Weekly Rundown: What Would You Do With $1M?

 
NEW MONEY CREW
WEEKLY RUNDOWN

Hey, traders, Lance Ippolito here. Welcome to Weekly Rundown, where we'll share some of our top trading ideas — and our biggest winners — from the New Money Crew!

We did it...

We got past the 2020 election. Of course, it looked to come to an end Friday with former Vice President Joe Biden eeking out a win…

But we know President Donald Trump isn't going to walk away without a fight. So once all the votes are counted we will have recounts... and court fights. So who knows.

But we don't care about politics around these parts. What we care about is making money.

And we made some money this week as the Nasdaq, Dow, S&P 500 and Russell 2000 were all up big, big numbers.

And guess what we did this week…

BIG Wins

We have another big win to celebrate this week after cashing out an 80% profit on Biogen Inc. (Nasdaq: BIIB)out of our Free Riders Club service. The stock — and our call — popped after positive data on an alzheimer's drug was released, netting us a huge gain in just over a month.

  • +80.38% on BIIB (Nov. 20 $320 CALL).
    • Entered on Sept. 20 at $15.80 per contract.
    • Exited on Nov. 4 at $28.50 per contract for an 80% gain!

 
Guys, If you're not already a member, be sure to check out Free Riders Club to get in on these big wins!

If you have a big score you'd like to share with your fellow New Money Crew readers, email us at wptestimonial@gmail.com.


What Would You Do With $1M?
Would you travel … pay off your mortgage … buy a new car?

Maybe you don't know how to answer that question... because the thought of having that kind of money in the bank doesn't seem possible to most.

But what if I told you that it is possible to make huge sums of money trading today's stock market — to the tune of $1 million or more — even if you don't know much about investing?

It all comes down to following a simple system called the "New Money Monitor."

If you've never heard of it, there's a reason...

You see, up until recently, outsiders were strictly forbidden from learning this market-beating strategy.

But a group of under-40 millionaires have finally pulled back the curtain on their "New Money Monitor" — and how it can deliver returns of 400%, 900%, and even 1,460%.

Based on your starting investment, it could even net you $1 million or more.

Again, this strategy wasn't available to the public until recently. But with the secret to this money-making strategy finally out in the open … we wanted to make it available to you right away.

You can watch the private video conference call right here.

How to Make Trading Easier

One of the biggest reasons a lot of people never get into trading is because they think it's too hard. It's over their heads. They'll never understand how options work or how to break down a company to see if it's worth investing in.

On the flip side, new traders often think trading success comes easy. Usually by their second week or so… they find out that's not the case at all. There are a lot of reasons why trading is hard — and why most people actually lose their shirts on Wall Street.
So Live Trade Profit's Josh Martinez broke down his ways you can make trading the stock market easier. Josh has been teaching people how to trade for years and this is all based on the feedback he's gotten from his students.

One: People are over-leveraging their account and risking too much money. Success is achieved over time — not just one time. Greed and temptation are powerful emotions. When you really believe the market is going to go one way, it's easy to keep piling money in, driving up your risk. Temptation only tells you the good things that could happen and not all the bad things. Don't listen to temptation!

Two: Trade the right market. That simply means if you don't know anything about trading options and how the Greeks work, stay away! Options traders need to be more sophisticated in how they make decisions. You need more info and you need to understand how to apply it. Don't trade futures if you don't understand margin calls… or maybe you're trading crypto and just going on hype — don't do it! Stick with what you know or listen to experts like Josh, myself and the New Money Crew team!

Three: Buy low, sell high! This one is obvious but it's exactly what every trader is trying to do. Over time, the market generally goes up 5% on average. Find the lows, buy and take the ride up, then sell. Wait for the dip and buy again, rinse repeat. If you do it right, you can beat the market — and that's what everyone is trying to do.

Four: Have a strategy and stick to it! If you overrisk your account, the market tanks and you lose all your money, then you have nothing left to trade. You have to be able to hold position, and you also have to be able to take a loss. The market goes up, the market goes down. You have a 50% chance of being wrong. So Josh's rule of thumb for success is to win 70% of his trades. You're going to lose trades. The key is knowing how and when to take those losses.

Long story short, don't trade the market without understanding what you're doing, or you will lose money. Don't be emotional, don't get greedy, don't get tempted, don't be in the wrong market and learn the skills to be successful. Only then will you be on the path to making money trading.

Signing Off

If you're looking for more compelling trade ideas and stock market musings to read and help you prepare for what lies ahead, here's what other experts at WealthPress are saying:


Lance Ippolito
New Money Crew

A WealthPress Publication

 

Disclaimer & Disclosures: The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.


Past performance is no guarantee of future results. There is a high degree of risk involved in trading. For our full disclaimer,
visit here.

Brought to you by WealthPress.

Subscribe to receive free email updates:

0 Response to "Weekly Rundown: What Would You Do With $1M?"

Post a Comment