A Different Take on Profit Taking
Swing Trading the Stock Market
Ryan Mallory
4.7 • 828 Ratings
🗓️ 2 November 2022
⏱️ 14 minutes
🧾️ Download transcript
Summary
A listener of the podcast offers up a really cool and unique approach to profit taking that I really like, and will even consider implementing into my own swing-trading strategy & approach to profit taking.
Whiskey: Bridge & Main American Wheat Bourbon
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Transcript
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| 0:00.0 | Using my Berkeley Card Forward Credit Card to pay for the stuff I need now |
| 0:03.2 | could help build up my credit school for the day I need something bigger. |
| 0:06.5 | So buying a set of headphones, or waits for my workout, smashed it. |
| 0:11.4 | Could help in the future when I want to rent my first flat share. |
| 0:15.4 | Now that's forward thinking. Check if you're eligible at barclaycard.cote. |
| 0:20.4 | 33.9% APR representative variables subject to application financial circumstances in borrowing history, T's and Cs apply. |
| 0:26.6 | Responsible use of a credit card can help build your credit score when you pay on time. Hey, I'm Ryan Mallory and this is my swing trading, the stock market podcast. |
| 0:41.4 | I'm here to teach you how to trade in a complex, ever-changing world of finance. |
| 0:46.3 | Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading, |
| 0:52.0 | and most importantly to let those winners run wild. |
| 0:55.8 | You can succeed at the stock market, and I'm ready to show you how. |
| 1:00.6 | Hey, everybody, this is Ryan Mallory with Swing Trading the Stock Market in today's episode. |
| 1:04.9 | I think it's going to be a pretty good one here. I got good bourbon. I got a good email, |
| 1:08.8 | really good email. We're going to call this guy Mo. And for |
| 1:11.6 | those wondering, why do I call this guy Mo? It's because I give everybody a Florida redneck name, |
| 1:15.8 | being that I am from Florida. I live in Florida and I don't want to use their real name, so I give |
| 1:20.4 | him a redneck name. So Mo here has a really cool way of taking profits and I'm kind of for it. He writes, hey Ryan, I like your thoughts on |
| 1:28.5 | a recent trading strategy. I've been trying with the current market volatility. Most of it builds |
| 1:33.5 | on many of the principles that you have laid out in the podcast. I get into a position based on |
| 1:38.5 | the reward to risk principles and also use technical analysis to identify key support levels for |
| 1:43.7 | setting the stop losses. So far, |
| 1:45.4 | I like everything that he's writing. What I've been doing a little differently is once a position |
... |
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