This video will explain how to make $500 a day with options trading while risking the least amount of money . You DO NOT need to invest thousands of dollars to start trading and make money!
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🎥 New Videos are released between 6PM-10PM CT.
SUBSCRIBE & Hit that notification 🔔 FOR FUTURE UPDATES | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
#stocks #stockmarket #investing
🔥Patternology Lab MERCH🔥▶ https://patternologylab.creator-spring.com
💰Get 2 FREE stocks💰valued up to $1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
GETTING STARTED? Here are the steps:
1. Get a FREE stock on Robinhood for signing up: http://join.robinhood.com/ihemen
2. Open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
3. Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
✅Follow us on:
Instagram: https://www.instagram.com/patternologylab/
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Twitter: https://www.twitter.com/paulngumah/
Facebook: https://www.facebook.com/iampaulngumah
Tiktok: https://www.tiktok.com/ @paulngumah
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Stocks in this video:
How I pick Stocks: https://youtu.be/O5yWKChL44E
How To Make $500 A Day: https://youtu.be/OOSpjACXKD8
How To Trade Stocks: https://youtu.be/f5RuDrFQj0w
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
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LIKE THE VIDEO | SUBSCRIBE | CLICK ON THE NOTIFICATION 🔔
💎JOIN THE COMMUNITY💎▶ https://launchpass.com/patternology-lab/premium
🚨Membership includes ✔ Real Time Options Trade Alerts ✔ Crypto Trade Alerts ✔ Private Chats ✔ Daily Watchlist
🎥 New Videos are released between 6PM-10PM CT.
SUBSCRIBE & Hit that notification 🔔 FOR FUTURE UPDATES | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽
Sincerely,
Paul N'Gumah, CEO & Founder of Patternology Lab
If you have any comments or questions, Don't Be Shy! COMMENT below and I will respond or make a video!
#stocks #stockmarket #investing
🔥Patternology Lab MERCH🔥▶ https://patternologylab.creator-spring.com
💰Get 2 FREE stocks💰valued up to $1850 on: https://act.webull.com/k/uU2v7otrgyGi/main
GETTING STARTED? Here are the steps:
1. Get a FREE stock on Robinhood for signing up: http://join.robinhood.com/ihemen
2. Open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)
3. Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page
✅Follow us on:
Instagram: https://www.instagram.com/patternologylab/
Instagram: https://www.instagram.com/paulngumah/
Twitter: https://www.twitter.com/patternologylab/
Twitter: https://www.twitter.com/paulngumah/
Facebook: https://www.facebook.com/iampaulngumah
Tiktok: https://www.tiktok.com/ @paulngumah
MY FAVORITE DAY TRADING BOOK
📚 https://amzn.to/2YY1LU1
My Studio Equipment:
🎤: https://amzn.to/2NQFu4g
📸: https://amzn.to/38t1Cek
💻: https://amzn.to/3eZDuCP
📺: https://amzn.to/2YZZDeJ
My Trading Desk: https://amzn.to/2YVCBW8
Stocks in this video:
How I pick Stocks: https://youtu.be/O5yWKChL44E
How To Make $500 A Day: https://youtu.be/OOSpjACXKD8
How To Trade Stocks: https://youtu.be/f5RuDrFQj0w
PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!
DISCLAIMER AND WARNING
In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.
Tags:
how to make $500 a day,how to make $500 a day with day trading,how to make $500 a day day trading,how to start day trading with $100,how to start day trading with $500,i tried day trading,day trading,how to day trade,how to earn $500 per day,how to earn $500 a day,how to make $500 a day forex,how to make 500 a day trading crypto,
And today's video I'm going to be teaching all of you how to make 500 per day trading in the market I'm going to show you exactly what I look for exactly when you should enter a trade, when you should exit a trade, and most importantly, why you should do these things All right right after the intro. All right y'all Before We Begin Again Do not forget to annihilate the like button on your way in. And also don't forget to click on the Subscribe button if you are new to the channel, right? So let's get right into it. How to make 500 per day per trade? Well what I usually look for again if you are new to the channel in this channel, we like to trade chart structures all right.
And there is one structure specifically that I look for every single day that y'all should be looking out for as well. and that structure I'm going to show it to you through Microsoft All right. so this is Microsoft and the structure that I look for that I Took the trade on which we're going to go over in today's video and how you can make money from this specific strategy moving forward. That structure is right here.
It's on the three minute time frame on Microsoft Again, this is the 14th of last week. All right. Um, March 14th and the structure is right there. It's innocent in Triangle and it was cooking on that morning.
It was trading and forming right here and eventually broke out for a nice move. Again, the structure is right over here. We have the first run, followed by the retests of that resistance line, followed by another retest until it eventually squeezed out it. Yeah, right now.
if you are. If you are new to trading and you don't know the structure, if this is brand new to you, I'm going to show you some examples of other ascending triangles through Google or I Said this is Google if you go on there any type A Sanity Triangle Pattern you will see multiple examples of that same structure that I'm showing you right now with Microsoft Again, this is one right here. Multiple retests before the break. This is kind of an over exaggeration, but I've seen this when it's when a structure is forming over multiple months.
Again, we're looking at day trades here. This is more likely to be seen on swing trade or like the four hour time frame. But let's scroll down over here all right and this is another example. This is looking similar to Microsoft As you can see the ascending triangle is right here and the same Concepts applies to the bearish side which is nice as well.
All right, so the better shot again in the same picture we see a decent and triangle followed by the breakdown right here. So let's continue to scroll down this one right here on the right looks is looking exactly like what we're looking at with Microsoft again the scenic triangle. The morning run followed by the structure cooking sideways and forming until it eventually pops out of there. and if you keep scrolling you will see again multiple structures same Concepts and you will get a good idea of what to look for moving forward. All right now let's go back to the trade itself. Okay, so when should you get in? We got past what I look for again. this is what I look for and the time to get in is right here right at confirmation when it breaks out. we're gonna go on to the monitor tab.
All right and this is the history for Microsoft on that specific day as you can see I bought car tracks on there I don't trade the stock I trade these stock options and if you don't have Think or Swim or if you do have think or Swim those contracts are found over here Again, these are multiple contracts with different expiration dates. I do have tutorials on how exactly two trade options and how to use Think or swim to trade options and the concept behind options and how and how to make money from the fluctuations in the value of those specific contracts. All right. So those contracts are right here and all I did on that specific day was to buy the contract that was at the money at that on that specific day at 10 18 right when they broke out, I brought 45 contracts for a total of 295 dollars each.
the total was 13 275 dollars. That was my position size and after I got in I waited for exactly. This is an 18 minute trade. All right.
It ran for there wasn't any type of BS consolidation. it was behaving really really well. The volume was there, the push was there, and it was climbing was the overall market. and when it got to exactly 10 10 36 when those contracts are about the 260 calls right here.
this is the strike price when those contracts went from out of the money to in the money and the stock started to consolidate right up here. I Sold those contracts for 356 dollars each which was a total of Sixteen thousand dollars Again, I used a 13 000 position and I turned that into sixteen thousand dollars. A 20 trade which you can do with two thousand dollars. Again, twenty percent or two thousand dollars is exactly five hundred dollars if you want to use more.
Capital When you see something that is disclaimed and that is behaving this well again you can do so. but it's important to manage your risk when you do so it doesn't always behave like that, but when it does it's very very profitable. and as the and as we get further in the week the profit becomes larger. Like this was a 20 trade but on a Wednesday or Thursday it could be 50 it could be a hundred percent because of the value of the contracts.
All right. So that is the trade. that is the structure that I wanted to show you. Now the last question is why exactly did I get out I did explain that the stock was Consolidated not here.
but the other thing that I like to use that I like to look at when I'm deciding whether to exit this these types of trade is I like to look at QQQ then that's that, all right. And the NASDAQ on that specific day which was right over here. Again, this is the third team On that specific day, when the NASDAQ got to 288, it started to roll over and I figured that 298 was going to be the high of day for that specific day because the volleyball was gonna fade and was consolidating and Microsoft already got to its price Target already along with Amazon I was in Amazon at that specific time on those trades on that specific day too. So I ended up just getting rid of both of them when QQQ was going sideways like that. All right. So that is exactly how you can make 500 per day per trade and that is the end of the video Again, if you found this video helpful, do not forget to annihilate the leopard for the YouTube algorithm, as always, helps the channel a lot and allows more people to get this knowledge as well. Also, if you are new to the channel and you haven't done so already, definitely click on subscribe and click on the notification Bell along with other notifications. That way you don't miss out on future uploads if you like to be part of a private.
Discord Community We can get all of this information in real time as I see them. You can find that as the first link in the description of the video below. If you haven't followed me social media here, you can find me at Paul and Guma in the panology lab on Instagram and on Twitter. And lastly, if all of this is brand new to you, if you're interested in getting a starter in the stock market, there's some basic step-by-step directions in the description of the video below.
Step one to step three. it only takes about 10 to 15 minutes for you to have all the tools you need start trading immediately. You can also get some free stocks after setting up with Weibo using the third link in the description of the video below. One skill is gentlemen, my name is your lab where we trade patterns and patterns only and I will see all of you in the next video.
foreign.
Thanks!! missing your daily videos
When you day trade, do you ALWAYS trade in the money? Thanks
I always look forward to your videos 🙏🧞♀️🙏
Love you brother !