Well someone hasn’t been minding the store. Here we are in mid-August and I’ve yet to do my monthly rumination. Just think what lessons I might have lost from July’s trading!
That is the power of having a community of traders to support you. That is the power of Tackle Trading. Continue reading to learn my story on how I got back by momentum.
Like any freely traded asset, the price of an options contract is driven in large part by supply and demand. When options are in BIG demand, their premiums rise.
Howdy Tackle Traders! This last week was festival week for Rob and myself. So, every year in Budapest there is a little haunt organized called Sziget Music and Arts Festival, which is a freaking blast. I’d highly suggest it to anyone with a functioning pair of hips and a taste for the uncanny. Fortunately nobody
VXX is one of the most complicated products on the planet. I’m all for trading it! Trade it every day if you want.
The workers of the idea factory in my head have gone on strike this morning. Little buggers probably can’t read a calendar and think it’s already Labor Day.
Traders born in the equities market are obsessive about one principal question: up or down?
In a perfect world, price gaps would be eradicated and liquidity would reign supreme. Sadly, such an idealistic realm only exists in theory.
How do options behave and, perhaps more importantly, why do they act so? This will be the topic of today’s missive.
How goes it Ladies and Germs!? So last week we got a taste of Europe after the sun sets—that uncanny aspect to Travel. This week, however, were going to where the sun rises. We have been getting around in Rob’s Grimace Van which sleeps two and has 3 functional gears. Its hilarious and keeps us
The close of each month provides a time for reflection. I scour my trade journal in search of clues, lessons left by winning and losing trades. I’m convinced that there are only so many mistakes you can make.
We meet again. This week we are going to move right into goal setting. Goal setting is going to be the foundation on which successful trading is built.
Today’s tale is a cautionary one. It’s also personal and true. It will be laced with lessons, painful ones.
In this article, we are going to focus on how to sidestep direction and bet instead on volatility.
Howdy Tackle Traders! Now I am in Finland! It’s an amazing country with no poverty, progressive taxes, and no ultra rich basis. Its a bit pricey but the quality of life and infrastructure available is amazing. My first impression was that I have never seen so many people smiling, chatting, and socializing. It was a
For all of you, who just like me, felt insecure about a certain strategy, and how to apply it, I have one thing to tell you: BACKTESTING!
Last week we kicked off our exploration of volatility trades with an emphasis on how to go long volatility. Today we look at the alternate scenario – what to do when you think a stock will move less than expected.
I have a confession to make – I never used to backtest, ever. Blame it on my ignorance.
In the first part of our backtesting series, we explored the what and why of the process. Today we get down to brass tacks and talk about how to go about backtesting.
Welcome to the third and final installment of our series on backtesting. You selected a strategy and systematized it, and now you want to see how it would have performed.
Hello Tackle Traders, for those of you that are familiar with the Environmental Hedging weekly adventures of Mr Robert Shannon and the title of this weeks blog do not exactly fit with the lifestyle of a free bird 30 year old retired Bob Shannon. Nope, this is Cody Maki substituting for this weeks edition of
Learn to generate monthly cash flow from the financial markets and how to grow long-term lasting wealth. Tackle Trading is an amazing online community for active traders that is led by seasoned market professionals. Tap into the power of Tackle Trading’s proven trading system and learn how easy it is to make money with the proper coaching and education.
