Daily Trading Plans

My Swing Trading Approach I didn’t add anything to the portfolio yesterday as the market was dull and not providing much substance to go on. I’ll consider adding a new long position today, if the morning strength can hold.  Indicators Volatility Index (VIX) – Two days in a row where early morning strength resulted in giving

My Swing Trading Approach I booked profits in Nike (NKE) at $80.47 yesterday for a +2.4% profit. I added another long position yesterday as well and will look to add more today, if this market can pull out of the bull flag that it is trying to form here.  Indicators Volatility Index (VIX) – Crashed and

My Swing Trading Approach I was stopped out yesterday in Square (SQ) for a +6% profit, and Amazon (AMZN) for a very small profit. I picked up another long position late in the afternoon, looking to play a bounce in the market today. I’ll look to add another long position this morning if

My Swing Trading Approach I have three positions currently in the portfolio. All profitable, but will need a pullback to justify adding a new position here. The market is certainly stretched and prime for some profit taking. Playing the dip is the best option here.  Indicators Volatility Index (VIX) - VIX has bounced the last two

My Swing Trading Approach I didn't add any new positions yesterday, and as long as the market is able to hold things together, despite pre-market weakness, I'll probably use today's weakness to add another long position.  Indicators Volatility Index (VIX) - Finally a bullish candle on the VIX yesterday, with a pop of 2.4%, despite the

My Swing Trading Approach I closed out my Short Inverse ETF in SPXU for a loss yesterday, but early on, added Amazon (AMZN) and Square (SQ) to the portfolio. Not sure if I'll be adding anything else today, the market will have to jump back into rally mode for me to do so.   Indicators Volatility

My Swing Trading Approach I added an inverse ETF on the S&P 500 yesterday (SPXU). Slightly underwater, but looking for this market to give back some of these steep gains from the past two weeks. I may add to my position by shorting additional ETFs should a market pullback take hold. Otherwise, I'll close out

My Swing Trading Approach I haven't added any new positions to the portfolio since Monday, mainly because it was obvious this market was due for a pullback and adding new positions here made zero sense. Use the pullback to find some good trade setups that will naturally bounce should the market eventually resume the trend

My Swing Trading Approach I didn't add any new positions yesterday, and that may be the case again today, until I can see what this market wants to do with overbought conditions (a rarity these days), and whether the market can consolidate some first.  Indicators Volatility Index (VIX) - Not falling like it was last week.

My Swing Trading Approach I added one additional long position to the portfolio. At this point, I don't want force any new trades, and will have to wait for just the right opportunity to add anything new, as the bounce in equities is starting to mature some.  Indicators Volatility Index (VIX) - Finished the day surprisingly