Ape

How I Beat the S&P by Playing the S&P

AMEX:SPY   SPDR S&P 500 ETF TRUST
My approach was simple, be patient and do not get greedy. I used nothing more then a candlestick chart, volume, and trend lines to formulate my plan. The weekly chart was my big overall picture, I would then repeat the process on daily and hourly charts. I would wait for the opportunity for when the market would come down to its trendline, and buy when the weekly daily and hourly charts aligned just so. I used options as my investment tool. I would buy ATM options a month-2 months out, and would sell those options on the rebound as prices reached its' previous high. I did not always catch the exact bottom, or picked the exact top, but this approach allowed me to achieve nearly 200% return on my account total. Discipline and patience is all it takes folks. Here's to a profitable 2015 for all.

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