Futures have steadily improved and we are looking at a gap open above the overhead resistance level at 1173. As it currently stands we are in store for gains of about 1% at the opening bell rings.
LONG: Gannett Co. (GCI)
SHORT: Sterling Bancorp (STL)
Welcome to Swing Trading the Stock Market Podcast!
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In today's episode, I talk about tightening the risk on the trades and the benefits of taking a multi-pronged approach in doing so between profit taking and raising the stops. Also, I cover how how aggressive one should be in adding new swing trading positions and how many open positions that one should have at any given time.
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