Kia Ora Tackle! Since the last blog, I’ve made my way into the iconic South Island of New Zealand. “This is the place” as Brigham Young once said. That, or maybe Loyd Christmas’s statement on Colorado as fitting: “It’s a place where the beer flows like wine and the women flock like the salmon of
Last update: August 2021 For the degenerate speculator, long calls are the best. They offer a leveraged payoff that keeps you coming back for more. Of course, that’s if you’re right. The challenge is they’re dang tricky to minimize loss with if prices sour. But that’s a topic for another day. Today we’re talking about
Perhaps the first thing to recognize is that everything on Wall Street is adjusted for the risk-free rate. Think of it as the rate of return on an investment with zero risks.
OK…let’s be real? How many of you went out and watched the movie Dodgeball after reading last weeks blog? I know I did because that is just classic cinema, or as Bania said it in Seinfeld… its gold Jerry! It’s gold! LOL If you haven’t had the time to peruse last week’s edict of the
Years ago the CBOE rolled out a slate of strategy benchmark indexes. One of them is the CBOE S&P 500 BuyWrite Index ($BXM)
Hello Tackle Family! What’s good Tackle Traders! For those on the East coast I hope you are enjoying your snow day today and to you folks further north in Philly all the way up to Boston I’m sure you’ve seen enough of this snow. So much for spring, right!? In any case, it’s good to
Kia Ora Tackle! So the South Island saga continues… even though I am in Tasmania at the moment, lol. In short, both Matt and myself were caught up in our dealings and posting this blog became difficult, i.e. lack of internet, drastic time differences, and travel schedules. However, we’re going to get you caught up in
Price gaps are a pain. They rob traders of ideal entry points and throw a wrench into clean price patterns.
“See, there are two kinds of doctors. The kind that gets rid of their feelings. And the kind that keeps them. If you’re going to keep your feelings, you’re going to get sick from time to time. That’s just how it works.” That’s Dr. Mark Greene, the fictional medical doctor from the television series ER,
OK…let’s be real? How many of you went out and watched the movie Dodgeball after reading last weeks blog? I know I did because that is just classic cinema, or as Bania said it in Seinfeld… its gold Jerry! It’s gold! LOL If you haven’t had the time to peruse last week’s edict of the
How was the scanning? Did you try it out? Did you practice scanning for specific items? This can seem somewhat daunting for some but it really does get easier the more you practice it. As you move through your trading journey you will most likely find that you scan less and less as you ill
This week’s tech wreck provides a tantalizing teaching opportunity. Let me say at the outset that this is merely an example, and is not a trade recommendation. It’s time you learned how seasoned option aficionados use oversold markets and high implied volatility to sell pumped-up premiums. We’ll also sprinkle in the scaling-in technique to guarantee
In the famous words of Admiral Ackbar in the timeless classic The Return of the Jedi… “It’s a trap!” “Technical Traps” can be a thorn in the side of the active trader, and if you’ve been trading for a while now, you’ve probably been caught in a trap or two. Bullish or bearish, the technical
Kia Ora Tackle! Last week we were part 2 of 3 of the South Island power saga. This week is the final chapter of New Zealand and also my mother and grandmother’s last week in the country. We, obviously, had an incredible time out there and was very glad they got to see
In continuing with our exploration of portfolio structure, today we’re addressing how an active trader might go about deciding how to allocate his portfolio. If you’re serious about learning this, then I highly recommend reading my previous piece on portfolio context to understand the different investment approaches.
How was the scanning? Did you try it out? Did you practice scanning for specific items? This can seem somewhat daunting for some but it really does get easier the more you practice it. As you move through your trading journey you will most likely find that you scan less and less as you ill
Did you think about Risk/Reward? Did you look at your win/loss percentage to see how good you are at picking the direction? Some folks are very good at picking the right direction but most are not and as long as you know where you stand on that scale from good to bad then you can
I’ve sat at the feet of two traders who were masters at scaling. One deployed the tactic with options, the other with forex. I caught a glimpse of the idea’s brilliance from the first gunslinger, but it was the second’s explanation and illustration that really sealed the deal for me.
Hello there traders, what’s up? Hope you are doing great and taking full advantage of this 2018 volatility so far. I have the tremendous honor to share with you that I will (try to) to cover up for my friend and mentor Bobcat Shannon every now and then, whenever he is lost in a middle
Market analysts can view the market through different lenses. Each is tinted a distinct shade providing varying perspectives on the behavior of stock prices. One of the more interesting glasses and one that is crucial to your understanding of our currently volatility-ridden marketplace is correlation.
The systems of successful traders are as wide and varied as the traders themselves. But they all possess one essential element: edge. Consider it the reason why the system produces profits over time. Many traders make money. Some know the specific edge of their system. Fewer still can articulate it. Here’s an example. The Condors
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.
