Trading insights in five minutes. Everyday.
We love communicating with our students and Tackle Daily is our daily email we send out Monday through Saturday. This five-minute read is designed to kick off your day the right way. You’ll find out what is happening at Tackle Trading on that day along with our market thoughts, a chart of the day and other inspirational items. If you missed any of our previous emails, you can find them here.
July 10, 2018
Are you making money? This is Part III of the series “Organization is Key”, where we’ll be talking about the Trading Journal. A Trading Journal is not something superfluous. It is crucial. It is where you’ll log, break and analyze all your data so you can see if your system’s making money over time, which,READ MORE
June 27, 2018
“Tell me, Mr. Anderson: What good is a phone call, if you’re unable to speak?” – Agent Smith to Neo (Matrix, 1999) You sat down with your mentor and came up with a custom-built system. Yours is a cashflow system, one that sells 45 DTE Condors against the RUT (Russel 2000 Index). It’s a winningREAD MORE
June 26, 2018
Work hard to win the championship. “I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. Twenty-six times I’ve been trusted to take the game-winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” This quote belongs to a freshREAD MORE
June 20, 2018
Towards the light. The more you know, the more there is to know. New students are eager to learn and make money, but that’s just not how it works. Would you trust a doctor who learned his craft just by reading books? The learning curve you’ve got to submit yourself to in order to becomeREAD MORE
June 20, 2018
How much pain do you think you can handle? “Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it.READ MORE
June 20, 2018
• Don’t you think clicking buttons is boring? Yes, I do. • Don’t you think running numbers is boring? Yes, I do. • Don’t you think reading charts is boring? Yes, I do. • Don’t you think searching for candidates is boring? Yes, I do. • Don’t you think reading special reports is boring? Yes,READ MORE
June 12, 2018
Warren Buffett is now almost 90 years old. He is one of the most successful investors of all time. One day, just like the rest of us, he will pass away. Even if he lives until he’s 110, he’s pretty close to his final days. Do you think he will just leave all his investmentsREAD MORE
June 11, 2018
A geared device is a simple machine. It has cogwheels. Cogwheels have cut teeth, called cogs, which mesh with another toothed part of another cogwheel to transmit torque. You trading business should mirror a geared device, like a simple machine. It has cogwheels with cut teeth, the cogs. A group of cogwheels working together couldREAD MORE
June 8, 2018
When we’re in a meeting with friends or family, or even surrounded by a few unknown individuals, the same type of question often surge: “Oh, so you work in the financial markets, right (yellow smile on the face, tap on the shoulder etc.)? Let me ask you this: is {{insert the name of the assetREAD MORE
June 5, 2018
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 everREAD MORE
June 5, 2018
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 +$100READ MORE
June 1, 2018
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 ofREAD MORE
June 1, 2018
≈ 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 lifeREAD MORE
May 30, 2018
≈ 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 skillsREAD MORE
May 30, 2018
— 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. ButREAD MORE
May 25, 2018
You might’ve asked yourself at a certain point: “How should I start to make this trading activity a business?” Begin by having a clear routine and well-defined procedures for everything. • Organization is optimization. • Organization is efficiency. • Organization is key. Unless you’re a machine, you will need to be organized if you want to prosper beyondREAD MORE
March 28, 2018
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 technicalREAD MORE
March 26, 2018
“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,READ MORE
