Long BIDU at $109.26

I bought shares of Baidu (BIDU) this morning on a test of the 20-day moving average. After forming a bull flag, this stock look to move much higher. But no one can be sure of that, and that is why I put a stop-loss in there at $104.74.

Here’s the Chart Analysis on BIDU.

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Swing Trading the Stock Market

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.

Ryan Mallory analyzes one trader's swing trading strategy and whether there are any flaws or issues with his strategy.

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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.