Market Excitement for Inauguration Day
Dear Traders,
Yesterday was the final day of trading before the new president, Donald Trump, takes office on Monday, January 20th. Inauguration Day happens to fall on Martin Luther King Jr. Day, which is a U.S. holiday, so the market will be closed.
In anticipation of the new president taking office, the market gapped up yesterday, and many stocks experienced a bullish trend without any fundamental catalysts. As always, many of us in the community, including Avi, Brian and I, enjoyed the gap up and the market volatility, making some nice profits. I made a very educational recap about my trades and options trading. Make sure to watch it and leave your questions and suggestions for the next recap in the comments.
While I was excited about my $30K profit on $TSLA yesterday, Avi quickly turned things around by sharing his trade! He took the exact same trade as I did, but on options! While I only profited $30K trading Tesla stocks, Avi cashed in $60K by leveraging his capital to trade the same stock on options.
This is why it’s so important to learn about different trading tools. Leveraged products can be extremely profitable, but you have to be extra cautious with them—especially options—because you can quickly blow up your account if you’re on the wrong side of the trade. You need to know what you’re doing and have a plan before entering a trade. If you’d like to learn options trading, make sure to watch Avi’s course on Trading Terminal.
Remember the market will be closed on Monday, but our onboarding session with Carlos at 8 PM EST is still happening in the onboarding room.
In honor of Martin Luther King Jr. Day, we decided to offer our two most popular memberships at a 50% discount for a few days. You can get 1-year full access to the Bear Bull Traders community with an Elite Annual membership or upgrade to a Diamond membership to also access a $50,000 funded account.
JOIN FOR 50% OFF
Lastly, we are just over two months away from our 3rd Annual Live Trading Summit in Vancouver. The event has been a big success over the past two years, and we received great feedback from our guests. Feel free to check out last year’s photos here.
This year, we’ve made the event even more special by adding a TEDx event before the original summit. We have accomplished speakers from around the world taking the stage on March 29th. Make sure to reserve your spot before it’s too late! I’m also planning a ski retreat to Whistler after the 3-day event, which you can join. Many of our moderators and members will be there.
To your success,
Andrew