It was an incredible month of Octobrer, we’ll post the official stats on it tomorrow, but we had over 50% in gains on the month – in just one month! A great month of trading for both Oscar and myself, and we’re looking for more of the same in November.
With that said, let’s get to the watch-list for tomorrow:
Long: The Wendy’s Company (WEN)
Long: Aruba Networks (ARUN)
Short: Brookfield Properties (BPO)
Short: Goodyear Tire & Rubber (GT)
Short: Diane Shipping (DSX)
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.
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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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