Trading Plan

My Swing Trading Strategy Yesterday was a wild open, with the market completely reversing the gains from the day prior, I sold my two long positions for small losses, right at the open and avoid taking on additional losses, and took on a position in SPXU which allowed me to recover those losses. The pre-market

My Swing Trading Strategy With yesterday’s pop at the open of the trading session, I was taken out of my position in SPXU for a +2.8% profit. Now the market is looking at reversing yesterday’s gains on the indices and I may be getting right back in to the short side, despite having added two

My Swing Trading Strategy No new positions for me yesterday. I considered shorting the Nasdaq some, but the volume simply wasn’t there in the selling, and I didn’t want to set my self up for a possible short squeeze right from the very start. I currently am shorting the market using a long position

My Swing Trading Strategy I kept my positions the same heading into the weekend,and means I am still short on this market, and at the very least, the open,should be quite favorable today. I may consider adding more short exposure depending on the price action in the early going, and the overall breadth and volume

My Swing Trading Strategy I stayed in cash most of the day, until then end, when I added a short position to the portfolio. Yesterday’s rally was impressive, but technically, it is doing little to fix the charts that were so heavily damaged last week and again this past Monday. The gaps down/up/down/up/down have made

My Swing Trading Strategy I’m coming into today 100% in cash. Tried shorting the intraday bounce yesterday, but quickly realized that wasn’t going to work, while also booking profits in McDonalds (MCD) too.  To say the least, I am quite suspicious of this market bounce, and highly doubt that the worst is behind us at this

My Swing Trading Strategy It was my third straight day without creating a new position. Why is that? Because, I wasn’t going to short the market when it was already down 100 points, and certainly didn’t find enough reason to buy the market yesterday. I’ve managed to profit off of the recent market selling with

My Swing Trading Strategy I didn’t touch the market yesterday. I wasn’t overly crazy about shorting a market that gapping down over 40 handles on SPX. Though it would have been a profitable trade, the risk/reward wasn’t there. Today sets up for a potential gap and crap, so it is very much worth

My Swing Trading Strategy I sold my inverse ETF position in SDS on Friday for a +3.2% profit. While I’d like to still be in that position today, considering how weak the market was, selling it on Friday did make sense as the price action was well below the lower bollinger band and the S&P

My Swing Trading Strategy Yesterday was a real clown act by the market. I originally closed out my position in SDS for a 0.6% profit, only to have jump right back in the trade later in the day following the Trump Tweet. Right now, I have one staple play and one short position.  Indicators Volatility