«Never forget it»
Traders,
Wall Street is a noisy place. And if you’re not careful, it can quickly overwhelm your senses. Every day a deluge of data competes for your attention, threatening to distract. But remember – you get to decide what you let in and what you tune out. Just because there’s a barrage of information broadcast across the Street doesn’t mean you have to partake.
Part of growing up as a trader is making smart decisions about what information matters and what doesn’t. With time, you’ll discover what actually helps you make better decisions and what sows confusion.
I suggest one item that should stand above all else.
Price.
It’s objective, timely, and ultimately, is the only variable that matters. You can be right about everything else but get the price wrong, and you still lose money. Alternatively, you can be wrong about everything else but be on the right side of the price, and you’ll still make money.
Chart of the Day: Apple (AAPL)
With this morning’s jump, Apple’s market cap has officially topped $3 trillion.
Today’s line up
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Cash Flow Club Replay
If you missed last night’s webinar or would like to watch it again, check it out here.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the Coaches at Tackle Trading can deliver.
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