It’s That Time Of The Month…

2022-08-09 / John Carter

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In today’s video:

  • Head and shoulder trend reversal pattern
  • Stocks behavior – stocks tend to top up on the 7th – 9th of a month…
  • … and bottom up around the 19th – 20th of a montht

  • “It’s that time of the month… to do this trade on QQQ and SPY”

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    John Carter

    John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. He had saved up $1,000 over the course of a few months and his dad told him that he and some of his friends were going to buy “some call options on Intel” the next day. With his father’s direction, he bought 10 call options at $0.75, and sold them a few days later for $1.50, doubling his money. He was hooked and has been trading ever since—going on 25+ years now.

    That's as far as you can go!