So many times people wonder why they should be subscribed to a trading or investing service. They want to know what the ROI is. Sometimes though, it’s hard to quantify. Education, real-time thoughts — those don’t exactly show up as a percentage-based return. Sometimes at Mr. Top Step though, we do get a concrete idea on returns.
Just look at what happened on Thursday May 6th.
The S&P 500 futures contract ended higher by roughly 34 points on the day, up 0.82%. But those in the Mr. Top Step chat room were able to snag almost all of that move in an hour.
At 2:40 pm ET, Danny Riley said there’s a “rip coming” in the ES, with the futures contract trading at 4,163.
The ES bottomed two minutes later at 4,160.
Moments later at 2:45, Danny told the Mr. Top Step chat room, “That was the low.” It’s right there in the image below, all time-stamped for full transparency. We’re not right 100% of the time — no one is — but our results are right there, out in the open.
That’s what 39 years on the trading floor teaches you. The School of Hard Knocks doesn’t have any room for lies, fluff or egos. We make calls in our chat room like we made buy and sell calls in the trading pit and it’s right there for everyone to see.
But the value isn’t just in the chat room. There’s more, too.
The image above shows more than just a real-time call of the lows, it shows the MiM too.
The MiM is short for our Market Imbalance Meter, which tallies the opening and end-of-day orders. It is “a point in time where all the buyers and sellers for the day must be satisfied in a single auction. It is a forced auction with price discovery between bullish and bearish forces.” The MiM is quite unique to Mr. Top Step, giving our members some of the best information around — the info you hope to see floating around on Twitter but can never depend on.
Notice the right side of the image above, where we’ve drawn a red circle. That’s giving us a real-time minute-by-minute reading of the MiM.
You’ll notice how it grew by roughly 10-fold in a minute, climbing from $240 million at 3:49 ET to $2.22 billion at 3:50 ET. That impact is also shown on the chart of the ES contract below. That gave us a 7-handle rally in two minutes and realistically a 12-point rally into the close.
There are days where some of our most well-rounded members keep us from making stupid trades. That’s hard to quantify; it’s hard to put an ROI on that.
However, it’s not hard to figure out the benefits to catching a 12-handle move in less than 15 minutes — a $600 gain on a single ES contract — or why snagging a ~30 point rally in the final hour and 15 minutes of the day — a $1,500 gain on a single ES contract — is a real game-changer.
With that, why not come check out the chat room? It comes with a free 30-day guarantee anyway. If you decide it’s not a good fit, you can always cancel.
As we all know, there’s no crystal ball when it comes to trading stocks, options or futures. But the Market Imbalance Meter may be as close as it comes. Knowing how the “Big Money” is placing its bets can give our trading room a big wave to ride — or a warning sign to stay out of the water. Come check it out now, risk free for 30 days.