The Daily Long and Short Setup

Employment came out and instantaneously futures dropped about 1% and has been there ever since. If the bears are going to make anything of this year, they need to take advantage of today (they’ve become quite known for seeing big drop offs only to finish the day in the green).

LONG: Wipro (WIT)

SHORT: Hecla Mining (HL)

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Swing Trading the Stock Market

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 gives a dire warning to traders in this stock market who are continuing to bid up stock prices believing that a major market bottom has been put in place, using reckless trading strategies and piling into overvalued stock trades.

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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.