Monthly Archives: December 2013

Admit it, we are really gamblers…

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I’ve been working with my wife’s psychological problems when it comes to trading losses and her temper when I finally figured out what the problem was.  When your friends find out that you’re a day trader, many will think that … Continue reading →

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Holiday Schedule

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I’ve had a pretty good week so far with my P & L up 3 risk units for the week as of today, Thursday.  FOMC announcements screw things up a bit plus the Holidays are always trading periods to avoid. … Continue reading →

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QQQ update and TraderHank’s Gap play in XOM

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The Q’s opened by gaping to 85.27 and rallied higher to set what looks like the high of the day by 10 am reversal time @ 85.81.  The Q’s then faded short through lunch into 1:20 pm reversal time to … Continue reading →

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Gap trade in DIS

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I had a terrific gap trade yesterday in DIS that I wanted to post but ran out of time yesterday evening.  After Wednesday’s huge sell off in the market, we had a much expected narrow range day in the QQQ. … Continue reading →

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QQQ Closing update and TraderHank’s play of the day in HD

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The Q’s opened neutral @ 86.28 and rallied for the first 10 minutes to set the high of the day @ 86.40 and then price tumbled lower to set the morning low by 10:30 am @ 85.81 and ending the … Continue reading →

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QQQ update and TraderHank’s play in UAL

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The QQQ opened the day by gapping down to 86.19  and rallying for the first 5 minute before rolling over as price sold off in a flurry to set the day’s low by 9:55 am @ 86.12. Since, price action … Continue reading →

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QQQ update and TraderHank’s play of the day in NOV

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The Q’s gaped up this morning to open @ 86.27 and set the low of the day by 9:35 am reversal time @ 86.20.  As price began to rally, one would think, today may be a trend day in the … Continue reading →

Posted in 9:45 Wide Range Bar Plays | Comments Off on QQQ update and TraderHank’s play of the day in NOV

Aha moments on entries…

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trading in the zone My trading has been heading to mastery in a hurry lately since I’ve been starting all of my plays with only token share sizes.  I’d recommend just 1 lot of 100 shares on what ever time … Continue reading →

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QQQ update and TraderHank’s play of the day in AKAM

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After yesterday’s big waves the Q’s opened neutral today @ 85.58 and set the high of the day by 9:40 am @ 85.66.  Since the market has chopped around lower into 11:30 am setting the mornings low @ 85.20.  The … Continue reading →

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QQQ update and TraderHank’s Climatic play

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Surfers need waves to surf by and so do day traders.  Well, today was a surfs up for day traders, these are the day’s that a good trader will make a killing.  The market started the day with a small … Continue reading →

Posted in Climatic Plays | Comments Off on QQQ update and TraderHank’s Climatic play