The Million Dollar Strategy Revealed: The 9 on 10
If there’s one strategy I’d bet my house on, it’s the “9 on 10.” There are countless trading strategies out there, ranging from simple to complex, but they all share one goal: making money on price movement in the stock market. In this brief note, I’ll break down what the “9 on 10” is and how you can use it to potentially rake in profits.
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What is it?
The “9 on 10” stands for the 9 Smoothed Moving Average (SMA) on the 10-minute time frame. An MA, or Moving Average, is a key indicator in technical analysis that smooths out price data to minimize random, short-term fluctuations. This helps in plotting a trend line, which can act as support or resistance. For instance, the 200-day smoothed moving average (200D) has more lag than the 20D because it covers a longer period. On daily charts, the 50D and 200D are crucial, but here we’ll focus on shorter-term SMAs to leverage intraday movements and momentum.
How do I set it up?
Most trading platforms allow you to plot MAs on your chart and customize their display. Even though this is a “9 on 10” tutorial, I’d suggest adding the other to your chart as they can be useful to have. Here’s how I set mine up in TradingView:
• 9 SMA (Yellow)
• 20 SMA (Pink)
• 50 SMA (Red)
• 200 SMA (Gray)
Check out the screenshots above to replicate my setup. Next, let’s dive into how I trade using this strategy.
Search “Moving Average” and select “Moving Average Simple”
Input: Make sure Length is 9 (for the 9 on 10) and smoothing 5. If you want the 20 on 10 then switch the 9 to 20 (keep smoothing 5).
How do I trade it?
First off, I’m mainly an intraday trader, relying on momentum and volatility to make money. I use options to capitalize on small price movements as there’s inherit leverage. While the 9 on 10 strategy is shown on a 10-minute time frame, it’s adaptable to other time frames, suitable for different trading styles like swing trading.
Now, to the good stuff—how to trade the 9 on 10 strategy:
Step-by-step guide:
Identify a trending stock: Look for stocks with higher-than normal volume, where dips are being bought, and that trend upwards (bottom left to top right on your chart).
Watch for the initial surge: These stocks often surge at the open. This might feel like chasing, but the 9 on 10 strategy will help you time your entry. After the initial price move, watch for a pullback or consolidation. For example, in $NVDA’s case (see image below), this occurred after the third 10-minute candle, followed by a tight range consolidation.
Enter on the pullback to the 9 MA (yellow): This is a prime entry point as it indicates the short-term trend.
Manage breakdowns: Sometimes the 9 on 10 is broken. Use the 20 on 10 (pink) as a secondary support. If the 20 on 10 also breaks, it’s time to cut your losses. The 20 on 10 can also be an aggressive entry point for adding to a position as it’s very likely to bounce there.
Confirm the bounce: Ideally, the price should bounce and move back above the 9 on 10, aiming for the previous high of the day.
The 9 on 10 in action. Price is riding the 9 (yellow) almost all day long.
Final thoughts
Intraday trading is risky, but having a simple, effective strategy like the 9 on 10 can be a game-changer. It helps prevent FOMO by providing a reliable entry point after the initial surge. Follow this strategy, and you might just find yourself on the right side of the trade more often than not.
Who is Spacemonkey?
Silicon Valley to ‘The Street’
Before SpacemonkeyPRO, I spent a significant part of my career as a Product Designer in a leading tech firm in Silicon Valley. That role sharpened my ability to create meaningful, user-focused solutions—expertise I'm now applying to transform the way people approach trading. My goal is to shake off the misconceptions surrounding trading as mere gambling and introduce a more structured, predictable strategy. Emphasizing the importance of psychology, effective account management, and teamwork, I'm committed to leading members toward a trading philosophy where discipline leads to success.
When you’re ready, here’s how I can help you
I can help you by trading live with you, leveraging over a decade of experience and millions in profits. Over the last decade, I’ve developed a Playbook—a collection of strategies I use daily to trade any market condition, ensuring profitability and safety even when the market isn’t favorable.
