My job as a trader isn’t to match the market dollar for dollar on every move it makes. 

Sometimes my moves will be more and sometimes it will be less. The key though is to be consistently profitable. And that is something I pride myself on as a trader. 

Yes, this week the market went absolutely bonkers. Was I 110% long for that Tuesday through Friday rally. Noooooo! But what I did all throughout the week and weeks before that, was manage the risk. We get so caught up in the profits of the trade that we forget that the most important aspect of being profitable is managing the risk on the trade. 

When you keep the losses small by managing the risk tightly, you’ll be amazed at what kind of profits you can create for yourself. 

Since the month began on Tuesday, I have only placed four trades, and I am in a position going into next week where I can either continue with the upward trend of the market, or be ready to capitalize on a sell-off to the downside. Either way, while other traders will be bracing for a pullback, I’ll be looking to profit from it. 

Here is my trades for this week:

 

Managing the risk, and letting the profitable trades run as long as possible, will put you in a position to stay profitable in an ever-changing market. 

If you’d like to experience the true meaning of consistent, profitable trading, then give the SharePlanner Splash Zone, a try by signing up for a Free 7-Day Trial. With your membership, you’ll have access to the best chatroom of active traders, my real-time swing-trade setups that I post in the chatroom as well as via email and text (international too). So it is time that you give it a try and begin learning what it means to succeed in the stock market.

With The Splash Zone, you will get my low risk and high probability trade setups that no other trading service can offer.

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