Daily Trading Plans

My Swing Trading Approach I’m continuing with my cautious approach to the market right now. In the pre-market, the futures are slipping a little bit, so I’ll wait to see whether the market can bottom and rally higher. I don’t expect to add more than 1-2 new positions today, while maintaining profits in my current

My Swing Trading Approach Playing it cautious yesterday – added one additional play on the dip yesterday, but I am sitting on 80% cash, and if the market cannot rebound today, I will look to keep it that way today. Short plays at this juncture looks like a trap with the market’s low volume and

My Swing Trading Approach Good chance I will be looking to sit on my hands today, unless the dip buyers step in and aggressively buy up this market. Raise my stops to protect profits, and wait for an opportunity to present itself.  Indicators

My Swing Trading Approach I am willing to add a new position to the portfolio today, but I have to be extremely “choosy” with my opportunities here, because the market is overbought, and I have little desire to add more exposure at the tail end, before seeing a normal market pullback.   Indicators

My Swing Trading Approach I’m not opposed to adding more long exposure, but may wait for some consolidation in price or a light volume pullback first.  Indicators

My Swing Trading Approach I am following the downtrend that the bulls are testing at the open today on SPX. Should it break, I will look to steadily increase my long exposure in the market, while protecting my profits in existing positions.  Indicators

My Swing Trading Approach Some resistance lingering overhead that I note below, and providing issues for the overall stock market. I will consider adding another position to the portfolio today, but won’t allow myself to stretch too far out. I will look to protect profits on existing positions as my #1 priority.  Indicators

My Swing Trading Approach I added and subtracted from my portfolio yesterday. While, I would like to still be in an oil play going forward, I don’t want to be in one ahead of Trump’s Iran announcement. I’ll likely play it cautious ahead of the announcement at 2pm eastern.  Indicators

My Swing Trading Approach Similar to yesterday, I will take a very cautious approach with this market. Less is more in this market and I do not want to rapidly increase my long exposure with such incredible uncertainty. Only under very bullish circumstances today, will I add additional long exposure to my portfolio. Indicators

My Swing Trading Approach I expect to remain light on my feet today, as the bulls are struggling, and I do not want to add more long exposure in this kind of market. I will be raising the stops on existing positions this morning to help secure profits.  Indicators