I almost got in trouble today

[] let me clarify [] [] [] Today, I was live on a workshop with Lance talking about one of my strategies when I mentioned that trading during the day is really tough. The simplest reason is because the market actually doesn’t move very much during the day. In fact, over the last 30 years, if you just look at the net movement from the 9:30am opening bell to the 4pm closing bell, the market barely budges. It’s kind of insane! [] That bottom area is showing you how over that entire period, the market actually goes nowhere during what we all consider the market hours. Now, I could spend all day going down the rabbit hole of how wild that is. I mean, think about it: The actual time the market is considered “open” it has done nothing cumulatively in 3 decades… Yet somehow the market is up massively in that time frame. I’ve been focused on this chart for months now and it still boggles my mind every time I see it. But I digress… I said “no one makes money during the day” offhandedly talking about this chart. I didn’t mean it literally. I think Lance was ready to jump in with an “Excuse me?!” referring to himself before I corrected myself a bit 🙂 Obviously there are big moves during the day all the time. Literally all the time. But over the course of time, there’s no net advantage there. And that’s a tough way to trade, folks! As I always say, the biggest advantage we have as investors is that the market goes up more than it goes down. But if you’re day trading, you lose that advantage. I personally don’t think I could win without it. But there’s another piece of the puzzle that I think we should be really clear about: Just because the market moves a lot more overnight, doesn’t mean it moves a lot overnight. Let me repeat that cause it’s very important: Just because the market moves a lot more overnight – compared to the nothing burger of the day – doesn’t mean it moves a lot overnight. In fact, the average move is a fraction of a percentage point. But stacked up over 30 years it really adds up. Here’s the point: Even if you have the “lightbulb” moment that you can’t be stuck between 9:30 and 4, and you decide to go after the moves that are happening overnight, you still can’t expect to get outsized moves most of the time. As you’ve probably heard me say a thousand times at this point, that is why regular options fail so many people. They need big, big moves to make any return. And actually getting big moves is a lot harder than most people realize. So most investors buy an option, watch the stock go up a few percent and still lose money. Talk about a tough way to get ahead when you’re right and still lose money. And that’s why I’ve really honed in on trying to generate profits on small moves. That’s what [Overnight Options]( is all about. When I talk about the overnight moves, I am not talking about “home run” trades. Quite the opposite! What I am doing is tapping into the incremental advantage over time. So just to clarify: 1. Yes, of course, people can make money during the day - it’s just hard 2. I am targeting overnight moves but not big moves, just the incremental advantage Hope that helps! Nate [] Today, I was live on a workshop with Lance talking about one of my strategies when I mentioned that trading during the day is really tough. The simplest reason is because the market actually doesn’t move very much during the day. In fact, over the last 30 years, if you just look at the net movement from the 9:30am opening bell to the 4pm closing bell, the market barely budges. It’s kind of insane! [] That bottom area is showing you how over that entire period, the market actually goes nowhere during what we all consider the market hours. Now, I could spend all day going down the rabbit hole of how wild that is. I mean, think about it: The actual time the market is considered “open” it has done nothing cumulatively in 3 decades… Yet somehow the market is up massively in that time frame. I’ve been focused on this chart for months now and it still boggles my mind every time I see it. But I digress… I said “no one makes money during the day” offhandedly talking about this chart. I didn’t mean it literally. I think Lance was ready to jump in with an “Excuse me?!” referring to himself before I corrected myself a bit 🙂 Obviously there are big moves during the day all the time. Literally all the time. But over the course of time, there’s no net advantage there. And that’s a tough way to trade, folks! As I always say, the biggest advantage we have as investors is that the market goes up more than it goes down. But if you’re day trading, you lose that advantage. I personally don’t think I could win without it. But there’s another piece of the puzzle that I think we should be really clear about: Just because the market moves a lot more overnight, doesn’t mean it moves a lot overnight. Let me repeat that cause it’s very important: Just because the market moves a lot more overnight – compared to the nothing burger of the day – doesn’t mean it moves a lot overnight. In fact, the average move is a fraction of a percentage point. But stacked up over 30 years it really adds up. Here’s the point: Even if you have the “lightbulb” moment that you can’t be stuck between 9:30 and 4, and you decide to go after the moves that are happening overnight, you still can’t expect to get outsized moves most of the time. As you’ve probably heard me say a thousand times at this point, that is why regular options fail so many people. They need big, big moves to make any return. And actually getting big moves is a lot harder than most people realize. So most investors buy an option, watch the stock go up a few percent and still lose money. Talk about a tough way to get ahead when you’re right and still lose money. And that’s why I’ve really honed in on trying to generate profits on small moves. That’s what [Overnight Options]( is all about. When I talk about the overnight moves, I am not talking about “home run” trades. Quite the opposite! What I am doing is tapping into the incremental advantage over time. So just to clarify: 1. Yes, of course, people can make money during the day - it’s just hard 2. I am targeting overnight moves but not big moves, just the incremental advantage Hope that helps! Nate [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](