≈ A gardener like that one, no one can replace. ≈
How successful traders and investors are born?
That is a million-dollar question. The search for the Holy Grail. The financial markets are, in a way, similar to a rainforest, like the Amazonia. People that are courageous but cautious, consistent and persistent will strive and survive, whereas the bold, uncautious and arrogant ones will be swallowed and will never be seen again.
Our answer to that question is simple: you must master the Holy Trinity of Trading. This is so important to us that we are dedicating the three next editions of the Trading Justice newsletter to the topic. Sign up so you won’t miss it. It’s free.
The first step is mastering Portfolio Design, which represents the balance inside the Trinity. A well-balanced and well-thought-out portfolio can work wonders. Like flowers in a garden, individual positions will perish. The contrary is also true and some positions will blossom and bloom in wonderful profits. The consolidated result counts much more than individual positions.
A skilled trader is also a skilled gardener of his/her own portfolio.
~ Johnny, can’t you come out to play in your empty garden. ~
Chart of the Day
Start with WHY
The Portfolio Design must start a philosophical questioning: WHY. There is no such thing as a perfect one-size-fits-all portfolio design out there because each one of us possesses a different WHY. That is when you need some guidance and the most appropriate will only come from a Mentor. We’ve also covered this topic in great details in the System Development 101 series. Sit down with a Mentor and set your goals.
Video of the day
What is An Investment Portfolio
An investment portfolio is a collection of your investments including:
Stocks, Bonds, Cash, Real State, Metals, between other assets.
Today’s line up
Tales of a Technician
Tricky Crosscurrents
With Monday’s 1.19% pop, the Russell 2000 has officially risen 20% off its late-December lows. That’s aBEAST of a move in such a short span (6 weeks). The relentlessness of the rise is made clear with one stat: In the past 27 trading sessions we’ve only seen 5 down days.
Traders Lounge 11PM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
The Coaches Show Replay
If you missed last night’s episode where Coaches Mark Justice & Tyler Craig talked about the markets’ recent insane bullishness or would like to watch it again, check it out here.
Bear Market Survival Guide MasterMind Group 8:30PM EST
Owners of our premium system The Bear Market Survival Guide are invited to attend. System architect, Tyler Craig, will be showing how to apply the principles taught in the course. You will find the recordings to previous meetings 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
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.
Trading Justice Podcast Episode 307: Recession Triggers
In this episode of the Trading Justice Podcast, Matt and Tim discuss the 14 points of a recent report from a market analyst detailing the potential catalysts that could trigger a recession in 2019. Listen to this episode on the player below:
Financial freedom is a journey
The Tackle Today series is brought to you by Tackle Trading.
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
# Sign up now for a 15-DAY FREE TRIAL #
Legal Disclaimer
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.
2 Replies to “Tackle Today: Empty Garden 🥀”
Great article! Love structured information and the way you explain concepts, Christian 🙂
Spasibo, Maria!
Comments are closed.