Whoever would have thought that day trading ETF’s for mere pennies could turn out to be a great strategy for growing a small portfolio into a large one. This strategy can also be used for large portfolios where the investor wants to dedicate a specific amount to his trades. The beauty of this strategy is that the investor is using a small amount of money for small gains which by the end of a week are larger and by the end of the month, a lot larger.
The whole strategy is built around day trading for .06 or .08 cent trades. For a simple example, take 110 option contracts which makes .08 cents each. This works out to:
110 contracts X 100 shares = 11,000 X .08 = $880.00
$880.00 X 5 trading days a week = $4400.00
$4400 X 4 weeks = $17,600.00.
$17,600 X 12 months = $211,200.00
This is a simple theoretical example but it should give you the idea. To study further let’s first look at how to set up this strategy for success.This content is for members only.