Futures have taken quite a hit off of its overnight highs, and the Jobless Claims haven’t been embraced by the street as a whole with its miss this morning. Nonetheless, the market still is aiming at a positive open, albeit a slight one. I’m not inclined yet to get rid of this hedge position.
LONG: Apogee Enterprises (APOG)
SHORT: Allied Nevada Gold (ANV)
Welcome to Swing Trading the Stock Market Podcast!
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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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