I haven’t made a single trade today. The indexes continue to churn up against expected resistance points and I’m not able to find any setups today. We also have the jobs report tomorrow and I’m happy with how my portfolio is setup going into tomorrow. I decided to take a look at the major indexes [...]
If I had to classify my trading style among trend trader, swing trader and day trader, I definitely see myself generally as a swing trader. For swing traders, last week was generally a complete waste of time. The major indexes closed in about the same spot as they opened on Monday.
The good: I played the [...]
Continue reading about Swing Trading, Trend Trading, Day Trading
Another week passes and it is still very difficult to determine whether to take a long or a short bias this week. We really have a mixed bag. Generally the setups look quite bullish but everything looks way overbought. The equates to sitting on the sidelines and trading alternative strategies since the market cannot be [...]
