turning that $330 into $420 within 2 hours and profiting $90, I decided to do nothing. I took a $90 loss with my stop loss back up plan instead.

I stood like a damn deer in headlights. (Yes . . . I accidentally hit one)

This is something you cannot afford to do if you want to be successful.

It doesn’t matter what you are doing, playing a game, studying for a hard exam, trading options, trading stocks, or trying to lose weight. If you set a game winning strategy and you do not commit to your plan, you will fail.

You have to be diligent and learn to trust yourself, be confident, take less risks, and continue doing your master plan if you want to see results. This goes especially true for “CHEAT DAYS” if you are trying to lose weight.

The more you cheat, the more you restrict yourself from productivity.

Remember from the last article that the millionaire definition of productivity is more results with less time.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: $500 Challenge, Error, Mistakes, RCL, Trade Tagged With: Day Trade, Error, Mistakes, RCL, Trade

How do I Day Trade on the Stock Market and be Successful at it? An Easy Win! Conquer Your Fear!

April 9, 2020 by OptionsAndTraders

I made a day trade on 4/9/20.

Day trading is when you purchase and sell a stock or an option on the same day.

The ratio for this is simple. The total number of purchases is your governor limit. When the total number of sold purchases = total number of purchases, you have reached your governor limit which results in a day trade.

For example, if you purchase 5 shares of a stock and sell 5 shares of a stock in the same day, that is considered a day trade.

If you purchase 5 shares of the stock in the morning, sell 3 shares in the morning, and 2 shares in the afternoon, that is also a day trade.

What if you buy 5 shares and sell only 1 share?

That will still count as a day trade, even though you did not reach the limit of 5 shares, which means you can still sell the remaining 4 shares without going over the one day trade.

If you buy 5 shares, sell 5 shares, then buy 1 share, you would have done two day trades.

One day trade for the 5 purchased 5 sold, and one day trade for the 1 share.

The SEC has a law for pattern day trading which prohibits anyone with less than $25,000 in their account to commit more than 3 day trades in a given week, before being flagged as a pattern day trader.

The SEC day trading rules can be found here:

https://www.sec.gov/fast-answers/answerspatterndaytraderhtm.html

If you are flagged as a day trader, you must abide to this limit, and always maintain $25,000 in your account at the end of the day, or your day trading activity will be limited.

Therefore, if you are just starting out as a trader, be sure to stay under 3 day trades a week.

I typically teach swing trading, but sometimes I do make some day trades.

Take a look at the example of the trade I did today on DAL:

This was the alert on 4/8/20.

I used 5 elements to predict the next move in the market:

  1. Gravitational Theory
  2. Catalyst Theory
  3. Support and Resistance
  4. MACD
  5. RSI
Source: thinkorswim

At 8:20 AM CST on 4/9/20, I saw that the stock price popped, and I quickly drew the Fibonacci retracement line.

I saw that the stock was following a bull flag consolidation between $24.71 and $24.97.

I thought to myself, “If the stock price breaks through $24.97, it could send the price up to $25.50, so I alerted my students that the trade should be locked in at $25.50.”

If you would have taken the option call of 4/17 DAL $26 C at 8:40 AM for $150 a contract, you could have made a day trade in 30 minutes for $192 per contract. That is a nice +$42 win per option contract.

In other words, that is 1.28x or a 28% win in 30 minutes. That is definitely way more gains than you would make leaving your money in the bank for one year.

Think about it, you could have took $1000 and turned it into $1280 in 30 minutes!

Source: thinkorswim DAL stock price at $25.50

This is what the chart looked like as the day approached 10:00 AM CST. As you can see, timing is everything! If you were to exit the trade late, you would have loss money.

I hope this provides a valuable lesson for people wanting to learn some day trading techniques.

Stay tuned, learn more, ask questions. Become a 6 digit survivor. Check out the live stream.

Get Started Today

Join my robinhood team and get a free stock here

Learn about my Indicators here.

Become a member and learn!

Newsletter Signup

Disclaimer:

I want to point out, I am not a registered investment adviser or broker/dealer. I am a highly profitable options trader who has been successful time after time, and I have changed the lives of many people through the art of trading on the stock market.

– Ken

Filed Under: DAL, Day Trade, Trade Tagged With: DAL, Day Trade, Trades

  • « Go to Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3

Primary Sidebar

Footer

Mission

Our goal is to create a dense network of like minded investors who want to share ideas and learn together.

Content

Our team will teach you how to become an angel investor and a stock trader to help you achieve the success you truly deserve.

Philosophy

We help ordinary people build their wealth from the ground up, because everyone deserves to win.

Copyright © 2025 · Options and Traders Network