No one knows whether the market is consolidating or setting up for the next big decline.
And it’s got folks worried.
Even Tom Lee, the guy CNBC brings on to calm viewers, doesn’t know what to do.
Not a single analyst on TV has devised a strategy that helps retail investors protect themselves from a crash without giving up their gains.
However, Hugh Grossman hasn’t missed a beat.
You see, he’s not trying to guess where the market will be a few days, weeks or months from now.
His focus is on taking advantage of day-trading opportunities.
And he’s pretty darn good at it.
Folks can’t believe Hugh wins 95% of his trades.
But the fact that he calls out his trades BEFORE the market opens leaves them flabbergasted.
Yet, it’s not some mystical secret.
It’s science.
And here’s how it works.
Target Locked
One of the biggest mistakes traders and investors alike make is never becoming great in one area of the market…
… which is baffling.
Think of how many firms there are that specialize in just grocery store stocks or gold miners.
Yet, most of us bounce from ticker to ticker, testing one idea after another, hoping to find the “one” that will make us a fortune.
Ironically, you’ll have more success trying that process in reverse.
That’s precisely how Hugh got so good at his Pick of the Day.
Early on, he decided he wanted a way to generate daily income without all the risks of holding stocks overnight.
Immediately, this focused him on day trading and options.
From there, he looked at where he could find a trade every day. That narrowed him to a handful of highly liquid stocks like Apple and Amazon.
So, why did he decide on the SPY?
Trading company stocks like Tesla or Google means you need to know that company inside and out. And even then, there are still company-specific events that are out of your control.
Just look at the plunge Apple’s stock took the other week when news hit that the Justice Department sued the company.
With an index exchange-traded fund (ETF) like the SPY, Hugh doesn’t have to worry about news or earnings that could move the stock.
Plus, the SPY has options that expire every day of the week. They also have deep liquidity, which adds enormous flexibility and allows Hugh to make his trades even tighter.
This effectively removes all the other distractions so Hugh can focus on just a few key items.
And the market’s direction isn’t one of them.
Options Advantage
Back-and-forth markets can be devastating for traders and investors alike.
2022 is a perfect example where everyone got chopped up…
…everyone except Hugh.
Regardless of whether markets move up, down or sideways, Hugh’s Pick of the Day strategy works for one simple reason.
When Hugh designed this daily paycheck system, he wanted something with a high win rate and consistent returns.
That’s why he aims for a 5% gain on his option trades.
That might not seem like much. But with a 95%-win rate, it adds up over time.
However, the key is incorporating options into his strategy.
Options use leverage to juice returns. So, Hugh only needs a small movement in the SPY to turn a profit.
But what makes options even better is that options have a fixed cost known as a premium.
So, no matter how much the underlying stock moves, you know exactly the maximum amount you could lose BEFORE taking the trade.
With buying and shorting stocks, that’s not always the case.
And that’s the brilliance of the strategy.
By distilling it into simple numbers and variables, Hugh only needs to optimize a few things to make money.
Why You Should Start
Most traders and investors never craft strategies like Pick of the Day because it takes a lot of leg work.
As a former auditor, Hugh knows how to design a process that was as close to flawless as humanly possible.
That’s not to say he doesn’t lose from time to time. Everyone does.
However, the years he spent collecting data and calibrating his strategy allow him to know exactly what to do in every type of market. He is also equipped to act mechanically and without emotion, something most of us can only dream of.
Spending that kind of time isn’t realistic for everyone.
Most of us have full-time jobs, families and other obligations to attend to.
So, why not build off of Hugh’s success and try Pick of the Day?
He’s already done the heavy lifting. All you have to do is give it a whirl.
And with the ability to get in and out of trades in a matter of minutes on most days, it’s easy to fit into your busy schedule.
