How to work less and earn more by Day Trading S&P 500 E-mini Futures
People often associate more work with more pay, it’s quite the opposite in this day and age. We’ve moved into a new decade, it’s 2020 now and making a MASSIVE income in just a few hours a week is possible. Day trading is just one of the many lucrative businesses for the new generation. The best asset to day trade is the S&P 500 E-mini futures market. Why? Find out more below. Past generations always leaned on the “work hard and long for stability” that’s no longer the case. In this article, we will share the secrets to working however many hours a day you want. It’s possible to make a FULL income in just 2 hours a day, 10 hours a week with Day Trading. As is the motto at TRADEPRO Academy. We live this reality day in and day out. The only question is how much money do you want to make? Is it $50,000, $80,000, $150,000, $1,000,000 a year? It’s all up to you and you can do it all in just 2-hours a day.
How to work less and earn more: The reality you need to know
It’s easy to just fantasize about these figures and not lifting a finger. Everyone comes into trading thinking it should be easier than their day job and getting fast money is a sitch! Unfortunately, the harsh reality is that it doesn’t happen overnight. Don’t quit your day job just yet. The reality is that it takes A LOT of practice and trial to get to a level at which you can solely sustain yourself off trading profits. Some may pick it up faster than others, others may take months to years. The moral is if you give up too soon without giving it a good shot then you’ll end up wondering what could have been.
The steps required for success:
- Education is a pivotal point, you have to learn from the pro’s, the people who have succeeded.
- Then comes the practice. Practice until you can read markets in your sleep!
- Have a concrete plan. Traders always go into the market and GAMBLE. Have a plan, trade the plan
- Review your mistakes and consistently learn.
- Always be open to new ideas.
Nothing comes easy, and it’ll take time. This route is really worth it though, once you’ve mastered even 1 trading strategy and follow your plan. You can exponentially grow your profits. In this business, you don’t have to wait years for promotions they can happen in weeks. Your salary could double in a matter of months. At the beginning stages you will have to work more than 2-hours a day to get the practice down and the read on the market.
How to work less and earn more: Working 2-hours a day
After having gone through the learning process and practice process in a demo to refine your strategy. It’s time to take center stage. How can YOU work 2-hours a day and make however much money you want? Day Trading the futures market is your answer. The futures market is the most liquid market in the world with a multitude of assets you can trade. It’s centralized so you can see the order flow and all the analytics you need to make your dream a reality.
The futures market is open 23 hours a day, minus Friday from 5:00 PM EST to Sunday’s open at 6:00 PM EST. That gives traders opportunities throughout all hours of the day in different timezones to take advantage of the market moves.
Why just 2-hours? Because that is usually all the brain can handle at a given time to act at peak performance. You can easily trade any 2-hours, but which are the best? The US session opens from 9:30 AM EST to 11:30 AM EST. Why? Because that is when all the big money traders sit at their desks to trade the most liquid futures market in the world. The S&P 500 market. This is a US-based futures market that is most active during these hours. This is when a lot of US news comes out which moves the market creating opportunity.
Throughout these 2-hours, depending on size and strategy you can make well over your week’s income at your day job.
How to work less and earn more: The Futures Market
The futures market is the answer to working less and making more. The leverage, the opportunity, the ability to scale your profits. It’s all there.
The US futures market has multiple assets, but which one’s are the best to trade during the 2 opening hours of the day?
- S&P 500 E-mini Futures
- Crude Oil Futures
- Gold Futures
- Nasdaq E-mini futures
These all provide plenty of opportunity and movement to capture your daily profit target in just a matter of hours. For beginners, we recommend the S&P 500 E-mini futures market, it is more forgiving. In that, it doesn’t whipsaw as much and the moves are clear. You can catch multiple point moves in seconds. Keep in mind 1 point on the S&P 500 E-mini market is $50 per contract. Just 4 points a day and you’re at $200 a day. With 250 trading days in the week approximately, that is $50,000 a year. These 4 points can take you just minutes!
The Crude Oil market is extremely popular, because of the large swings that are associated with the asset. It can move cents at a time and continue to trend for long periods of time. Especially on big news events like Crude Oil inventories. You may be thinking, 1 cent isn’t much. Well, 1 cent of movement is equal to $10, Crude is known to have moved of 20-30 cents at a time, which can happen in minutes. There is a fast $300 a day, or $75,000 a year if you learn consistency. Keep in mind Crude Oil is less forgiving and a little more difficult to learn. The market respects market structure well but it’s known to have very sporadic moves. Nicknamed the “Widow Maker” for a reason. Don’t let that scare you, it just requires a little more practice than other markets.
It may take more than 2-hours a day to learn the markets and get to that level of consistency that you desire, but it’s well worth it in the end. Nothing comes easy and this is one of those things. If anything it’s harder to get there than most jobs, but once there. The world is your oyster and you won’t look back. Scaling is easy when you’ve mastered the basics and $50 a day could easily turn into $500 a day. You need a strong mindset for this job because there can be failures and a bumpy road. Anything that’s worthwhile is going to be hard at the beginning.
Work smarter, and not harder.
Let us show you the enormous potential of trading – the opportunity that can make you a lot of money AND save you 30 or more hours a week.
If you want to join us in our live trading room, check out the Day Trader package here >
The information contained in this post is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. TRADEPRO Academy is not responsible for any liabilities arising as a result of your market involvement or individual trade activities.