so you guys all trade $10+ stocks? The only allure I like about penny stocks is the leverage ie. move from .01 to .16 is huge percentage.
Thank you - passed up on OWCP last week, ha you can guess what happened :( but the methodology was right to pass it. Had the flag drawn... sucks...
Yeah, I think I need to take this approach if I plan on holding for more than a couple hours. I wish there was a good technical filter to filter...
Sure - I agree but from a TA perspective how would I avoid stocks like that? Do you use filters? I was not so concerned with the company as it...
Did I miss something? I'm trying to have real discussion with other traders.
No, wish I could get my money back from that halt.. going to take a while to rebuild my portfolio and get a nice equity curve. Hopefully just a...
Ha if bored, what did you think of my MCOA chart? Looks ripe for breakout but risky because of shares outstanding/otc. And yeah learned my lesson...
I just said DRYS was an example of a bad trade. I don't having feelings for any particular stock, not sure why you are trolling. Literally saying...
ok so lets talk real strategies instead of insults - 500K+ vol avg min price of $5 before even looking at it? I know O'Neil was a proponent of...
I am trying to figure out how to avoid getting in high fliers that are prone to halts and very fast retracements I guess without completely...
well then give me legit feedback instead of think I am trolling, I assure you I am not. I literally got my signal saw the gap, gap closing, high...
This was the chart I made and used, and it ran and there was a legit gap. If they didn't halt it, could of went to $500+. I bought on the...
I disagree. For example, DRYS had the trend start I caught the trend and did all the rules of trading. It had volume and price expansion and I...
OK, so OTC should not be traded in your opinion? Do you stick to the higher priced stuff? I used to only trade stocks with 500K vol and priced...
I definitely used to think this too. But when I saw a "master" type touting them, I thought maybe this way of thinking has changed. For example,...
Ah let me clarify - I made the trade, my limit order filled. My conspiracy theory is some guy on the other side had heavy fingers and put in a...
Alright, but just seems like everytime a stock flies, the kind that can create real wealth super fast, it gets halted. But on way down they let...
this was optionshouse, switched to TD. I took the profits from the trade and put into multiple stocks. Every damn trade was unwound.
Hi guys, So I am getting back into trading after taking a few months off. Why did I take a few months off? Well let me tell you why (I wonder...
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