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Choppy markets change focus from swing to day trading

RagingBullRagingBull ·

Davis Martin of DailyProfitMachine.com says that choppy markets are keeping him out of swing trades right now because he sees little to no follow-through in the current market. As long as the market remains choppy, Martin says he will stay in cash on the swing-trading side of things and will focus his trading on day-trading options in the SPDR Standard & Poor’s 500 ETF ( SPY).

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Davis Martin is the head trader at DailyProfitMachine.com. He trades SPY calls and puts and swing trades mid-large cap stocks and stock options. At the time this interview was recorded on Nov. 15, he had no open swing trades, and was focused instead on day-trading SPY options. The Raging Bull podcast features experts from the site talking with Raging Bull editor Chuck Jaffe on his show, “Money Life with Chuck Jaffe.” You can learn more about Chuck’s daily hour of market and personal-finance chat at MoneyLifeShow.com; you can subscribe to the Raging Bull podcast via iTunes and other podcast providers.

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