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Getting ahead in the early start of the trading day is all about preparation and focus. I’ve learned that success comes from a mix of the right tools, a clear plan and a dash of old-fashioned discipline.
Before the market opens, set up your space to keep distractions at bay — a new, spacious desk works wonders. I recently upgraded my workspace and realized how a fresh setup helps me keep my cool when the charts come alive.
Premarket Preparation
The premarket hours are crucial. I’m constantly monitoring email threads and news feeds to gauge potential market-moving events. I also take time to review my charts.
In my experience, trading is about spotting the early trends and reacting swiftly. Whether I’m checking bond moves, scanning for those flight-to-safety shifts or watching for the latest earnings news, I like my setup to be clutter-free and dynamic.
I always remind myself that success starts with the basics — sound preparation. I adjust my equipment and audio settings until everything is in sync. A well-organized station gives me an edge that goes beyond just trend-spotting.
For example, knowing that some stocks may gap early can mean the difference between catching a move or missing it altogether. When I see the market heading in one direction, I’m ready to play my part by trading credit spreads or exploring iron condors.
Trading Strategies in Action
Once the market opens, it’s time to implement your plan. I keep an eye on movements in areas like Communication Services (XLC) and Financials (XLF) while also monitoring high-energy candidates like tech names.
For instance, if the market shows a slight drop, I might look at sticking with my down moves on the S&P 500 — adjusting positions with puts on instruments like XSP. The key is to be adaptive. Markets can shift quickly, so having a strategy that lets you play both the up- and downsides is essential.
I remind myself frequently — preparation leads to confidence, and confidence fuels success. Whether I’m making a 100% play on my TLT calls or dialing in the optimal entry for a bank trade, knowing that I’m set up for success from the get-go makes all the difference.
Ultimately, a combination of disciplined premarket prep and swift strategic moves puts me in an excellent position to seize the day.
Set up early, stay focused and let the trading day unfold with purpose.
Order Flow:
This is for informational and educational purposes only. These are not official alerts issued by Lance, but rather some interesting orders picked by the team at Lance Ippolito Trading.
When you look at these plays, always take the market maker move into consideration.
You can be right on the direction but still lose money if the stock doesn’t move enough. That’s where the market maker move comes in clutch.
With puts, they’re often downside hedges in case a stock tanks, especially around earnings. The further out of the money they are, the more likely they are to be hedges.
Also be sure and check when the company’s earnings date is because many of the plays we post here are centered around earnings!
And finally, always remember the golden rule when it comes to buying calls: Buy dips, sell rips — and don’t chase!
If a stock’s moved a ton already today, maybe wait for a pullback.
There is inherent risk in trading. Trade at your own risk.
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
Important Note: No one from The TradingPub team or any of its associated brands will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. This Setup Handed Lance a 96% Win Rate in a Terrible Market
About $11 trillion has been lost over the last 10 weeks…
Yet I was able to nail a 96% win rate on a daily setup for 4PM Payouts.
Let me show you how it’s done!
