The only 3 SPY set-ups every millionaire trader uses

The only 3 set-ups every millionaire trader uses:

1. First 5 min candle to break the downtrend $SPDR S&P 500 ETF Trust(SPY)$

2. Breakout than pull back (retest)

3. The super easy double bottom entry

🔑Here's the playbook (the same for every set-up)

1. Always Use 5min candles confirmation before getting in.

2. Choose 1min, 2min OR 5min to get in and out.

3. Always wait for candle to close above or below key level before getting in.

4. Always wait for volume to come in before getting in.

5. The hardest part in trading is holding until your price target.

Remember, this:

The biggest money you'll ever make won't come from finding better setups.

It will come from staying in the good ones.

6. Take only 1-2 trades a day maximum and review them deeply to see if you made mistakes.

7. Build confidence, focus on process not profit.

8. The strategy works its the trader who makes too many mistakes.

Remember this:

A great trade can lose.

A terrible trade can win.

Judge yourself by the decision, not by the outcome.

If you judge yourself by money, you'll eventually abandon a profitable process.

If you judge yourself by process, the money eventually follows.

Are you interested in knowing my RULES for exits? If so, let me know with a comment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Stoid
    ·00:30
    Yup
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  • Darren Tan77
    ·07-10 16:04
    ok
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