Here’s an update on my 4 of the 5 open positions that I currently have. I provided you last night with an analysis on DDM, the ETF I picked up on Friday so be sure to check out that write-up too. As it currently stands I am profitable in all five positions and three of them have seen solid gains taken in each of them, leaving me with a half position open in each of those.
PetMed Express (PETS)
Overseas Shipping Group (OSG)
Hewlett-Packard (HPQ)
Lexmark Intl (LXK)
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.
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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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