My Swing Trading Approach Nothing much going yesterday. I didn't like the risk/reward to the downside, which in hindsight wasn't actually all that bad considering the extent of the sell-off. I did play the bounce in Amazon early on, and while it looked promising, fell apart in the afternoon. Today [...]
My Swing Trading Approach I played SPXU twice on Friday. I closed it out early on when it looked like the bulls might try to take the market back up for a +2.8% profit. But shortly later, I re-entered the trade again, and sold it at the end of the [...]
My Swing Trading Approach I didn't add any new positions yesterday, as the market was dull and didn't afford any real trade setups. I still have SPXU and will look great heading into the open today. If the market can wash out the longs and put in a healthy bottom, [...]
My Swing Trading Approach I booked my profits in AMZN and NFLX yesterday as the market was starting to pullback. I took +2.5% in NFLX and +1% in AMZN. Right now I am net short on the market, but won't hesitate to get long again, if the conditions merit that. [...]
My Swing Trading Approach I added two new long positions yesterday and closed NVDA out at $150.95 yesterday for a flat trade. I will be very tentative about adding any new positions today and will let the market play itself out in order to show it can handle a gap [...]
My Swing Trading Approach I added one new long positions yesterday and look to add another today in the early going. However, tight stops are necessary as it won't take much for this market to reverse course and trend lower yet again. Indicators Volatility Index (VIX) - Matched its highs exactly [...]
My Swing Trading Approach I will be looking to add additional tech exposure today as well as raise the stops on my existing, profitable positions. Market has to hold up in the early going though, for me to commit additional funds. Indicators […]
My Swing Trading Approach Plenty of long positions already in the portfolio. I will look to add 1-2 new long positions today on improved bullishness over last week. Careful not to add additional shares of anything if the market is not willing to commit to a direction. Indicators [...]
My Swing Trading Approach Tighten the stops, and I may add more long exposure, but the market will have to recover from the pre-market weakness in order to do so. Indicators […]
My Swing Trading Approach Good decision on my part not to add any new long positions yesterday, considering the pre-market weakness I’m seeing ahead of the open. If the bulls buy the dip, I may use it as an opportunity to add some more long exposure, but either way, caution [...]
