Quarter 4 is now in full swing, and you may be wondering what to focus on.
The market is going to face challenges like a trade war with Chine, tariffs in Europe, and the overall sluggish, yet volatile market conditions.
Your answer is financials and most traders don't know this… but the XLF (Financial Select Sector SPDR Fund) and the KRE (SPR KBW Regional Banking) make up a large portion of the Russell 2000 ETF IWM
– which I believe is going to be a powerful leader during the fourth quarter.
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How to Balance Your Positions
Position equalization is one of the most valuable stock swing trading techniques around.
Many traders focus so much on being profitable that they completely ignore the most basic and important principles, like making sure both positions have equal risk and reward profiles.
If you don't make your positions equal, your profits and losses from each position will be different and your trading results won't be balanced.
"Roger, I like your professionalism, integrity and dedication to clients."
Vincent R.
Discretionary Traders are decision-based traders who scan the markets and place manual orders in response to information that is available at that time.
There is a very high degree of risk involved in trading.
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