My Swing Trading Strategy I took profits in my two-day trade in Twitter (TWTR) for a +1.3% profit. Not a ton (but more now with free commissions of course ?) but considering that the market is looking at a significant gap lower this morning, it confirms my concern with the market going into today. I will be
My Swing Trading Strategy I added one new long position on Friday. Still concerned about the ability of this market to march all that much higher, which is why I am extremely light at this juncture. Completely willing to add short positions and wouldn’t be surprised to see myself do so before the end of
My Swing Trading Strategy No new positions yesterday as I sat on the sidelines. Market breadth looked questionable, and not real panic moment for the market that would lead me to believe a bottom had been put in place. Indicators Volatility Index (VIX) – A 7% drop yesterday took the indicator back down to 19.12. Not
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