Weekly Wrap 9/5/14 | Tackle Trading: The #1 rated trading education platform

Weekly Wrap 9/5/14

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It’s 11:15 am EST as I write this.  And my week will be closing up at Noon EST.

In trading, it’s smart to set goals. Daily goals, weekly goals, monthly goals and overall portfolio goals.  When you hit them, don’t fight the tape. Take your profits and move on. Your daily routine can last for 30 minutes, 2-hours or all day. It’s up to you. The question is: what do you want your day to look like?

Some days I plan on sitting down and trading all day. Others, like today, I want to hit some goals and move on.  To each their own.  But remember, your trading business is YOURS not someone else’s.  Forming your own style and identity is very important for any trader. As you gain experience, try to identify what you do well and also when you are most comfortable and in the zone.

Confidence swells from being positive. I woke up this morning and KNEW I was going to have a great day.  Why? Because I believe in positive affirmation and I let that energy flow throughout the day. You should be excited to log into the markets during your routine. Develop techniques that protect and foster that confidence.

If you’re a new member to this site, look around and participate in the discussions in the club house.  Listen to our podcasts that we just posted this week and look forward to the Newsletter that we publish over the weekend.  The newsletter is available to Rookies, Pros and All-Stars.

Have a successful day!  And just for kicks, here’s some Yoda with a great life lesson.

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Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis.  This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise.  Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products.  By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials.  In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

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