With last week’s rousing recovery, small-caps now sit a whisker from record highs. The last quarter of twists and turns, of whoops and whirls, is now a memory. With all lost ground now recovered, it’s worth taking a moment for retrospection. What should we have learned from all the drama?
So over the last couple of weeks, we have found a couple of tools to put into our toolbox and this is going to slim down the time it takes us to research our quality trades. We went through a spreadsheet that can help us calculate our entries, exits, and targets. This same tool also
Last Update: July 2021 Today we’re combining options and technical analysis. It’s a match made in trader Heaven and thus delivers happiness and, hopefully, dough – lots of dough. Tackle’s resident wisdom dispenser, Mark, suggested the topic, so I’m running with it. First, let’s make sure we all understand support and resistance. Then, we’ll talk
Tackle Traders! So about a year and a half ago, in a bourbon-fueled conversation, Matt and Tim Justice and myself were speculating on my next move after Legacy. I was leaving the road with Matt, Beau, and Trace due to some personal issues; that, and my trading returns were exceeding my income at the time.
Long-time readers know I’m a fan of scaling in. I paid homage to the powerful tactic in a recent post titled The Lost Art of Scaling. I also mention it from time to time in the Options Report. Today I want to address an insightful question from Perla that will allow me to elaborate on
Today, we’re focusing on 2 bi-directional strategies: Long Straddle and Long Strangle
“What has happened in the past will happen again and again” – Jesse Livermore Hello Tackle Traders! I am going to take a guess and say that most people today use some type of social media to connect with friends, family, and colleagues. A lot of businesses have also embraced the world of social media either
So last week we used the technique of checking the sector to enhance our probability of success in a trade. I called it “churching up the trade”. There is, even more, we can do to give ourselves an even better chance of being on the right side of a trade. What if when we started
You might’ve asked yourself at a certain point: “How should I start to make this trading activity a business?”
Three blogs and a little over a month have passed. Since the first one, we have kept an eye on the market and reviewed a few trades. We have also planted a few veggies with profits from trading the EH system and watched them grow. And finally, last week we experienced first-hand the importance of trade management as a
I spotlighted Petroleo Brasileiro (PBR) in the Options Report two weeks ago on account of its mouth-watering bull retracement pattern. Then the stock plunged some 13% overnight on the following news. This is an excerpt from a Fitch Ratings press release
— Dave, do you mind if I ask you a personal question? — No, not at all. — I’ve wondered whether you might be hiding some second thoughts about the mission. — What do you mean? — Rumors about something being dug up on the moon. I never gave these stories much credence. But
≈ Diving deeply into the jungles of Brazil. ≈ Last week, Petroleo Brasileiro S.A. (NYSE: PBR) illustrated how extreme the world of financial markets can be. From the deepest of the deepest forests in the world, the almighty Anaconda showed its ugly face and gigantic body to investors. There are no technical analysis skills
We have drilled down our process even more with last weeks diddy. We looked at the streamlining of our market bias by looking at the Overall Market and the Sector, then the Industry group and then finally the Stock itself. This confirmation of similar direction can put the odds more in favor of a trade
Learn how to buy dips and sell rips with the Short Strangle.
≈ 300 years of protection. ≈ If you could build a system that protects your investments for 300 years, what would it be like? HEDGE is one of the most important topics you can learn as a trader/investor. If building wealth is already a hard task on itself and usually takes a whole life
How do you know if you really understand something? When you can teach it to your wife/husband, on their terms. This is Part II of “Can you teach?”, featuring: your wife/husband. Last week we paused the Daily News on the following question: Can you explain how your system works to your wife/husband? One of
Remember, the potential profit is $1.00 for the entire month. To see a profitable condor flip from up 40 cents to down $1.20 in one day can be gut-wrenching, to say the least. And, here’s the deal, the very next day (May 31st) RUT dropped enough for the Condor to return to $1.00.
Hi there Tackle Traders! If you’ve been a member of Tackle for a while you know that our coaches here love what they do and more importantly that you love and see value in what Tackle puts out daily to help you in your trading journey and daily routine. They also love sharing stories about
Therapist:” OK, tell me your problems.” (grabs a pen and a notepad) Trader A “I’m in a situation where I have many trades going on all at once and I’m feeling like throwing spaghetti on a wall to see if it sticks.” Trader B “Last week I got 10 naked puts running on +$100
Time is the most underrated asset out there. Nobody gives a damn about it and then suddenly SNAP!, you’re 60 wishing you were 20 again with plenty of… time. There is one tip we want to give to you regarding how you use your time, especially if you’re a new trader. Have you ever
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.
