Tackle Today: Sell in May and go away
On May 1st, thousands of stock market participants will make a joke/serious remark about “Sell in May and go away.” Some will even pass it off as ancient wisdom.
On May 1st, thousands of stock market participants will make a joke/serious remark about “Sell in May and go away.” Some will even pass it off as ancient wisdom.
Jimbo dropped a great question in the Clubhouse last week that I wanted to respond to. It’s a query that I hear occasionally and have developed some perspective on. Today I’m going to share how I think about investing your emergency fund.
Yesterday, as if it was honoring the death of Sir Alfred Hitchcock, the S&P 500 hit the all-time high mark at 2949.52. Now the psychological thriller is over, everything looks clear, and the end credits can be screened. Not at all.
I am always learning something even when I’m doing nothing.
Today we’re taking a break from option theory and diving headlong into technical analysis. I’m going to share with you how I think about the volume indicator. It’s super popular. After price (reading candlesticks, essentially), volume is the most commonly viewed metric. All charts display it by default. How many other indicators can say that?
Risk is, at the same time, our biggest obstacle and our only hope. Embrace risk.
When you play to succeed as a trader, you don’t play to get lucky, you play to define the probability of luck like you are a game maker.
When I first started learning how to trade the financial markets, I traded at a loss for 1.5 years before I ever saw consistent profit. Clearly, I had no beginners luck.
Last Friday’s stock rally was legit. The large jobs beat kicked-off a buying frenzy that finally sent the small-cap-laden Russell 2000 Index through the pivotal $1600 resistance zone. Equities ended on a high note across the board.
Getting to the point where all of your trading rules are set can seem like a long process… and it kind of is! In making this journey a little simpler in the beginning stages let’s do the technical analysis two-step.
A while ago, Solon Stephanou, one of our beloved Coaches, published an article compiling his first year as a trader in 7 basic rules. Here are they.
Trade troubles have ushered in the return of fear. And it’s bringing opportunity in its wake – if you know where to look. For a hot take on the panic that is now in the air, we turn to the ultimate sentiment gauge – the VIX. Formally known as the CBOE S&P 500 Volatility Index,
Last week we went through the most common market conditions that we will see overall from a market perspective. It would seem logical that if the market stays in a certain condition most of the time then perhaps we should put a lot of focus on how to trade those market conditions. It might be
[…] The rule of thumb when I was learning this craft was to double my paper trading account before going live. But is this the end of the learning curve?
Monday was a nasty pill for bulls to swallow for multiple reasons. But maybe the meanest was the upending of Friday’s picture-perfect bullish reversal candle. I mean, to gap below last week’s low, right off the bat? That’s some next level nastiness.
Mike Tyson once said: “Everyone has a plan until they get hit.”
If you just started trading in the last couple of weeks, then the price action probably has your head spinning.
Trump’s last tweet broke the elevator. Until it’s fixed I’m using the stairs.
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