⚡ eBook: 10 Recession Trading Strategieshttps://timingresearch.com/LR2POD

 

This episode: Dan Passarelli of MarketTaker.com from 10 Recession Trading Strategies

 

Summary: Dan starts his presentation explaining that traders need to remember that things have changed and the strategies they have been using may not work any more, “all strategies work until they don't,” but good traders change with market conditions. Dan then looks back over the past 10+ year bull market and shows how easy it was to make money but pints out that the situation has changed and different skills are needed. Next, Dan explains that in his experience no one learns to trade options “in a vaccum” – by themselves – a community or coach is always needed to help someone become a successful trader. Finally Dan talks about some types of options trades that do work in a recession, including volatility trades and time spreads.

 

Bio: Dan Passarelli is an author, trader and former member of the Chicago Board Options Exchange (CBOE) and CME Group. Dan has written two books on options trading — “Trading Option Greeks” and “The Market Taker’s Edge.” He is also the founder and CEO of Market Taker Mentoring, Inc., a leading options education firm that provides online options education, options newsletters and personalized, one-on-one coaching for option traders. Dan also contributes to financial media such as TheStreet.com, FOX Business News, Bloomberg Television, BNN, Public Radio (NPR), and the CBOE blog. And he has a weekly featured video on CBOETV.

 

LR2 Description: We asked 10 trading experts to share a short presentation with us on their ideas and opinions about trading in a recession. We arranged these presentations for you as both a PDF eBook and video series, click on the link above to access the full info from this series.

 

The Lightning Round (LR) is a new series from TimingResearch in which we will bring you shorter presentations from a variety of experts on narrower topics. Visit timingresearch.com to access our full catalog of free educational info for traders and investors.

 

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