
Showing “Patience” is often an excuse for being afraid to trade.
Sure there are days where the market isn’t showing itself to have any edge or direction, but over a period of time, not trading is often signs of a trader showing signs of fear or having the fear of failure.
Let me be frank, failure comes with trading. A certain percentage of your trades will result in failure every year. For me, it is about 43% of my trades on average are closed out for a loss.
However, it isn’t the fact that a trade is closed out for a loss that is the problem, but instead how you managed the loss.
In the past two years there has been this HUGE surge of online trading services that have popped up and claimed to be ‘experts’ in the field of trading, while never having experienced a downturn like 2000-2002 or 2007-2008. Instead they have had some success trading a market like 2013 which was probably one of the easiest markets one could trade, and as a result thought they were ready to offer their services to the public.
Now a lot of these services are climbing back into their holes and are proclaiming “Patience is Necessary” & “Cash is King” as an excuse for not trading.
The market has no doubt been hard to navigate, but within this broad based trading range, there has been multiple opportunities to trade this market. If you don’t believe me, just look at my past performance and you’ll see that I have been profitable every month so far this year. You can check out my trading past performance here.
And that is another point worth making, those who are standing on the sidelines not trading are also the ones now willing to furnish a public past performance for all of us to see and scrutinize. And the ones that did have either quit updating their past performance or have gotten rid of it completely.
I haven’t stopped trading at all this year; I have pushed ahead and taken advantage of the opportunities the market has provided. Sure there is a day here and there where I don’t find an opportunity to make a trade with an ideal risk/reward setup, but in the broader scope of things, there have been opportunities all year long for trading. With that comes a certain amount of trades that will not work out and result in a loss, but with the proper risk management you can still make a solid profit in this market and profit consistently in doing so.
I keep my stops tight where I am only risking 2-3% of a position on a given trade while looking to make 5-7% if not not more.
And once this market breaks out of the range that it has been trading in all year long, you can expect my profits to increase even more and provide even greater trading opportunities for the taking.
Regardless of the market, whether it be a bullish, bearish or nothing at all, opportunity exists, and its my job to find them and help you profit from them.
So join me today, and try out my service, the SharePlanner Splash Zone, and start profiting in any and all markets. Heck, if you can’t follow all my trades, you can duplicate my trades through Ditto Trade, which specializes in automating all my trades for members of the Splash Zone. You’ll also receive all my real-time text and email alerts of every trade made, updated, and closed out as well as access to my trading room where traders of all types come to every day to trade with me.
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.
Is it better to be lucky or skillful when it comes to being a good trader? I would argue you can have it both ways, but it requires that skill manages the luck, and at times when luck is simply against you too.
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.


