My Swing Trading Strategy No new positions for me yesterday as I sit in 100% cash and watching as this market drops. Once I see a sign that there has been a panic flush out to the downside, I will consider a long position. Chasing short positions at this juncture isn’t ideal from a reward/risk
My Swing Trading Strategy With the ISM report that came out yesterday and instantly reversed the market in a very hard and quick manner, it has suddenly created a much more bearish market going forward. I tightened my stops today, and will continue to do so where necessary going forward. Indicators Volatility Index (VIX) – A
My Swing Trading Strategy I covered my short position early on yesterday for a loss, and added one additional long position to the portfolio. I will not be looking to add any additional long positions to the portfolio, and will manage my existing ones today. Indicators Volatility Index (VIX) – Dropped 5.7% yesterday to 16.24, and
My Swing Trading Strategy I added one new long position and also a short position to hedge against any possible market sell-offs today. At this point, I have enough long positions in the portfolio, and will look to simply manage the portfolio’s current positions rather than adding any additional positions today. Indicators Volatility Index (VIX) –
My Swing Trading Strategy I didn’t add anything new to my portfolio yesterday, and may not even do so today. The market has to provide some direction – some conviction. Right now, it has been lacking that as it has sold off four of the last five days. It is showing a willingness to bounce
My Swing Trading Strategy I closed out my Long position SPXU (Inverse 3:1 ETF of SPX) yesterday for a +3.2% profit. After that I added three additional long positions to the portfolio. I will look to ride those three positions higher in the coming days, while being very selective about adding any additional long
My Swing Trading Strategy No new positions added to the portfolio yesterday, though I did tighten the stops, and will look to do the same again today, while also possibly adding more 1-2 new trades as well. Again, when the market is uncertain, and not overly accommodating, doing less is more, so I am very
My Swing Trading Strategy It was a relatively quiet day of trading for me yesterday as I didn’t book any gains, and added only one new position to the portfolio. The market, as it sits a shade below its all-time highs, isn’t providing a ton of clues or showing any substantial conviction as to what
My Swing Trading Strategy I took profits yesterday in BABA for a +2.3% profit, while getting knocked out of another long position at my stop following the China news that hit the wire. I still have one long position and one short position – both of which are holding respectable profits. If the market continues
My Swing Trading Strategy I booked profits in Square (SQ) yesterday at $59.01 for a +2.6% profit. Not as much as I would have liked, but it simply could not push and stay above the resistance at $60. I added two additional new trades yesterday as well including a short position on SPX. Indicators Volatility