SPDR S&P 500 (SPY)

[DowDeva]

Tripledog, there's a paid subscription service called HFTAlert. I highly recommend it for new traders. He has a system he developed called the delineator system. I took the training in it, which was $500.

I thought their indicators were the bomb when I first signed up in April and I made an incredibly bad call here about 10 days ago using them, so bear in mind they're not always correct. I actually fade them occasionally now= well, not occasionally, quite often - but I always check them frequently during the day.

What they DO teach you is how to trade. How to hold them and how to fold them. The owner, Steve Hammer, was a former market maker and a real pro. There's a chatroom for real time trades, the people are great, and I wish I had known about it when I was new.

I subscribe to them for their least expensive service @199 a month, and their most expensive is $450 and worth every penny.

Trading is very challenging in and of itself, and options trading even harder. If you are new, please don't trade options.

Best of luck to you. There's a big move coming at the end of the summer, I can just feel it and I think it may be down.