Fuinhaz $SPY read for October 29 2013

$SPY 1st support is 176.25, 2nd support is 175.95 and 3rd is 175 (8EMA).

$SPY 1st target 181.15 (next long term target)

Trade what you see, not what you think.

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Swing Trading the Stock Market

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 this podcast episode, Ryan Mallory talks about the big losses that traders experience and what to do with them when the amount of the loss seems impossible to come back from.

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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.