11 Minute Read

Tackle Today: One image, 100 hours saved

July 11, 2019

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One image, 100 hours saved - Photo by Alina Grubnyak on Unsplash

≈ And a million neuron cells saved, as well. ≈

Some individuals understand basic trading concepts by numbers. Others, by visuals. Finally, some can navigate through the vast world of financial education with a good mix of both. What type are you?

The amount of possible strategies one can trade with options is something that intimidates new traders. It was true to me and to all the Coaches at Tackle at some point, and sure is (or was) true for yourself.

The new Tackle Trading Playbook (coming out soon!) covers 33 strategies. With the exception of Long Stock and Short Stock, all the rest is dedicated to options trading.

Three and a half years ago, it was a hot February in Rio de Janeiro (a.k.a. Hell de Janeiro), as usual, and I was about to attend a class taught by Micah Brooks. Anyone that has been his student can attest to the fact that he is a great educator.

I was a struggling trader, still in diapers, and there was something still off for me: the difference between vertical, horizontal and diagonal spreads. Staring at an option chain, trying to figure out what the heck those spreads were, turned out to be a waste of time. Referring back to the first paragraph, I am the type who understands concepts through visuals.

Then came Micah with one image. One single image that saved me, possibly, hundreds of hours and millions of neuron cells. For those of you who also struggle with the difference between the spreads, check the Chart of the Day (redesigned from the original).

Tonight, Coach Gino “The Talent” Poore will cover the Horizontal Call Calendar Spread from the new Tackle Trading Playbook. A great cash flow strategy in low IV environments. You don’t wanna miss it.

Not a Pro member yet? Sign up for a 15-day free trial HERE.

Chart of the Day

Table of Spreads

Chart of the Day: Table of Spreads

Video of the day

How to Scan for Credit Spreads

Coaches Matt and Tim teach how they scan for stocks set up to do Credit Spreads on! After that, they show an even easier way at TackleTrading.com.

Today’s line up

Rookie Corner

Markets, Systems, and Conditions. Part IV: The Trades Part 8

Good Day Rookie Traders! We are back into the swing of things here and we have wrapped up the consolidation phase nicely and now we are moving onto to the second phase of any market and that is the breakout to the trend. As we previously discussed this is everybody’s favorite phase. The reason this is everybody’s favorite is that investors can just throw some money at the market and watch their equity go up. Traders also like this phase because of the multitude of opportunities that present themselves. 

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.

Cashflow Club 8:30PM EST

Held every Thursday, this show helps you perfect your favorite cashflow strategies.

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.

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

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

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