Making $5K with $20K each month

Discussion in 'Journals' started by PennyTrader, Apr 14, 2007.

  1. PNNT apprears to be a very good short-term hold.

    14.74.


     
    #191     Apr 20, 2007
  2. Volume change signal and resistence at 4.46:

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    #192     Apr 20, 2007
  3. Break another symmtrical triangle:

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    #193     Apr 20, 2007
  4. Interesting this works.

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    #194     Apr 20, 2007
  5. ElmoNemo

    ElmoNemo

    PT,

    Are you just watching or actually trading EPCT?
     
    #195     Apr 20, 2007
  6. Broke another symmtrical triangle, if won't bounce from 3.92, looking for 3.70 as the next support, total insane stock.

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    #196     Apr 20, 2007
  7. What happened PT? Are you finished with this thread? How has your activity been the last couple days?
     
    #197     Apr 25, 2007
  8. mfarooq

    mfarooq

    I am wondering also, may be his new broker ran with money. :mad:

    He post few trades here but his trade level is that he makes more then 2000 trades a month with his previous broker. That is an amazing number.
     
    #198     Apr 25, 2007
  9. segv

    segv

    I have the idea that you are a spammer.
     
    #199     Apr 25, 2007
  10. Hello everyone, thanks a lot for still reading the board and caring about me. I am doing fine, I am still around. Most time in the day, I just watch the charts and do nothing. I posted on another website which talks about penny stocks and others without restrictions. I also post my charts on dacharts.com everyday in real time, mostly for some friends want to check entry/exit on a particular stock. I did see the charts more clearly when I am not in :) Look for smallcaptradingxx.jpg files.

    http://charts.dacharts.com/

    I traded mostly pennies on Monday and Tuesday. The ET moderator sent me an email and warned not to post and discuss any penny stocks on this board. To my knowledge, I've not discussed any, but the moderator pointed to a scan I posted early, it had 20 stocks in it, I didn't pay attention to one of them, the stock was below $5 and with less than 1 mil volume. So I've been refraining myself from posting in the past couple days.

    It is quite different when pay commisions for $5 a trade vs $2.7 a trade. I must be very selective in entry and exit, try not to overtrade, or trade as little as possible, use longer timeframe, hold a little longer. If I trade penny stocks, I would buy and hold for hours if not days. Penny stocks can save me a lot of commission charges, but the return period is long. If I trade penny stocks, I have to change my mentality, basically, I cannot buy it and sell right away, the bid x ask spread can make up $200-300 difference.

    Yesterday I traded AMRN and another penny, made some on AMRN but lost on the penny - because I didn't hold long enough, bought on ask and sold on bid in minutes. Today, I traded mostly big board stocks. I also traded on a friend's account.

    This is how I did today:

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    This is how I did to my friend's account today. For some reason, I always do better for others:

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    This is how I did yesterday:

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    #200     Apr 25, 2007
    Boqiang likes this.