Tackle Today: Rich Dad, Poor Mom. | Tackle Trading: The #1 rated trading education platform

Tackle Today: Rich Dad, Poor Mom.

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≈ Featuring: Beth Salamanca. ≈

“My fear of economic insecurity led me to seek solutions for managing my Nest Egg. I was also entrusted with my spouse’s and parents’ portfolios and I wanted to be a good steward of their assets. Goal is to make all our golden years golden. Who could help guide my investments?”

Beth Salamanca —

We are very excited to bring to our Tackle Today readers Beth Salamanca. She’s a trader and an investor; a life-long learner.

Beth Salamanca is a retired Foreign Service Officer and US Marine. She’s traveled to 77 countries and uses this experience to support her investing. She trades stocks, options, futures, and commodities. Under Coach Tim Justice’s mentorship, Beth was inducted to Elite Legacy Education’s prestigious Hall of Fame in 2018.

Todays’ article is about her Who. The first one, published last month, was about her Why (Fear). On that article she said:

“In sum, my “Why” is Fear of economic insecurity. My solution is Faith. Faith in life long learning and the financial education that the Tackle Trading community provides to help me survive and thrive.”

We highly encourage our #TemTackle to go there and read Beth’s articles. For the veterans, she reminds us where we came from and the path of sweat and tears we walked to get where we are today. For new traders, Beth is a living testimony of courage that can propel even the most fearful trader into a successful trading career.

First of March, 2019. We’re still on the first quarter of the year and what a great start for us at Tackle, having Beth joining forces with us.

Beth, welcome.

• Read: My who

• Read: My Why – Fear


Chart of the Day

We’re known by the company we keep.

COD We’re known by the company we keep

“I’ve come to appreciate that saying, “We’re known by the company we keep.” I glad to be in the company of Tackle Trading and Elite Legacy Education folks and look forward to continued growth as a trader, investor and life-long learner.”
— Beth Salamanca —


Video of the day

Why Planning Doesn’t Matter in Trading
(Unless you TAKE ACTION!)

Coach Noah Davidson talks about the importance of taking action in trading.


Today’s line up

Options Theory

In Praise of the 200-Day Moving Average

One of the core tenets of technical analysis is that prices trend. The aim of many trading approaches, then, is to identify trends and ride them. Unfortunately, prices are often helter-skelter. They messily move up, down, and all around which can make it challenging to identify trend direction.

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.

Cash Flow Club Replay

If you missed last night’s episode where Greg Holmes talked about strategies to create cash flow and keep it consistent or would like to watch it again, check it out here.

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.

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.

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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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