The Confirmation Signal
Swing Trading the Stock Market
Ryan Mallory
4.7 • 828 Ratings
🗓️ 6 October 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
Is it ideal to buy a stock at support, or should you wait for a confirmation that the stock is willing to bounce? Ryan covers this topic as well as navigating a very difficult and choppy stock market.
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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 | Hey, I'm Ryan Mallory, and this is my swing trading, the stock market podcast. |
| 0:11.3 | I'm here to teach you how to trade in a complex, ever-changing world of finance. |
| 0:16.2 | Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls of trading, |
| 0:22.1 | and most importantly, to let those winners run wild. |
| 0:25.4 | You can succeed at the stock market, and I'm ready to show you how. |
| 0:30.2 | Hey, everybody. This is Ryan Mallory with Swing Trading the Stock Market, and I do have a good episode |
| 0:35.5 | for you guys to listen to today. Before I get started, |
| 0:38.0 | though, make sure that you check out swing trading with stockmarket.com. It has all of my |
| 0:43.2 | market research that I do each and every day on the stock market. That's going to include |
| 0:47.8 | my daily list of setups that I'm following, my weekly watch list. You're also going to get the |
| 0:52.8 | most intriguing charts of the day, |
| 1:00.8 | along with weekly updates on the Fang stocks, the S&P 500, Tesla, NASDA, 100, and Russell 2000. |
| 1:04.8 | So make sure to check out that. This email today is about trading in a chopy market, |
| 1:09.9 | and that's exactly what we have in the stock market so far this year. This gentleman writes, |
| 1:12.1 | I have been a subscriber to swing trade in the stock market for around a year now and have learned a lot about charting and risk |
| 1:16.9 | management. I appreciate your podcast and the skill sets that you help newer traders develop. One thing |
| 1:21.9 | I noticed, though, is that you like to wait for a move to be definitive before you enter a trade. |
| 1:26.9 | You speak to trying to get the meat and |
| 1:28.9 | potatoes rather than the whole move. I definitely agree with the strategy, but I found it more difficult |
| 1:33.6 | to do this in this market because a sell-off can happen so quickly. Sometimes what would be |
| 1:39.5 | interpreted as a confirmation ends up being the entire move. I have had more success recently trading |
| 1:45.5 | and trusting the technical analysis and just assuming the trade will hold the support level |
... |
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