Only subtle nuances remain to be added to our rABC arsenal at this point, but it is becoming clearer with each session how easy it is to make money with these set-ups, even when forcing trades. Toward the end of the lesson we looked at a way to trade a relatively small account using UBER, which sells for a mere $34 a share. You could trade four round lots all day long without pushing a margined account above the $8000 threshold. An additional attraction is that UBER and LYFT are supposedly talking about merging – a story that, whether true or false, will push both stocks higher for the foreseeable future. With a ‘guaranteed’ bullish bias and the wind at your back, you will not have to look quite so hard for perfect rABC entry set-ups. Moreover, if you find consistent success with the stock, you could conceivably scale up your size so that you’re trading 2000 or more shares at a crack. Do the math and you’ll see why this can produce more than just pin money for the household.
