New to trading and found this site a few weeks ago. Which is really good news to me. I am very interested in zero risk and have decided to start trading the SPY. Seems like everyone here is making big bucks and I want to join the club. Very tired of working at the car wash and have $10k saved up to trade. Hopefully I can make enough money in a few months to quite the "suds" business once and for all. Is now a good time to buy? I want to make as much as possible with zero risk like you guys. Thanks for any tips.
1) Build a time machine (maybe you can figure it out by watching the Back to the Future movies) 2) Buy all dips in the 1990s, from 2003 to 2007 and from 2012 to last month
It's a fantastic time to buy! Put on a quarter position RIGHT NOW. If SPY drops to the 200-day moving average (the $180's) before hitting $250, put on two more quarters of a full position. If there's a severe breakdown into a bear market, load the boat using max margin if possible. There is simply NO RISK!