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 18, 2018
As traders, our job is not completely done until we have our daily portion of letter soup. Stock-ticker-symbols flavor for the most part. But what if we try other flavors? T-Bills, T-Notes, T-Bonds, FRN, TIPS, and STRIPS? These are US Treasury Securities. They are debt obligations issued by the US government to raise the cashREAD MORE
July 17, 2018
There are clear differences between domestic and wild animals. Any competent veterinarian can tell that. Some professionals are more inclined towards dealing with and treating domestic animals because they are way more predictable in their behavior than their wild counterparts. Some prefer the unpredictability of the wild, though. The life of a trader can beREAD MORE
July 16, 2018
If you have ever met a Justice brother, and many of you have, it is safe to say that you already know that they have quite a few thoughts to share. They also have some in-depth knowledge about the markets that can give you plenty to digest about your trading and investment decisions. Last weekREAD MORE
July 13, 2018
Today will be short and straight to the point. When was the last time you talked to another trader on the phone, skype or in person, about your business? If it’s been a while, I have a challenge for you. Reach out and have a conversation with someone about your trading business, your progress and the stepsREAD MORE
July 12, 2018
Better than a photo of your mother-in-law in your wallet. Better than a baby pigeon. Better than an honest politician. These things do not exist. No one ever saw them. But Debit Spreads with positive Theta, oh yes, they do exist. The key lies in the net amount of Extrinsic Value (ExV) you collect betweenREAD MORE
July 11, 2018
You don’t need to have 12 systems going on. If you got ONE or maybe TWO right, firm, down to Earth, straight to the point, and they are consistently making money, maybe not HUGE amounts of it, but nonetheless cash flowing, growing your account little by little, mitigating risks, managing losses like a PRO withREAD MORE
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
