Black Swan Events - Ft. Dan Passarelli

53m | Feb 29, 2024

Dan Passarelli, the founder and CEO of Market Taker Mentoring, shares the lessons he has learned along his trading journey, emphasizing the importance of having an edge in trading and managing risk. Dan also discusses the role of community in trading and the need to learn from both successes and failures. He highlights the significance of understanding option Greeks and volatility in trading strategies before discussing the typical path traders take to profitability and the challenges they face along the way. He emphasizes the importance of having a trading plan and following it, as well as the need to consider individual risk tolerance, goals, and lifestyle when creating a plan. Dan also highlights the significance of having a plan to follow your plan, as emotions can often derail trading decisions. He shares that backgrounds in piloting, engineering, and music can contribute to success in trading due to their emphasis on discipline, pattern recognition, and creativity.

Click here to explore a choose-your-own-adventure video on option trading!

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About the Panelists:

Dan Passarelli:

Dan is the Founder and CEO of Market Taker Mentoring, a leading option-trading education firm that provides online options training, newsletters, and personalized one-on-one coaching for options traders.

He has trained over 100,000 traders in 50+ countries—many who have seen results good enough to become full-time pro traders. 

After beginning his trading career on the floor of the CBOE as an equity options market maker, Dan joined the company’s Options Institute and began teaching both basic and advanced trading concepts to traders, brokers, money managers, and market makers.

In addition to his work with the CBOE, he has been an invited speaker and taught options strategies at the OIC, ISE, CME Group, Shanghai Futures Exchange, and many leading options-based brokerage firms—both nationally and abroad.

Dan has a passion for sharing his knowledge and expertise in options trading, and he has authored two high-selling option-trading books, Trading Option Greeks and The Market Taker’s Edge.

He is a frequent contributor to Bloomberg Business Television, FOX Business News, The TD Ameritrade Network, The Street, and CBOE TV; he is a resource to print journalists on markets, trading, and investing; and he shares trading strategies in well-attended online webinars.

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