Category Archives: Losers!

The best laid plans are sometimes thwarted…

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It’s been awhile since I went over a losing trade so I thought that my play in MSFT today might help out a few fellow traders. This setup in MSFT today is my bread and butter, I look for the … Continue reading

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Stop out in AIG

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Not a great way to start out today on this shortened trading day before the fourth of July.  I still needed to hit my profitable target for the week and I knew that I had to stay bullish.  As the … Continue reading

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Stop out in CSCO and a simple reason why…

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I’ve got to admit that I’ve been hot lately and not had a losing day in weeks but today I ended the day down about 1/2 of a risk unit.  Which means if my risk was $100 per trade I’d … Continue reading

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Starbucks throws TraderHank out of the coffee shop…

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  I’ve had another profitable week so far and I’m on my way to another profitable month in a row since last November 2013.  Today was a tougher trading day for myself, in the old days, I’d would have lost … Continue reading

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Climatic stop out in TGT

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Every trader always wants to show the winners but as Oliver Velez has said on many occasions “show me the losers, because the winners always take care of themselves”.  It is how a trader reacts to the losers that really … Continue reading

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WMT had TraderHank over a barrel this morning…

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  The Pristine method teaches that there are 4 stages to the market, stage 1 is flat, stage 2 is an uptrend, stage 3 is wide and whippy, and stage 4 is a down trend.  In between these stages we … Continue reading

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