My Swing Trading Approach Once again, yesterday was a day of day-trades for me. I faded the early market intraday bounce yesterday twice, First time, I was quickly stopped out for a small loss, and the second time I profited, allowing me to be profitable overall on the day, despite a market sell-off. Today, I
My Swing Trading Approach I took a day-trade in SPXU yesterday for a +4% profit, after I was knocked out of my two long positions at the open. Sitting in cash now, and would obviously like to still be in $SPXU, but I would simply be chasing it to get back in here. Also, with
My Swing Trading Approach I'm coming into today with two long positions, following a 100% cash position at the start of Friday. I will look to add 1-2 new long positions today, if the bulls manage to reverse the morning's slight weakness and rally the market higher. Indicators Volatility Index (VIX) - VIX saw a dramatic
My Swing Trading Approach I closed out my two swing-trades that I had open in SQ and NFLX for +5.3% and +1.4% respectively. I am now back in cash. And will consider getting back long or flipping to the short side, depending on the market's action today. Indicators Volatility Index (VIX) - Yesterday's VIX candle suggested
My Swing Trading Approach I've added two new long positions to the portfolio following yesterday's bounce off of the lows of the day. Of course, this market is on shaky ground and in order to add additional exposure I will need to see the market can bounce today. Indicators Volatility Index (VIX) - VIX continues to
My Swing Trading Approach For a second straight day, I am entering the trading session 100% cash. I attempted to trade two stocks long yesterday, but quickly pulled out of them, once it became obvious that the market had no intention of rallying, following an intraday breakout. Indicators Volatility Index (VIX) - Very little giveback yesterday,
My Swing Trading Approach I closed my position in SPXU for a +5.9% profit and my short position in QQQ for a +2% profit. Not bad for a day where the Dow was down 600 points. I'm sitting in cash now and looking to deploy some of it today, should the market bounce hold. Indicators Volatility
My Swing Trading Approach I added one additional short position to my already bearish portfolio on Friday. I could add another one, if the market really took a dump today, but I doubt that I do. However, I could see myself cover my positions today because the market puts in a bottom, or I ride
My Swing Trading Approach I plan to let the stop-losses in my existing long positions do their work, while my one short position should help to mitigate any of their losses. A major sell-off today that would put price back into the gap from Wednesday's price action and would likely stir the bears to start
My Swing Trading Approach Following a massive stock market rally yesterday, across the board, I have a few trades in mind for today, but don't see myself adding but one new additional trade, and that is assuming the market can hold yesterday's gains, which looks slightly problematic at this point. Thursday's Swing-Trade Ideas: Take a