Hey guys Here is and old post il bring back For the last 8 years I have been consistently trading small cap stocks between (0.25-3$) My strategy also allowed me to trade while in class and at work and also allowed me to monitor my positions from my cell phone and PC at work I also don’t use a technical system, just price action and volume and reading the bid/ask. I feel like my small cap system is more of an art form than anything else. I wont be posting my trades for this penny stock/ small cap system but only the results. The purpose of this journal is for something new, I am trading the opening range of GLD, I have been watching GLD for years since many of the stocks I trade are gold juniors but never traded it. Im 28 years old In Canada the goal is $1m big one 2012 net gain $950.00 2013 net gain: $7800.00 2014 net gain: $16300.00 2015 net gain: $65950.00 2016 net gain: $92000.00 2017 net gain: $168700.00 (Best year) 2018 net gain: $97000.00 2019 net gain: $120000.00 2020 Jan: +$6000.00 Feb: (-$30000.00) March: UNCH April: +$15000.00 May: +$18000.00 June: +$15000.00 July: $+15000.00 August: $+17500.00 Id be glad to answer any questions
I am starting with 600 Shares of GLD and will scale up accordingly Shorted GLD at 179.60 covered at 179.33- Shorted again at 179.66 covered at 179.52 out by 10.04 Am +$245.00
How are you scalping for pennies and working / going to school while trading on your phone and reading PA at the same time ?
Very impressive results for a 28-year old, assuming these numbers are real. Keep trading like that and you will get your mil. And don't blow it, that's the hardest part! Best of luck.
Risk vs reward out of whack. $107,000 position twice, for 0.23% profit. Not impressed. The fishing trip where the losers won't be reporting back.
Hey, im done school now, most of my trading is done from work. I have a trading set up at work and i work from home 1-2 days a week. It was an agreement i made with my boss, i work for a food processor in Montreal is that matters
hello Tradex, unfortunately i forgot to mention that the penny trading system has hit its max account size and i cannot scale more of it which is why im making a second system. And i have to manage my money better as i have been over spending the last 3-4 years.