Hugh Grossman’s experience as a top auditor for a Fortune 500 company helped him develop a unique skill set in numerical analysis and pattern recognition. Pick of the Day is the result of over a decade of experience, with Hugh Grossman at the helm, and his partner Ahren Stephens, a self-taught market technician and licensed commodity broker, adding his wealth of knowledge in technical analysis and market trends.”
What Exactly Is the Pick of the Day Service?
At its core, Pick of the Day is a daily trade alert service based on the Daily Payout Plan, a strategy Hugh Grossman developed and refined over 13 years. Each morning, subscribers receive a trade recommendation based on a simple, rule-based system focusing on a single financial instrument: the SPY ETF.
SPY ETF is an exchange-traded fund that tracks the performance of the S&P 500, meaning it represents the 500 largest publicly traded companies in the United States. This provides broad market exposure, making it a great vehicle for a consistent trading strategy.
How Does the Daily Payout Plan Work?
The Daily Payout Plan isn’t about making complex, risky trades. Instead, it focuses on small, consistent wins—something that’s achievable even for beginners. Here’s how it works:
- Trade Recommendation Sent Daily: Each day, usually around 9:10 AM ET, you receive an email or text alert with a trade recommendation from Hugh. The alert tells you whether to buy a call option or a put option on the SPY ETF, along with the specific details of the trade (e.g., strike price, expiration, etc.).
- Place the Trade: Using the provided information, you place the trade through your brokerage account. If you’re unfamiliar with options, don’t worry. The system is designed for ease of use. All you need is a basic understanding of call and put options.
- Profit Target Set at 6%: The trade is set up to automatically close when the profit target is hit—usually around 6%. This means once your option reaches that level of gain, the system will sell it for you, locking in your profit.
- Minimal Time Commitment: The entire process takes 10 minutes or less each day. The idea is to execute the trade quickly and move on with your day. The system is built around short-term, low-risk trades, which minimizes the time spent on analysis or market watching.
Why Does the Daily Payout Plan Work So Well?
Hugh Grossman has spent over a decade refining this system, and its track record speaks for itself. Let’s break down the key factors that contribute to its impressive success.
In January 2023 alone, each day was a winning day, as shown by the green dollar sign.
In 2022, Hugh Grossman brought Ahren Stephens aboard, whose extensive experience in technical analysis and market behavior has helped refine the system and make it even more accurate and adaptable to changing market conditions.
High Win Rate (91%)
From January 2023 to September 2024, the Daily Payout Plan delivered 430 trades—395 of which were winners and 35 losses. That’s an incredible 91% win rate, a rarity in the world of trading. This success rate comes from the use of a systematic, rule-based approach that minimizes guesswork.
Scalability
Whether you’re starting with a small account or have a larger trading portfolio, the system can scale to fit your needs. The more you learn, the more you can invest.
For example, if you start with one contract, you can eventually trade 5, 10, or more contracts as your confidence grows, all while following the same strategy. This scalability allows for exponential growth as your account balance increases.
Adaptability to Any Market Condition
One of the major advantages of this system is its ability to make money whether the market is going up or down.
If the market is rising, you buy call options.
If the market is falling, you buy put options.
This flexibility allows the system to be effective in both bull and bear markets, a major edge compared to other strategies that rely on specific market conditions.
Focus on SPY ETF
By focusing exclusively on the SPY ETF, the system takes advantage of a highly liquid, low-volatility asset that reflects the performance of the entire S&P 500. This makes it easier to predict movements, manage risk, and execute trades without worrying about individual stocks or market noise.
Predefined Risk and Reward
Each trade is set up with a clear profit target (6%) and a limited time horizon, typically aiming to close the trade within the first hour of market activity. This predefines the risk and reward for each trade, helping you avoid the emotional ups and downs of trying to time the market.
The Track Record: Real Results, Real Success
From January 2023 to September 2024, the system achieved an impressive total gain of 1,095%—a result few traders can boast. Even in tough market months like February 2023 and August 2023, the system remained profitable.
This consistency over 21 months proves that the strategy works in various market conditions.
Testimonials
Many traders have shared glowing reviews of the Pick of the Day service:
- Hans G. describes it as “a straightforward way to make consistent profits without spending all day trading.”
- Luna praises the system’s ability to “deliver daily wins with minimal effort.”
- Dennis Avner calls it “a whole new approach to trading that has transformed my financial outlook.”
Overview of the Pick of the Day Service
Pick of the Day offers a structured trading package that provides daily options trade recommendations based on a specific system. Hugh Grossman designed the service to help traders achieve consistent results, and Ahren Stephens later refined it. When you sign up for Pick of the Day, here’s what you get.
Daily Trade Recommendations
You’ll receive a Pick of the Day every day, which includes specific options trade picks based on the system’s strategy. These daily alerts are designed to guide you in making profitable trades.
91% Win Rate Blueprint
New members will get access to a private blueprint called “91% Win Rate: The Daily Payout Plan.” This detailed guide explains the trading strategy, outlining the simple rules behind the system and how to execute the trades.
Three Simple Trading Rules
You’ll receive daily reminders of the three simple rules that underpin the system. These reminders are designed to help you stay focused on the strategy, making it easier to implement the system consistently.
30-Day Money-Back Guarantee
If you’re not satisfied with the service within 30 days, you can request a full 100% money-back refund, no questions asked. You can try the system with real money or paper trade the picks and still get your refund if you decide it’s not right for you.
Customer Support
You’ll have access to dedicated customer service that can assist you with any issues, questions, or concerns you might have during your trial period.
Access to Historical Performance Data
The system provides performance breakdowns of past trades, showcasing the success rate and overall returns, which helps you understand how the system has performed over time.
In essence, you get daily trade picks, an educational blueprint, a straightforward strategy, a satisfaction guarantee, and reliable support to help you get started and profit.
Final Words
With Hugh and Ahren working together to develop and fine-tune the Daily Payout Plan, Pick of the Day offers a powerful and easy-to-implement strategy for traders looking to generate consistent, low-risk returns. The goal is to achieve consistent, small wins. With minimal time commitment, clear guidelines, and a 30-day money-back guarantee, it’s an accessible and scalable option for traders of all experience levels.