Tackle Today: Learn to think and act like a trader | Tackle Trading
≈ Stock Market’s extend gains Tuesday ≈
When you find a great trading setup, how do you decide exactly when to enter? If you enter a trade, did you use options or equity as your trading vehicle? Why did you choose the product you did? When you build that trade, how much capital are you risking relative to your account size?
These are important questions to be able to ask and answer as a trader. Building your skills through practice trading, study, taking courses and attending classes with the coaches is a great way to gain confidence so that when trading setups develop in the market you can ACT on them.
Learning to think like a trader requires proper training. Learning to act like a trader requires experience. First, get the training you need via educational courses and study time. Second, get the experience you need through practicing the strategies and tactics you learn.
Last night, Coach Noah taught a class on our YouTube channel, where he showed the team how to find and execute a trade using some of the resources at Tackle Trading. I really enjoyed how he explained the mindset behind taking trades, and he showed some great examples during the webinar of how he builds trades and uses the scouting reports. If you did not get a chance to watch it, catch the replay below. If you are a developing trader, I’m sure you’ll get some value from the class. And, if you’re looking for a discount for either our Annual PRO Subscription or the STEP System Course you can sign up for those products right now via our sales promotion that Noah discusses at the end of the class.
If you have any questions about the promotion, you can email us at [email protected] and Coach Mark will answer them. Review the sale here: https://tackletrading.com/store/pro-campaigns/holiday-special-2020/
Chart of the Day
CROX Daily Chart
During last night’s webinar, Coach Noah used CROX as an example from our weekend reports. The stock is in a bullish retracement pattern, waiting on a trigger to confirm the entry point, and has nice potential reward to risk. If you want to learn how to set a Stop, Target, Entry and Position Size a trade like CROX, you should take the STEP System course at Tackle Trading.
Video of the Day
How to Use Tackle Trading to Find Trades + Cyber Monday Promo
Last night, Coach Noah did a fantastic job teaching #TeamTackle how to find a trade using Tackle Trading’s resources. He also explained our current sales promotion we are having where our Annual Pro and STEP System course are on sale.
Today’s line up
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
The Coaches Show 8:30 PM EST
This is our weekly MasterMind group. Join the coaches tonight, 8:30pm EST to discuss the markets and help you prepare for the week.
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
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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Originally published at https://tackletrading.com on December 1, 2020.