≈ Trading for profits ≈ Learning to trade is a process. When you’re new, it can be intimidating to jump into the market. When you jump in, it can be emotionally difficult to learn how to win, lose and develop your skillsets. But, if you develop proper trading habits you should be able to trade
≈ You’ve got to put the work in. ≈ Our daily lives often become a series of routines. Too often these routines gravitate towards comfort or avoidance of pain instead of routines that can help us thrive and reach our goals. For example: Person A: Gets up in the morning, eats Lucky Charms, showers and
If you want to win, you have to learn to lose. If you don’t, financial peril awaits. I want to shed light on losses with a focus on how to think about drawdowns in trading systems.
Hola amigos! In the last few blogs I spent some time reviewing the current market situation and how to trade with it. I also shared the “Cold-Shower Effect” concept that I learnt a few years ago, and as always we reviewed the picks from both the Clean and Dirty lists. We also talked about Environmental
≈ It’s a whazy. It’s a woozie. ≈ – “[…] Nobody knows if the stock is going to go up, down, sideways or in circles. […] It’s all the fugazi. You know what a fugazi is?” – “Fugayzi, it’s a fake.” – “Fugayzi, fugazi. It’s a whazy. It’s a woozie. It’s fairy dust. It doesn’t
Olá Tackle Traders!! Your girl Jess is back in the house! Sorry for being away for so long, but I’ve been busy with the team putting some amazing things together for you all. With all of this craziness going on in my life, I always seem to have trading on the backburner and not give
≈ He’s everywhere. ≈ – Give up. Just quit. Because in this life, you can’t win. Yeah, you can try. But in the end, you’re just going to lose, big time. Because the world is run by The Man. – Who? – The Man. Oh, you don’t know The Man? He’s everywhere. In the White
Hey Rookie Traders! This week’s blog is going to address some common issues that Rookie traders face and of course, we will update our MRK trade. When most folks begin trading they have a certain image of what trading is or what it can do for us as individuals. These images come
≈ What is real? ≈ – “This is your last chance. After this, there is no turning back. You take the blue pill – the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill – you stay in Wonderland and I show you how
≈ Don’t let fear lead to ignorance. ≈ Coach Matt found an amazing survey from Betterment where the investment firm asked investors about their attitudes, risk tolerance, investments and perceptions of the market since the financial crisis of 2008. The entire survey was fascinating. You can read the whole thing here. Some of the key
Is there anything more satisfying than being wrong, yet still making money? No sir!
There is one piece of the puzzle required to go from a “good amateur trader” to a professional one. And that is hedging.
≈ What can make me feel this way? My girl. ≈ T: – All right, now I want you to go to Add Simulated Trades tab and type in SPX. [… here’s the tab … typing SPX … ENTER] C: – OK, now what? T: – Now I want you to find contracts between 45
How to Make Trade Timing Irrelevant? Read the full story here.
Hey Rookie Bloggers! In this week’s blog, we are going to talk about something that every rookie looks for when starting down the path of trading. When most people start trading they tend to look for a holy grail or perhaps a set of instructions that are going to bring them large bucks! This
I love the options greeks for many reasons. One will be on full display today. Delta is a multi-faceted metric used by traders a variety of ways. Perhaps one of my favorites is to use it as an equalizer.
≈ Wisdom from Dr. Van k. Tharp ≈ Dr. Van K. Tharp is a pioneer in the trading coach field. He has personally interviewed thousands of traders to determine what makes them exceed in their profession. He is the author of the best-seller Trade Your Way to Financial Freedom, published in 1998 and still a
≈ One step at a time. ≈ When you analyze the markets, you should always start at the top. By looking at the broad indices first, like the S&P 500, Nasdaq 100 and the Dow Jones Industrial Average, you can get the birds eye view of what is happening before you concern yourself with individual
≈ No more! ≈ A simple message to start your week off for all of us in the Tackle Trading community. Zero excuses this week on why we do not achieve our weekly goals. Excuses are like air, they exist constantly surrounding you wherever you go. Excuses are common: When you ask a six-year old
Pull up a chart of SPY, QQQ, or IWM and survey the behavior in September. You’ll discover it was a premium seller’s paradise. Low volatility? Check! The SPY traded in a range of $6.87 which translates into 2.37%
[Portrait of Frank Sinatra, Liederkrantz Hall, New York, N.Y., ca. 1947] (LOC) Gottlieb, William P., 1917-, photographer. ≈ I’ve got you under my skin. Where does it hurt you, baby? ≈ Once we reach a certain level of mastery of the trading craft, we feel like we are (finally) settled down. Symbolically, the osmosis is
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.
