Tackle Today: Less is More
April 8, 2019
≈ The Universal Truths ≈
If you took an hour to research each stock, you likely still could not get through them all in a year. Knowing this fact, as traders and investors we must find an approach to trading and investing that we allow us to succeed is this mass universe of choice.
You do not need to become a master of the financial universe to find success in investing. Some of the most successful traders only follow a handful of stocks. They become experts in the instruments they choose, are familiar with what makes them move, and as part of their daily routine go through the charts to see if any opportunities exist.
For new traders, this is a manageable approach that can make entry into the world of trading go much smoother than it would otherwise. Simply selecting a few stocks or ETFs to follow can allow a new trader to start developing an expertise in the items they selected. They also avoid that overwhelmed feeling that engulfs so many new traders. You can always add as time goes on but if you have been feeling overwhelmed lately contemplate the “less is more” approach as it might be the simple formula you have needed to take that next step forward.
Chart of the Day
Earnings Earnings Earnings!
Earnings season is upon us and while only a few larger-sized companies will start to report this week (Delta, JP Morgan, Wells Fargo) many traders have contemplated if this is the final catalyst needed to send the market to all-time highs. The banks start to report on Friday.
Video of the day
When is the Start of Earnings Season
Coaches Matt and Tim discuss when they consider the start of earnings season.
Today’s line up
Traders Lounge 11PM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Halftime Report 12:30PM 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 Matt and Tim can deliver.
Market Recap
The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.
Financial freedom is a journey
The Tackle Today series is brought to you by Tackle Trading.
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
# Sign up now for a 15-DAY FREE TRIAL #
Legal Disclaimer
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.
