My take on Crypto Investing: This whole article will be dedicated to my own philosophy of Investing (not trading) in Crypto, and should not be viewed as advice. However, this is what I personally do… Crypto has been the most profitable asset class of 2017 for some, and a missed opportunity for others. Now moving…
Coaches Mailbag: Understanding a Buy or Sell of a Call Option
Sectors in the Market
The economy has many different areas to consider. When we think of investing in the capital markets, we tend to think of stocks, bonds, currency, property and so on, but once you decide to actually invest in stocks how do you determine which stocks? Which kinds of stocks? Sector analysis can help you with this….
Types of Brokerage Accounts
Market Indexes and Funds
We can watch and track each of these different markets in their own way, but you will need to get the various ticker symbols compiled to develop your watch lists. Market Indexes S&P 500 > SPX Dow Jones Industrial Average > INDU Nasdaq 100 > NDX Russell 2000 > RUT Exchange Traded Funds S&P 500 > SPY Dow Jones…
Portfolio Design
While investing, there are three different types of strategies that are appropriate to use in your portfolio. Portfolio design is the process of building a plan for your money, i.e. your portfolio, on how you’ll use it, where you’ll spend it and what you’ll do with it. You should know what the design of your…
10 Day Trading Tips and Tricks
We recently interviewed Keith King on Podcast #243 (which you can listen to here), and during our Feature Presentation, I wrote down 10 tips and tricks from the Godfather’s interview. Here they are: Be aware of the global market . Day trade on days when you’re going to get the best market action for your…
Coaches Mailbag: 8 things you can do this week to develop your Trading Skills
Hi, Tim. We are continuing to go through Master Trader. Tomorrow we will be having our 2nd session of the live Master Trader class. I also completed the Options 101 course on Tackle Trading. I’m really digging the new layout of the Tackle Trading site, btw. We will continue building our daily trading routine, but…
Covered Call Strategy
Philosophy The Covered Call is a cash flow strategy that includes buying an equity in increments of 100 shares and selling call options against the underlying equity position for 1 contract for every 100 shares owned. Liquidity is an important factor, the options should carry enough liquidity for the trader to be able to buy back…
Stages in the Creative Process
Stages in the Creative Process Search for Challenges Express the Problem Investigate the Problem Produce Ideas Producing Ideas Free Association Analogy Aim for Originality Writing Ideas Compose a Central Idea and state it early Choose a recognizable pattern of organization and follow it Give each idea prominence Elaborate on Important Ideas Composition Planning Assemble your…