It’s not just $100; it’s more like “How to make $100 x 2, $100 x 3, $100 x 4, … .” But let’s not get too far ahead. It’s a marathon, not a sprint. Your goal should be consistent profits. If you are looking for a quick $100 bucks, then you’ll be disappointed.

A trader has to make several decisions in the process of buying or selling a stock. Each trade strategy is attempted in the hopes of making profits and averting risk. Profit is the sun that a trader revolves around.

It’s challenging to be always profitable in the stock market. Yet, there are ways to make money in the market. It’s not easy, but it’s doable. It requires a lot of hard work, just like any other financial endeavor. It will require patience and dedication.

create stock market trading plan

1. Create Your Trading Plan

Build a strong foundation – create your personalized trading plan.

Beginners & Intermediate Traders

  • Trade with paper account for weeks/months until trade entries and exits becomes second nature.
  • Treat paper account as real account otherwise you’ll be unable to replicate the results.
  • Keep a daily trade journal. Document trades and keep a copy of charts with entry and exit noted on it.

Experienced Traders

  • Go back and check last 3 to 6 months of trade and see what’s working/not working.
  • If you need to reset, start paper trading. Otherwise continue trading your current strategy and our stock picks alert system.
  • Check your results and refine trading strategy to reach your goals.
buy stock enter trade

2. Trade Entry – When to Buy the Stock

  • Wait for a pullback after receiving the stock pick alert to enter the trade (low risk entry).
  • If there is no pullback and overall market is strong in the direction of the stock pick, enter the trade (high risk trade).
  • Do not chase the trade. Be patient, next stock pick is right around the corner.
sell stock exit trade

3. Trade Exit – When to Sell the Stock

  • Place limit order to exit the position in the profit target range. If the price action warrants an early exit, do so.
  • Give some room for trade to work. Place the stop loss order within the range specified in the alert.
  • Manage your position. Price action is dynamic, so adjust your exits accordingly.
trading rules and discipline

4. Build Rules and Discipline

  • Don’t over trade or revenge trade i.e. try to make up for the losses in the day. You will probably lose more.
  • Be consistent with entries and exits. Make it a habit to take the trade when it meets your criteria and manage it like a hawk.
  • Once you’ve reached your daily goal, stop trading. Otherwise you will lose it all, and, some more.

How to reach $X/day goal?

First, trade small size like 200 shares and look for $0.25 profit resulting in $50/trade. Repeat the process with another trade. This will gross $100/day. Be flexible with the profit target but try to do this with 2 trades with 200 shares each.

Once you’ve mastered this after 100’s of trades, you can consider increasing trading size to 400, 500, etc. shares. The method stays the same. You are now taking advantage of the multiplying factor.
400 * $0.25 = $100/trade. Repeat this on second and third trade to get to $300/day.

Increase trade size (no. of shares) only after you’ve consistently meet your goal. If things are not working out, reduce the trade size.

Examples of stock pick alerts with price action.

Trade Entry on a Pullback

Momentum Trade Entry

Reversal after Entry

join us now