Deep Dive Steps to a One Symbol Retirement Plan

The following is the simplest stratedgy that I know works for any retail investor to get from start to Accredited Investor status.

Happy Sunday stock market operators,

I want to start out with pointing to my frustation with my lack of time to write this newsletter. I am only human, but I have so many topics that I want to deep dive into for you investors to benefit from.

Only once a week really limits me and so it would be a big help if you take the time to let me know what you want to know.

Just click here and fill out this one question form to let me know what stock market topic is keeping you from getting to your financial goals. 

If you can take 5 minutes and do this for me I can promise everyone who I see fill this out will be rewarded.

Now let’s talk about how you can shut out most of the financial BS out there and make all the money you could ever spend by using the $SPX index.

What is an Index and how do I use it to my advantage

The SPY, $SPX, $SP500 are all basically the same thing.

The $SP500 is the indice that moves the $SPX and the SPY is a cheaper way to trade the $SPX while getting similar movement and returns.

I trade the SPY all the time because the $SPX moves more but it my cost $16 a share to enter a trade vs the SPY costing $2 or $4 a share.

So no matter what amount of money you are beginning with I have just removed that excuse.

Darn, I guess you now understand how I feel about excuses. That maybe why I am successful (hint hint).

Granted my daugther hates that I do not except her excuses and says I am to serious, so believe you me I get back as much as I give.

Anyway back to teaching…

So the SPY moves with the SP500 which means they move alot!

Typically the SPY moves a soild 1-3 times a month on the Daily chart which is what I suggest you use to start trading.

Eventually when you get good at this you will see 20 or more trades per month using smaller chart time frames.

If you do not believe me just pull up a Daily chart with candlesticks and type in the symbol for SPY. You can use webull charts if you have none.

You will see that the candles move in a general smoothness up and down 1-3 times per month.

1) The Plan to Profit from the SPY

Open a brokerage account, use webull if you do not have a preference.

• Get approved to trade options both calls and puts

• Move $3,000 into trading account and start with that amount or less but no more ( and no I don’t care how much money you have to start, the more you start with above the $3k the more you are going to lose learning)

• start trading using the Daily, 3D, and Weekly chart combos to trade SPY

• buy only Out of the Money options for trading calls up and puts down

• I am funding an account as I write this to start the process with you and over the next 12 months I will show you my trades using this newsletter.

2) Creating an income stream with the SPY

To start you are only going to do 1 real money trade per month for 12 months so 12 trades and the money will compound slowly.

Every trade that is profitable will result in 2/3 profit staying in the account and 1/3 of the profit being pulled out to pay your capital gains tax at the years end.

Since you are buying and selling options you can make money in both directions which allows for you to profit year around from the SPY.

After year 1 you can add a 2nd real money trade if you want and then after year 3 a 3rd real money trade.

But all the while from day one you will be doing what I call practice trades constantly and I do mean all the time at first.

Using the Daily chart as entry you can practice anything that looks like a good entry to you.

What makes a quality entry?

You should be able to see the Daily coming off a high/low or strong support/ resistance point.

Indicators such as the SRSI, MACD, and Directional Movement should be low on the scale or still have room to move in the direction of your trade.

I use only those indicators and I have them on every chart D, 3d, Weekly

The 3d is similar setup to the Daily

The Weekly is more of a trend chart. The Weekly becomes the chart you trade with, trading with the direction of Weekly. You look for the Weekly to be starting a new move in your direction or coming off a point of resistance/support with a candle reversal pattern setting up.

These are the only reversal patterns I focus on.

The image above I have had below my trading computer for years now.

Doing this correctly is more about your results in growing into a hunter in the market and less about your monetary returns.

The real way to be successful here is find the setup on the charts that best fits you and the way you trade.

Then once you have found that setup only trade that setup and nothing else until you can profit from that setup 70% of the time.

I do not care if you use my method or not. The getting rich factor starts when you develop the eye to see your setup.

Once you see your setup you enter the call or put buying one strike price out of the money and buy one month of time.

If you trading in September you would buy October calls for example that expire on the 3rd Friday of October.

3) Focused Effort Compounds Results

I like this because it is simple, you only have to keep track of the SP500 and trade the movement of the SPY nothing else.

You go out and buy a journal and start writing down how the SP500 moves daily with the objective of learning what makes it move over time.

Everyday at 4pm ( or after the market close sometime)

You write in your journal and look over the SPY charts for a possible trade.

If you see a trade setup then you enter the next day during the first 30-45 minutes of the market opening.

Then you are done.

You check the trade at each candle close, which on the Daily chart is the close of the market at 4pm every day.

Your target per trade is 20% gains.

FYI I have never just hit 20%.

The index moves so fast that I regulary hit 50% or 100% gains.

If you grow your account at the 20% mark and you eventually get to where you are trading 6 figures then you income from these trades is serious money.

I just closed a trade a month ago that was 250%

Now imagine if you had $100,000 in that trade? What kind of return is that?

Yes, $250,000 profit and that is one trade.

I can eventually show you places where 600% happens 3-4 times a year and I know people who taught me to do this stratedgy that trade the $SPX at those times a year with $2,000,000 in the trade.

I know you are doing the calculations on your phone and saying “NO WAY”

That would be $12,000,000 profit from one trade. That is life changing money and you and I can have that freedom in our lives.

You see how big this can get if you just get started and work at it with your focus on the longterm.

6) Creating an Income for Life

Building up a trading account where you can buy SPY stock instead of just trading options. You can buy the SPY in October/November of every year and hold it until Late January selling the shares.

While you own the shares you sell covered calls to earn income from those shares. You can sell calls 1 time or mulitple times in that 2 - 3 month period.

Once you sell the shares and close the full trade you have made money 2-3 times in one move.

Let us say you earned 50% on your money in the time period. When you start tallking about doing that longer trade with $100,000 of principle.

That means your return for that trade is $50k.

You can do trades like this with the SPY 4 times a year usually which means you have regular income being created from your brokerage account that will constantly grow because the next time you trade you have more principle then you did the previous trade.

Remember the 1/3,2/3 break down of profits.

You can literally change your finances with one index in the stock market. This is of the 4 Indexes trade!

Imagine all this growth times 4….

On to the markets which are still ready to decline more; once this period of profit taking ends.

This week is mid-September and the $SP500 is up against strong resistance points.

The Monthly is forming reversal signals and the previous month closed with a hanging man candle. The Weekly TBB is flattening candles on previous high 21ma still rising with indicators declining. The 3d standing still with BBs that could expand and indicators that could turn down.

Daily says that the up is coming to a close but the down is not going to happen right away.

My shortlist this week:

• SPY for a put

• GS 2nd daily put

• NOW _put

• QQQ

• NVDA

• CMI

• BLK

• DIA

I want to personallly welcome everyone that is new since last week’s edition.

Welcome to the Investor Family!

The goal here is for to get the edge to earn consistent, larger returns, than most professionals on Wall Street.

Your Friend in Success,

Robert M Morris

*Please note this is not financial advice as I am not a financial advisor and honestly not sure I want to be. Give this information to your own financial advisor before acting on it in your own voliation.