I assume the worst from my trades, that they will always be unprofitable For most of you that is probably the most asinine statement you’ve ever heard a trader make when it comes to managing trading losses. But it is true! I don’t look at my next trade as one that I will make a
I thought I’d shake things up a bit, and redesign the daily trading plan. Honestly, I became a bit bored by how I was doing it before. And if I’m getting bored with it, you probably are to. So lets fix that with what I’ve put together to replace it: The Swing Trading Strategy Report.
Yesterday’s rally didn’t quite seem there was a great deal of conviction behind it. Perhaps with the Fed set to release its FOMC Statement today, we’ll get the market to provide us with a decent size move. Over the past four trading sessions, the market has been rather quiet.Â
3 days of selling of less than one point per day That is what SPX has averaged over the course of the last three days when it finished lower each day - less than one measily point. For the bears that has to be infuriating. I don't blame them - I would be too, if
I'm not a big fan of streaks when it comes to stocks I mean it is nice while it lasts, but like any financial instrument that is rallying, eventually there needs to be a pullback and on Friday you got one with a whopping 0.04% pullback on the Nasdaq. How amazing, right? That is the
Support holding strong, dip-buyers still flying in at any moment of weakness. Yesterday was a sound day for the bulls from a technical standpoint. For one, the S&P 500, by a large margin, saw a huge uptick in volume from the day before. Which is good, because I kind of thought the market was dying
What was that yesterday? Where was the volume? That had to be one of the least interesting trading days in my entire trading career. I mean, it was horrible, miserable – and outright boring.Â
Today’s stock picks The second half of the year is underway, and if you’re not in the Splash Zone, you aren’t in the right place. Jump in and sign up for a free trial to the SharePlanner Splash Zone. Long Amazon (AMZN)
All time highs without a worry in this world. It really is impressive how the market will rebound every time from even the smallest of sell-offs to hit new all-time highs, time and time again. There is a lot of risk out there – tons of it. Despite all the horrible headlines that could readily