Since I’ve posted today’s trading plan, the futures remain largely unchanged, with a slight negative bias heading into the open. CPI did little to change the market, but at 9:55am we have the Consumer Sentiment report.
Here’s the Daily Long and Short Setup…
LONG: American Medical Systems Holdings (AMMD)
SHORT: Regal Entertainment (RGC)
Welcome to Swing Trading the Stock Market Podcast!
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Emotional trading will destroy one’s portfolio. Aiming to hit home runs with every trade is a sure sign that the trader is overly emotional and only cares about fast money. In this podcast episode Ryan explains how chasing after stocks like MicroStrategy (MSTR) without a plan for managing the risk can ultimately ruin a trader’s attempt at being a successful swing-trader.
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