New to trading options? Daily Deposits is the easiest strategy for new traders to learn options. Watch Ben’s training on what options are and how to you can start trading in no time.
Whether you’re new to trading or an advanced trader, you simply cannot use a single indicator to predict the markets. You need a well thought out strategy, multiple indicators, and other fundamental factors to beat the markets.
And this is exactly where the Daily Deposit Trading platform steps in. The platform claims to provide traders with simple and predictable trading strategies which are the key to making consistent profits.
The best part? You get to learn all these strategies for free in Ben Sturgill’s quick start guide. Don’t believe it? Check out our unbiased review and discover how this platform works.
What is Daily Deposit Trading?
Founded by Ben Sturgill, Daily Deposit is a stock trading alert program. The platform aims at teaching traders and investors more about how to have consistent profits. It does this by providing its members with predictable trading strategies.
According to Ben Sturgill, these strategies are key to profits as well as consistency to push your trading to the next level.
But here is the best part; this service is designed to let you trade in only 15 minutes of the day. Best of all, you really don’t need a lot of money or even a background in finance to get started.
What’s more? The platform includes a ton of free downloadable materials about everything you may need to get started. These include:
- Daily Deposits Masterclass
- Daily Deposits Quickstart Guide
- Daily Profit Calendar
- Options 101 Training
In the Masterclass training, you will learn Ben’s simple market-neutral strategy. Apparently, this strategy could help you grow your account with one trade every day.
The quick-start guide, on the other hand, covers everything you need to understand and even apply the Daily Deposits strategy. Its main goal is to help you make at least one winning trade every day.
When it comes to the Daily Profit Calendar, it’s designed to help you keep track of your returns. All you need is to download and then print out the calendar.
Lastly, there’s the Options 101 training designed with new traders looking to learn options in mind. Here, you will get to watch Ben teaching on what options are and how to get started trading in no time.
Who is Ben Sturgill?
Ben is a stock trading educator who is also a former professional basketball player. Apparently, he has been trading stocks over a decade now. And just like his colleagues Jason Bond and Jeff Williams, he seems to be very successful at what he does.
What’s more, he is part of the RagingBull team and even runs podcasts there every week. In his podcasts, Ben shares his and others’ success stories about trading. On top of that, he is the head trader of IPO Payday alerts service and Daily Profit Machine. Both of these services are on the RagingBull platform.
How Does Daily Deposits Trading Work?
This program is based around determining the strength of the markets using a strategy that is focused on intraday momentum. Basically, this strategy helps you anticipate the markets via a set of pre-market indicators.
Ben Sturgill uses these pre-market indicators to scan all the markets for you every morning and then sends alerts. Therefore, you don’t need to monitor everything across the markets. Apparently, he usually reviews the global markets including Asian, European, and U.S. markets.
Basically, Ben starts looking for trades at 9:05 am rather than waiting for 9:30 am. This helps him to get ahead of the markets and anticipate where exactly the price will move. Consequently, he is able to stay ahead of what is really happening.
But here is the best part; Ben claims to watch the markets for any signals coming from the central banks, earnings, and volume. According to him, these are important pieces of information that can cause the price of stocks to quickly dive at the open.
Next up, once he is done with the pre-market review, you will receive a Trade of the Day alert. This alert usually signals you in the direction Ben believes the markets are likely to head in at the open. Generally, the Trade of the Day signal includes the following:
- Stop loss of the trade
- Option contract to trade (put or call)
- Profit targets of the trade
- Entry price of the trade and specific strike price
- Specific week or month
Once the trade of the day is completed, Ben continues to sit on his trading desk to monitor the markets. This allows him to take advantage of any trade opportunity that comes around every now and then.
Daily Deposit Trading Strategies
There are three trading strategies for Daily Deposit members. And according to Ben Sturgill, each strategy is designed to let you trade the markets differently. This helps in reducing or minimizing single-pointed risk in a portfolio. These strategies include:
1. The Trade of the Day
This is probably one of the easiest to learn and follow Daily Deposit strategies. You can learn this strategy in only five key steps. And with a little practice, you may become a stock market master. All you got to do is register for Ben’s next free training class to learn more about this strategy.
2. 30-minute day range breakout
This is yet another simple but profitable strategy that is based around momentum day trading. Apparently, it’s guaranteed to provide you with actionable trades every single day.
So here is how it works, it’s designed to let traders gain an understanding of the direction the market is likely to move. This usually happens in the first 30 minutes.
Generally, you will know the direction the markets are trying to head in once the stock trades either above the high or below the low.
3. Overnight Installments
Lastly, there is the overnight installment strategy which is a well-refined sniper system. Basically, it’s considered to be one of the most accurate and highly profitable strategies at Daily Deposits.
The strategy comprises three key indicators including trend, volume, and squeeze. Best of all, these signals are extremely predictable.
Successful trading is all about catching the right stock, at the right time, and in the correct direction. After all, if you don’t identify any of these three components, you are bound to fail. Daily Deposit Trading simply provides you with various pre-market momentum indicators to choose from. This helps you determine the direction the markets are likely to head each trading day.
So, if you’re looking for a simple yet effective way to beat the markets, Day Deposit Trading is a great platform. It teaches you how to break down the markets just like Ben does which ensures you don’t trade the markets blindly.
As if that’s not enough, the platform offers new traders free training lessons and strategies to help them get started. On top of that, Ben goes through rigorous analysis just to bring his subscribers an easy to follow trade.
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new methods in the trading as well as improving his jiu-jitsu skills. He currently resides in New York City.