What da!?! Say What!?!
Seriously – the SPX is hitting 1729 at the highs of the day?
I’ll be the first to admit I didn’t see that happening. I had four longs entering the day, and I added two shorts just to guard against a sell-off on tapering comments in the FOMC statement.
Weeeeeeeeeeeeeellllll…… there was no tapering comments. The bulls like, and the bears are probably throwing themselves off of building right now.
Honestly, I’m glad I was proven wrong on my two short positions, because it was to the benefit of my four long positions. What’s not to like about there?
In any case, Here’s my video for today on this market insanity!
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, at episode 500, I am diving into the lessons learned from trading over the last 100 episodes, because as traders we are evolving and always attempting to improve our skillset. So here is to episode 500, and to another 500 episodes of learning and developing as swing traders in the stock market!
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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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