What would we do with out Oscar’s high probability day-traidng setups?
Day after day and week after week he brings traders in the Splash Zone the best in intraday setups, with today netting subs $256.14 on a $25,000 portfolio and brining the month’s total to $3,408 and $13.6%.
On the Swing-Trading front I padded my gains for the month some more and added two new positions but did not close out any exisitng trades in the portfolio. I’m about 70% long and with the FOMC statement, I want to stay at that level or less. So any new positions added tomorrow will result in a position that I close out too.
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Now, let’s get to matters at hand with tonight’s trade setups:
Long: Alcoa (AA)
Long Royal Caribbean Cruises (RCL)
Long Steel Dynamics (STLD)
Long Owens Corning (OC)
Long Portland General Electric (POR)
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.
How to trade a stock split: in this podcast episode Ryan talks about the impact of what an announced forward stock split means for a stock that you are considering swing trading, or may already be trading. Also covered are the risks, and the strategy behind stock splits for investors and traders alike.
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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.
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