≈ Everybody runs. ≈

“Prediction is very difficult, especially about the future.”

Niels Bohr —

It is a temptation for us, traders, to predict the future. Some—essentially the ones without rules—are especially inclined to hope the candles will indeed move in the direction they want.

But we are not the Precogs from Philip K. Dick’ ‘Minority Report’. We can’t see the future. It gives us peace of mind in one hand however, on the other, it leaves a blank space that we feel we must occupy. We simply hate the void. That is why we plan the future and (hardly) embrace randomness as part of the process.

AI is coming at us to fill this void. From a state of total inability in predicting the future they will BE the future. They are one step ahead of the Precogs: by being the future themselves, they won’t need to predict it, but just continue their course into materializing it, instantly closing the gap.

Today, investing in the stock market is more unpredictable than letting a ball fall to the floor. Catching it before it hits the ground doesn’t change the fact that it was going to happen in the first place.

But what if robots create the ball, the floor, the gravity and the person who catches it? The set up is perfect, you place the trade, but they conduct the cars now. They can take you back to where you were and make you lose.

If everything they do is going THEIR direction and they all ARE the same future, you become the minority report. You are the alternate future.

This will be like forever walking in the shadows. You better have a plan for that. Sometimes, in order to see the light, you have to risk the dark.

Chart of the Day

Dawn of the dead

(source: Statista)

“When there is no more room in Hell, the dead will walk the Earth.”

Video of the day

Minority Report: Run

I’m sorry, John, but you’re gonna have to run again.

Today’s line up

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.

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.

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.