Tackle Today: Pride and Joy đź | Tackle Trading
â Spring is here. â
Spring is here and mosquitos are already everywhere. Like mosquitos, people become excited and start frolicking in the streets making noise in cafes and bars. Parks will now be opened until 10PM and there is no excuse to NOT taking your kids to play for the 1000th time on the swing. The day seems to have less than 24 hours. Itâs aggravating.
Thatâs when you start valuing the practical things in life the most. Your systems, for example.
âYouâve heard about love givinâ sight to the blind
My babyâs lovinâ cause the sun to shine.â
When you have a system to call your own you are allowed to fully enjoy the sunny days ahead. Because it is yours, you took care of each and every detail. The candidatesâ selection process is in pristine conditions. You are running numbers with confidence, throwing out those who flash red signals.
âI love my baby, heart and soul
Love like ours wonât never grow old.â
The entry signals are as clear as crystal because youâve been training your eyes like Neo trained his own to perceive the Matrix.
You are surgical in taking profits and losses. You have a journal filled with stats, fully developed to become the spinal cord of your trading business.
âI love my baby, sheâs long and lean
You mess with her, youâll see a man get mean.â
Youâve worked on the integration between systems. Now the cash flow system provides capital to the directional one. Winning trades send capital back to the cashflow wheel and both provide funds for hedging. Theta and Delta are no rivals anymore.
When you have a system to call your own, you take care of it. In return, you have more time to enjoy all the little things in life, for the 1000th time.
âSheâs my sweet little thang
Sheâs my pride and joy.â
Chart of the Day: Periodic Table Of Excel Keyboard Shortcuts
Good traders keep excellent records. In fact, until someone kills the spreadsheets once and for all, thatâs where they spend a good chunk of time collecting, breaking and analyzing data. Itâs inevitable.
That is why the Chart of the Day is the Periodic Table Of Excel Keyboard Shortcuts. Forget chemistry, this is what you need.
Download the original PDF HERE.
Video of the day: Trading Within a System
Coach Tim Justice explains why trading within a system is so important.
Originally published at tackletrading.com on March 21, 2019.