As we have seen demonstrated over the last 2 weeks, the market volatility is making it increasingly difficult to swing trade. I know many have reduced position sizes, outstanding trades, or have even converted fully to cash. Not a bad idea, considering that many trends have changed and we are trading in the heart of earnings season.

The problem is that this volatility is too good, to not be taking advantage of. The moves in oil, gold, interest rates, and a few brand name stocks, are ripe for day trading. In fact, I think I am going to further reduce my time frames on some of my trades to weather the volatility in my portfolio. In short, I will be trying to implement some day trading ideas like I did last month. Basically, find the intra-day moves, catch them early, and take profits at the close. I think the market will be much easier from a psychological and emotional stand point if you settle most of your trades in cash at the end of the day. Besides, with earnings season going on, this has been a trend killer.

This community has seen adversity in the past and has blown it out of the water. Keep in mind how well we've been doing up to this point...its a bear market! We've played some easy trends and eventually they change. What protects you during these times is how you choose to manage your risk, position size, and diversify. I can't stress that enough.

Take the opportunity to regroup, refocus, and revitalize your confidence this weekend. The game is going to change.

OA 2.0 starts on Monday. Be ready.