Grow A Small Account Trading $SPY $QQQ || Supply & Demand
ฝัง
- เผยแพร่เมื่อ 27 มิ.ย. 2024
- 1.📸 Follow me on instagram: / investitrade
2.📚 Course and Mentorship: www.investitrade.net/course
3.🖥Visit my website: www.investitrade.net/
In this video we also talk about the POWER of trading the S&P 500 and NASDAQ 100 using supply & demand price imbalances.
CASH account trading options (Avoid $25k PDT rule)
Futures account have no PDT rule (/ES /NQ /MES /MNQ)
Focus on one market or a select few stocks.
PRICE and VOLUME are the ONLY indicators you need.
**I recommend trading SPY and QQQ and MASTERING them.
Highly liquid, they are the market itself, works very well with supply & demand imbalances.
Trading is the most SCALEABLE business. 1 contract, 10 contracts, 100 contracts.
Stop trying to hit homeruns! Consistent base hits add up.
Detach from the $$$ and focus on the process!
Hope you all enjoy ! :)
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Option Trading, Real Estate, Robinhood, TD Ameritrade, ThinkorSwim, Crypto & bitcoin, Entrepreneurship, Forex, or fun daily vlogs. Please let me know.
Keywords: thinkorswim, options, options trading, td amertitrade, trading, carmine rosato, stock trading, options, supply and demand, live trading, trade recap, small account challenge, how to grow a small account, trading profits, how to make money trading, small account challenge, small account options trading
#smallaccount #livetrading #supplyanddemand
Discord member: " Helped change all my bad habits" in 4 days of being in discord lol.
How do I join discord?
^
The discord is only available and included free for investitrade course members on investitrade.net
The discord is only available and included free for investitrade course members on investitrade.net
@@carmine_rosato thanks for the quick response 👍
This is a great gameplan. I've been trading only SPY for the last month and I've been able to 5x my small account. I got tired of chasing TSLA, gappers, etc. Now I just chart the SPY, ES, and NQ, and trade the SPY. Play the ORB, the test of the overnight/previous day high/low, and sometimes the close (if there is a strong move in one direction). Maybe 5 trades a day, and I start scaling out at 10-20% profit. You can trade a lot less and get better quality by just focusing on strong moves in the SPY.
What time frame do you like for the ORB?
@@BattlestarGenesis I find that I get shaken out with the 1 and the 3-minute. The 5-minute is probably what I do most, but even the 15 is more reliable if you have patience.
@@JohnVC great thanks for the reply
Hey another question, since I'm trying to get better at doing ORB so I'm trying to learn from people. Do you let the Opening range form after a certain time after market open? Or pre determined levels?
@@BattlestarGenesis I think Carmine has videos on how to play the ORB. Basically you wait for the first candle to form after the open, then when the second candle breaks above or below that's the direction you play. So on a one minute chart it would be super choppy, but on a 15-minute chart once the first 15 minute candle breaks in one direction it's a better indicator of perhaps the next hour. This all varies of course. You can also back test this by looking back over previous days and seeing what would have happened if you had taken the second candle in the direction of the break. You'll probably see that the longer time frames are more reliable.
1. Defense
2. Consistency
3. Focus on making good trades, not money, it’s about the process.
that is my exact mindset when gambling XD
@@hydrocemia2690 quit cappin
So useful to this beginner. No home runs was a great take away for me! And sticking to a few stocks makes so much sense! Thanks for sharing!
Recently, I got into the TH-cam financial niche, and I’ve taken a deep dive into trading. Particularly, options as it interests me. I have tried multiple methods to build my portfolio in the past. So far I’m making progress the help of a trade manager. Back to the video, wonderful job there. I always look forward to more of your content.
How did you do it? I’ve tried to put some money in to see if I can earn but I always hit a dead end.
Trading without sufficient knowledge deems your chances of being profitable at an inherently high rate because it is risky and requires considerable skill as individuals who attempt to trade themselves end up losing money. Profiting from the trading is possible, personally, I don't underestimate the role that professional guidance plays as Herman W Jonas, an astute trade manager has given me an edge over the rest of the market which has propelled me to make more profit. Here,
Quite true. From my experience, it’s about understanding the market and volatility, but that’s difficult to do without help and guidance. Going in blindly is like betting a pony against a horse in a race.
@@Lfgyf Oh thanks for pointing out this specially as I usually skip past these because they usually sound generic. Is there a means I can reach him through? I’m going ahead to start my investing process with him.
Hermanw jonas (a
Appreciate you and Dylan always. Thanks for always adding value to our group and community Carmine 🙏🏼❤️
To all the people in the comments, his course is %1000000 worth it
🙏🏽🙏🏽
Ima buy!
I agree 100%
I'm getting Carmine's Course now!!
I second this 👌
Good stuff man! I’m starting to string some base hit weeks together!
Days till expiration has been a major conflict/hurdle for me.
what broker do you use in trading man ?
The best trading education and real ppl! Carm is the real as he can get! Thank you for all of what you do to help me every day!
Not sure of you talk about this, but I have a lot of years trading spy option contracts. Best strategy is to buy an at the money spy contracts and do a credit spread on the spx option contract. You can get an average of 2.50 to 3 dollars credit for the spx contract, which will off set any potential loss on your spy contract if it goes against you. The purpose of spy contracts are for large moves to go in your direction, but most of the time you should be able to make most of your profit from selling at the money spx credit spreads due to theta decay. Hope this helps anyone looking to trade spy contracts. You can also do this with es future contracts as well.
I mostly trade QQQ options and sometimes SPY. Sometimes on Fridays I’ll trade Tesla options because they are too expensive the rest of the week. I’m already profitable and just started just under a year ago. I’m sticking to a plan and making a niche.
on what broker do you trade ?
what broker?
@@simpp8 I can introduce you to a broker which I and my team has traded on for years and have come up with a strategy that works for daily profit . profit is guaranteed daily does not matter the situation of the market as long as you follow our trading signals on the group . interested hit me up
what's your plan?
Do you scalp the Tesla stocks using a one minute timeframe?
Carmine Always Giving That Professional Trader Knowledge!! Salute Bro!!
Great video. Do you have a video of actual option executions? From the button click of buying a call” , thoughts on why u picked a certain strike price, then button click of selling and getting out. Would love to see execution examples!
Volume and price action! Yessir! Volume spread analysis is the only thing I use for trading too. I mean, I have VWAP, 9/21EMA but volume and price, like you said, is ALL YOU NEED!
exactly !!
what broker do you trade on
Love your videos. Been watching various trading videos over the years and I've found yours the very best..no bs and just straight talking knowledge
on what broker do you trade ?
Best trading advice on TH-cam!
Honestly I was going to skip your video... But you popped up while I was doing my face wash routine, so no dirty hands. I was listening to another trader's lesson but I am definitely glad I didn't skip. Now considering your courses instead. Thank you for the huge insight. You simplified everything so damn well.
Thank you so much. I'm trying to learn this stuff and you have so much wisdom for a young person. I'm getting ready to retire next year, and I really don't want to limit my spending, not that I don't watch my spending, but my pension won't fetch me what I'm use to earning. I really don't want to go get a part time job, but I don't want to just sit and do nothing either.
Well there are several ways you can keep spending the way you unlimitedly, With the right strategies.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks gold, silver and digital currencies
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading
May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well
who would you recommend?
@@danielsmith7484 DOROTHY DONNA TAGLIENTE, That's whom i work with
@@danielsmith7484 You can just put her name on google and you will be directed to her website and drop her your message.
All very good points. I wish i heard this advice 2 years ago when i was really new to trading. Thank you
Love this video. By trial and lots of error, I have come to the same conclusions as you. Love your stuff. You just gained a subscriber.
Yep, that is all I started using about 2-months ago and had a perfect daily record for QQQ and SQQQ until last week.
What broker do you trade on ?
This is probably the most important video I needed to watch. Thanks for these valuable insights!!
Best video I’ve seen. Kept it real & showed how to truly be successful in it. Thanks man!
Dude this what I got after few days trading on my own... You're totally correct
I always get pumped when I see a new video uploaded, like first then watch👍🏼
This is my 2nd video I've watch from your channel and I'm loving the honesty and transparency. New subscriber 💯
Carmine thank you so much! You are a God Send!!!! I am 66 yrs old and have been trading options on and off for 10 years and always did it "old school" !!! I did not know about the vwap or SPY. You really taught me a lot!! Thanks again!
What strategies are these folks using?
One of the best trading videos i’ve ever watched. Thanks man
FANTASTIC Message!! Thanx C.
Glad it helped! Thanks Steven 💪🏽
Thank Carmine this video was right on time!! I told myself that instead of chasing $TSLA I'm going to focus more on intraday trading the SPY. This will be so much easier on me than trying to day trading $TSLA everyday 🤦🏾♂️🤦🏾♂️
on what broker do you trade
@@digitalgenuis7732 TOS
@@terrywilliams2349 good . I can introduce you to a broker where you can make profits daily with our trading signals if you are looking to make profits daily . super easy . all you need to do is be online to copy signals and sometimes we engage in pumps for more profits .
I think the SPY is difficult to trade while the market is volatile. I think it's a good learning experience to prep you for massive profits once things go back to normal.
Best trading TH-cam I don’t care what anyone says
Excellent video!
Wow!! I appreciate this video, great advice and views on focusinfg on SPY and trading consistent process. Thankyou
I really appreciate your videos! I really do get a lot from them🔥🔥🔥
Awesome
Video!
Thanks
For
Sharing!
Thank you for this great video!
Thanks for this. Need to add order flow to my strategy.
Great video! I trade scalp SPX options based on SQQQ and QQQ reversals from areas of support and resistance on the 15min chart, It’s pretty damn consistent
Sir, you are right on the spot. I appreciate your videos.
Carmine, Thank you so much, you have changed my life.
Great job thank you
Realistically if you're trading more than 1-3 trades a day you're doing too much. Aim for a Risk Reward 1 to 2 minimum and think in terms of probabilities. You give up reward, for a higher probability of making money (later entries) or more reward, less risk, lower probability (earlier entries). Also Stick to 1 stock or ETF, that's all it takes. Work on being consistent and you will be profitable, start with an 'I don't care size' and work up as you get comfortable. Lately drop the indicators and learn price action.
great video and explanation!
This really makes sense dude thanks
You’re correct about new traders learning to trade SPY and QQQ! Also new traders can check out XLF and bank stocks that have cheap options chains!
Great video. Great advice. Thanks
Amazing video as always bro 💯 let’s make this money
Very informative. Thanks, Carmine!
Very nice presentation. Great video. Simply love it.
I trade emini options myself, only draw back is they don't offer stop loss so you have to be on your game and have disapline. I trade price action with the use of patterns and trends. Imo, the best way to trade no matter your trading vehicle
Nice! Thank you
great video!
trying to save enough money to get in your class. I appreciate all you’ve done for the little guys get up there.
Excellent
Great video! Thank you
Thank you !
You are the man!
THANK YOU CARMINE!
Thanks !
Thank you for this Brother. Game changer.
Great game my man! Thank you, stay blessed!
Thankyou📈
Thanks for all the gems 💎 you just drop!
your video are really helpful. Thank you
Thank you.
Quality content 👌👏🏾
Good video!
GREAT ADVICE !!!
thank you
some real game here. Great video
I’ll add this one thing 📈 price isn’t the only thing that has supply and demand options contracts as well share supply and demand therefore they have levels that need to be met for opportunity
Great video carmine nice work bro 👏 👍 👌 💪
Been watching you for 2 years now and your videos prove to me that your trading strategy works
lets go boiiiiii your rants always get me hyped up.... good luck to everybody this week 🔥🔥🔥🔥🔥🔥🔥🔥
You too boss
Haha appreciate you! Good luck
Rants? 😂 frfr my boi legit
Thank you buddy 🎉that help me out a lot
Brilliant
Moneyball! Doesn't matter if they can field. It doesn't matter if they can hit a home run. It only matters if they can get on base.
Thanks
Very nice Carmine
thank you, received
good stuff bro. SO for the deman zones how far to you go back for zones on the chart 5 days, 3days,10 days, how far?
I’m a father of 4, soon 5 and I started trading like a few months ago. When I started, I was option trading with small stocks n I was doing good till I started doing bigger stocks like Tsla. I been loosing a lot of money every day. I want to stop but at the same time I don’t. I love option trading for some reason but I’m doing it well I’m working too. That’s my biggest mistake but that’s the only time I can do it. I have a bulge back and the pain just getting worst so im trying to rly learn from my mistakes and get better at it cause I don’t know how much longer I can work so that’s one of the reason Why im doing it but I like your Video and what you said.
If you don’t have time to trade I recommend zooming out and buying options more days out or be picky. Yes it will cost more for farther out but it will play to your style and not make you want to check charts every five minutes to maximize gains. Stay away from 1,5, maybe 15min charts. And wait till open bell is OVER.
Cause it’s called gambling
Price and Volume. Agree.
But if I good pick only one extra indicator it would be VWAP.
Define the process in detail.
The goat
💪🏽
I loved the baseball example makes sense. Dont look at the money just build capital
Absolutely Great video, being I've taken so many loses prior it's hard right now to detach myself from the money as I fear losing anymore but I'm working on becoming consistent so small consistent wins then scale up!
on what broker do you trade ?
Great video I would love to be part of your community man.
Your advice on this video is SPOT ON! My problem is watching to many tickers. You convince me to just trade spy and qqq and try that for a while. I'm much better at short trades. Every time I hold for the big one. I lose it all.
beast!!!!
You're A Genius.
Pure 🔥🔥🔥💪🏽💯
Ok I’m using Webull, I come across this video a few days ago and watched, so I thought about it, Webull has a paper trading section for practice, and that what I’ve been doing, practicing before I jump into anything, I want to be confident when I actually start trading.
So I set my paper reader up with $1000 and pulled up QQQ today watching it closely for a few minutes, it was on the down slop, so I watched the candle sticks, I could tell it was about to start going up, as soon as it did, I purchased 1 option, and let it run for 25 minutes, then sold, and made $700,
$700 in paper trader, listening to what you said, I’m going to run this 6 more times practicing, then I will start this for real, but I have to give you props, it worked the 1st time I did what you said!
This is an absolute gold mine. I’m grateful for these lessons you sharing
If you would love to join the family where we share daily trading signals for profits . I would be glad to add you on the group . Indicate if you will be interested
You are among the best I've found on youtube. When I get some money together I'll be joining your premium. Hopefully these free vids can get me there
is a standard margin or cash account all you need to conduct these trades? Or do they only allow for covered plays?
Needed these words going into this week! LET’S GOOO 🔥💯
Been trading for 4 years and still struggle with keeping profits because I keep looking for home runs, eventually I would get clipped out and frustrated - great content looking to do better
on what broker do you trade
Prop firm MFF 1-100 leverage, 1.00 = 0.01 on a KOT4
I could introduce you to a broker where you could make daily profits using my trading signals . I and my team have come up with a strategy that works perfectly on this broker and profits is guaranteed daily no matter the situation of the markets . If you are interested I can add you to the group .
SPY and QQQ kind of choppy because they factor in multiple companies with a weighted factor, but I believe they can be mastered. Personally my two favorites are AMD and BA. Usually good ranges for bulls and bears, price action follows through majority of the time on wicks off supports and resistances. Less traps in these names. I get trapped sometimes in SPY & QQQ but I'm sure there are others who can spot it better than I can
Boeing ?
@@vision1707 Lol some days, Boeing has been getting on my nerve lately with the consolidation while trying to scalp. AMD for 15 min timeframe but on a 2 min timeframe NVDA & SQ make solid moves. Big candle moves in 4-10 minutes on average
To me, NVDA has been trading a certain range and I noticed that it usually follows the SPY. Question, does AMD and Boeing move slowly by the weeks in between ranges so you can take profits weekly or do you have to wait a few weeks before taking big profits. I don't want to trade a stock that only pay a few hundred dollars a week and I'm leveraging a big part of account. Thanks!
@@gregorymalone1073 Whoa there Mr. Malone, I'm a Day Trader, specifically a scalper. I never look at a weekly chart. Hardly even a daily. I've made money so fast in 1-5 minutes going one direction, literally, the rest of the day could be completely opposite direction and I've still profited and been done for the day. but if I had to give my opinion the swings have been so wild in this market, I don't know how you could swing trade or even say anything moves slowly. We are in 2 completely different universes lol
I love your videos, Can we get a full video only explaining how to find supply and demand zone I saw one of your videos had only the last few minutes explaining how to draw and find them, I was able to learn from that but in this market it seems like it not 100% accurate as supply and demand is not holding
In the course
what broker do you trade on ?
@@digitalgenuis7732 i cant thank you enough for guiding me on my trading journey . i cant imagine where i am now without you.
Great information and insight. Much thanks.
By the way, how did you get each of the volume histogram stick to show sell and buy volumes? Thanks.
what broker do you trade on