Tackle Today: My favourite strategies for 2020
January 21, 2020
≈ An exercise of humility. ≈
Apart from the US-China trade tensions (not over yet) and Middle-East tensions (millennia-old), and a few other tensions that will certainly popup during 2020, there is one event that will surely shape the markets no matter what: the 2020 United States Presidential Election. Not only the markets, but it will also shape the social media landscape and future meetups with friends and family.
Trading is, above all, an exercise of humility. We know the events are coming, we cannot escape them, still, we don’t know what is going to happen, who will win or lose, the aftermath and the market’s reaction.
This leads us to pick our favourite strategies for 2020. Me, particularly, Vega and Theta. With volatility spikes here and there and the shaken prices due to flammable news, these are my picks.
— “Jesus, aren’t you embarrassed by saying something so obvious? I am really disappointed.”
Look, in soccer, a goal scored with a rocket free kick is worth the same as a goal scored with a gorgeous, picture-perfect bicycle kick. The former is simpler, the latter will lead you to the Soccer Players Pantheon, but both scored. Furthermore, a free kick has a higher probability of scoring, whereas 9 in 10 bicycle kicks go wrong.
Do you want to make it to the Traders Pantheon or do you want to make money?
In a year that will be particularly sensitive to news, there is nothing wrong with trading simple and profitable strategies against the same vehicles over and over again.
Remember: the stock market is a huge machine that transfers money from the arrogant to the humble trader.
If being obvious in trading makes you feel uncomfortable it’s OK, trade it, make money, just don’t tell anyone.
Chart of the Day
VIX (2016)
Who here was already trading in 2016? What a year! The VIX went amok. In case we see the same scenario in 2020, does that mean you can’t trade Delta? Of course not, but surely Vega and Theta traders will keep their eyes open and their strategies sharp.
Video of the Day
Tackle Trading Playbook: 31 Trading Strategies Explained
Have unfettered access to the Tackle Coaches’ personal playbook containing thirty-one powerful trading strategies categorized according to the Options Greeks.
Today’s line up
Traders Lounge 11 PM EST
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The Coaches Show 8:30 PM EST
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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.
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