I don’t typically post my weekly email as a post, but I thought it was a pretty informative one highlighting the success in the Trading Block as well as the conclusion of my recent three-part podcast series.
It was a great start today as the Trading Block trades from late May and so far this month are starting to pay off very nicely.
Yesterday I sold Starbucks (SBUX) at 63.68 from 61.78 for a 3.1% profit.
But there is even more to report. Check out some of my current Splash Zone Positions:
- Amazon (AMZN) currently has 4.7% in profits
- Ferrari (RACE) currently has 8.1% in profits
- American Airlines (AAL) currently has 5.1% in profits
But…
The best was the position I closed out this morning with Alibaba (BABA) when I closed it for a 10.1% profit! On June 5th, the Trading Block jumped in BABA at 124.95 and today it was sold it at 137.51.
Not bad at all!
So if you haven’t done so yet, jump on the profit train by becoming a part of the Trading Block with your free seven day trial.
I’d like to also direct your attention to my latest podcast episode on Spotify and also available on iTunes.
In this episode I wrap up a three-part series on one’s approach to trading. You can listen to all three episodes here:
I also plan to put a new post out on SharePlanner this week and hope you’ll give it a good look as there will be a new freebie that I’ll be giving away in it as well.
I hope everyone’s summer is off to a good start. That you have some fun vacations lined up and that we can all profit from the trading opportunities the market provides us with all summer long!
Lets go trade!
Ryan Mallory
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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– The A-Z of the Self-Made Trader –https://www.shareplanner.com/the-a-z-of-the-self-made-trader
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– Patterns to Profits — https://www.shareplanner.com/patterns-to-profits
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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.