What indicators do you use in your trading? Are they helping your or hurting your trading. Do they really complement your trading strategy - and finally, is there one indicator or set of indicators that represent the 'holy grail' of trading? In this podcast I talk about my approach as it pertains to using indicators to complement my trading and how they relate to price and volume as well as answer all the other questions above so that you have no doubt as to the role that indicators should...
Patience is a major trait one must has as it pertains to successful swing-trading in the stock market. If you don't have it, you won't succeed. That goes for not only swing-traders, but for day-traders, forex traders, cryptotraders, options traders and the like. Patience in the stock market means you have to be okay with being bored, and when the stock market gets boring and dull, you learn not to keep adding more positions, just because. Patience is key - without it - you have nothing.
The stock market's most important moving average: The 200-Day Moving Average. It is the line between what is considered a bullish market or a bearish market. In this podcast, I talk in-depth about how I trade around the 200-day moving average and how I profit from it.
This is by far one of the most difficult topics of trading stocks: Managing your emotions. I realize, as traders, we all have emotions that can affect are ability to trade, but it is how we deal with those emotions (i.e. Fear, Greed, Anxiety, Ego) that allows us to overcome them and become profitable traders.
A lot of traders ignore completely the price action of the broader market. This will never end well. If the market is heading south or in the midst of a strong sell-off, that is not the time to be adding new long positions. Simply because the stock managed to trigger an alert for you to do buy the stock, or because a stock pulled back to the price level you have long desired to trade it at does not always mean that you should. Price alerts do not mean you should pull the trigger...
How I use stop-losses to become a more profitable swing-trader. I go over exactly how the manner in which I manage my losing trades will directly result in how profitable I am overall. Using stop-losses and the way in which I use them is key and that is what I discuss in this podcast.
Keeping and managing a well-put together watch list is not all that hard and what I am going to do is outline four simple steps that you can take to creating and optimizing your list of stocks to watch so that it benefits you the most.
I've just launched my FREE Training Course called, "Patterns to Profits", where I detail my favorite trading patterns as it pertains to day trading, swing trading and long term investing. I also go into great detail explaining how I manage the trades as it pertains to risk, where I stage my entries, and how I book those profits. Get my training course, Patterns to Profits, Free Today: https://shareplanner.teachable.com/p/patterns-to-profits/
Trying to find the right trading strategy that will help increase your profits is incredibly important. Maximizing your stock market profits is done by minimizing the risk whenever and wherever you can. These two elements of trading go hand-in-hand. Let's discuss this further in this week's podcast.
Buying the Dip is a popular concept in trading today. I'll be discussing in depth about what dip buying is, should you be buying the dip, and how you can safely do so, while also knowing when not to buy the dip.
If you are nervous about this stock market and where it is going, you have good reason. Undoubtedly, the stock market is in a new bubble largely created by the Fed and its actions over the last 8 years. But you can still profit, but in order to come out with the profits when everything crashes, you have to be willing to manage the risk along the way and that is what I talk about in this podcast episode.
The last of a 3 part series where I talk about the three steps of successful trading. 1. Trade what you see 2. Manage the risk 3. Let the profits take care of themselves These are 3 key steps to being a profitable and successful trader in today's stock market.
Learn why there are no perfect trades and how a recent trade of mine left me wishing for what could have been, despite knowing that I made the right decision to remain disciplined in my trading. This will provide you with encouragementg as you tackle your own trades and seek to be profitable in the stock market.
Make sure you don't get hit hard when a bull market eventually ends and the steps that you can take to walk away with all of your profits and then position yourself to profit from a pullback in the stock market using Ryan Mallory's swing trading and day trading techniques.