Stock Trading University

Welcome to episode 89 of the Stock Trading U podcast!

Once again, back in episode 3 of this podcast series, I discussed three popular trading styles, which included position trading, day trading, and swing trading.

In our last episode (#88), I briefly explained the concept of day trading.

And before that, in episode (#87), I introduced the concept of swing trading.

But in this episode, I will discuss the concept of position trading.

So what exactly is position trading?

Well, position trading is a longer-term trading approach than swing trading and day trading.

The position trader’s primary goal is to discover new longer-term trends just as they are beginning to develop. Instead of holding a position for a single day (like a day trader) or for up to a couple of weeks (like a swing trader), the position trader will often hold his position for many months, even up to a year or more in order to fully exploit the trend.

Put simply, the position trader attempts to buy just as a new major uptrend is getting started and will hold that position until he/she becomes convinced by the chart that the major uptrend is finally exhausted.

The goal of position trading is to generate large profits from a relatively small number of trades, while adhering to a set of strict money management rules.

When coaching new position traders, I usually tell them to aim for a minimum of a 20% gain on each successful position trade, though it is possible to earn much more as you improve your craft.

Position trading is often a powerful way for a new trader to get started, especially for those traders who are beginning with a smaller trading balance, and/or don’t want to spend all day staring at a computer screen.

In conclusion, I should add that position trading is my personal preferred trading style today as it accommodates my busy schedule and suits my risk tolerance.

Jerry Robinson's Position Trading Course: https://followthemoney.com/product/position-trading-course-the-200-day-moving-average-strategy/

Learn more about Jerry Robinson here: https:/followthemoney.com/about

Get Jerry Robinson's daily position trading ideas here: https:/followthemoney.com/join

Day trading is a very short-term trading style that seeks to earn profits from a trading position within the course of a single trading day. Because the day trader opens and closes out his trading positions before the market’s close each day, this allows the day trader to avoid overnight risk.

The goal of day trading is to generate small but consistent profits each day by adhering to a set of strict money management rules.

When coaching new day traders, I usually tell them to expect an average of 1% or more on each successful day trade, though it is possible to earn much more as you improve your craft.

My personal favorite day trading strategy is to focus on trading major indices (like SPY or QQQ) as well as high-quality blue-chip stocks.

Jerry Robinson's Swing Trading Course: https://followthemoney.com/product/swing-trading-course-an-introduction-to-profitable-short-term-trading/

Learn more about Jerry Robinson here: https:/followthemoney.com/about

Get Jerry Robinson's daily swing trading ideas here: https:/followthemoney.com/join

Swing trading is a short-term trading style that seeks to earn profits from a trading position over the course of a few days and at most up to a few weeks. The goal is of swing trading is to generate small but consistent profits by adhering to a set of strict money management rules.

When coaching new swing traders, I usually tell them to expect anywhere from 1% to 10% gains within 1 to 10 days on each successful swing trade.

Get Jerry Robinson's Swing Trading Course: https://followthemoney.com/product/swing-trading-course-an-introduction-to-profitable-short-term-trading/

Learn more about Jerry Robinson here: https:/followthemoney.com/about

Get Jerry Robinson's daily swing trading ideas here: https:/followthemoney.com/join

On today’s episode, I want to provide some guidance for margin trading. When a trader buys a stock on margin, it means that he/she is buying a security with borrowed money from their brokerage firm. In essence, buying on margin gives the trader leverage to buy more shares of a security than one normally could without access to margin. Put simply, the trader is borrowing money from his brokerage firm in order to purchase a stock.

Learn more about Jerry Robinson here: https:/followthemoney.com/about

Get Jerry Robinson's Swing Trading Course: https://followthemoney.com/product/swing-trading-course-an-introduction-to-profitable-short-term-trading/

Get Jerry Robinson's daily swing trading ideas here: https:/followthemoney.com/join

In this brief episode, trading coach Jerry Robinson introduces this brand new podcast designed to teach you to trade in just one minute a day.

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Learn more about Jerry Robinson here: https:/followthemoney.com/about

Get Jerry Robinson's Swing Trading Course: https://followthemoney.com/product/swing-trading-course-an-introduction-to-profitable-short-term-trading/

Get Jerry Robinson's daily swing trading ideas here: https:/followthemoney.com/join

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TREND TRADING BOOTCAMP - LEARN TO EARN
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event. Reserve your seat for this quarter's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

On today's podcast, Jerry Robinson answers the question: What is trading?


Learn more about trading stocks, ETFs, and cryptos from Jerry Robinson online at https://followthemoney.com

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TREND TRADING BOOTCAMP - LEARN TO EARN
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event. Reserve your seat for this quarter's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

On today's podcast, Jerry Robinson explains the three most popular trading styles: Position trading, Swing trading, and Day trading.


Learn more about trading stocks, ETFs, and cryptos from Jerry Robinson online at https://followthemoney.com

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TREND TRADING BOOTCAMP - LEARN TO EARN
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event. Reserve your seat for this quarter's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

In this session, stock trader Jerry Robinson explains the importance of learning to identify trends in the financial markets.

Learn more about trading stocks, ETFs, and cryptos from Jerry Robinson online at https://followthemoney.com

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TREND TRADING BOOTCAMP - LEARN TO EARN
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event. Reserve your seat for this quarter's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

On today's episode, Jerry Robinson explains uptrends, downtrends, and adds why trying to "predict" the direction of a stock is an exercise in futility.

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TREND TRADING BOOTCAMP - LEARN TO EARN
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event. Reserve your seat for this quarter's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

On today's podcast, Jerry Robinson answers the question: "What is a Stock?"

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TREND TRADING BOOTCAMP - LEARN TO EARN - JANUARY 11
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event to be held on January 11. Reserve your seat for this year's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

There are two major types of shares of stock: common and preferred.

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TREND TRADING BOOTCAMP - LEARN TO EARN - JANUARY 11
Are you ready to learn how to earn an income through trading?

Learn Jerry Robinson's step-by-step process to becoming a successful trend trader in our Trend Trading Bootcamp. Anyone can learn this skill at this one-day event to be held on January 11. Reserve your seat for this year's online Trend Trading Bootcamp here: https://followthemoney.com/bootcamp

On today's podcast, you will learn five important rights that you have as a shareholder of common stock

On today's podcast, Jerry Robinson explains what a corporation is, and why they choose to issue stock to the public.

On today's podcast, Jerry Robinson provides four reasons why trading stocks can be an excellent part-time or full-time business.

In today's session, Jerry Robinson explains how he first got started trading stocks back in 1997.

In today's session, Jerry Robinson explains the importance of understanding volume as a trader.

In this session, Jerry Robinson explains why smart traders avoid low volume stocks. For more, visit http://www.triggertradereport.com

In this session, Jerry explains the bid price, the ask price and introduces the concepts of accumulation and distribution.

In today's session, Jerry Robinson explains the basic differences between growth stocks and value stocks.

In this session, Jerry Robinson discusses the importance of determining your trading approach.

In this session, Jerry Robinson demystifies market capitalization.

In this session, Jerry Robinson explains how volatility impacts stocks and why it matters to traders.

In this session, Jerry Robinson explains what blue-chip stocks are, and if they are appropriate for traders.

In this session, Jerry Robinson explains the basics of penny stocks and why all new traders should steer clear of them until they gain some trading experience.

In this session, veteran stock trader Jerry Robinson answers the question: What is the New York Stock Exchange?

In this session, Jerry Robinson introduces the Dow Jones Industrial Average.

In this session, we will look at another extremely important U.S. stock index known as the S&P 500.

In this session, Jerry Robinson discusses the tech-heavy NASDAQ Composite Index.

In this session, veteran trader Jerry Robinson explains the basics of ETFs, or exchange-traded funds.

In this session, Jerry Robinson explains the many benefits of trading ETFs.

In this session, veteran trader Jerry Robinson shares four ETFs that he has successfully traded over the years.

In this session, veteran trader Jerry Robinson explains how to read a stock quote table.

In this session, veteran trader Jerry Robinson continues his explanation on how to read a stock quote table.

In this session, veteran trader Jerry Robinson explains what you should know about the Price-to-Earnings ratio (P/E ratio).

In this session, Jerry Robinson explains the importance of understanding a company's earnings per share, or EPS.

In this session, Jerry Robinson explains that successful traders have at least a basic understanding of both fundamental and technical analysis.

In this session, veteran trader Jerry Robinson shares six important rules that he personally uses to identify growth stocks for both trading and investing purposes.

In this session, veteran stock trader Jerry Robinson shares a personal story that shows the importance of risk management when trading stocks.

While risk management is a broad topic, it means one thing for our purposes here. Namely, to “cut your losses early.”

In this session, Jerry Robinson explains his own unique trading method, known as Trigger Trading.

In this session, Jerry Robinson explains an important stock trading concept: The success of any trade is nearly 100% dependent upon the entry price, not the exit price.

In this session, veteran stock trader Jerry Robinson shares his insights on choosing an online brokerage firm to get started trading.

Before you place your first stock trade, you will first need to gain a basic understanding of how the whole stock order process works.

In this session, veteran trader Jerry Robinson explains the basics of a market order.

Limit orders help traders and investors manage their entry price into a stock.

A stop loss order is a specific order type that instructs your broker to automatically sell your stock if it falls to a price as specified by you.

Now that we understand what a stop loss order is, its time to learn how to use them.

In this session, veteran stock trader Jerry Robinson shares a very important lesson on the popular "stop loss" order.

In this session, veteran trader Jerry Robinson explains how stop limit orders work.

In this session, you will be introduced to the trailing stop loss order.

In this session, Jerry Robinson summarizes three different types of stop loss orders.

In this session, veteran stock trader Jerry Robinson introduces an advanced order type known as the bracketed order.

In this session, Jerry Robinson explains the difference between the two most common trade expiration types.

In this session, veteran trader Jerry Robinson introduces the concept of selling short.

In this session, Jerry Robinson explains how to profit from shorting stocks.

In this session, Jerry Robinson explains the potential pitfalls of shorting stocks.

In this session, Jerry Robinson explains the benefits of using inverse ETFs, especially for new traders.

In this session, veteran trader Jerry Robinson explains the basics of leveraged ETFs.

In this session, veteran trader Jerry Robinson explains one pitfall of using the P/E ratio when attempting to select a stock.

In this session, Jerry Robinson introduces one of his favorite fundamental ratios: the PEG ratio.

In this session, veteran trader Jerry Robinson explains what you should know about the "Wash Sale Rule."

In this session, Jerry Robinson explains how he uses technical analysis to track what the "smart money" is doing at all times.

In this session, Jerry Robinson explains the importance of starting a trading journal.

In this session, Jerry Robinson explains the items that he includes in his daily trading journal.

In this session, Jerry Robinson explains why smart traders refuse to allow emotional extremes to sideline them on their way to trading success.

In this session, Jerry Robinson explains one of the greatest benefits of trading.

Most stocks move in cycles. In this session, you will learn the four basic stages that compose the average stock cycle.

In today's session, Jerry Robinson explains the basics of the stock accumulation stage.

The best swing traders spend their time looking for stocks that have just recently moved out of the accumulation stage and into the expansion stage.

Don’t make the mistake of chasing a stock if you miss its initial breakout. Instead, look to buy on the pullbacks.

The third stage of a stock cycle is known as the distribution stage. This is a period of selling by large institutions and other smart money investors and marks the beginning of the decline of the underlying stock price.

The contraction stage is easy to spot on a chart as the price appears to be locked in a downtrend setting lower highs and lower lows.

The better you understand where a stock is within this four-stage cycle, the more profitable your trading will become.

Let me teach you the basics of stock trading and provide you with real-time actionable trading ideas each day.

In this session, I want to provide you with a simple piece of advice, especially if you are just getting started as a trader: Beware of stock market message boards and chat rooms.

From my personal experience, I have found that nearly every trader who fails to earn consistent profits in the markets lacks two very important keys for trading success.

Olympic athletes know the power of controlling their thoughts. Likewise, successful day traders, swing traders, and position traders believe in their abilities. They believe they will succeed and expect success.

Fear is a destructive emotion that clouds our judgment when trading and its presence is a clear indication that the trader has failed to stick to, and internalize, his trading plan.

The key to overcoming fear in trading is to develop a trading plan and stick to it.

Change your perspective to conquer irrational fears.

As a full-time trend trader, I can tell you that the trading lifestyle is wonderful. As a trader, I can work from anywhere and I get to work when I want. However, the key to being able create this lifestyle is discipline.

Position sizing is extremely important as it one of the primary methods that you can use to maximize your gains and to prevent your trading losses from wiping out your account.

There really is a science behind position trading that, if used properly, can optimize your trading profits and protect you from catastrophic losses.

There are many position sizing techniques in the trading world, but today I will focus on the "Risk Percentage" technique.

In this episode, you will learn a simple real-world example of how to use the "Risk Percentage" technique, which is a popular way that traders can determine their position size.

In this episode, Jerry Robinson shares three books about trading stocks that belong on the bookshelf of every new and aspiring trader.

Once you have settled upon trading as a new income stream for your future, it is vital to determine what your specialty or trading niche will be. And the easiest ways to determine your initial trading niche is to take an inventory of both your strengths and weaknesses, as well as your interests.

When you place a trade, don’t forget that on the other side of your computer screen are some of the brightest minds on Wall Street and they can spot an amateur trader based on his actions in a split second. If you don’t walk into the market with a plan, you could easily lose money.

On today’s episode, I want to share three popular trading niches that you may want to consider.