Traders,

Last night we hosted this month’s Cash Flow Condors Mastermind Group meeting. The system is designed around systematically selling condors on the Russell 2000 Index. It’s based on five principles.

First: you want to profit from time decay.

Second: you don’t want to time the market.

Third: you don’t want to pick a market direction.

Fourth: you believe the market exhibits mean reversion.

Fifth: you want to profit from volatility risk premium or the persistent overpricing of options.

Together, these five items form the basis for the system. They explain why someone would use it and what market dynamics they rely on to drive their profits. If you find them intriguing and want to follow along with how we enter and manage the system, check out Cash Flow Condors and join our monthly meetups.

Video Of The Day: Trade Masters – Hot Trading Picks From Tackle Trading

Every Wednesday at 7 PM EST join us on the Trade Masters Show where two Coaches go head-to-head to see who can find the best #tradingsetup.

Chart of the Day: GOOGL

GOOGL scored a long-awaited breakout yesterday continuing the theme of mega-cap Tech leadership.

Today’s line up

Traders Lounge 11 AM 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 8:30 PM EST

Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.

Halftime Report 12:30 PM 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 the coaches at Tackle Trading can deliver.

Financial freedom is a journey

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.

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