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.
What do you do when the best trade setup that you can find is a stock that you already have a position in? Should you trade a stock that you already have a position in and exponentially increase the size of that position? In this podcast episode Ryan explains the circumstances that allows you to increase your position size in an already profitable trade and how to manage the risk 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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