Big day in the markets, we closed above 1200 with decisiveness. It is eerily similar to the 9/1 rally that we saw 3 months ago that was a catalyst for two-plus months of gains in the broader market.
LONG: Petrohawk Energy (HK)
SHORT: Visa (V)
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 this podcast episode, Ryan discusses how really bad, losing trades in the stock market creates an impossible scenario for the trader in terms of what the right decision should be.
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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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