Video: https://youtu.be/z-6B9Yd7xP0Mentorship Recording: https://blog.bullsonwallstreet.com/swingmentorshipFriday's gap down was not promising since it signals a failure t highs and crossed below the 9ema on the SPY chart. Weekend futures show more weakness heading into Monday's open on news out of Turkey. We remain cautious and are in a good place with 3 positions that are in green right now and have stops at entry level. Thus, if the market pulls back, we are either break even or green (unless there is a major gap down). I am starting to add potential shorts to the watchlist, although I am not yet bearish, and actually still am slightly bullish.I was stopped out of FB and took profits in LULU. Watch the video for discussion of how this is an example of managing risk reward (winning off a 50% break even win rate).Focus List: OLED, AAOI, ETSY, SFIX, AAXN, COUP, SHOP, SPOT, TSLA, BIDU, X, FB, WTW, EXPE, TTD, MZOR, ONCE, SGMSPotential Shorts: WWE, IQV, ROKU, YELP, IIIN, GTLS, RHIIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPCurrent Positions: Still holding FB, LULU, GRUB, PETS, NFLX.
Please read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Wayhttps://blog.bullsonwallstreet.com/23-laws-part-time-swing-trading-market-speculator-way/How To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/29 Essential Trading Posts: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
