Video: https://youtu.be/Pxa1bmGOCKgSign up for Today's 9am PST Mentorship Session: https://attendee.gotowebinar.com/register/560034440280247297Mentorship Recordings : https://blog.bullsonwallstreet.com/swingmentorship/Note: have stops in place I will be out the first 1.5 hours of trading day.While the market was up today, focus list stocks and stocks in general were more of a mixed bag, as were QQQ and IWM. Trade wars are a concern, but more important short term technicals and breadth indicate a rest or even pullback. Premarket futures are down .6-.9%, so have stops ready. We will watch intraday action closely for potential reversal. I the gap down levels hold and reverse, its a positive market signal.Stops: HUYA 29, SRPT 129, NFLX, 398 PANW 202. In today's video I discus risk and how the total losses on these 4 positions is potentially around $1800, which is very small compared to what wins are averaging (most wins are in $1500-4k range, while 4 losses combined could potentially be $1800). This is how we think about risk reward on a macro level.I took profits in WYNN today as it filled the gap fill reversal gap.Today's watch: FB, X, WYNN, RL, NVDA, BIDU, BRZU, FCX, SGMSFocus List: FB, AMZN, GOOGL, NVDA, LULU, BKE, RL, BRZU, UWT, TQQQ, SQ, GRUB, WIX, TWTR, ROKU, QLYS, AAXN, HABTIPO LIST: ROKU, HUYA, SPOT, IQ, SHOP, DBX, APRN, BILI, NTNX, BRUB, AAXN, OKTA, SNAPCurrent Positions: Took profits in WYNN. Still holding NFLX, PANW, HUYA and SRPT.
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)
