I’ll be the first to admit, that this week has been pretty rough. Thank goodness for stop-losses is all I can say. As I am writing this, the market is still trying to decide whether it wants to close above 1100 or not. Market irony says we close right slap-dab on the 1100 mark – perfect way to end the week , would be to leave everyone in limbo!.
Anyways, my apologies for the lack of posts today. I’ve been trying to do some updates to the website that I think you will like, and hope to unveil those new changes next week. So bare with me…I’ll get another post out today with the market summary (that should be fun!).
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 how traders can establish their position size for a small account. Whether it be less than a thousand or a little bit more, Ryan provides practical guidelines for determining how you can trade multiple positions and the right mindset to have to put yourself in the best position for success.
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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