How Ron made $10K This week with the 10x Rule

Edward Lance Lorilla
By -
0

Hey, it’s Micah here with an inspiring story for you today…

Last weekend I shared my method for how to 10x your option results using the DOJI as the entry…

On Monday, AAPL and a few others formed a DOJI candle…

Two days later I got this email from Ron…

"Micah,

I locked in this week with the Doji screener and the 10x training. I’m up over 10K for the week and its Wednesday….below is my gain today. Mainly put options."

pic1

It’s cool to see Ron level up his trading game.

Here’s exactly how he did it…

Part #1 -

To start doing this, you’re going to need a Heikin Ashi Chart.

I recommend the free version I’ve made available for everyone at WallStreet io.

What is a DOJI? On the Heikin Ashi chart, a DOJI candle is one where the open and close of the session are near the same price. You will often see a wick on top and bottom and very little body.

pic1

Why It Matters DOJIs often precede reversals and the start of a new PayDay Cycle.

They signal a single moment in time where I can setup a trade with the least amount of risk and the greatest possible reward. The dream scenario.

Entering at the start of a PayDay Cycle gives me more upside and more control.

My Buy & Sell Rules

I use signals that lead price, not follow it.

Bullish Breakouts - I use the DOJI screener to signal which stocks are flashing this signal.

The screener helps me find setups the day before they breakout.

Alternatively you can always flick through your stocks manually looking for a DOJI candle.

pic1

Once I find a DOJI, here are my rules…

My ENTRY - The day after the DOJI I will buy ONLY if the stock breaks above the DOJI high. This gets me in the exact moment the breakout happens.

My STOP - I place my stop below the low of the DOJI. Therefore, the smaller the DOJI the smaller the risk. Because of this I like to prioritize low risk setups with the smallest DOJI setups first.I have a scoring system for this I’ll share with you tomorrow.

Let’s Recap:

  1. A DOJI candle forms when the open and close are nearly the same (small body, wicks on both ends).
  2. DOJIs often signal the start of a new PayDay Cycle, the moment with the least risk and greatest potential reward.
  3. My ENTRY rule: buy the day after the DOJI only if price breaks above the DOJI high.
  4. My STOP rule: place your stop below the DOJI low. Smaller DOJIs = smaller risk.

This is the foundation of the 10x DOJI Setup. Tomorrow I’ll show you my scoring system so you know exactly which stocks to trade and which setups to prioritize first.

Have a great weekend and keep a look out for Part #2 tomorrow morning.

Trade On,
Micah

PS. Following this method is the only way I know to set up your trades to have the potential to 10x your returns, exactly like Ron did this week.



 

Micah Lamar
CEO WallStreet.io
Micah@WallStreet.io

Questions? Please email us at Support@WallStreet.io or

Chat with us 1-on-1 at WallStreet.io

WallStreet.io All Rights Reserved © 2024

Manage Email Notifications

Thank you for being a part of our community. Please use the social links below and spread the word. We appreciate you! Thanks in advance.

 

 

Post a Comment

0Comments

Post a Comment (0)