My Swing Trading Strategy
I went for a day-trade yesterday, but the volume in the overall market deteriorated too quickly for me to make much of the trade. Got in, got out, and no new positions held overnight. Watching for the same again today, whether the bulls can break out to new highs and through overhead resistance.
Indicators
- Volatility Index (VIX) – Started off strong yesterday, but quickly fell back to 14, giving up 1.8%. Zero volatility in this market as each intraday dip is quickly bought up.
- T2108 (% of stocks trading above their 40-day moving average): A 6% increase, which is light considering the extent of yesterday’s move. This indicator is flashing a lot of warnings here, about the overall health of the market.
- Moving averages (SPX): Back above the 5-day moving average and all other major moving averages.
- RELATED: Patterns to Profits: Training Course
Sectors to Watch Today
Energy now is starting to catch a bid much like Healthcare did last week. Simply put, the market is looking to the most downtrodden sectors of 2019 and buying them up at a ferocious pace. Technology, while it did well yesterday, seems to be lacking the overall enthusiasm that the rest of the sectors have recently shown.
My Market Sentiment
Ready to test some resistance following Monday’s rally. After that it sets the stage to challenge the all-time highs. Neither of which will be an easy task. Light volume continues to drive the market higher, but the headline risk looms large on a sudden and huge sell-off.
Current Stock Trading Portfolio Balance
- 1 Short Position.

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 talk about tightening the risk on the trades and the benefits of taking a multi-pronged approach in doing so between profit taking and raising the stops. Also, I cover how how aggressive one should be in adding new swing trading positions and how many open positions that one should have at any given time.
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
📈 START SWING-TRADING WITH ME! 📈
Click here to subscribe: https://shareplanner.com/tradingblock
— — — — — — — — —
💻 STOCK MARKET TRAINING COURSES 💻
Click here for all of my training courses: https://www.shareplanner.com/trading-academy
– The A-Z of the Self-Made Trader –https://www.shareplanner.com/the-a-z-of-the-self-made-trader
– The Winning Watch-List — https://www.shareplanner.com/winning-watchlist
– Patterns to Profits — https://www.shareplanner.com/patterns-to-profits
– Get 1-on-1 Coaching — https://www.shareplanner.com/coaching
— — — — — — — — —
❤️ SUBSCRIBE TO MY YOUTUBE CHANNEL 📺
Click here to subscribe: https://www.youtube.com/shareplanner?sub_confirmation=1
🎧 LISTEN TO MY PODCAST 🎵
Click here to listen to my podcast: https://open.spotify.com/show/5Nn7MhTB9HJSyQ0C6bMKXI
— — — — — — — — —
💰 FREE RESOURCES 💰
— — — — — — — — —
🛠 TOOLS OF THE TRADE 🛠
Software I use (TC2000): https://bit.ly/2HBdnBm
— — — — — — — — —
📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱
*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.



