How To Grow A Small Account Trading $SPY And $QQQ | Supply & Demand

[@kennethdoyle667]

Discord member: " Helped change all my bad habits" in 4 days of being in discord lol.

[@zachibrahim2885]

How do I join discord?

[@hatxchris]

^

[@carmine_rosato]

The discord is only available and included free for investitrade course members on investitrade.net

[@carmine_rosato]

The discord is only available and included free for investitrade course members on investitrade.net

[@hatxchris]

@@carmine_rosato thanks for the quick response 👍

[@JohnVC]

This is a great gameplan. I've been trading only SPY for the last month and I've been able to 5x my small account. I got tired of chasing TSLA, gappers, etc. Now I just chart the SPY, ES, and NQ, and trade the SPY. Play the ORB, the test of the overnight/previous day high/low, and sometimes the close (if there is a strong move in one direction). Maybe 5 trades a day, and I start scaling out at 10-20% profit. You can trade a lot less and get better quality by just focusing on strong moves in the SPY.

[@BattlestarGenesis]

What time frame do you like for the ORB?

[@JohnVC]

@@BattlestarGenesis I find that I get shaken out with the 1 and the 3-minute. The 5-minute is probably what I do most, but even the 15 is more reliable if you have patience.

[@BattlestarGenesis]

@@JohnVC great thanks for the reply

[@BattlestarGenesis]

Hey another question, since I'm trying to get better at doing ORB so I'm trying to learn from people. Do you let the Opening range form after a certain time after market open? Or pre determined levels?

[@JohnVC]

@@BattlestarGenesis I think Carmine has videos on how to play the ORB. Basically you wait for the first candle to form after the open, then when the second candle breaks above or below that's the direction you play. So on a one minute chart it would be super choppy, but on a 15-minute chart once the first 15 minute candle breaks in one direction it's a better indicator of perhaps the next hour. This all varies of course. You can also back test this by looking back over previous days and seeing what would have happened if you had taken the second candle in the direction of the break. You'll probably see that the longer time frames are more reliable.

[@rozam2864]

1. Defense 2. Consistency 3. Focus on making good trades, not money, it’s about the process.

[@hydrocemia2690]

that is my exact mindset when gambling XD

[@maluhosea9409]

@@hydrocemia2690 quit cappin

[@JenMarco]

I mostly trade QQQ options and sometimes SPY. Sometimes on Fridays I’ll trade Tesla options because they are too expensive the rest of the week. I’m already profitable and just started just under a year ago. I’m sticking to a plan and making a niche.

[@digitalgenuis7732]

on what broker do you trade ?

[@simpp8]

what broker?

[@digitalgenuis7732]

@@simpp8 I can introduce you to a broker which I and my team has traded on for years and have come up with a strategy that works for daily profit . profit is guaranteed daily does not matter the situation of the market as long as you follow our trading signals on the group . interested hit me up

[@rofrofam]

what's your plan?

[@gregorymalone1073]

Do you scalp the Tesla stocks using a one minute timeframe?

[@Missionarybeto]

To all the people in the comments, his course is %1000000 worth it

[@carmine_rosato]

🙏🏽🙏🏽

[@Kloutkulture]

Ima buy!

[@Labatmancoyote]

I agree 100%

[@terrywilliams2349]

I'm getting Carmine's Course now!!

[@devinwible571]

I second this 👌

[@sevendayoptions6704]

Not sure of you talk about this, but I have a lot of years trading spy option contracts. Best strategy is to buy an at the money spy contracts and do a credit spread on the spx option contract. You can get an average of 2.50 to 3 dollars credit for the spx contract, which will off set any potential loss on your spy contract if it goes against you. The purpose of spy contracts are for large moves to go in your direction, but most of the time you should be able to make most of your profit from selling at the money spx credit spreads due to theta decay. Hope this helps anyone looking to trade spy contracts. You can also do this with es future contracts as well.

[@spinstressd2478]

So useful to this beginner. No home runs was a great take away for me! And sticking to a few stocks makes so much sense! Thanks for sharing!

[@thetradinggoat5101]

Great video. Do you have a video of actual option executions? From the button click of buying a call” , thoughts on why u picked a certain strike price, then button click of selling and getting out. Would love to see execution examples!

[@BradFinn]

Good stuff man! I’m starting to string some base hit weeks together! Days till expiration has been a major conflict/hurdle for me.

[@digitalgenuis7732]

what broker do you use in trading man ?

[@030604lill]

Volume and price action! Yessir! Volume spread analysis is the only thing I use for trading too. I mean, I have VWAP, 9/21EMA but volume and price, like you said, is ALL YOU NEED!

[@carmine_rosato]

exactly !!

[@digitalgenuis7732]

what broker do you trade on

[@charlotteayeni5964]

Yep, that is all I started using about 2-months ago and had a perfect daily record for QQQ and SQQQ until last week.

[@digitalgenuis7732]

What broker do you trade on ?

[@revealanation7778]

Thank you so much. I'm trying to learn this stuff and you have so much wisdom for a young person. I'm getting ready to retire next year, and I really don't want to limit my spending, not that I don't watch my spending, but my pension won't fetch me what I'm use to earning. I really don't want to go get a part time job, but I don't want to just sit and do nothing either.

[@markgetty-kp7fx]

Well there are several ways you can keep spending the way you unlimitedly, With the right strategies.

[@raydavies5249]

Carmine thank you so much! You are a God Send!!!! I am 66 yrs old and have been trading options on and off for 10 years and always did it "old school" !!! I did not know about the vwap or SPY. You really taught me a lot!! Thanks again!

[@markgetty-kp7fx]

What strategies are these folks using?

[@Big_Danny_Trades]

This is my 2nd video I've watch from your channel and I'm loving the honesty and transparency. New subscriber 💯

[@terrywilliams2349]

Thank Carmine this video was right on time!! I told myself that instead of chasing $TSLA I'm going to focus more on intraday trading the SPY. This will be so much easier on me than trying to day trading $TSLA everyday 🤦🏾‍♂️🤦🏾‍♂️

[@digitalgenuis7732]

on what broker do you trade

[@terrywilliams2349]

@@digitalgenuis7732 TOS

[@digitalgenuis7732]

@@terrywilliams2349 good . I can introduce you to a broker where you can make profits daily with our trading signals if you are looking to make profits daily . super easy . all you need to do is be online to copy signals and sometimes we engage in pumps for more profits .

[@gregorymalone1073]

I think the SPY is difficult to trade while the market is volatile. I think it's a good learning experience to prep you for massive profits once things go back to normal.

[@yoshiiwasaki7519]

The best trading education and real ppl! Carm is the real as he can get! Thank you for all of what you do to help me every day!

[@JuanCarlos-ln2xt]

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks gold, silver and digital currencies

[@lucaseverett99]

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading

[@JosePedro-kq9np]

May I ask which stocks are good? I've been looking at a few different ones but want others' opinions as well

[@danielsmith7484]

who would you recommend?

[@lorihomer1721]

@@danielsmith7484 DOROTHY DONNA TAGLIENTE, That's whom i work with

[@lorihomer1721]

@@danielsmith7484 You can just put her name on google and you will be directed to her website and drop her your message.

[@keithforbes8482]

Best trading advice on KZbin!

[@XandersJournal]

Best trading KZbin I don’t care what anyone says

[@timothytim8365]

What broker do you use?

[@disciplechoi2685]

trying to save enough money to get in your class. I appreciate all you’ve done for the little guys get up there.

[@paulcrow4827]

Love this video. By trial and lots of error, I have come to the same conclusions as you. Love your stuff. You just gained a subscriber.

[@illuminati_yang2324]

Honestly I was going to skip your video... But you popped up while I was doing my face wash routine, so no dirty hands. I was listening to another trader's lesson but I am definitely glad I didn't skip. Now considering your courses instead. Thank you for the huge insight. You simplified everything so damn well.

[@EliteTraders777]

When you’re trading spy do you watch the nq or qqq for market sentiment?

[@sandrahoward5512]

Thanks, how do you get volume on the bottom of your charts in red and green?

[@pkwahwai]

Wow!! I appreciate this video, great advice and views on focusinfg on SPY and trading consistent process. Thankyou

[@musicroad3501]

wich platform do you use ? for charting and order flow ?

[@BulletESV]

Great video! I trade scalp SPX options based on SQQQ and QQQ reversals from areas of support and resistance on the 15min chart, It’s pretty damn consistent

[@martinsoth9314]

I’m a father of 4, soon 5 and I started trading like a few months ago. When I started, I was option trading with small stocks n I was doing good till I started doing bigger stocks like Tsla. I been loosing a lot of money every day. I want to stop but at the same time I don’t. I love option trading for some reason but I’m doing it well I’m working too. That’s my biggest mistake but that’s the only time I can do it. I have a bulge back and the pain just getting worst so im trying to rly learn from my mistakes and get better at it cause I don’t know how much longer I can work so that’s one of the reason Why im doing it but I like your Video and what you said.

[@shawn5240]

If you don’t have time to trade I recommend zooming out and buying options more days out or be picky. Yes it will cost more for farther out but it will play to your style and not make you want to check charts every five minutes to maximize gains. Stay away from 1,5, maybe 15min charts. And wait till open bell is OVER.

[@JO091715]

Cause it’s called gambling

[@christopherhall1702]

I don't see the link for your discord. How do you determine the Supply & Demand areas?

[@uphillbattle5827]

Would this apply to TQQQ and UPRO as well since they’re both just 3X of SPY and QQQ?

[@rauldelapaz5286]

lets go boiiiiii your rants always get me hyped up.... good luck to everybody this week 🔥🔥🔥🔥🔥🔥🔥🔥

[@legitkeyz]

You too boss

[@carmine_rosato]

Haha appreciate you! Good luck

[@chu123TIN]

Rants? 😂 frfr my boi legit

[@1deadgypsy]

Great advise! How do you determine what option price to pick? I normally take the option at the money. Thanks

[@digitalgenuis7732]

on what broker do you trade

[@hafsabintsirin2450]

@@digitalgenuis7732 i cant thank you enough for guiding me on my trading journey . i cant imagine where i am now without you.

[@joeishere500]

;;; options are mind blowing to me,,,,

[@phurion.]

@@hafsabintsirin2450 scam bot

[@phurion.]

@@digitalgenuis7732 scammer

[@CreativeMancreativeman]

Dude this what I got after few days trading on my own... You're totally correct

[@ilanmuradov]

Appreciate you and Dylan always. Thanks for always adding value to our group and community Carmine 🙏🏼❤️

[@davidwildman561]

How are the green and red zones created / drawn? Just manually using a ThinkorSwim drawing tool? Based on observed historical price levels within the last X days?

[@MrShufunk]

Love your videos. Been watching various trading videos over the years and I've found yours the very best..no bs and just straight talking knowledge

[@digitalgenuis7732]

on what broker do you trade ?

[@davidbrewer2324]

Quick question on the 1200 contract explanation, do you get the 1200 premium back on top of winning 1600 ?? Serious question

[@Simon-ux1ey]

Hey Carmine, novice here. Do you use level 2 for entries/exits trading SPY? It has crazy volume plus lots of dark pool transactions hidden from level 2. Is level 2 a big waste of time when trading SPY?! Thanks!

[@carmine_rosato]

I do, but I use all my analysis on /ES

[@TFATRADING2020]

hi master!! can u do a video, with ur trading setup, timeframes for intraday begginers trader are u recommend?

[@carmine_rosato]

I have a video of this on my channel!

[@513Artdogg]

Morning I've TDA account for a few years! When you say cash account so you can VOID the 25K PDT rule!!! What do I need to ask TDA so I can VOID that rule.... Man it long story but I was up $7500 at one time started with a $100 doing options (Apple and Etc) now I wish I heard about the SPY/QQQ in 2020 anyway I do need a certain amount to get that CASH ACCOUNT!

[@PascalH70]

You’re correct about new traders learning to trade SPY and QQQ! Also new traders can check out XLF and bank stocks that have cheap options chains!

[@loraline1375]

Carmine, why chart the ES while day trading SPY ? How is it important?

[@sadecorrothers2217]

The supply and demand strategy can be used for futures and options?

[@carmine_rosato]

Works the best with them

[@clabz]

Do you need to do options if starting a small account?

[@rafiayam3306]

Do you have video on a good thinkorswim set up??

[@jpark108]

What broker would you suggest for going to a cash account? do you go over these kind of things in your course?

[@digitalgenuis7732]

What broker do you trade with ?

[@alexrodriguez484]

What platform are you using for trading. Great video really helpful

[@carmine_rosato]

TOS to chart... IBKR for execution

[@devbiswas9593]

Why do you need to track volume on trading indices since that's not a problem there

[@mikeyslife241]

I always get pumped when I see a new video uploaded, like first then watch👍🏼

[@arwood111]

All very good points. I wish i heard this advice 2 years ago when i was really new to trading. Thank you

[@motorxtp199]

is a standard margin or cash account all you need to conduct these trades? Or do they only allow for covered plays?

[@bullitt773]

If using 30 or 60min charts for spy/qqq, would you recommend showing pre-mkt data?

[@gangstagamingfamily5486]

With spy and QQQ how old do you go for contract time? 1 month, 2,3 etc…

[@andresw1331]

Thanks you give me hope. How can I get the free class ? Tried from the link below but didn't work.

[@dougsmith8950]

How would you trade these if you only have time to swing trade? ty

[@Grundalizer]

how do you add these supply/demand zone rectangles?

[@nycbankers1427]

Bro when scalping and day trading do you trade 0DTEs or do you trade options with more than 1 day of expiration.

[@carmine_rosato]

If there is volatility and clear direction, then 0-1 DTE is good. Else, 1-3 DTE

[@nycbankers1427]

@@carmine_rosato thank you brother 🤝

[@vndradeanthony]

/what platform do you use?

[@twoods5009]

Carmine Always Giving That Professional Trader Knowledge!! Salute Bro!!

[@ianberman6486]

Perhaps I missed something, but all I saw was an identification of lows and highs and what the difference between the two were. How did you know going into those trades you were on an uptrend? Is there another video where you explain this?

[@Bidwellz9]

a few things to look at are the previous highs and lows, are there higher highs and higher lows with increased volume day over day? could be looking at an uptrend, or if the chart shows the opposite see if its turning down. if it were as easy as looking at a chart and saying yup money making day then everyone would do it

[@ianberman6486]

@@Bidwellz9 good response. thank you

[@JayDowneyOfficial]

Best video I’ve seen. Kept it real & showed how to truly be successful in it. Thanks man!

[@genjioto]

Thanks for this. Need to add order flow to my strategy.

[@LaserrSharp]

Would this strategy work just trading equity and not options? SPY shares for example.

[@carmine_rosato]

100%. Any instrument

[@jgwilliams67]

Your video is very informative. Curious your take on when to get out of a bad trade? 20%, 30%, 40%..... 🤔

[@carmine_rosato]

If you define it as a bad trade, you should have been out already. Stop loss is always placed where your analysis is incorrect

[@jgwilliams67]

@@carmine_rosato I understand a traders Analysis can suggest its a good probability but I've read some traders will hold 20% to 50% before cutting their loses due to the possibility of the trade swinging into profitability before the Options expiration. I guess your saying it's up to the traders discretion? 🤔

[@MussoliniG59]

I always struggle picking a strike price. How far in the money or out the money do I go?

[@SpnzzRls8_7596]

Hi Rosato.......is there a military/veterans discount??

[@carmine_rosato]

Yes email me - [e-mail]

[@assistedlivingaz]

how about trading options in SPX?

[@gregorymalone1073]

F I'm scalping on the SPY, do you think, in your opinion,that it's good to use the 1-minute, 5-minute or 15- minute charts? I'm currently using the 15-minute chart on the SPY.

[@kofi2144]

How can I add the daily average volume bar to my chart?

[@digitalgenuis7732]

what broker do you trade with ?

[@eddienunez8206]

Great video carmine 👍🏼👍🏼.. quick question do you place your trades on tos or do you use a different broker ?

[@digitalgenuis7732]

what broker do you trade on ?

[@stevek33]

FANTASTIC Message!! Thanx C.

[@carmine_rosato]

Glad it helped! Thanks Steven 💪🏽

[@Derrick1981y]

I trade emini options myself, only draw back is they don't offer stop loss so you have to be on your game and have disapline. I trade price action with the use of patterns and trends. Imo, the best way to trade no matter your trading vehicle

[@zeen7899]

where can i trade options like u mentioned in the video for only 1000$? or a cash account

[@songckim]

Great information and insight. Much thanks. By the way, how did you get each of the volume histogram stick to show sell and buy volumes? Thanks.

[@digitalgenuis7732]

what broker do you trade on

[@ralphnohra8024]

One of the best trading videos i’ve ever watched. Thanks man

[@SykesFW]

Ok I’m using Webull, I come across this video a few days ago and watched, so I thought about it, Webull has a paper trading section for practice, and that what I’ve been doing, practicing before I jump into anything, I want to be confident when I actually start trading. So I set my paper reader up with $1000 and pulled up QQQ today watching it closely for a few minutes, it was on the down slop, so I watched the candle sticks, I could tell it was about to start going up, as soon as it did, I purchased 1 option, and let it run for 25 minutes, then sold, and made $700, $700 in paper trader, listening to what you said, I’m going to run this 6 more times practicing, then I will start this for real, but I have to give you props, it worked the 1st time I did what you said!

[@ParaaShakti]

thank you

[@worldtravelin]

What software is that? Think or swim?

[@ThePaintballer9]

How do you buy $300 stock for a couple bucks ?

[@hugoperez8574]

Where can i open a cash account to trade options everyday? Avoid the pdt rule

[@carmine_rosato]

IBKR , TD

[@lynelmalacaste369]

Can you please repost the link? Thank you

[@daytradeatl3167]

Realistically if you're trading more than 1-3 trades a day you're doing too much. Aim for a Risk Reward 1 to 2 minimum and think in terms of probabilities. You give up reward, for a higher probability of making money (later entries) or more reward, less risk, lower probability (earlier entries). Also Stick to 1 stock or ETF, that's all it takes. Work on being consistent and you will be profitable, start with an 'I don't care size' and work up as you get comfortable. Lately drop the indicators and learn price action.

[@solidnatemoney5584]

So you definitely convinced me on the power of options which I already knew about... but you didn't tell me like when to buy and when to get out? I didn't learn much in other words. I sense you are willing to help, though... so what else should I look at?

[@nathanielrose9156]

good stuff bro. SO for the deman zones how far to you go back for zones on the chart 5 days, 3days,10 days, how far?

[@VictorFXTrading]

how did you open up that graph of spy of the calls in a certain day?

[@tport76]

Is your course for newbie/beginners?

[@carmine_rosato]

The A-Z course was created for those who have little to no experience

[@cluggyahoo]

Very nicely explained. what options do you use on spy and qqq? buy calls ?

[@shawn5240]

Buy calls and puts us the only cash account option. Buy calls if you think it’s going up, buy puts if down. Essentially.

[@RNRPhHMC]

How did you get the green/red volume bars?

[@kolaking80]

Carmine thank you for your videos. I'm new to the market. I made 40k last year off $AMC. That what got me into the market. But I've become obsessed w the market for the past yr. I've read a cpl books but have felt overwhelmed w all the different indicators & candle stick patterns, different strategies becomes overwhelming. But I really like the simplicity of the supply & demand/your style. I paid all my debt w what I made last yr but left 2k in my acct. It's 3.2k now but I really wanna study & grow my acct. I like the idea of 1-2 trades a day & stop!! I'm watching all your videos & considering your course. I'm 42, made alot of mistakes in my life!! But I gotta daughter & really want to accomplish this market for her as well!! I would say I'm almost obsessed/determined to conquer this market!! Anyways love the way you break everything down & I'm really hoping to take your course! Thanks bro, your really inspiring me brotha 🙏 👊

[@frankgeary7574]

How’s your trading been going?

[@ChristianHada]

What about accumulation of wash sales? I know the point is to disallow losses for tax purposes, but is there any other issues that could arise from that?

[@ReaperzAqutics]

The only problem you won’t get tax write offs.

[@XxHitmanxXpro]

Futures trading doesn't have wash sales and profit is also taxed differently.

[@sambosambo360]

new here guys looking forward to start learning and with just $500 available.. any thoughts?

[@brianparkman8183]

Could you explain 'catches a bid down here'?

[@carmine_rosato]

Bid = buyers. Buyers step into the market and the market catches support

[@Swaggyp01]

what broker what broker does he trade off off?

[@cogar313]

Very nice presentation. Great video. Simply love it.

[@rperez420]

Does the SPY lag the /ES I feel like the futures always move 1st

[@daehttub7737]

What options is he doing? Weekly calls?

[@whitneylove1149]

Im new here what stop losses are you taking on these options?

[@billycones545]

how do show option price on the chart vice the stock price?

[@cryptotex8454]

Where Are you trading that you get leverage with $1000 in the account?