The markets are a unique and wonderful place. They see unfathomable amounts of money exchange hands on any given day. As a trader, you will be amazed by the boundless opportunities that await you. The education presented in this website will help you propel yourself to succeed in the ever changing and exciting world of today’s markets. Each topic is critical on its own, but it is vital to approach the information as a whole.

Keys to Your Success

There are five principles pivotal to your success. By applying these principles, you separate yourself from the millions of investors who are simply taking a chance or gambling in the market. The stock market and gambling are two very different things to an investor who follows these keys.

Principle #1: Master Plan Any savvy investor will tell you that they have implemented a plan which has led them to successful trades. They have a system, a routine, a structure and/or a road map. Your plan may be simply stated or very detailed but it is vital that you have one written out. The question is: Why are you trading?

Principle #2: Education Some people use newsletters, stock picking services, one of the talking heads on television, or countless other resources as reasons to invest but you will want to have the education and ability to do it on your own. Make sure that you understand each strategy that you are going to use. Be a professional and learn the ins and outs.

Principle #3: Tools In the current trading environment, you will need to have advanced tools to give you an edge. One of the most important things for a beginner to learn is how to use the software tools that he/she has to implement the master plan. You may be very bright, capable and yet a lack of tools can hold you back from true success. Great traders still rely on helpful tools to identify opportunities, stay organized, and move forward day by day through the markets.

Principle #4: Discipline Fear and greed are a part of human psychology. They can be destructive forces in your trading account if you don’t have a strict discipline to rules. Trading is quite simple at its core: you need to make good position choice and have the discipline to allow those winners to prosper as well as cut your losses to a minimum.

Principle #5: Implementation It is common for beginners to have a little stage fright when it comes to trading. Many students want to learn it all before they get in there and start. Implementation is critical in the process of education. You have to practice to become good at anything. Starting today, you should begin this process. Paper and practice trade each and every strategy that you learn. Make a mental choice to take action. If you learn to follow principle #4, you can confidently apply and implement all of the strategies. Even the best of traders are wrong. You will need to understand that trading is not always about being right. It is about having the right strategies and implementing them over and over again so that you land on the right side of probability.

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Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis.  This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise.  Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products.  By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials.  In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.