Tackle Today: Trading is your art
January 6, 2020
« Find your muse. »
A muse is defined as a person or personified force who is the source of inspiration for a creative artist. While as traders we deal with numbers and probabilities there is more art to our financial endeavors than many realize.
- You create the rules of your trading plan
- You choose the strategies you put into action
- You individualize every nuance of your approach to the markets
Your trading plan is your art. Your charts are your canvas. The coaches at Tackle Trading are proud to serve as a form of inspiration by sharing their knowledge and experience. Now it is your job to go create your financial masterpiece. Let us know if we can help in any way this week!
Chart of the Day
Looking at a 15-minute futures chart, we might be in store for a small gap down at the start of the week, but at the time of this writing it appears to be muted. As tension between the U.S. and Iran escalates, markets only appear to be apprehensive at the moment. Naturally, we will be covering this topic and other market news in all of our live shows throughout the week.
Video of the day
Trading Concept Check: 1 2 3 Pattern (Bearish Example)
Core 1-2-3 trading pattern is the key to increasing the Probability of Profit. Trend, patterns and setups like the 1-2-3 pattern setup can improve the probability of profit for directional trades.
Today’s line up
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.
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.
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 #
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 involve 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 advisors, to determine whether such trading or investment is appropriate for that user.