February has been yet another great month of trading in the SharePlanner Splash Zone!
And yet for traders in general, it couldn’t be a more difficult month for navigating the markets.
Just this week you had a market ready to breakdown, followed by a monster rally that took the market right up to a close at the top end of its trading range.
Earlier this month, you had a massive sell-off that took price below a critical support level and a multi-year neckline of a head and shoulders pattern, only to be saved intraday, by an OPEC supply cut headline that was later proved to be false.
And here we are at the end of the month and the S&P 500 is only up 0.36%.
So how does one profit in this market? By being flexible and nimble with the market and allowing it to take you where it wants. And most importantly not holding on to the bias that you have and where you think the market should go, but going with where the market IS going.
With that said, here is my swing-trading past performance and see for yourself, how I have outperformed the market in February by over 6x in profits. (SharePlanner’s 2.4% vs. S&P 500’s 0.36%)
Check it out for yourself:
Yup, it was a fine month indeed!
If you’re interested in trading in the SharePlanner Splash Zone, then try it out with a Free 7-Day Trial that you can cancel at any time. 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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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 today's episode, Ryan answers the questions of one listener ranging from his transition from paper trading to live trading, and swing trading to day trading. Also addressed is his approach to trading, specifically Fibonacci retracement levels and why Ryan prefers Pivot Points instead.
Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at: https://www.shareplanner.com/premium-plans
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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.