There is a lot that could go bad this week. Apple (AAPL) earnings are after the bell, then you have Amazon (AMZN) later in the week. Not to mention the slew of economic news from the Fed tomorrow at 2pm eastern when they release their FOMC Statement and then again with the GDP to close the week out.
A combination or all of these events coming in sour for investors could lead to some downside in the market. For the past two weeks now, the market has essentially stood still and waited for these events to unfold – as can be seen by the insanely tight price action and lack of market volume.
Right now the market isn’t tipping its hand, so you have to still assume the long position until we start seeing the start of a breakdown in the market.
Until then, make sure to spend some time going over my list of short setups as they will assist you in coming up with a trading strategy should this market decide to start pushing lower again.
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
📈 START SWING-TRADING WITH ME! 📈
Click here to subscribe: https://shareplanner.com/tradingblock
— — — — — — — — —
💻 STOCK MARKET TRAINING COURSES 💻
Click here for all of my training courses: https://www.shareplanner.com/trading-academy
– The A-Z of the Self-Made Trader –https://www.shareplanner.com/the-a-z-of-the-self-made-trader
– The Winning Watch-List — https://www.shareplanner.com/winning-watchlist
– Patterns to Profits — https://www.shareplanner.com/patterns-to-profits
– Get 1-on-1 Coaching — https://www.shareplanner.com/coaching
— — — — — — — — —
❤️ SUBSCRIBE TO MY YOUTUBE CHANNEL 📺
Click here to subscribe: https://www.youtube.com/shareplanner?sub_confirmation=1
🎧 LISTEN TO MY PODCAST 🎵
Click here to listen to my podcast: https://open.spotify.com/show/5Nn7MhTB9HJSyQ0C6bMKXI
— — — — — — — — —
💰 FREE RESOURCES 💰
— — — — — — — — —
🛠 TOOLS OF THE TRADE 🛠
Software I use (TC2000): https://bit.ly/2HBdnBm
— — — — — — — — —
📱 FOLLOW SHAREPLANNER ON SOCIAL MEDIA 📱
*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.
You Might Like
The Retail Trading Revolution: How Small Investors Are Reshaping the Stock Market
Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day
How to Trade a Bear Flag