Still no clear direction from the markets heading into the open. Makes for a great gap play, albeit a small one at this rate. We’ve got the Consumer Durables report coming out in just a few minutes so that should add some shock-effect to the markets.
LONG: Rambus (RMBS)
SHORT: Bed Bath & Beyond (BBBY)
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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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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