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Typical Day Using Momentum Options Trading System 6/24

Jun 24, 2021

In this example of what a trading day using Momentum Options Trading System looks like, you will see: 

  • How to identify high probability setups
  • How to let our scanners do the work and let the best trades come to you.
  • How to determine, entries, targets, and stop-loss (Manage Your Trades) 

Our Bullish Tickers are always monitoring our watchlist to let us know when studies/indicators across the timeframes are lining up for price to give signals and run to targets. Today, SPY, IWM, DDD and RIOT showed up on that list. 

With these tickers popping on our scan we definitely wanted to pay attention!

As you can see on the chart below, our market internals (left side) was also showing us Buyers to Sellers were outpacing sellers by more than 3:1 on the different indices.

So when TrendMomentum (bottom) had all timeframes showing green/bright green indicating a strong trend we knew we definitely wanted to be getting in...

Our members were able to gradually lock in some good profits on this trade as IWM ran to multiple targets before closing the day at the highs. 

Despite being on the scan, DDD didn't signal today and remained rangebound all day. On to the next setup... 

As you can see here, RIOT only hit the first target before becoming choppy to the upside all afternoon, getting stuck in that area before closing near the highs.

SPY was choppy today but not every stock is a big winner and that's ok. Trading isn't about being right all the time but being able to lock in gains and keep your losers small. 

Momentum Options Trading System allows you to get access to a full series of tools that will help you navigate the market and identify profitable opportunities like these every single day! 

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