Ignore Economic Reports
Swing Trading the Stock Market
Ryan Mallory
4.7 • 828 Ratings
🗓️ 1 September 2023
⏱️ 19 minutes
🧾️ Download transcript
Summary
As swing traders, should we be following all of the economic reports, or simply ignoring them? Are they noise that indirectly impacts our outlook on the market for the worse, and thereby negatively impact our trading decisions? In this podcast, Ryan speaks to whether we should just be focused on price and volume or whether we should incorporate the economic reports into our trading decisions.
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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
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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. |
| 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. |
| 0:55.4 | 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 Trade in the Stock Market. |
| 1:03.7 | And today's episode, we are going to talk about whether or not to listen to the economic |
| 1:09.9 | reports that come out on a regular basis or to just completely ignore them when it comes to swing trading. |
| 1:15.6 | So for this email, I'm going to give this guy a good old Florida redneck name. |
| 1:19.5 | I'm going to go with Dougie. |
| 1:21.1 | I grew up with a couple of Dougies and good guys. |
| 1:24.1 | Definitely Florida rednecks, though. |
| 1:26.1 | And why do I give these guys fake names because a lot of |
| 1:29.0 | people don't want their names to be used in the podcast and it gives them the ability to be able |
| 1:32.9 | to write openly and honestly knowing that I'm not going to give away their first last name date |
| 1:38.9 | of birth state that they reside in etc so doggie hello Ryan, big fan of your podcast here, been soaking |
| 1:47.0 | up all the goodness from every episode. Seriously, it's like a treasure trove of trading wisdom. |
| 1:52.1 | So I've been wrestling with this question. Should I be glued to the news and economic reports |
... |
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