Author Archives: TraderHank

Sell in May and go away… Why?

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Every year I hear this saying, but I’ve come to realize that starting in May through the month of August, Day trading becomes extremely difficult.  Volume drops off during these months especially during lunch and afternoons.  As a newbie trader … Continue reading

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SLB short revisited…

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I almost went without a play this morning as nothing was setting up to my liking.  I finally found a 5 minute short in SLB that looked pretty good as the market started to sell off.  SLB had a nice … Continue reading

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Short play in SLB comes through big time for TraderHank

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With the market powering upward into prior resistance, I found it hard to play the market long this morning as I was expecting a reversal perhaps at a reversal time.  By 10 am reversal time I found SLB setting up … Continue reading

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The one that got away…

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I had FB nailed to the wall and I decided that since it was almost 12:30 pm that I should take my chips off the table for lunch and not continue my trade.  I usually like to have things wrapped … Continue reading

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A great short in WAG taken from the Long list…

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I had a small list this morning with only 5 stocks on my daily list and no gappers this morning, but I did end up with a large 9:45 am wide range bar list but in the end I found … Continue reading

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Two plays from Monday…

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This week has been a grind as it seems the Summer Doldrums have hit early this year.  I’m up for the week but I’ve only been able to squeeze out about 1/2 risk unit per day.  It seems like its … Continue reading

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Short trade in JOY makes for a profitable week

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I’ve been on a roll again lately, my last losing week was the last week of April.  My goal is to be profitable daily, which leads to profitable weeks, then months.  My focus is just the daily part, the rest … Continue reading

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Pristine is all you need!

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  I’m still attempting to catch up from my week in trading, but first I’m dumb founded on how many traders, educators, etc. still follow the news on the stock that they are trading.  Why make your life hard, when … Continue reading

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A nice mortgage type gap in RIG from yesterday…

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With a short week, I’ve not been able to share any of my plays from this week so far.  Not a lot of action as the market has just been grinding up without a pull back which makes day trading … Continue reading

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A Pete Rose day for TraderHank

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Today’s trading kind of reminded me of one of my old time favorite baseball players Pete Rose.  Today was nothing but small base hits, I had to steal a few bases and finally with my play in WMT short, I … Continue reading

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