Trading Plan

Swing Trade Approach: Added two new long positions on breakouts yesterday while moving my stop-losses up on a number of existing trades. A number of my positions are also tracking the moving averages and any close below them, will lead me to closing out my positions. The stock market is looking at a 3-day

Swing Trade Approach: Overall a profitable day. I scaled back a tad, my long exposure, while keeping my short exposure the same. Still, I’m not against adding more positions here, but I have no desire to take on a ton of new long positions. I sold half my position in Shake Shack (SHAK) for a +12%, sold half

Swing Trade Approach: Closed out the last half of my Beyond Meat (BYND) trade $119.95 for a +37% profit. Stopped out of my Amazon (AMZN) position for a +2% profit. It’ll be interesting to see how much the Target Sales slash trickles into the rest of retail today. I’m not being overly aggressive to the long side

Swing Trade Approach: Good day for profit taking, taking half of my position off in UBER at $34.27 for a +13.7% profit, and Beyond Meat (BYND) at $94.57 for a 8% profit. In both cases, I’ll let the rest of the position ride out. I added one additional long position, and still have a

Swing Trade Approach: Took off half my position in Baidu (BIDU) at $140.29 for a +9% profit, and will let the rest ride. Also closed out all together my positions in Lowe’s (LOW) and Take Two Interactive (TTWO) for +2% and +3% in profits respectively. The profits are piling up and the rally in the market is quite amazing as the bulls

Swing Trade Approach: Took half my position off the table in McDonalds (MCD) for a quick 4.1% profit. I’m looking at this point for obvious reasons to close out a trade. As good as this rally has been, I don’t want to be a person who doesn’t take advantage of an amazing market rally and

Swing Trade Approach: Took some small gains off the table of trades Amgen (AMGN) and Starbucks (SBUX) that simply wasn’t providing enough return for the risk I was taking. Got knocked out of my Micron (MU) short trade at the open, following that damn upgrade they received this morning. Overall, I was fine with the returns

Swing Trade Approach: I mean, the market gives little incentive to those looking to short this market, so it is hard to have any sizable short presence in this market. I have a few positions, but I am by and large, very long on this market. I’m looking for reasons to book gains at this

Swing Trade Approach: Some seasonal factors starting to hit this market strong. Yes, this is usually a bullish time for the market at this time of the year, and we are seeing nothing short of that. With the Fed blowing the top off with repo purchases, this market is likely to buck all reason and

Swing Trade Approach: Nearly three days of extremely dull price action. I don’t have high hopes for that changing tomorrow. Essentially what you have is a market that only pushes higher on the Fed’s “Not QE4”. China trade news, for now is out of the way, and the market is simply in a holding pattern.