Fuinhaz has been on a roll this week with his day-trades despite the market being more volatile than ever. You can see all his past performance here.
However, I wanted to use this post to describe in greater detail just one of the trades made and how well he manages the trade itself. In this particular case it is SolarCity Corp (SCTY). Which he managed to go long and short on, before he even took a lunch.
Here’s the trade and how it played out:
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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, it swing trading really worth it when you have a full-time job and does it make sense to spend the time and resources towards becoming a successful trader when you already are working that 9-5 job that doesn't really let you focus on the stock market each day? Ryan will cover how he traded when he was in the corporate world, and the strategies that one can use to allow you to find success in the stock market, even when working full-time.
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.
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