Trading Strategy:

Trading Notes: I plan to play it safe here in the early going  until I can see whether the bears want to hold the breakdown we are seeing in the pre-market, or if the bulls plan to rally stocks back up. There are some individual short setups I am watching this morning as well, offering quality reward/risk setups. Also, I will be out of the chatroom on Wednesday and Thursday of this week, in observation of the Christmas holiday. As anyone who has been a member for sometime, knows that I don't take many  breaks (even though I'll still be watching the market and making any necessary adjustments still), and so these times are great mental breaks from the rigors of the financial markets to get me ready for the new trading year ahead. 

Trading Activity:

Setups Triggered: None

Setups Waiting to Trigger: None

Active Trades: None

Trades/Setups Removed/Closed: SPXU (1/3), SPXU (2/3)

(NT=Never Triggered, 1/2=Half position, 1/3=Third position)

Additional Strategies & Ideas: These are not official trades that I take, instead they are opportunities and setups that I find of interest each day and charts that I send out via WhatsApp to Trading Block members (Download the app and send me a message at 321-522-6733). 

A Bounce Play

$TTD bounce play off of major support. Sets up well, if tech is to bounce this week, but will largely depend on whether the dip buyers show up to rally stocks yet again. Solid reward/risk setup. However, with the market open that is being seen this morning, I'm not compelled to even try this bounce play until we see some stabilization in the broader market. 

ttd chart

Trading Notes: $SPY continues to bounce off of that 50-day moving average. Kind of annoying to sustain any position to the short-side, and 470 makes any long position hard to stay in as price continues to fade that level. Very little room for price to move, and it will require one of these levels finally breaking, which should ultimately provide better direction going forward, when it does happen. 

SPY 12 17

Page 1 of 129

facebook shareplanner   twitter shareplanner   stocktwits shareplanner   youtube shareplanner   instagram shareplanner   linkedin shareplanner   swing trading the stock market podcast   mail

Ryan Mallory About 1 16 17

Hey There! I'm Ryan Mallory

I'm a successful, full-time trader and I'm ready to help you take your trading to the next level.

Let's Get Started!

swing trading strategies

Read more on becoming a better trader

5 Steps to Making Back Your Losses

How to avoid a large drawdown in your trading account This is the kind of post that no…

Fighting Stock Market Crash Paranoia in a Raging Bull Market

Paranoia about a possible stock market correction, or worse, a crash can result in bad…

4 Reasons Why it is Good to Get Stopped Out of a Trade

You read the title and you probably think that I have lost my mind to say that getting…

Always Assume You Will Lose On Your Trades: 3 Ways You Can Keep The Losses to Minimum

I assume the worse from my trades, that they will always be unprofitable. For most of you…

How to Use Top Down Stock Trading Strategies to Maximize Profits

The best stock trading strategies require a Top-Down approach But when it comes to…

How To Be A Trader: 3 Strategies To Make You Profitable

How to be a profitable trader is more than just picking stocks "Give me a good stock…

How to Use Stop Loss Orders and Increase Trading Profits

Always use a stop loss order If there has ever been one aspect that I have beaten into…

How to Develop a Powerful List of Stocks to Watch

Creating a list of stocks to watch is not complicated and actually straightforward I…

Allotment of Shares: Don't Worry About How Many Shares To Buy

How many shares you can buy doesn’t matter I know, I know, we all want to have thousands…
3 Trading Strategies For Increasing Your Stock Market Profits

3 Trading Strategies For Increasing Your Stock Market Profits

Trying to find the right trading strategy that will help increase your profits is…

Real-Time Market & Trade Updates

Real-Time Market & Trade Updates