Day Trading

Five Reasons to Day-Trade Amid War and Catastrophes

Five reasons to day-trade amid war and catastrophes stand out as guideposts for investors seeking to profit quickly with limited risk.

The five reasons to day-trade amid war and calamities are worth weighing compared to long-term strategies that can include worry for weeks or months at a time. With day-trading, the desired profits can be achieved in just minutes or hours.

Day-trading can mitigate the effects of continuing crises such as wars, recessions or natural disasters. It also can remove the need to know each industry or company well enough to put one’s money at risk in relatively narrow ways.

Five Reasons to Day-Trade Amid War and Catastrophes: 1. DayTradeSPY Trading Room

Five reasons to day-trade with seasoned guides could sway those who are reluctant to try short-term trading when long-term investing seems to have been touted the most, said stock sherpa Hugh Grossman. Novice day-traders may want to consider the DayTradeSPY Trading Room that not only features the supervision of Grossman but his fellow seasoned trader Ahren Stephens.

Since the pair take different approaches to trading options, they can cross-verify whatever trend that one of them identifies.

“When our indicators unite, our trades ignite,” Grossman told me.

The verification of a trend is “paramount” to achieving a high degree trading success, Grossman said. When both he and Stephens concur on market direction and strength, the traders who follow their guidance generally enjoy successful execution, Grossman added.

Five Reasons to Day-Trade Amid War and Catastrophes: 2. Sidestepping Risks

“Our daily Trading Room is unique in a number of ways,” Grossman told me.

One way is that it helps sidestep market risks by initiating trades and leaving them within an hour or even quicker, Grossman told me.

Hugh Grossman leads DayTradeSpy’s Trading Room and Pick of the Day.

The Trading Room advisory service that Grossman founded has catapulted to a new level of expertise with the addition of Stephens, who brings his indicators like Fibonacci retracements and Andrews’ Pitchfork. By collaborating, they identify trades that have a high probability of success, Grossman continued.

Ahren Stephens co-heads of Pick of the Day and the Trading Room.

Combined, their joint analysis offers extra brainpower for their subscribers who want to tap the guidance they offer to the subscribers of their Trading Room advisory service, Grossman said.

“Our Trading Room is an event that traders look forward to, earn while you learn and absorb all you can from two outstanding mentors,” Grossman told me.

Trading Room Approach Offers a Proven Track Record

The DayTradeSpy Trading Room also features a 14-year track record of success, Grossman said.

“The DayTradeSPY Trading Room is the longest running trading room that we know of… now in its 14th year,” Grossman said. “We know what works and what doesn’t in both trading and training.”

The partners also spoke favorably about the interactive chat aspect to their Trading Room, allowing real-time feedback with their subscribers.

Five Reasons to Day-Trade Amid War and Catastrophes: 3. Avoid Market’s Unpredictability

“Frankly, I have no idea where the market will be years from now or even a week from now, Grossman told me this week. “There are so many dichotomies at play, it’s near impossible to predict anything anymore, if we ever truly could.”

For years, predictions have been plentiful about how a recession of unprecedented proportions is on the horizon, Grossman continued. Yet almost everyone seems to be working and making money, he added.

Another calamity widely talked about is the potential impact of global warming. Young activists such as Sweden’s’ Greta Thunberg and India’s Licypriya Kangujam have spoken publicly about the dangers of climate change and the need to take swift action to address it.

“All I hear about is global warming and how humankind will be driven into oblivion if we don’t all start driving electric cars,” Grossman said. “Yet, how many… recall talk about an ice age worry back in the 1970s?”

Right now, at least two major wars are being fought, immigration and drug problems are out of control and the world fears artificial intelligence will blow up the planet, yet the stock market continues to eke out new highs, Grossman said.

“For that reason, I cannot invest in a market fraught with anxiety and fear, having no rational reason for its exuberance,” Grossman continued.

Five reasons to Day-Trade Amid War and Catastrophes: 4. Short-term Focus

“I can handle very short-term engagement,” Grossman said. “Day trading SPY options gives me exactly that: in and out quickly after having made some money based on immediate market nuances, both financially and emotionally. Making a consistent income on the stock market is not that difficult, if you know how.”

Those who trade in small timeframes include people who day-trade. They can stay connected to the market on a minute-by-minute basis in advisory services that specialize in quick trading, said Stephens, a co-leader of the Trading Room. Every morning, 9:20 to 10:30 am ET, Stephens and Grossman host the Trading Room, a virtual meeting where training and trading converge in a live, real-time market environment.

“We need to think quickly, logically and without emotion in an effort to buy and sell quickly and to be on our toes at a moment’s notice,” Stephens said. “Because of this fast execution and response time, sometimes it is possible that our emotions get involved in our trading setups. For me, I would say that occasionally emotions can play a role in our trading decisions.

“When news items come out and trades are going in your favor, as well as when you have to wait out a news event that isn’t going in your favor, that is when you need to exercise either quick exits or long-term patience.”

Five Reasons to Day-Trade Amid War and Catastrophes: 5. Proven Indicators

The pair look at fundamentals to gauge the overall market sentiment. Then they back it up with an in-depth look at Fibonacci and Andrews Pitchfork indicators, among others.

In addition, Grossman told me he likes to use short term technical indicators such as exponential moving averages, support and resistance levels and chart patterns. With all the strategies, the final result usually is a successful trade, he added.

Five Reasons to Day-Trade Amid War and Catastrophes: Strategies Trump Emotion

“Sprinkle in some emotional control and like magic, we have a successful trade,” Grossman said. “Repeat this process day after day, and not only is it profitable, but a lot of fun as well.”

There is something very rewarding about beating the market at its own game, Grossman continued.

“And I hold no apologies for doing so, either,” Grossman said.

Five Reasons to Day-Trade Amid War and Catastrophes: Potential for Quick Profits

“Long-term investing may work for some but earning 5% annually on a certificate of deposit does not excite me,” Grossman said. “Nor can I afford to gamble on ever-changing technology stocks, meme stocks or anything affected by government policy. But pay me 5% a day on the money invested in SPY call options and I am happy.”

“The average person who comes to trading tends to think of trading in terms of normal rules of life,” Stephens said. “If you work harder at something, you tend to get rewarded with bonuses, with promotions, or with a greater sense of purpose and accomplishment. This is not true in trading.

“People who work harder in trading often get burned out, work longer hours, or make trading mistakes because they are chasing the one that got away,” Stephens said. “If you tend to think of trading in terms of a similarity to fishing, that would be a better mindset to have. Every day you come to the ocean: There are whales – the market makers, the sharks – institutional traders, and the swordfish, mackerel and salmon – the retail traders. This is the one place in the world where the longer you last, the higher in the food chain you can go. We as traders are also the fisherman.

Five Reasons to Day-Trade Amid War and Catastrophes: Limited Time Commitment

Why the entire world is not day-trading is a mystery, Grossman said. Participants in his Trading Room can accumulate small amounts of money every day, trading only options on one stock or fund for about an hour a day.

The amount earned depends on one’s investment, but many people start small, build their accounts and eventually reach “epic levels,” Grossman said.

Almost all the trades involve options of the SPDR S&P 500 ETF Trust (NYSE ARCA: SPY).

“Get immediate answers, relevant answers and answers you need to hear,” Grossman said.

Chart courtesy of www.stockcharts.com

Trading Room Alternatives

For those not ready to give the Trading Room a try, Grossman suggested they consider the DayTradeSPY Pick of the Day.

The Pick of the Day is “ideal” for traders who may not have the time to watch the market or stare at charts,” Grossman said. The Pick of the Day is sent to the inbox of each subscriber daily at about 9 am ET.

Subscribers are provided with an overview of the exact trades that Grossman and Stephens are looking at before each market opens.

Ultimate Trading Workshop Trains Participants to Profit

Grossman and Stephens also offer their Ultimate Training Workshop to help people day trade profitably. They created videos based on a live event held a few months ago, teaching everything they thought would help day traders.

“If you have never traded options before, this is what you need,” Grossman said. “Even if you are a seasoned trader, the nuances, tips, tricks and traps you will pick up from this series of 11 sessions, each roughly an hour and a half in length, will benefit you immensely.”

The two investment gurus share their “deep in the trenches” experience with concepts that cannot be found anywhere else, Grossman said. Key topics include setting up Schwab (formerly TD Ameritrade) Think or Swim charts to visualize patterns, identifying key indicators and strategies, “repairing trades,” money management and more, he added.

Stephens provides a deep-dive analysis that can answer many questions in the Q&A section of the Ultimate Training Workshop, Grossman said.

“It’s all there,” Grossman advised. “Of course, there may be other updated information only available through our trading room sessions, but the Ultimate Training Workshop will provide you the launch pad you need to get started day trading SPY options.”

The videos are available for at least six months and can be viewed as often as desired during that period, Grossman said.

“Fast forward, pause and rewind,” Grossman continued. “We recommend going through them at least once completely, even if you are an experienced trader. It’s the little subtleties that can make all the difference in your trading. Take advantage of 40+ combined years of Hugh and Ahren’s market participation… master the Ultimate Training Workshop.”

Geopolitical Risk Keeps Mounting

Russia suffered a murderous attack reportedly committed by ISIS-K that killed at least 140 people, including five children, and injured more than 100 others at a concert hall near Moscow on Friday, March 22. The assault by four gunmen, who also started a fire at the building, marked the latest major incident that shows mounting geopolitical risk in the world.

U.S. government officials warned Russia’s leaders that ISIS militants planned an attack in the days before the assailants stormed the Crocus City Hall near Moscow, but its President Vladimir Putin rebuffed the advice and called it “provocative.” The assault by the gunmen became the worst terrorist attack of Russia’s capital area in decades.

As far as Russia’s ongoing invasion of Ukraine, President Putin cautioned on March 18 that the NATO’s unwillingness to allow his efforts to proceed with his military plans could start World War III. He won re-election to a fifth six-year term just weeks after the mysterious death of political opponent Alexei Navalny, one of Putin’s most ardent critics in Russia. Navalny seemed fine to observers when he appeared in a courtroom the day before he died.

Navalny’s burial on Friday, March 1, drew thousands of mourners. With Navalny dead, Putin had no genuine opposition to his re-election to a new six-year term as Russia’s president during the country’s March 15-17 election.

Navalny’s family claims their loved one was fatally poisoned at the arctic prison with a nerve agent on Putin’s orders.

President Putin’s surprise attack of Ukraine with Russian forces more than two years ago has caused him to send continuing waves of soldiers into battle to gain land that is within the sovereign borders of its neighboring nation. The invasion shows no signs of waning, as Russia continues to fire missiles at civilian targets in Ukraine, with women, children and the elderly among those killed or severely injured.

UN Votes for Ceasefire in Gaza, Following Oct. 7 Mayhem

The United Nations Security Council voted on Monday, March 25, for a resolution demanding a cease-fire between Israel and Palestinian militant group Hamas, without requiring the release of an estimated 130 remaining hostages abducted on Oct. 7. The United States abstained from the vote, causing Israel to cancel a high-level delegation’s planned visit to Washington, D.C.

Middle East diplomacy efforts have not borne fruit as Israel seeks the return of hostages taken from their country by Hamas militants during a murderous raid on Oct. 7, as well as bring the perpetrators to justice. The Israel Defense Forces (IDF) entered neighboring Gaza, but the death toll there has been high, reaching more than 32,000 at press time, according to Hamas officials.

The war started on Oct. 7 when Hamas fighters invaded southern Israel in an unprecedented assault that reportedly killed 1,163. Other barbarous acts included rapes, torture and the abduction of at least 250 others.

A week-long truce in late November led to Hamas freeing more than 100 Israeli and foreign hostages in exchange for Israel releasing about 240 Palestinian prisoners. However, talks aimed at securing the release of additional hostages have not produced an agreement.

President Biden approved and initiated a humanitarian air drop and food distribution for beleaguered Palestinian civilians in Gaza. Roughly 130 hostages abducted on Oct. 7 by Hamas remain trapped in Gaza. But Israeli officials say about a quarter of them are dead.

Investors worried about geopolitical risk may want to consider day-trading to limit the potential impact of military conflicts by taking advantage of the quick nature of such trades.

Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street JournalInvestor’s Business DailyUSA Today, the Journal of Commerce, Seeking Alpha, Guru Focus and other publications and websites. Paul, who can be followed on Twitter @PaulDykewicz, is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Easter Season Sale! Paul is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. The uplifting book is great gift and is endorsed by Joe Montana, Joe Theismann, Ara Parseghian, “Rocket” Ismail, Reggie Brooks, Dick Vitale and many othersCall 202-677-4457 for reduced pricing on multiple-book purchases.

Paul Dykewicz

Paul Dykewicz is the editor of StockInvestor.com and the editorial director of Eagle Financial Publications in Washington, D.C. He writes and edits for the website, as well as edits investment newsletters, time-sensitive trading alerts and other reports published by Eagle. He also is an accomplished, award-winning journalist who has written for Dow Jones, USA Today and other publications, as well as served as business editor of a daily newspaper in Baltimore. In addition, Paul is the author of the inspirational book, "Holy Smokes! Golden Guidance from Notre Dame's Championship Chaplain." He received his MBA in finance from Johns Hopkins University, where he was a two-time president of the school's Finance Club. In addition, Paul has a bachelor's degree from the University of Michigan and a master's degree in journalism from Michigan State University. Outside of work, Paul volunteers with a faith-based organization to assist the poor in Southeast Washington, D.C., to learn personal finance skills to lift themselves out of debt.

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