≈ What is real? ≈
– “This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how deep the rabbit-hole goes.”
—The Matrix (1999)—
Unskilled and unaware. That’s a place where nobody wants to be. Like the Thanksgiving turkey, markets are being fed with liquidity day in day out. Money, money, money. Your trust, confidence, and affection for the system grow, like the turkey’s for his owner.
Suddenly: BAM!!, the axe goes down and the turkey is you. Next thing you’ll hear is some bureaucrat showing a yellow smile on a press conference feeling deeply sorry for what happened (killing you).
How to be skilled and aware? How not to be the turkey on a turkey market? How not to be the battery that powers the Matrix? At this point, you might be thinking.
First of all, you’ve got to take the Red Pill. Once you take it, there is no turning back. The desert of the real will reveal itself to you. You will then look yourself in the mirror and realize YOU are the turkey and that guy staring at you is The Man who’s feeding you not from love but because YOU are his dinner.
The next step is to take action. But first, you’ve got to have a plan.
We are preparing the Red Pill for you together with a plan here at Tackle Trading. You stay in Wonderland and we’ll show you how deep the rabbit-hole goes. Stay tuned.
Chart of the Day
1000 and 1 days in the life of a Thanksgiving turkey
Consider a turkey that is fed every day. Every single feeding will firm up the bird’s belief that it is the general rule of life to be fed every day by friendly members of the human race ‘looking out for its best interests,’ as a politician would say. On the afternoon of the Wednesday before Thanksgiving, something unexpected will happen to the turkey. It will incur a revision of belief.” – Nassim Taleb, Black Swan (2007).
Video of the Day
Blue Pill or Red Pill – The Matrix
Morpheus (Laurence Fishburne) explains what the Matrix is and offers Neo (Keanu Reeves) the chance to wake up.
Today’s Lineup
ROOKIE CORNER
Let’s go hunting – Part III
This week’s blog is going to address some common issues that Rookie traders face and of course, we will update our MRK trade. When most folks begin trading they have a certain image of what trading is or what it can do for us as individuals. These images come from many places. Sometimes they come from the images we see in Hollywood, such as movies like Wolf of Wall Street or Trading Places.
Coaches Lounge 11am EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Cashflow Club 8:30PM EST
Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.
Cash Flow Condors MMG replay
The Condors for Cash Flow system is a high probability option selling strategy designed to generate passive income over time. If you could join us last night or would like to watch it again, click the link below.
Halftime Report 12:30pm EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Market Recap 4:30pm EST
The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.
