Market Taker Mentoring

Dan Passarelli on Post-Election Winners and Market Strategy 📊 Oil, banking, and manufacturing stocks rallied after Trump’s win – just as Dan forecasted! Stocks like Chevron and GEO Group surged, with GEO up nearly 39%. The big question: is there room for more growth? Join Dan in his daily coaching sessions for detailed analysis, and secure access before prices increase! Special rate for a limited time: markettaker.com/99. #MarketUpdates #ElectionResults #InvestmentOpportunities #TradeSmart

Dan Passarelli on Election-Day Market Strategies: While reviewing today’s trades, Dan observed neutral setups in FSLR, such as iron condors and time spreads, which could indicate traders’ expectations of delayed election results. The setups align with support and resistance levels but show neutrality—a position that can potentially limit risk amid volatility. Interesting approach for a day filled with uncertainty! #MarketNeutral #Election2024 #TradingInsights #IronCondor #RiskManagement

Dan Passarelli here with insights on uncertainty, volatility, and what this election might mean for the market. Historically, the S&P 500 often rallies in the week following a presidential election as market uncertainty fades. And with volatility and market movement often moving in opposite directions, this week presents an opportunity to monitor for a shift in sentiment. Let’s trade smart. #MarketUpdate #Election2024 #Volatility #InvestmentInsights

Happy Friday! Today’s market saw a slight lift but closed with a red candle, reflecting a struggle to push higher. Despite only 12,000 jobs added last month—largely due to recent hurricanes and strikes—the market rallied, possibly as investors hope the Fed may ease rates to support the economy. With the U.S. election on Tuesday and the Fed announcement Wednesday, next week will be packed with opportunities. #MarketWrapUp #FedWatch #Election2024 #MarketStrategy #TradeSmart

In options trading, setting hard profit-taking targets can be game-changing. By placing GTC sell limits for debit positions and buy limits for credit positions immediately, you manage risk proactively. Having these orders in place ensures you’re prepared for that one moment in the day when an order might fill, whether you’re watching or not. It’s an easy step to take, yet it’s often overlooked. Read the full blog: https://loom.ly/Mwpogbo #OptionsTrading #RiskManagement #ProfitTaking #TradingTips #FinancialPlanning

Today’s market action was led by a tech sector decline, with Microsoft down 5.7%, NVIDIA down 4.1%, and SOXL dropping 11%, pushing NASDAQ down 2.2%. The VIX rose to 22.86, indicating increased market nervousness ahead of next week’s election and Fed meeting. Important data releases tomorrow, including weekly unemployment, could add more fuel to the fire. The market presents both challenges and potential for those tracking technical indicators and using sound risk management. #MarketUpdate #Volatility #FedWatch #OptionsTrading #MarketSignals

Today’s interesting earnings setup: A large Iron Condor trade on Meta surfaced in Wing Spread Genius, showing a professional-level bet of 1,000 contracts, with 12.5% room on the downside and around 14% upside before trouble. This trader is clearly betting on Meta’s price staying within a defined range after earnings. It’s a calculated move with high capital and active management. If you’ve explored iron condors, especially around earnings, you know the importance of risk management and timing. Thoughts on trading condors around earnings? #OptionsTrading #IronCondor #MetaEarnings #RiskManagement #ProfessionalTrading

Market Update: The S&P 500 remained relatively flat today, edging up 0.1% on low volume. Key indicators to watch this week include PCE, GDP, and unemployment data. The Fed’s November 7 meeting is highly anticipated, with a rate cut looking likely—any surprises here could impact market direction. Let’s keep an eye on the data and prepare for potential volatility. #MarketUpdate #FedMeeting #EconomicData #SmartTrading

As traders, mindset is key to consistent performance. Here are three techniques to boost your results: 1️⃣ Avoid the sunk cost fallacy—don’t hold onto a trade if it’s not serving you. 2️⃣ Watch out for the status quo bias—change strategies if needed. 3️⃣ Cultivate a positive attitude! Losses are part of the journey, but keeping a balanced outlook can help you stay focused. #TraderMindset #GrowthMindset #TradingSuccess #ConsistentPerformance

Happy Friday! Wrapping up another week, but next week promises a wealth of market-moving information. From earnings reports on major players like Apple and Amazon to economic indicators like GDP, PCE, and jobless claims, it’s shaping up to be a week full of opportunities. 📈 With the VIX near 20, it’s a rich environment for income trades. Stay prepared, and let’s navigate the data together! #MarketUpdate #EarningsSeason #EconomicOutlook #VolatilityTrading