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Swing Trading the Stock Market

Establishing Yearly Profit Targets

Swing Trading the Stock Market

Ryan Mallory

Business, Investing

4.7828 Ratings

🗓️ 24 January 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

What should you know when it comes to establishing and meeting that yearly profit target that you set for your swing trading and investing goals at the beginning of the year? In this episode, Ryan discusses his take on profit targets and what his goal is for his swing trading account. 


Be sure to check out my Swing-Trading offering through SharePlanner that goes hand-in-hand with my podcast, offering all of the research, charts and technical analysis on the stock market and individual stocks, not to mention my personal watch-lists, reviews and regular updates on the most popular stocks, including the all-important big tech stocks. Check it out now at:⁠⁠⁠ ⁠⁠https://www.shareplanner.com/premium-plans⁠⁠⁠⁠⁠

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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.

Transcript

Click on a timestamp to play from that location

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.

0:29.6

Hey, I'm Ryan Mallory and this is my Swing Trading, the Stock Market podcast. I'm here to teach you how to trade in a complex, ever-changing world of finance. Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading and most most importantly, to let those winners run wild.

0:55.7

You can succeed at the stock market, and I'm ready to show you how.

1:00.1

Hey, everybody. This is Ryan Mallory with Swing Trading the Stock Market and today's episode.

1:06.2

I'm going to talk about establishing yearly profit targets. Now, for those who have been listening to the show

1:14.2

for years, you know, I've talked about this and you know that I'm not a huge fan of doing that

1:18.7

because, well, to be frank, I think that you're putting on the market expectations that the market

1:24.7

doesn't care about. So why establish those? And I'll get into that a little bit more

1:27.9

because I know some of you probably might be already thinking,

1:31.0

Ryan, you should have goals in life.

1:33.3

Goals are important.

1:34.1

Why would you not have a profit goal in mind when it comes to trading?

1:37.6

And I'm going to talk about that more.

1:39.3

First off, this comes from an email from a guy.

1:42.5

He's a regular listener of the show.

1:44.3

He's ridden me multiple times.

...

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