After all this time… and 12 winning trades… Penny Hawk records our first loss.

Our position in Darkpulse Inc (OTCMKTS: DPLS) closed on a stop.

So I thought I’d do a little post-mortem reflecting.

Of course, no trader has a perfect record.

If somebody boasts a perfect track record, they’re either lying or haven’t been trading long enough.

Losing trades come with the job and that’s why we put stop positions in place, to mitigate our losses.

In fact, losing trades are sort of like the stock for a soup (pun unintended).

Anyone who makes a good soup starts out with the stock.

In most cases, you won’t eat the ingredients that make up the base stock.

But it’s necessary for a deeper flavor.

In the same way, losing trades help us sift through the market and find the big winners.

It’s simply a necessary foundation for all trading.

Since it’s the day before Thanksgiving I just wanted to take a moment and appreciate the losses.

They turn us into better, more seasoned traders and we are all the wiser because of them.

Until next time,

Chris Johnson


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