Implied move from SPX ATM straddle applied to ES front-month futures. Not financial advice.
Tip of the Day
Learning to hold your lotto runners per our system makes trading quite profitable IF you can HOLD. We have at least one trade a week that runs 100+ points. This week we had two.
Sure, not everyone can hold overnight, but twice this week you could have had an 80-pointer and a 100-plus pointer during the RTH session.
A: The Bull Bear Strong Level is the single line that decides who owns the market this week. This week it sits at 7513. Above it, the bulls are in control and we favor longs. Below it, the sellers take over and we hunt shorts. Watch it close… if the bulls defend 7513 again, they keep the ball. Lose it, and the shorts get their turn.
What is a Strong Level?
A: A Strong Level is a price where the market has shown it cares… a spot where buyers or sellers have stepped in before. These are the lines we build trades around. When price loses a Strong Level and then reclaims it, that reclaim itself can be the trade. When two Strong Levels sit close together, expect the bulls to defend them heavily.
What is the Expected Range?
A: The Expected Range is the move the options market is pricing in for the week. This week it points to roughly 100 points, from a low near 7461 to a high near 7647. It gives you a map of where price may travel. And it is shocking how often we tag the edge of that range as early as Monday or Tuesday.
What does it mean to hold a runner?
A: A runner is the piece of your position you let ride after you have taken some profit. Holding it is the skill that turns a good week into a great one. We get at least one trade a week that runs 100+ points… this week we had two. You will not catch that move by scalping out early. You catch it by holding.
What is the Core Strategy?
A: The Core Strategy is one of our tracked trade approaches, built around bounce levels on the 3-minute chart. It has its own scoreboard right alongside the Battle Plan. Last week it delivered 100+ points, even on a slow no-trade day of tight 15-point candles. It is the foundation we teach for reading price and taking the right trades in the right locations.
MICROS TRADER BASICS
The Four Badge Challenge
The Four Badge Challenge is Micros Trader’s structured path through the Core Strategy Academy. Three badges cover the three primary bounce levels. The fourth badge requires the trader to identify all setups on a completed 3-minute RTH chart, putting everything together in one submission.
Every chart submission is reviewed personally by George. He looks at the chart, confirms what is correct, identifies what needs work, and tells the member when they have passed. Members advance when the level is genuinely mastered.
Commodity Futures Trading Commission. Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Testimonials Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
Risks Associated With Trading
IMPORTANT DISCLAIMER
By continuing with the Core Strategy Academy, Discord, and Zoom you also acknowledge and accept the following information:
The material in this course is general in nature. It does not constitute personal investment advice or personal trading advice. Any advice provided is general advice only and does not take into account an individual's risk profile or financial situation.
The author of this course content is not legally qualified to give personal investment or trading advice.
Although the author is an experienced and consistently profitable trader and the information offered within this course is given with the best intentions and made to be as accurate as possible, the author has no idea what your financial situation is and everyone has a different tolerance for risk and different investment goals.
The purpose of this course is to teach you how use technical analysis to assist in your trading, it is not intended to teach you how to trade even though many lessons do share practical techniques based on real-life trading experience.
The lessons in this course are provided as hypothetical trading examples, not necessarily ones that are profitable or robust. While the creator of these lessons has used some of these techniques to generate profits in the past, it is not guaranteed that you will experience the same results and past performance is not indicative of future performance.
Trading involves the risk of loss as well as the potential of profit. It is generally advised by successful traders to never risk more money than you can afford and are willing to lose - both on a trade-by-trade basis, and a portfolio basis.
You should seek independent financial advice from a qualified professional in deciding if trading is appropriate for you. Please also consider the appropriateness of that professional advice in light of your own objectives, financial situation or needs.
ALL MATERIAL HAS BEEN PREPARED BASED ON INFORMATION BELIEVED TO BE ACCURATE AT THE TIME OF PUBLICATION. SUBSEQUENT CHANGES IN CIRCUMSTANCES AND THE MARKET MAY OCCUR AT ANY TIME AND MAY IMPACT THE ACCURACY OF THIS INFORMATION.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE PERFORMANCE.
Information containing hypothetical or simulated results has limitations and may not represent actual trading. Since the trades presented in simulated backtests have not actually been executed in the market, the results may under or over-compensate for the impact (if any) of certain market factors, such as lack of liquidity, large spreads, slippage, commission costs etc.
NO REPRESENTATION IS MADE THAT ANY TRADING STRATEGY WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN IN HYPOTHETICAL BACKTESTING RESULTS.
You should carefully consider your objectives, financial situation, needs, psychological and emotional fortitude, and any other relevant personal circumstances when determining whether or not trading is suitable for you. Trading is not for everyone, and for some there are much easier ways to make money from a side-hustle or career more suited to their personality and situation.
Trading is exceptionally difficult to succeed at, with a remarkably high failure rate. So please do your own due diligence to protect yourself and your capital from unnecessary losses and damage. Seek advice from a qualified professional (such as a financial advisor) if you feel uncertain about your decision to begin trading.
THE RISK OF LOSS IN TRADING SECURITIES IS LIMITED TO THE AMOUNT INVESTED. HOWEVER, THE RISK OF LOSS IN TRADING DERIVATIVES (SUCH AS FUTURES, CFDS, FOREX ETC) MAY NOT BE LIMITED. THIS MEANS YOU MAY LOSE MORE THAN YOUR ACCOUNT BALANCE OR THE AMOUNT REQUIRED TO HOLD AND CONTROL THE PARTICULAR DERIVATIVE, ESPECIALLY WHEN EMPLOYING LEVERAGE.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINED IN FUTURES, OPTIONS, FOREX AND CONTRACTS FOR DIFFERENCE CAN WORK AGAINST YOU AS WELL AS FOR YOU. IN OTHER WORDS, THE USE OF LEVERAGE IS A TOOL THAT CAN LEAD TO LARGE LOSSES AS WELL AS LARGE GAINS. WHEN USED PROPERLY THIS CAN BE AN ADVANTAGE, BUT WHEN USED IMPROPERLY AND CARELESSLY IT CAN RESULT IN CATASTROPHIC LOSSES - OFTEN RAPIDLY.
This brief statement cannot disclose all the risks and other significant aspects of securities and derivatives markets. It also does not cover the many risks inherent in cryptocurrency trading - such as lack of regulation, potential liquidity issues, high volatility and various third-party risks. It is YOUR responsibility to research and decide whether or not to accept the risks involved in the particular market or asset you choose to trade or invest in.
IT IS YOUR RESPONSIBILITY TO CONSULT YOUR FINANCIAL ADVISOR TO DETERMINE WHETHER TRADING IN SECURITIES, CRYPTOCURRENCIES OR DERIVITIVES PRODUCTS IS APPROPRIATE FOR YOU IN LIGHT OF YOUR OWN FINANCIAL CIRCUMSTANCES.
Good luck with your wealth creation journey, and please take this information seriously. The graveyard of failed traders is large and ever-growing, and that is largely due to these warnings being ignored and the many dangers of trading not being respected.
🟢 Come Trade With Us — Live
Every weekday morning on the ES. Here's today's lineup:
Hey! I'm Mighty Micro, your MicrosTrader support assistant. I can help with membership questions, indicator troubleshooting, Zoom access, and more. What can I help you with?