That's a great question, but the answer is simple.
The SPY Sniper can be adjusted so that it works in any market conditions, and you'll see how in the member's only training.
2) What are the percentage gains you've been
seeing with these trades?
Usually between 10% to 30% gains is what
I'm going to be aiming for. Will we miss the occasional
multi-bagger? Yes but this keeps things fun and low stress,
and you can be done with trading by 11:00 a.m. (maybe sooner).
3) How many SPY Sniper alerts produce losing trades?
From what I have back tested, it looks like about 6 out
of 10 trades are winners, but you can tweak it to get the win rate higher. It's not complicated, and instructions will be in the member's video training.
4) What kind of capital should a trader have?
You can start with as little as $500 but I would not use
more than $5,000 until you get the hang of it. A great way
to start is with paper trading too. I know E*trade has a free
paper trading platform that is easy to use, your broker
probably does too.
5) How long do you usually hold the trades until closing them?
These trades are opened between 9:31 a.m. EDT and 10 a.m. EDT then closed no later
than the end of the day, but preferably by 11 a.m. There may be exceptions, however.
6) Is this for stocks or options?
This is for SPY options expiring 1 - 5 days out in expiration, you may want to use
the calls or puts closest to $1 per contract.