The market isn’t going much of anywhere so far today, but the uptrend remains well in tact.
So far today, SPX is holding the 5-day moving average which leaves little reason to doubt that the market won’t continue its current rally that it has been on of late.
Below I have provided the current list of the stocks that I’m am following this week and what I am trading off of. One new position has already been added today.
Here’s the current bullish list of trade setups:
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.
How do you handle swing trading when you suddenly come across a notable increase in your net worth? Whether it is through an inheritance, a job bonus, or the sale of a large asset, How should this be handled exactly? In this podcast episode, Ryan explains his approach to a sudden increase in capital for trading and how one should handle it.
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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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