His FIRST Day Trade Ever Hits for $5k! (Mel Abraham’s Day Trade)

I sat down with one of our Elite members, Mel Abraham, to talk about his $5k win from his first day trading experience.

Let's see how he did it.

At 8:52 AM PST, Mel purchased 20 contracts of SPY at the $414 price for $2,800, with an expiration of the same day.

He went this route because it's a cheaper option on the put side to buy a same day expiration.

After the trade was placed, Mel focused on the three minute chart to pick the best time to get out. 

At 10:36AM PST, literally an hour and 44 minutes later... 

Mel closed out his puts for $7,800, for a profit of $5,000. 

He followed the strategy, it ran perfectly. Even if he left money on the table...

You never go broke taking a profit. 

It was better to get out with his profit than wait and see if he could have made more.

The goal is to develop your trading skills into taking faster and bigger trades. 

Have you ever wondered about options trading and how you could possibly make a $5,000 profit in less than two hours?

Check out our Options Explained course at Power Trades University.