Market Speculator Part-Time | Swing Trade Report

Paul
Singh
June 28, 2016
How to trade stocksbows-opengraphTrading-Watch-List

Trade Report Video: https://youtu.be/kJuoeZgNslAThe market got hit hard for the second day in a row and violated they key 200dma. Most sectors, significantly oil, are getting crushed. Premarket we are seeing a reflex bounce based on rumor and potential news events. Be wary of volatile news driven markets as they tend to shy away from technicals and swing trading essentially becomes gambling with no edge. Best bet is to trade conservatively. For now I am watching for a remount of the 200 dma. The ideal scenario is a few more down days before a reversal. That's when we could get aggressive for a short term bounce play.In times of volatility like this, I keep the focus list limited to indexes and a few stocks.Remember we don't care about the news, only the price action to the news.Focus Shorts List: potentially everything. Focus list for the week: SPXL, NUGT, JNUG, UWTI, DWTI, IBB, LABD, LABU, BIB, XIV, VXX, GOOGL, NFLX, KORS, LULU, ERX, TSLA, GS2016 Stats: http://bit.ly/1NFgq7C (UPDATED Saturday)Current positions: Stopped out FB. Still holding AMBA (stop 48), UGLD, VXX, and SWN ($11.75).Indexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAShttps://youtu.be/kJuoeZgNslAPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.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/Member Only Webinar Recording: https://vimeo.com/152938272New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(twitter.com/PaulJSingh)

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