If you have traded this market at all over the last two weeks - you know two things for certain: 1. The price action is unpredictable! and 2. Volatility is Crazy! If you survived or took minimal losses during this time, you are doing quite well relative to most everyone else. There have been mixed
My Swing Trading Approach Booked profits in a number of positions on Friday, reduced my long exposure, day-traded the market to the short side. Should the market rally, and hold the rally today, I will look to add some new long positions to the portfolio. Indicators
Monday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! Long Nvidia (NVDA)
My Swing Trading Approach I’m going to raise the stops where it is appropriate, and likely hold off adding any new long positions, unless the market can stabilize and rally. Indicators
Friday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! Long Marathon Oil (MRO)
This is by far one of the most difficult topics of trading stocks: Managing your emotions. I realize, as traders, we all have emotions that can affect are ability to trade, but it is how we deal with those emotions (i.e. Fear, Greed, Anxiety, Ego) that allows us to overcome them and become profitable traders.
While I dipped my toes to the short side during the month of March, I didn’t nearly capitalize as much as I could have that month. That is because of this T2108 chart, which measures the percentage of stocks trading above their 40-day moving average.Â
My Swing Trading Approach I may add another position to the portfolio today, depending on whether the market can sustain its pre-market strength. I will look to also preserve profits by raising the stops on existing positions. Indicators
Thursday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Get all of my trades that I make real-time by jumping in the Splash Zone and making some profits for yourself! Long Splunk (SPLK)
My Swing Trading Approach With the large gap down this morning, the market is in dangerous territory, and risks breaking Monday’s lows and eventually the February intraday lows. As a result, I will stay put in my trading, until the market has provided me with a more definite trading edge to work with. Indicators