If you're not making money trading after 3 months, use these 3 strategies only:
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.
Comments
[ symbol:SPY|SPDR S&P 500 ETF Trust (SPY)]
SPY closed at $754.35 on 2026-11-04 . The chain’s 30-day IV is 21.44% , at the 84.06th percentile ; IV is also 1.94× the historical-volatility reference, so index-option volatility remains elevated overall.
Same strike: 750 put
Expiry (New York) Put IV Mark / option share Approx. 1-contract premium Delta Daily theta
2026-11-20 17.99% $9.46 $946 -0.422 -$0.302
2026-12-04 16.68% $11.89 $1,188.50 -0.426 -$0.202
2026-12-18 17.00% $14.75 $1,475 -0.429 -$0.167
2026-12-31 16.77% $16.50 $1,650 -0.429 -$0.142
Relative to the November 20 750 put, the same-strike premium is 25.6% higher for December 4, 55.9% higher for December 18, and 74.4% higher for December 31. The contract-cost figures above reflect 10