Stocks still lacking conviction and direction for swing trading
I have to say, this is not an easy market to trade, which is one reason why I continue to tread lightly these past couple of weeks. There’s no sense on putting up heavy positions only for the market to knock them down. But I continue to make plays here and there, because you never know which one is going to catch fire (and I’ve still had a number of stocks do as much), and when the market might figure itself out and start moving in a definite direction.
My Favorites from my short watchlist for swing trading
As I always do every week, I publish my watchlist of those stocks that I’m following closely and this time around it is focusing in on my short setups. Of those listed, I’m taking particular interest in D, LULU, OHI and INVN. The others are definitely worth watching as well, but just might take more time waiting for the right entry on the trade.
Welcome to Swing Trading the Stock Market Podcast!
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Commit these three rules to memory and to your trading:
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In today's episode, Ryan answers the questions of one listener ranging from his transition from paper trading to live trading, and swing trading to day trading. Also addressed is his approach to trading, specifically Fibonacci retracement levels and why Ryan prefers Pivot Points instead.
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