My Swing Trading Approach I have one long position coming into today. I covered my short position yesterday on SPY for a 3.1% profit. Looking to add additional long positions, as the market allows for, today. Indicators
This is a break from the usual nightly watch-list. I've put together a video about trading stocks, namely shorting stocks with the 200-day moving average in sight. Enjoy! Â
My Swing Trading Approach Flexibility over conviction. I want to play the market whichever direction it decides to take me. I don’t hold a strong conviction about this market either way, and as a result, I don’t want to have too much of my capital committed at once. Indicators
My Swing Trading Approach Gap ups of late have been difficult to hold, but nonetheless, should it do so, I will look to cover my one short position, and add to my long positions. Indicators
My Swing Trading Approach The 10-year rate is increasing, which is cause for concern. Also, a slew of earnings reports this week, to keep a close eye on. Lighter in the portfolio, is better, until there is some trading clarity. Indicators
My Swing Trading Approach I lightened up my portfolio yesterday, following the pullback, and booked 5% in my trade in Anadarko Petroleum (APC). The market remains bullish overall, and will look to add 1-2 new positions today Indicators
My Swing Trading Approach I am not opposed to adding more trades to the portfolio today, but the market needs to be favorable for it to happen. We could see a pullback, and I don’t want to buy ahead of that, even if it is likely to be just temporary. Indicators
My Swing Trading Approach The bulls are regaining a firm grasp on this market and the bears are being forced to cover in mass. I will look to add 1-2 new positions today. Indicators
My Swing Trading Approach I increased my long exposure yesterday, and may look to do so yet again today, should the market strength continue. Overall, the market conditions are picking up and becoming much more ideal for swing-traders. Indicators
My Swing Trading Approach I reduced my long exposure some on Friday, but still maintain 30% long and 70% cash. So if the market gap higher this morning can hold up, I’ll look to add more to the long side. Indicators