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Tackle Today: Mission Accomplished

November 23, 2021

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Thanks for watching!

Traders,

Our Swing Trading 101 webinar was a smashing success last night. All who participated came away with a more profound knowledge of technical analysis, pattern recognition, and Marty the elephant. We tapped into the timeless wisdom of legendary trader Jesse Livermore who knew a thing or two about making money.

“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”

Jesse Livermore

“Do not anticipate and move without market confirmation- being a little late in your trade is your insurance that you are right or wrong.”

Jesse Livermore

“Buy rising stocks and sell falling stocks.”

Jesse Livermore

“It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.”

Jesse Livermore

Veteran #TeamTackle members should recognize all four of these principles. We’ve parroted them in one form or other dozens of times throughout our education. Here might be another way of expressing them.

“Patterns repeat.”

Tackle Trading Coaches

“Wait for a trigger before entering a trade.”

Tackle Trading Coaches

“Trade with the trend.”

Tackle Trading Coaches

“Making money is far easier with education.”

Tackle Trading Coaches

If you missed last night’s entertainment and the introduction to our Holiday sale on Tackle products, you can catch the replay below or on our Youtube Channel.

#TeamTackle


Chart of the Day: Tech gets Wrecked

Chart of the Day: Tech gets Wrecked ($XLK)

The technology sector (XLK) finally saw a significant reversal candle. We call Monday’s candle an outside day or bearish engulfing candle because it traded above the previous day’s high but then tumbled and closed below the prior day’s low. The high volume added significance to its warning sign. It doesn’t necessarily mean the tech sector will go into a downtrend. However, it does mean the momentum of the red-hot uptrend will likely cool for a spell.


Video of the day: Swing Trading 101 – Lessons from Jesse Livermore [Webinar Replay]

Last night Coach Matt did an amazing job teaching trading principles during our Swing Trading 101: Lessons we can learn from the great Jesse Livermore.

In this webinar you will learn:

✅  What is Swing Trading
✅  The 3 Pillars to Technical Analysis
✅  Price Cycles in Uptrends and Downtrends
✅  Key Technical Patterns
✅  How to use Support and Resistance
✅  Lessons from Jesse Livermore that we can apply in today’s market
✅  Case Study’s on Current Market examples

At the event, we announced our Holiday Sales where our Pro membership, Premium Systems, and 1-on-1 Coaching Program are being offered at a great discount!


Today’s line up

Tales of a Technician: Return on Time Invested Redux

Today I want to revisit the concept of Return on Time Invested (ROTI) as it relates to managing naked puts and bull puts which are the most common strategies I wield in my Team Phoenix Trading Lab.

Traders Lounge 11 PM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show 8:30 PM EST

This is our weekly MasterMind group. Join the coaches tonight, 8:30 PM EST to discuss the markets and help you prepare for the week.

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 Matt and Tim can deliver.


Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

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.


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.

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Annual Holiday Sales are here!

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Unfortunately, this offer is now closed. If you still want to take advantage of it, reach out to us at [email protected]