My Favorite Day Trading Strategy for $SPY/ES (30k Day)

[@AriTriesNewThings]

For some reason, I'm similar to you. The trades that I strategise reversals tend to work out for me. I can just see those much better than bullish trends. Thanks for making this vid! ❤

[@iwantmo2050]

I really like your laid back tell it as it is style of teaching. It is genuine and sheds light on my early path to trading mastery. You have a gift for bringing clarity to our technical & psychological experience as new traders.

[@davidsmeglap4023]

You are patient waiting for your setups. That is an underrated skill. Highly defined risk is underappreciated. Nice to see a different approach.

[@nathanielknowledge]

thank you SOOOO much. Your willingness to share information and teach beginners makes a world of difference.

[@babyturkey0_091]

What is the website or app called that she’s using to trade

[@gtaxlondon]

Thanks for putting a name on this for me. I just started trading options and was telling a homie how I’m “biased to puts”. Now I know i like playing the reversals.

[@konradkudzia28]

You are one of the best trading teachers out there because you explain the way you look at and think about your trades. Good stuff!

[@holacarson]

oh my god, so true, I did the same trade today similar to your chart, made little less than 1k, I was upset about missing the big trends, but it's so hard to see the big trend when I exit. 100% agree with you! I am happy I follow my own plan. thank you for the video!!!! feeling much better now.

[@jackc1196]

Hi Peachy, love your content! I too am a reversal trader (primarily shorts in this current bear market). I've placed over 200 shorts this year and 95% were profitable - my account is up 283% YTD trading only ES. I aim for consistent base hits and let things compound by increasing my trade size as the account grows. The reason the short side works so well is the down moves are so much faster than up moves. Say for example a 30-point up move takes 2 days. It might completely reverse in 1 hour which is 48x faster. My strategy is to be patient like you suggested and I have a stop that (usually slightly above a recent high) and put in a limit order at the same time I place the trade. Then as soon as it is ITM more than the last red candle I move the stop to ensure no loss. Then just keep moving the stop down manually. I stop trading at 5 trades per day (usually only 2-3).

[@Murphys_Law9]

I did 20 trades today with only 1 lost. Trading micros. I want to try this.

[@cameronnovak]

#1. You're right about draw down coming fast. #2. No. You're not picking right 95% of the time.

[@Henry45465]

Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.

[@Isabell196]

Congratulations.

[@Isabell196]

I will love to be your friend dear as well as sharing some i dears which you're benefiting.

[@Henry45465]

Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.

[@alexandermorrison1004]

Hey how good are your earnings I will like to get some insights into trading thank you.

[@Henry45465]

Currently i can attest to the fact that I make $18,300 weekly through trading which is more better then my monthly salary job. Trading becomes my passive income.

[@vortexfx420]

Guys/gals, spot consolidation areas, draw a line in the middle, its now your support resistance level. Wait for price to show a bullish or bearish signal off that line (I like to see wicks or engulfing). Now buy/sell and TP at the closest order block (big long candle that has not been filled next to a little candle). Rinse and repeat. Your welcome

[@sheldor73]

Thanks for this! I'm a rookie. Ive been studying, practicing, paper trading, getting that screen time, etc, since January this year. Last week was my first consistent and solid week of trading options (mainly SPX). After watching this video Ive learned that I trade verryyyyy similar to you! Im definitely a reversal trader like this! This video helped me realize that Im doing a lot better than I thought! Thanks!

[@erich7h]

Thank you, I’m working on sticking with one stock and SPY is one I’m looking at.

[@kramnewton8683]

How do you know where to put your stop loss if you are reversal trading? How much do you risk in SPY on average?

[@ws2664]

You're absolutely right, everybody has a different way of trading in my case it took me years to sort thru all the different styles and indicators till my brain stumbled on what made sense and worked for me and what I also learned was trading different stocks didn't work, I only trade SPX 0DTE options only, I don't care about anything else.

[@riggsmartins4033]

Trading rights has changed my perspective on how one can succeed in life. I’ve been able to clear my debt and go on to have surplus to take care of my family. Working multiple jobs for money isn’t the optimal way to attain financial freedom. Unfortunately, we find this out later in life. Great video

[@SlickNickReacts]

Hey peachy 🍑 love the content, thanks for the videos you make!! Can you make a video on the trade copier you use and how to set it up?

[@doesntmatter5704]

Yes I would certainly be interested in learning more about the trade copier you are using as well.

[@dhyde9207]

That makes 3 of us.

[@Spambee]

I think it's like running a game script but for stonks

[@pedrojuanespinozatrujillo1177]

Flowbots replicator for Ninjatrader 8

[@urby2514]

Yes, please share this! So curious….Thanks Britt! 🍑

[@davidhello4777]

Thanks for the video. The description of an actual trading day is always interesting and helpful. Looking forward to the next one.

[@Joncarter007]

I love it!!! This is exactly what I did Thursday and Friday 🎉 400+%. You’re dope af! I love your strategy it’s clear/clean and straightforward. Less is more 😉. Keep it coming luv!

[@tracer888]

I tend to trade reversals as well, and to answer the critics... I do it because you don't know what's to the "right" side of the chart... you DO know what has happened. And since the market tends to return to where it was quite often, you can catch good trades, calculate good risk/reward because you're targeting where the market was.

[@entertainingvideos1351]

Regarding the "you're not supposed to have A+ setups every day" : You can become drowned in 'A+' setups every day if you monitor 500 stocks and code Ninja to scan for specific scenarios. My constant problem is having too many setups at once because I allow B/C quality, since they can often still produce better results than the 'perfect' setups. I see you use Ninja, maybe you'd get some value from coding a scanner. You could probably whip something up in 15mins to a few hours depending on complexity of the scenarios you are looking for.

[@aleko11]

I like vids with the format you seem to be using, boxed face and such.. Thanks

[@jaytrader202]

🍑y , I’m not sure what you did in your previous life before Trading, but your Content is outstanding, thanks for sharing and teaching.

[@jvd3339]

Beginner in futures here... - Wouldn't you make more if you simply moved your stop loss a healthy bit behind the trend? You can constantly move your stop loss slightly behind the trend, right? That way if the trend constantly moves in your favor you can hit the peaks before getting stopped out. (I do get how following with your stop loss can prematurely stop you out if it moves sideways. But so does getting out too early)

[@BenjaminHale-pm6yc]

Hey P. Appreciate all the informative videos. Looking for context here. If you’re making $4k on these trades that are making you ~0.8 per stock, you’re buying roughly $2 million in stock. Am I seeing this correctly? A lot of your videos say how good you do in trades like this, but it would be really helpful to know these huge upfront risks to do so. Thanks

[@klapmoel7431]

Thanks for the video. On excuting the trades, do you use a "Trade Ladder," "DOM," ETC. to Setup the trade? Could you make, or do you have, a Video on how you Setup & Excute the Trade? What is a "TRADE COPIER?"

[@takingrisks7538]

Thank you for actually diving deep into the thoughts in your mind as your execute your analysis.

[@-mr3puttz-310]

A knockout that can trade like hell. The world always has surprises. Nice trade.

[@donkeyhole2782]

Do you do long term trades? If so, the mega project to hold is TELL (Tellurian) liquified natural gas export to Euro / Asia. They built Cheniere Energy from single digits to $150 per share. History repeats.

[@stevenwieringa2662]

Great video. Where can I learn more about the blue / green boxes identifying areas of interest?

[@johnnydang2532]

Hi Peachy, how do you do trade copier? How much money you need for each account? I was watching your spy trade video and you said you were making 30k on that trade. Please elaborate. Thank you.

[@sphinxman90]

Great Video! "Trading is the hardest way to make easy money!"

[@Sanjay_Patel]

Awesome video and tips. I am beginner and I ike reversal trade and I think I spot those more easier then either complete bull or bear. I like to know which trading platform you use? Do you host / hold training seminar in person?

[@TheSmokin419]

Can I borrow 20 for gas?

[@ollenilllson]

Thanks for the video. Would be interesting to get insight on your down days i.e. losing trades to see how you manage those trades.

[@rayraman3243]

Psychology - it plays a very big part. Thank you for addressing it along with the strategy.

[@pauzen5365]

Today (8/8/23) was a big day for SPY reversal traders. Hope you made a ton!

[@renatar2330]

Love your videos. Quick question - what is the indicator you're using (blue, , purple, green boxes). I Can't fin it. Thank you

[@tombickers3519]

Did she ever answer you? I was wondering the same thing.

[@MychaelAllenMusic]

I'd like to know this as well. Just to get a better understanding of how she's thinking.

[@renatar2330]

@@tombickers3519 No, she didn't

[@treasurehunt7812]

Great advice in this video. Hindsight is always 20/20.

[@saravictor4983]

So right. It's not obvious at the time as 1 min candles are running by. If it was, trading wouldn't be so difficult and we'd all be rich.

[@goldenageenthusiast]

My issues with reversals was just trying to catch what I thought would be the top of the trend rather than waiting for confirmation of a reversal. Friday I noticed on AMZN I could add small size to the momentum and then just flip to short once there was confirmation of the reversal.

[@peterpaulpancipanci]

What trade copier are you using and what prop firm? Good video

[@acousticide]

It's very difficult with a person who has a reversal trade mindset to follow trend, because you're looking for the signs of reversal, and the more it goes, the more confident you become knowing a reversal is coming.... hence you miss the trend trade. I have lost a lot of money looking for reversals. I think realizing the trend is better, and getting out or flipping at the sign it may be coming.

[@laxbro2669]

Im starting to understand floors really well, but how do you study ceilings well? Is it literally just doing your homework to figure out what an investment will potentially rise to? Essentially just doing your homework on companies potential for the day???

[@michaeldavid2720]

I love watching your videos, I get so much value from the. I do have a question for you. Do you have any videos on how to set up your active trader set up, and how to use it. I'm new to trading and would like to know how to do that. Thank you.

[@JesseLay]

I'm with you, my mind for some reason prefers to trade reversals.

[@cluggyahoo]

First video I see from you and I like your laidback approach. Do you use buy call and put options or just buy or sell the underlying ?

[@pastorwhitfield]

It's wonderful to have the opportunity to see you! You are a beautiful lady and you have a talent for conveying the psychology of trading. You have helped me a ton. You are without a doubt my preferred trading channel. Thank you for creating this video! I will be looking forward to seeing and hearing more of you!!

[@lilcrzyguylessgoo4755]

thank you again. great tip starting at 5:30mark

[@edmandell3064]

I'm an Options trader. I prefer to leverage my risk / reward through options.

[@sherrylashby]

I woke up at 5:26 in SD thats 2 hours time difference from eastern. RV nice Im up by Angostora Area outside of Hot Springs. Not sure about doing futures I think I learned to trade those in 1980s . It was a learning experience as a teenager. Im kind of a dinosaur when it comes to trading but I hit my head in 2020 snowboarding and I have a lot of I cant remember shit moments when it comes to greeks and trade placement so Im relearning and taking it slow currently. Ive traded alot in the past Im still a little hesitant but Ive got a good gut feeling. Im currently doing credit spreads kind of boring but I think it deters risk till I build my brain up. TTYL Have a good day.

[@masterb55]

very good video, i too take shorts back to the means of my 10 ema, and oh boi, did i get a ton load of feed backs for doing that, great job

[@mr.market1487]

We trade identical. Same profit targets, strategy, and everything lol you earned a follow

[@Steven-ji7sc]

Great video Peachy. Will you be doing a video on your process on how you establish your S&R's?

[@flagfootballhighlights]

Really well said. I'm mostly a counter trend trader as well.

[@TheFox808]

Best advice is to find a style that works for you, which you won't figure out for months or maybe even years. Everyone always says never to catch a falling knife (the most extreme form of reversal), yet it works for me, and has done for years. But if I showed someone what I do, and they tried to use my method, 99% of people would lose money. My brain just works differently I guess.

[@tonyfrederick4038]

I love scalping consolidation! Trade the bounce either up or down and it only takes seconds.Although there are no huge rallies it really is pretty easy.

[@Ea79000ea]

GLD caps were great this week. Higher rates, Gold runs on the news recently.

[@toncuz8291]

No one ever defines trend or reversal. Buying a DAILY CHART DIP is buying a reversal. Or is it following the daily trend?

[@ratonretiro]

Well played. Nothing beats having a plan and following it. Thank you for sharing.

[@Will_Ramb0]

Do you use a footprint chart? If not, I guarantee you it would improve your reversal trading even if you're reversal trading is already really successful

[@FienMckey]

Great video for the startThank you Michael for making that kind of content

[@starfishe]

Love you videos. How many contracts did you buy for the $30k profit? Do you think SPY or SPX is easier to day trade, esp for scalping?

[@justinim3992]

What's the technology you're using to copy your trades across multiple accounts?

[@Jjfargo]

Really cool psychological mindset on this, this is how I feel I like to trade. Long trends scare me.

[@christianbello7583]

Love your content! I think that patience is probably the mist important thing to be able get the best entries! I am the same way I like doing reversals! Honestly i see them better then when it melts up! But like you said! You could always play both sides 😂

[@klydon12345]

Excellent,excellent, exxcellent. Thank you. Very helpful !!!!

[@michaelkonieczny863]

How many contracts do you do per trade? Do you use fixed predetermined stops? Or max loss and close? Do you close the full position at a target? Or close some. and trail with a few contacts in case it continues?

[@jamestaylor8650]

What is the size of your normal position ? Do you ever have a losing run…. How do you deal with this ?

[@tomascoox]

Awesome video! You are a natural teacher. 🙏🥰

[@Zues64]

Thanks for your content. Kinda newto this futures stuff but wanted to ask if you've tried with any success entering the trade as a OCO order, settingan entry limit 4 ticks below market, then a profit level at, say 6-10 ticks on ES and a stop at 3-4 ticks? More generally, could a mechanical method of trading futures (ES, CL, GC) via OCO trades work, using trend to place your bets?

[@yesorno4147]

Let’s say you knew what you’re looking for and levels you wanted market to hit, and you place buy/sell Then what? What’s your profit/risk target? How do you base that? What about max risk per trade and max daily drawdown on your account? What percentage do you apply ?

[@davidporter1039]

You mentioned a "Trade Copier"... what is that?

[@starttofinishmediaco.2520]

eyebrows looking great!!! lol great content too - keep educating us plz!

[@ClearwaterMarco]

What criteria did you use to determine that green area/strip was a point of interest?

[@tc96z1]

I ran across this video earlier today and literally skipped it thinking ‘way to young’ and then saw it a second time come up. Ya fooled me! Wow,never has anyone clearly expressed the reversal mindset. I much prefer sitting patiently waiting for a setup that occasionally runs into a trend trade where adding to a winning position just makes sense without the stress, Fisk and anxiety of buying pullbacks. Really enjoyed it and BFRG is ready to slingshot up. Only 5.5M shares but the story with Johns Hopkins is real. (Just a tid bit to check out) $6 ready to be broken and Bulls are stepping in all day at support.

[@julioc4978]

Great summary, How you determine when to get out after you get into a reversal trade? Cheers

[@koto_tabi]

Hi Peachy! Thank you for sharing your tips. When you trade and have to cut loss below the trade price, do you really not trade 30 days to avoid the wash sale? If so, do you trade other ETF like VOO?? I cannot get over this question that Ive had for a long time and I cannot find the answer. Would highly appreciate your answer!!!

[@glennpage5629]

Does the ThinkorSwim desktop application requirements work well with the Surface Pro or any alternative Laptop?

[@malazkm]

This is a wonderful question. I have a samsung s7 fe tablet it is an older tablet, but I hope it could be capable with trading

[@Mike-kg3hd]

so what u traded SPY etf OR /ES futures ?/also what was your position size ??can u please share .thanks

[@michaeltallie4266]

I agree, I like playing the reversals as well.

[@lemonmaid3844]

Yeah, I got caught up at that resistance level and did not setup my stop loss and lost a significant amount.

[@nspirelegacy]

Great vid Peachy 👏🏽

[@chatch909]

Thank you so much, especially for the summary: 12:03

[@anthonycampiti5614]

Really enjoying your videos! What trading software do you use which supports copy trading like this??? Thanks!

[@pkemelong]

How do see exhaustion in the market?

[@GtZkInGz01]

So you basically scalped it back down to the zone that broke structure above pre market highs. Combining 1 min price action, exhaustion, and the timing of day for your entry

[@timsweeney6832]

I gravitate toward reversal trades also. When spy reverses it often makes large moves very quickly. Quicker than the up moves.

[@paulmiller6294]

Spy has been taking the stairs up and the elevator down lately

[@Will_Ramb0]

OP, P COD, P LOD, & P HOD I use; but I love using initial balance as well

[@xxVictoryx]

Interesting. Like concept of trade copier.

[@Primitivetrading]

Hey @Peachy Investor, love the video. I was wondering how do you do the trade copier?

[@terry4265]

Thank you so much for your videos. You go slow and go into details and that is a great help. I am a big short seller but also trade long. My biggest problem has always been holding and holding which cost me all my money but that is the past now. I get out now if it doesn't work. Great trade and thanks again. :)

[@chartingwithliv]

Ayy a peachy vid** Love it, and I also trade reversal and it's hard to explain to others. I genuinely love them as I can just focus on WR and consistency

[@thienlo]

I appreciate your analysis. Trading is not easy.

[@JesusWantsU]

Brittney, you state here that you made the sum of all the accounts on your Trade Copier ($30k). Did you make the money or were you saying that the group of people whose trade shadowed yours automatically made that amount in total, but divided between them? Also, what is your reason for using a Trade Copier? What benefit is it to you?

[@bennybulls]

I enjoy trading on margin 100% of the time that's how I feel alive

[@jmd1743]

Would be happy to trade taxing ODTE like gambling in exchange for no PDT rule, and instant settlements on cash accounts & long positions.

[@ChristianGutierrez]

Happy to see you making videos again!

[@crunchyroll7734]

I love your theory and education 🍑, thank you!

[@marvinbelizaire7780]

With the mindset of thinking about building your account and accumulating profit overtime, what would you say is a reasonable profit target in terms of percentage?

[@ElectricalTrade]

When Day trading SPY Calls and Puts How do i know how far out to go when it comes to getting into these puts and calls? For example if i was getting into calls on a monday, do i want the Calls 1 day out or 2 days out? Thanks for any feed back.

[@dkvizion]

Are you watching any options flow in your trade? Open interest, gamma exposure, delta exposure?