Well Traders, sometimes you win, sometimes you lose...or as they say in the market, "Sometimes you eat the Bear, sometimes the Bear eats you."HANS was a bounce play that I felt could have made a good move, unfortunately it did not go as planned. I was stopped out at my stop loss for less than a 1% loss of my portfolio which is good money management. I would have closed the trade at the end of today even if I didn't get stopped out because the stock would have traded two consecutive days below my trendlines and that is one of my exit rules.
Plenty of things on the horizon to make money on!
Happy Trading!
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