My Swing Trading Strategy
This has been by far the most difficult month of trading that I have ever seen. I mean, when you have a Twitter account that can bring ruin to the financial markets, it makes predictability a lot more difficult. The month of May started with a tweet fanning the flames of the already Chinese and now is ending with a tweet starting a new trade war with Mexico.
Indicators
- Volatility Index (VIX) – Though it did manage to finish 3.4% lower yesterday, expect this indicator to shoot through the roof.
- T2108 (% of stocks trading above their 40-day moving average): Diverging indicator yesterday with negative breadth despite a positive market. Reading comes in at 25%.
- Moving averages (SPX): The 200-day moving average will be broken at the market open.
- RELATED: Patterns to Profits: Training Course
Sectors to Watch Today
Technology was the market winner yesterday followed by Staples and Industrials. Energy continues its free fall and possibly even challenge the December lows again at some point. 
My Market Sentiment
SPX head and shoulders pattern confirmed yesterday and sets up for further downside once the 200-day MA breaks as well.
S&P 500 Technical Analysis
Current Stock Trading Portfolio Balance
- 40% Long
Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
In today's episode, I cover the expectations that we should be setting for ourselves as swing traders, from the number of trades we should be expecting to take, how long and how short we should be in our trading portfolio, as well as what the expectations for a win-rate should be.
Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at: https://www.shareplanner.com/premium-plans
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
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