| ________________________________________________________________________________ The Contrarian Trader -Since 2005- ______________________________________________________________________________ |
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| Con·trar·i·an ( P ) Pronunciation Key (kn-trâr-n) n. One who takes a contrary view or action, especially an investor who makes decisions that contradict prevailing wisdom, as in buying securities that are unpopular at the time. |
Utilize a trailing stop loss order on every single trade. If you are with an online broker who does not provide you this essential tool then,they are not serving your needs as a trader. When was the last time your broker advised you to use a stop loss order? Never....they do not want you to sell the stock they stuck you with. If they allow you to sell a stock that their firms are loaded up with, their bosses will question them and the may lose the incentive bonus they earned by sticking you with the stock. Learn to do the opposite of what the talking heads on Wall Street are advising. These people use the financial news as a pulpit to spew forth their fancy Wall Street spin in an attempt to excite you and to make you buy their stocks. And guess what? They usually win. Join my club and learn to play game. Learn to forget about PE multiples, GAAP accounting, option expensing. To be a successful trader you must think of a stock as a vehicle to make money. The questions you should be asking is. Has the selling stopped? Is the stock now being quietly accumulated? All the rest of the fundamental junk is all Smoke and Mirrors spewed forth by the Wall Street thugs. The bottom line is that this site is for traders. If you are a buy and hold type I would suggest that you move on to a site the better fits your investment needs. I don't want you to lose money. If you are able to stick to your trailing stop loss then fine, this site is for you. |
| Sample Video: 11/23/08 Prior posting this video we sent an alert our members to buy the SSO which netted them a gain of 30% We put our trust in charts not pundits |
What do our members receive? Buy / Sell Alerts, real time Stock Watch List Nightly Commentary Trade Coach Customized Charts that show support and resistance levels Audio Commentary Our Goal is to find distressed stocks that appear oversold to buy. And we also look to short over hyped stocks that are extremely overbought and due for a pull back. We keep it simple. We try and educate traders. The nightly commentary is written to help investors understand the dirty tricks that Wall Street does not want you to know. And to also show you where the smart money is going even though CNBC tells you different. At least take advantage of the 30 day free trial offer. If it's not for you simply cancel through Pay Pal. My recent picks you will note, were stocks that were bought when nobody wanted them. My proprietary stock screening system scanned through the universe of stocks and came up with these picks. We focus on stocks with * Low Risk to Reward * Stocks that are heavily shorted * Stocks that are forming consolidation patterns. * We buy stocks that Wall Street has thrown into the garbage bin. * We short stocks that are exhausted from being chased and are ready to correct. The bottom line is that we are traders. We buy low and sell high or we short high and cover low. The basic principles of trading. We don't focus on fundamentals, PE's, GAAP accounting etc..... To us a stock as a vehicle to make money. We have no love affair with any stock. We go against what the thieves on Wall Street tell us to do. |
The Contrarian Trader's Mission Statement: It is not only my wish to help make you money but, more importantly to not lose money. Without your capital reserves your business as a trader will end. How? Stop listening to the crooks that CNBC drags in daily. These people are looking to relieve you of your money. Upgrades and Downgrades from Goldman Sachs and JP Morgan? Why are they so nice and give us free information? It's because it's all smoke and mirrors folks. These Wall Street firms are no better then muggers. Trust them? Are you on drugs? We use charting and technical analysis. We generate income by using options. We grow our portfolio by trading both stocks and options. Bob called for this Bear Market on November 25th, 2007. Listen to Bob's Commentary then. Daily Commentary November 25th, 2007 Charts: Banking Sector Monthly S&P 500 Monthly Russell 2000 Monthly Utilities Sector |
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| Contrarian Commentary The Week Ahead 01/17/10 |
Barney Frank present during a marijuana bust at his boy friends house two years ago. Where is the media? This guy Chairs the House Committee on Financial Services! Any wonder why this country is a mess? |
| Treasury Secretary "Young Timmy" Geithner vs. Representative Burgess 11/19/09 |
| Treasury Secretary "Young Timmy" Geithner vs. Representative Brady 11/19/09 |
| Members: Video on Smithtown Bank Corp (SMTB) has been added to the Videos page. |
| Give membership to The Contrarian Trader as a gift at a 33% discount. A gift that lasts 1 Year |
| Membership to The Contrarian Trader is just $29.95. That's less then the cost of your daily cup of Starbucks coffee. Make the investment in yourself. |
