Three Dumb Reasons Keeping You From Generating Daily Income

How much money would it take to quit your job?

Or guarantee the retirement you’ve always wanted?

People always assume there is a specific number they need to hit in order to achieve their “dreams.”

But let us offer a different solution.

What if, instead of trying to pull together a specific number, you build an income stream instead?

That makes a lot more sense, since most of us plan our budgets month to month, not over the next 30 years.

While that sounds great, most of you probably don’t think that’s possible for someone like you.

We aim to change your mind.

Hugh Grossman wins an astounding 96% of his trades in just minutes a day.

In fact, of his 17 Picks of the Day in October, all were winners except one.

Now, you might assume that something like this is only possible after years of experience.

Yet, his subscribers range from folks with decades of experience to those who are still trying to figure out how to buy their first stock.

And every one of them is working their way towards generating a daily income.

Hugh said he understands why people are hesitant to move beyond the buy-and-hold world.

However, he said you should never let these three reasons stop you.

#1: I Don’t Have the Time

Time is our most valuable commodity. It’s the very reason why compound interest works at all.

Few, if any, of you reading this are full-time traders, investors or in a position to follow the financial markets full-time.

While that might seem like an obstacle to generating a daily income, it doesn’t have to be.

Sure, you can spend hours, days or even weeks researching a stock to invest in for a 20% return over the next year.

Traders like Hugh aim for 5% per day. And one trade per day is all you need.

Now, you’re probably thinking, trading like that means spending hours in front of the computer.

That’s hardly the truth.

You probably already knew this, but most trading volume occurs at the beginning and end of the day.

In between are mainly computer algorithms fighting amongst themselves.

That’s how folks like Hugh can pop in and out of the market in just minutes. They aren’t focused on trying to trade the entire day, just the best parts.

Even if your schedule is packed, trading doesn’t require abandoning your current commitments.

Think of it like exercise. You don’t need hours at the gym — a focused 30-minute workout can be just as effective.

Similarly, with a well-defined trading strategy like Hugh’s, a small time investment can yield significant results.

#2: I’m Not Comfortable With the Risk

People equate trading with risk, and not in a good way.

We’ve all heard the horror stories of someone who blew up a $50,000 account in a matter of months by trying to trade meme stocks.

Here’s a fun fact you may not know. Most successful traders failed several times before they got it right.

That’s not to say it’s fun or necessary. But you shouldn’t feel bad either.

Hugh trades the S&P 500 Exchange-Traded Fund, the SPY, using options.

And if he just let them fly without the appropriate risk parameters, he would quickly find himself in the trading grave as easily as every other person.

But he doesn’t.

First and foremost, Hugh manages his risk. He meticulously plans his entry, profit target and stop before every trade.

Plus, by using options correctly, he limits his maximum loss should a black swan swoop in while still participating in the upside.

Risk is inherent in trading, but it’s not an uncontrollable monster.

Think of risk management as the seatbelt to your trading vehicle — it doesn’t prevent accidents, but it does protect you when they happen.

#3: I Don’t Know How

When people say they don’t know how to trade, what they really mean is they don’t know how to trade the market consistently and profitably.

There’s a statistic floating around that says 90% of day traders fail in the first year.

It’s true. But not the entire story.

90% of traders fail because they take a scattershot approach to trading.

They try everything and master nothing, never learning what success even looks like.

Hugh points to this as precisely the reason he only trades the SPY.

He doesn’t try to make money on everything.

By becoming an expert on just one part of the market, he can generate a daily income with incredible consistency.

Where Do I Start?

Small and simple.

Everyone thinks they either need to go big or go home.

Nothing could be further from the truth.

The best traders we know started with small accounts and learned the ropes a few dollars at a time.

Hugh’s 5% profit target on a trade might not seem like much.

But with his Pick of the Day and 95% win rate, it doesn’t take long for even small wins to start to add up.

And for those looking to grow that income stream, simply set a portion aside and let it grow. Once you’ve reached certain milestone — say, double your original account value — then you can increase the size of your trades.

It’s not about what you do but HOW you do it — the process and the patience.

Don’t let common pitfalls like the three we discussed keep you from a daily income.

See how with just one trade, Hugh Grossman’s Pick of the Day can change everything.

Click here to learn more.