Tackle Today: Taking Your First Step | Tackle Trading
≈ The first step towards financial freedom. ≈
Taking the first step in a process that you know will require sacrifice can be a difficult step to make. This is true whether your journey is to get in shape or to obtain financial freedom.
- They recognize the journey, would like to reach the destination, but don’t attempt to make that first step.
- They make the first step but don’t seek additional guidance to assist them achieve their goal.
- They make the first step and seek additional guidance to help give them every advantage they can get.
Those facing the first step in a long journey often make one of three choices:
One thing most of us have in common is we desire financial freedom and for many trading is the vehicle they have chosen to obtain that freedom. If you choose to take that first step and seek additional guidance, we are here for you each and every day to help you on your journey. Let us know where you are in your journey and what we can do to help you reach your eventual destination from where you are today.
Chart of the Day: S&P 500
As it is prone to do, the trade war created some wild price action in the market last week. Until the trade war is resolved (or until the market stops paying attention to it) one might expect more of the same. From a technical perspective a short-term consolidation pattern may be forming on the broad markets and resistance and support levels will be closely monitored in the coming week.
Video of the day: How To Build a Safe Iron Condor
Coaches Tim and Cody work their way through the Tackle Trading Spreadsheet and teach students how to build a proper and safe Iron Condor.
Financial freedom is a journey
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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.
Originally published at https://tackletrading.com on May 20, 2019.
