I managed to rebound with my daily stock picks after last week’s sub-par performance. This week there is no real eye-catchers, but the long setups did decently well, and the short setups managed to not get banged around too bad, with two of them finishing in the green.
For the purposes of this exercise, I took the price at the market open the day I issued the stock pick (which typically is the worst time to be starting a new position in my opinion), and took the share price of the stock, had I held it up until today (unless the stop-loss was triggered before then, at which I would consider the stop-loss to be the exit-price). This is different than the SharePlanner Swing-Trading System. For a review on its performance, Click Here.
Below is the performance table in detail.
Welcome to Swing Trading the Stock Market Podcast!
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Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
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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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