What A Trading Plan Looks Like
Swing Trading the Stock Market
Ryan Mallory
4.7 • 828 Ratings
🗓️ 7 March 2021
⏱️ 18 minutes
🧾️ Download transcript
Summary
Where do you start with your trading, how do you go about making a rock solid trading plan for the stock market and making it a profitable one?
Whiskey: Old Grand-Dad 114
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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. |
| 0:30.1 | Hey, everybody. This is Ryan Mallory with Swing Trading the Stock Market, |
| 0:33.6 | and I got a really good episode here to discuss with you today. |
| 0:36.8 | I got an email from a guy |
| 0:38.4 | and I'm using the name good Florida redneck name, Big Chuck. And Chuck is a new trader here and |
| 0:43.9 | one of the things that is really overwhelming him is he doesn't really know where to start. There's so |
| 0:48.1 | much information. There's so many ideas and there's so many opinions that he's getting caught all |
| 0:52.7 | up in it and he's not sure what to listen |
| 0:55.0 | to, who to listen to, and what to take serious, what to apply to his trading, and what not to apply. |
| 1:00.9 | And for today's episode, I got a bourbon that I'm going to be drinking. It's called Old Grandad |
| 1:06.3 | 114. 114 proof is what that stands for. Let me tell you, it does not disappoint in the realm of |
| 1:13.2 | hotness. I mean, it's hot to the nose. It's hot to the lips. And when you drink it, it is all you |
| 1:19.0 | taste is hotness. I mean, this sucker comes in hot the whole way through and it leaves hot. |
| 1:24.2 | And I saw this bottle, and I've seen a lot of people talk about it. It's like a $31 |
| 1:28.1 | bottle. And again, 57% alcohol, 114 proof. But it doesn't have a lot of substance to it. And honestly, |
| 1:34.9 | the way that I view it is I think it works better as an old-fashioned mixer. Use it with your old |
| 1:39.5 | fashions. Now, I make a pretty good old-fashioned, and I've improved it over the years. I really like it. And the bourbon that I use in my old fashions is the nine-year Knob Creek. I don't like to drink Knob Creek by itself, or at least that particular bourbon. But I love to put it in my old fashion. It comes in hot too. I mean, it is really spicy, very peppery. There's not a lot of flavor to it. I won't drink it by itself. I won't even drink it on the rocks. But what I do is I put it in my old fashion. And so I said to myself, man, |
| 2:04.4 | I really don't like this old granddad 114. Maybe it'll work in this old fashion because the |
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