>>>Join Nate and I weekdays at 10 AM ET for Opening Playbook — we’ll cover the day’s most important, actionable trading opportunities, education, strategies and more!<<<
The stock market isn’t exactly inspiring confidence right now.
We’re stuck in what feels like a choppy range, bouncing between the 50-day and maybe testing the 100-day moving average (MA). It’s the kind of environment where you can get whipsawed pretty easily if you’re trying to force trades that aren’t really there.
But here’s what I am loving: gold playing off its 50-day MA.
And I’ve developed a simple, repeatable strategy around it that’s been working beautifully. Each week, I’m placing a credit spread on gold at the 50-day, giving it about a month to expire. Nothing fancy — just a $500 (total) trade every Friday that I can essentially set and forget.
The idea is to create a waterfall effect. By stacking these trades week after week, I’ve got three positions open right now, each up between 18-21%. And here’s the best part: My first trade expires this Friday, and I’m pretty much locked in for the full payout as long as gold (GLD) stays above $347 — which is comfortably below the current price around $375 Wednesday morning, providing a nice margin of safety.
As always, nothing is guaranteed in trading, but I’m sitting in a good spot right now.
Why This Strategy Works
The reason I keep coming back to this trade is simple: consistency.
Gold has been respecting its 50-day MA for most of the last two to three years. When you pull up the chart, you’ll see it hits that level and bounces, hits it and runs, hits it and continues higher.
Now, does it always finish above the 50-day? No. It can dip below — in some periods it’s been about 50-50 — but since the recent period, it’s been consistently above that level.
The process is straightforward: I find where the 50-day moving average is trading — most recently it was at $363 — and place my credit spread at that price. One month to expiration. Rinse and repeat every Friday.
Building Your Waterfall
What I love about this approach is that it doesn’t require constant monitoring. You’re not staring at charts all day or trying to time perfect entries. You’re simply placing a high-probability trade at a level that gold has historically respected, then letting time work in your favor.
The waterfall effect is where this really shines. As each weekly position approaches expiration, you’re collecting payouts while simultaneously adding new positions. This Friday, I’ll collect my first $500 payout and immediately place another trade to keep the cycle going.
Am I going to win every trade? No.
But in a market environment where stocks are giving us mixed signals and choppy action, having a strategy like this — one that’s mechanical, repeatable and grounded in solid technical behavior — is exactly what can help keep your portfolio moving forward.
I’ve been sharing the exact strike prices and expiration dates in my Telegram channel each week, so if you want to follow along with the specific trades, make sure you’re in there!
Graham Lindman
Graham Lindman Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
- Telegram:https://t.me/+abM5RWRJKrpkNWI5
- YouTube:https://www.youtube.com/@NewMoneyCrew
Important Note: No one from the ProsperityPub team or Graham Lindman Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Dave’s Viral Stock Scanner Just Flagged a New Name
You can’t afford to miss out on this one!
My star student Dave just launched the Viral Stock Scanner to the public for the first time ever!
The very same tool he’s used to exploit social momentum for trade opportunities on viral stocks.
He’s been doing this over the last three years, and he’s turned a $38k account into $315k…
Practically outperforming Wall Street’s top hedge funds within that timeframe.
Now here’s the important part…
The Viral Stock Scanner just caught yet another stock building powerful social momentum as you read this.
From the looks of things, this one is showing the power to dwarf many of the opportunities that have come up this year!
He’s willing to hand you the details of this stock and even show you how best to get in on it.
It goes without saying that I can’t make absolute guarantees here…
We develop tools and strategies to the best of our ability but no one can guarantee the future. There is always a risk of loss when trading. Past performance is not indicative of future results. Over the last three years, Dave was able to turn a $38k retirement account into $315,000 trading what he calls Viral Stocks on X. What you will see today are some of the best examples, and only a small fraction of the overall trades that it took to build up the account. There were smaller winners and there were losers along the way. We’ve taken Dave’s methodology and created a “Viral Stock Scanner” to help us find these opportunities automatically. Since we can not promise future returns, we are not implying that this new software system will help you see similar results to Dave. Because the new Viral Stock scanner is a tool for traders, results will vary among users. Trade at your own risk.
