My Swing Trading Strategy I’ve been sitting on my hands lately and a lot of the traders I talk to on the regular, are telling me the same thing. There aren’t a lot of trade opportunities out there and the market is lacking an incredible amount of conviction currently, which makes any aggressive approach to
My Swing Trading Strategy No new trades yesterday. Market was weak, and provided little-to-no trading opportunities. Considering how the market does with resistance overhead, I’ll consider adding a long position to the portfolio. Otherwise, if the market fades quickly following the opening bell, it may be reason to stay put, once again, and or add
My Swing Trading Strategy I made quick work of a day-trade in Square (SQ) yesterday for a +1.3% profit. Outside of that I sat on my hands, as the market is in very low reward/high risk territory when it is 1% below the all-time highs. Until we can push through that level, I’ll temper my expectations
The candles from the previous two trading sessions gave bears hope. I took the bait with one short position, and I paid for it today. As always I’m using a stop-loss that has yet to be triggered just yet, but now SPX sits just below all-time highs, in fact, less than 1%, and
My Swing Trading Strategy I added some short exposure yesterday. as SPY finds itself just barely in the gap after yesterday’s close and appears willing to give the gap fill a try from Friday. Not seeing myself being overly aggressive on the trading front, but could take advantage of some opportunities either long or
My Swing Trading Strategy I didn’t take any new trades on Friday, as it looked foolish to me to chase price ahead of the Trump/China trade negotiations. I am leaning more bearish heading into today and may look to get short again at some point today. Indicators Volatility Index (VIX) – A 13% drop on Friday,
My Swing Trading Strategy No new positions for me yesterday. Call me crazy, but I’m not going to load up on long positions when there is zero rhyme or reason behind these market gyrations. For Pete’s sake, the market is falling on whether or not the Chinese delegation ordered ham & cheese or just soup
My Swing Trading Strategy No new trades for me yesterday. Held on to my one short position, and watched the market go completely berserk in overnight trading. You have an active administration (not trying to be political here) that is actively engaged in countering every negative news piece that hits the wires with a positive
My Swing Trading Strategy I added one short position yesterday and starting out with a solid profit. Today’s gap higher (of course!) will threaten those gains, but will wait and see how the market handles the gap higher, as the tendency of late has been to fill any and all gaps. I’m open to adding
It has become a regular occurrence for the stock market to fall apart at all-time highs. Once the volatility gets near that 11-13 range, and the indices are trading at their all-time highs, the market starts to feel tipsy, and the sellers swoop right in. I hate trading long over the past year when the