EP 110: $54,000 Profit in 24 Hours – Bear Market Case Study

How did I do it and how did I have the confidence to put so much money to work?

In this episode, I'm breaking down the analysis of what I saw in the trade and how I made it possible... and how you can potentially make money from a bear market, too. 

Listen below:

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This is something that we break down in Power Trades University...

You can't just know how to make money when stocks move up. You need to be able to make money when it moves sideways, and yes even DOWN...

That's exactly what happened with this trade. 

We made profit from an ETF moving down. 

How? 

Let's break it down...

From June 10th to June 11th, 2022 I put up $111,000 and got back $166,000 for a total profit of about $55,000 in just 24 hours. 

We bought 50 put option contracts on the SPY. 

First let's note that we want to focus on the percent return, if you had $1,000 you would have made almost 50% return meaning almost $500. 

It doesn't mean you need to have these big of numbers in order to trade. 

So this can be possible for YOU. 

As you start growing your account you can start putting more money up. 

With the right set ups, you can make big money even within a day. 

Which means that you don't need to trade every day - if you know what you're doing then you can find the right trades that move big with a bigger dollar amount. 

The biggest key into having confidence to make bigger trades is knowing how to read charts correctly and having the right strategies. 

In this case we have the SPY which mirrors the S&P 500. 

With the right knowledge of knowing how to read charts, we were able to analyze the MVAs (moving averages) to indicate that the stock was about to move down because it normally moves down at the 50 day MVA. 

With this analysis, we were able to use a put option to understand it was about to move down. 

And it did - it moved huge within 24 hours. 

With that capital behind it, we made the 50% which equalled $55K in this case. 

Again the keys:

1. Reading charts and indicators correctly

2. Having the right strategies

If you need mored education and coaching to lock in those keys, join us inside of Power Trades University.