{"id":16703,"date":"2024-10-01T13:42:00","date_gmt":"2024-10-01T17:42:00","guid":{"rendered":"https:\/\/mtatradeoftheday.com\/?p=16703"},"modified":"2024-10-01T13:41:20","modified_gmt":"2024-10-01T17:41:20","slug":"how-i-turned-market-chaos-into-a-trading-triumph","status":"publish","type":"post","link":"https:\/\/mtatradeoftheday.com\/how-i-turned-market-chaos-into-a-trading-triumph\/","title":{"rendered":"“How I Turned Market Chaos into a Trading Triumph”"},"content":{"rendered":"
Hey Gang,<\/p>\n
This market has put a lot of traders in a bind.<\/p>\n
No one denies the bullish trend in stocks right now. However, just as we saw today, things can turn on a dime, falling hard and fast.<\/p>\n
However, not every stock gets swept up in the selling landslide.<\/p>\n
All you have to do is know where to find them.<\/p>\n
To do that, we\u2019re going to dig into one of my favorite trade ideas I shared with Profit Surge Trader<\/a><\/u><\/strong> members yesterday during the LIVE session.<\/p>\n But first, I want to shed some light on how I see the market shaping up for October.<\/p>\n Current Market<\/strong><\/p>\n Earlier today (actually overnight), we got word that Iran planned to fire missiles at Israel.<\/p>\n Predictably, oil prices soared while the rest of the market took a beating shortly after the open.<\/p>\n At the same time, the volatility index (VIX) spiked to its highest levels in nearly a month.<\/p>\n The S&P 500 fell over 1.25%, wiping out all the gains for the last week and a half.<\/p>\n <\/p>\n If you were a buy-and-hold investor, you lost dollar for dollar what you gained.<\/p>\n But if you were an options trader like me, you had already locked in profits from the past two weeks.<\/p>\n Since September 19th, I have taken around ten trades in Profit Surge Trader<\/a><\/u><\/strong>. So far, I\u2019ve only had one loss, and I still have four open.<\/p>\n Of these stocks, I want to focus on Oracle (ORCL)<\/strong> today.<\/p>\n Why This Stock<\/strong><\/p>\n I rarely trade these bigger names unless they have heavy volatility, like Tesla or Nvidia.<\/p>\n In fact, the last time I traded Oracle was in August of 2023.<\/p>\n And you\u2019d expect a company like this to get pulled down with the rest of the markets.<\/p>\n But ever since it reported earnings on September 9th, the stock has shown considerable relative strength.<\/p>\n And that\u2019s precisely why it showed up in my S.A.M AI Scanner.<\/a><\/u><\/strong><\/p>\n <\/p>\n This 195-minute chart illustrates my TPS setup\u2019s three components:<\/p>\n Combining my TPS setup with relative strength greatly improves my odds of success.<\/p>\n However, I\u2019ve got one last trick up my sleeve.<\/p>\n You see, Oracle isn\u2019t just trading at new recent highs. It\u2019s trading at new all-time highs.<\/p>\n Every time the stock pulls back, there\u2019s a good chance short sellers put stop loss orders at the all-time high.<\/p>\n So, whenever the stock breaks to new all-time highs, odds are we\u2019ll see a short squeeze, where a short seller closes their short position by buying the stock back, pushing price higher, causing another trader to buy the stock back to close their position, creating a cascade of buying pressure.<\/p>\n Executing the Trade<\/strong><\/p>\n This combination of technical indicators and market insight allowed me to spot the opportunity in Oracle before the big move happened.<\/p>\n At 12:41 PM, I purchased the Oracle 10\/11 expiration $167.5 strike calls for $2.96.<\/p>\n Just over an hour later, at 2:44 PM, I sold them near $3.50, locking in a solid profit.<\/p>\n With the volatility we’re experiencing, I decided to play it safe and secure those gains. As I mentioned to my Profit Surge Trader members:<\/p>\n “With the volatility here, I’m going to play it safe and book these profits. I may come right back to this on a dip.”<\/em><\/p>\n This trade exemplifies how, even in uncertain markets, there are opportunities to capitalize on short-term movements if you have the right strategy and tools.<\/p>\n Ready to Navigate the Market Like a Pro?<\/strong><\/p>\n Finding these high-probability setups isn’t easy, especially when the market is as unpredictable as it is now.<\/p>\n That’s why I rely on my S.A.M AI Scanner<\/a><\/u><\/strong> to uncover opportunities like Oracle.<\/p>\n By combining advanced technology with proven trading strategies, I’m able to identify trades that others might miss.<\/p>\n If you’re tired of feeling overwhelmed by market volatility and want to learn how to turn uncertainty into opportunity, I invite you to join me.<\/p>\n Every Monday at noon EST<\/strong>, I host a Profit Surge Trader LIVE session<\/a><\/u><\/strong> where I break down the market, share my top trade ideas, and answer your questions in real-time.<\/p>\n But that’s not all.<\/p>\n We’ve recently enhanced our strategy with cutting-edge A.I. technology, giving us an even greater edge in the market.<\/p>\n Members who’ve joined me are seeing results that surpass what traditional strategies offer\u2014even in these challenging times.<\/p>\n So, are you ready to take your trading to the next level?<\/strong><\/p>\n Don’t let market volatility hold you back.<\/p>\n Click here to secure your spot and join me in the next Profit Surge Trader LIVE session.<\/a><\/u><\/strong><\/p>\n Let’s navigate these markets together and turn uncertainty into profit.<\/p>\n I look forward to seeing you there.<\/p>\n \u2014 Nate Bear<\/p>\n","protected":false},"excerpt":{"rendered":" Hey Gang, This market has put a lot of traders in a bind. No one denies the bullish trend in stocks right now. However, just as we saw today, things can turn on a dime, falling hard and fast. However, not every stock gets swept up in the selling landslide. All you have to do … Continued<\/a><\/p>\n","protected":false},"author":16393,"featured_media":16701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1038],"tags":[],"mobile_app_tag":[],"class_list":["post-16703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-of-the-day"],"acf":[],"yoast_head":"\n\n