Oh the humanity…
The bulls are no doubt feeling the anguish today – huge sell-off that I think has caught everyone off guard by the depth of it, and their reaction is this;
Couple that with the irritation nationwide from a split electorate that no matter who would’ve won, half the people would be ticked.
- Then you have the coal industry and coal related stocks
- Those stocks that posted bad earnings
- Those that tried to buy the dip today
So you couple all those together, and there’s a huge chunk of America pissed today. So tread carefully.
And if you happen to be one of those, remember, the sun still rises so take a moment, no matter your circumstances, and think about all the things that you do have to be thankful for.
- For me I have:
- Health
- Family
- Food on my plate
- Shelter over my head
- A wonderful son
- A beautiful wife
- Clothing on my back.
- and a God in Heaven who loves and cherishes me as his own.
When I look at the rest of the world and the conditions among nearly 6 billion people all over experience every day, I realize that indeed, I am blessed beyond measure.
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 explain whether it is a good idea or not to rapidly increase the size of your portfolio if you come across a sum of cash. A lot of traders will do this without ever recognizing the emotional toll it can have on you as a swing trader and the awful mistakes you can make in doing so.
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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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