Any time I hear of someone blowing up a trading account, particularly if they’re using a strategy anywhere remotely close to mine, I always take time to reassess my risk protocols.
Why can’t we just pretend we are part human, part machine and run our systems without hesitation?
Good Day Rookie Bloggers! So, we are seeing a rebound in the markets?? We talked about this in the previous blog and how this can be very deceiving and that we must exercise caution in getting too long or too short in too quick of a hurry. This is the crux of trading, when
≈ Keep it in your pocket. ≈ We are back with our Options Heuristics Series. To refresh your memory, the idea behind this series is “How can we explain the basics of Options so that our students can really learn, without getting confused with so many concepts, terminologies, and strategies?” By definition, a heuristic is
$AXP – you are a rockstar.
≈ Keep it in your pocket. ≈ Yesterday you’ve learned the (easy) definition for option Greeks. Today we will dissect the Greek Delta: Delta: Delta is the Greek that measures the sensitivity of the option price to a change in the price of the underlying asset. Can’t get any simpler than that. If the price
≈ Let’s discuss Crocs® ≈ Since last September we’ve been holding a special meeting every Friday after the market close. It’s our Scouting Report meetings. In these meetings we go through every sector, each one of the major currencies and also discuss entry, stop and target for each stock/ETF pick. It’s a tour de force
≈ And its impacts. ≈ The markets ended the week at a pivotal spot with bullish reversal signals starting to generate in several places heading into an eventful weekend. The G20 summit was held this weekend and the meeting of world leaders had the potential to dramatically impact several areas of the market. Because of
Every effect needs a cause. Sweet sounding and simple explanations make humans feel good. But never forget that the narrative doesn’t drive price. It’s the other way around.
≈ I’ve got so much honey the bees envy me. ≈ I don’t need no money, fortune, or fame. I’ve got all the riches baby one man can claim. I guess you’d say What can make me feel this way? My girl. I’ve sung this song the whole weekend thinking about the G2 meeting. Yes,
≈ Another song, another mile. ≈ No time left now for shame, horizon behind me, no more pain. Windswept stars blink and smile, another song, another mile. Blame it on the scars of the wars we have fought. Blame it on the declining hormone levels. Whatever the case is, we become older and wiser at
Hey Ya’all! What did you think of last weeks gift? Is it something that you can get behind or at least wrap your mind around? I hope so because that is the good side of trading. When we have the ability and opportunity to turn the bad into the good with a few clicks
The new market overlords bear the names of Volatility and Whipsaw. And they’re nasty brutes. The kind that steal your lunch money kick you when you’re down, and spit “yo mamma” jokes with pleasure. The antics of these bullies have been on full display since October.
Last update: August 2021 ≈ Cash Flow and Growth ≈ I put a poll question in the clubhouse recently asking the Tackle Trading community a simple question: Do you trade Covered Calls? If you haven’t answered the question yet, you still can HERE. Of the 5 potential answers, the breakdown was interesting. 38% said YES
≈ For some more volatility. ≈ We start the week with several major markets sitting at support (S&P 500, Dow 30, NASDAQ 100) and others recently broken through short-term support (Russell 2000). In additional all four of these markets are below their weekly and daily short-term moving averages and several other indicators are producing bearish
Bear market behavior is upon us. And the S&P 500 sitting only 10% off its highs doesn’t tell the real story. But if you have a widespread watchlist, you already know that. I saw a stat today that more than 50% of the S&P’s 500 stocks were already down more than 20% from their highs.
≈ Entry prices change as the pattern changes. ≈ On this weeks Forex, Commodity, Stock and Options reports you can find dozens of hand curated candidates that the coaches at Tackle Trading select for the week. When we build these lists, we know that some of them will trigger on Monday, others will trigger on
Hello Tackle Traders, Tis the season traders! The most wonderful time of the year is once again upon us and as everyone one is busy getting their Christmas decorations and shopping lists checked off, Santa forgot to set his alarm close because the Santa Clauss rally we’ve come to expect is late for the party.
Good Day Tackle Traders!!! What a wild couple of weeks we have had in the markets! We have seen volatility jump up and we have seen a rather large range in the major indexes. This kind of volatility for shorter-term experienced traders is awesome. However, what about the longer perspective newer traders? Do they
≈ The Mother of All Bubbles ≈ “[…] The FED and the S&P 500 had a baby together: MOAB, the Mother of All Bubbles. “The Federal Reserve bailout program, QE, has ignited a perverse mechanism. By bailing out a whole failing system with humongous injections of money, it helped to create a gigantic pile of
≈ Your happy place. ≈ Selling Naked Puts can be intimidating for new traders. The idea of entering a position that has a RISK OF ASSIGNMENT makes them avoid one of the most common cashflow strategies in the financial markets. For them, getting assigned is like a punishment. A bad omen. Far from the truth.
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.
