If you still think this is a free market, I have a bridge to nowhere I’ll sell you.
Look, whether the market continues to go up or it eventually corrects itself, I’ll align myself with its direction accordingly. But in doing so, doesn’t mean I agree with what the market has become. It sickens me to the core. So much so, that I have been a life long GOP voter, and this evening, I changed my voter registration to Libertarian. I can’t stand the notion that every time the economy has a hiccup, we have to bail it out in a fashion far greater than what has ever been seen before in order to prevent a natural business cycle from running its course.
Literally, we are paying people more money not to work right now, than to work, and then penalizing small businesses for when they can’t rehire employees in order to meet PPP requirements. The whole system is broken, and both parties are to blame. I’m done with the clown show on both sides. I’ll happily cast my vote for a party that wants government to stay the hell out of my life.
I’m done with this rant, but while we keep pumping the markets up – here is my bullish watch-list that I’ll be using this week. Of course, I’ll be adding and subtracting from it throughout the week, but in order to get that, you have to be part of the Trading Block!
Here’s my watch-list of long setups I am following:
Welcome to Swing Trading the Stock Market Podcast!
I want you to become a better trader, and you know what? You absolutely can!
Commit these three rules to memory and to your trading:
#1: Manage the RISK ALWAYS!
#2: Keep the Losses Small
#3: Do #1 & #2 and the profits will take care of themselves.
That’s right, successful swing-trading is about managing the risk, and with Swing Trading the Stock Market podcast, I encourage you to email me (ryan@shareplanner.com) your questions, and there’s a good chance I’ll make a future podcast out of your stock market related question.
Emotional trading will destroy one’s portfolio. Aiming to hit home runs with every trade is a sure sign that the trader is overly emotional and only cares about fast money. In this podcast episode Ryan explains how chasing after stocks like MicroStrategy (MSTR) without a plan for managing the risk can ultimately ruin a trader’s attempt at being a successful swing-trader.
Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at: https://www.shareplanner.com/premium-plans
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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.