≈ What is real? ≈

“What is real? How do you define ‘real’? If you’re talking about what you can feel, what you can smell, what you can taste and see, then ‘real’ is simply electrical signals interpreted by your brain.”

“The Matrix” (1999) —

As a trader, how do you define real?

Good ol’ Germany sold its first ultra-long, 30-year bond with a 0% coupon just yesterday. The entire German yield curve is in the red territory in any duration. Very suitable for conservative (?) investors.

Uber, the most famous transportation network company in the world, with a 69.0% market share in the US, posted losses of $1 billion in the first quarter of 2019.

The garage days are over and billion-dollar startups are all over the place. From hospitality services to rubber boots. Forbes knows it all.

‘Disruptive’ geeks are obsessed with building ANNs (Artificial Neural Network) that promise to take the “buy low, sell high” to whole new levels. Your hard-earned money is now in good (cold) hands.

If the ‘real’ is looking upside down, what it means to be a contrarian?

Buying gold?
Investing in solid businesses?
Adopting simple rules to trade?

We have lots to learn with the simplicity of the rats. Their only concerns are the cheese and the cats. Being simplistic and conservative in trading is the new black now that the ‘real’ is stepping into the realms of the surreal.

What is real, anyway?

I don’t care. I’ll go with the rats.

“Let me take you down
’Cause I’m going to Strawberry Fields
Nothing is real”

---

Chart of the Day

Nothing is Real

“[…] this week’s 30-year auction will test the continued demand for haven assets now that the whole of Germany’s yield curve is in negative territory.”

Source: Zero Hedge

Haven assets. Nothing is real.

---

Video of the day

“The Matrix” (1999) – ‘Construct’ Scenes

The three scenes in the “construct” from the 1999 sci-fi movie “The Matrix”.

---

Today’s line up

Options Theory

The Theta Thief

Our Theta obsession comes to a close in this week’s fourth and final post on the subject. I’ve checked every box and shared everything you need to know about all Theta’s intricacies. If you’re coming late to the game you’ll find the previous articles here, here, and here. To round out our investigation I’m sharing a story that recaps all that we know about sir Theta.

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.

Cashflow Club 8:30 PM EST

Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.

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.

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.

---

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 #

---

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.