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Last Post: 5/21/2013 12:03:34 PM - Followers: 551 - Board type: Free - Posts Today: 40








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FLEX NATION ~ Thoughts and Tips quoted from the Most

SUCCESSFUL Penny Stock trader to Date!


1. History repeats itself.

2. People drive buying and selling.

3. Emotions drive people - that hasn't changed since the Garden of Eden. ~ Fear, passion, greed, hope and denial have been and will continue with us. ~ It is the emotion of people that drive the stock market. ~ If market participants are hopeful and optimistic they buy. ~ If they are fearful or unsure of the future, they sell. Engio guitian 4809483 1. Forget the news, remember the chart. You're not smart enough to know how news will affect price. The chart already knows the news is coming. 2. Buy the first pullback from a new high. Sell the first pullback from a new low. There's always a crowd that missed the first boat.

3. Buy at support, sell at resistance. Everyone sees the same thing and they're all just waiting to jump in the pool.

4. Short rallies not selloffs. When markets drop, shorts finally turn a profit and get ready to cover.

5. Don't buy up into a major moving average or sell down into one. See #3.

6. Don't chase momentum if you can't find the exit. Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble.

7. Exhaustion gaps get filled. Breakaway and continuation gaps don't. The old traders' wisdom is a lie. Trade in the direction of gap support whenever you can.

8. Trends test the point of last support/resistance. Enter here even if it hurts.

9. Trade with the TICK not against it. Don't be a hero. Go with the money flow.

10. If you have to look, it isn't there. Forget your college degree and trust your instincts.

11. Sell the second high, buy the second low. After sharp pullbacks, the first test of any high or low always runs into resistance. Look for the break on the third or fourth try.

12. The trend is your friend in the last hour. As volume cranks up at 3:00pm don't expect anyone to change the channel.

13. Avoid the open. They see YOU coming sucker 1-2-3-Drop-Up.

14.  Look for downtrends to reverse after a top, two lower highs and a double bottom.

15. Bulls live above the 200 day, bears live below. Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it.

16. Price has memory. What did price do the last time it hit a certain level? Chances are it will do it again.

17. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action.

18. Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.

19. Bottoms take longer to form than tops. Fear acts more quickly than greed and causes stocks to drop from their own weight.

20. Beat the crowd in and out the door. You have to take their money before they take yours, period.



ONLY the FLEX NATION provides you with INFO like this.

ALL of us are swimming with sharks!  LEARN TO SURVIVE !!

Join THIS board and Email List ~ MARK your Mods!

Flex

                                                                         

PostSubject
#12564  Sticky Note Join FLEX NATION and Email list here~ TY Flex 01/10/13 09:48:04 PM
#12149  Sticky Note Here's a table showing what one can do trading.jeff 01/04/13 03:21:47 PM
#4960  Sticky Note Flex 4/50 =:) kazbud 09/03/12 01:59:57 PM
#19340   $WPNV Yes sir! Sweet news and The 85 originalnewt 05/21/13 12:03:33 PM
#19339   WPNV~ Gonna be a Strong GAIN here before long,imo Flex 05/21/13 12:01:56 PM
#19338   $WPNV news - WindPower Solutions Announced That Its originalnewt 05/21/13 11:39:46 AM
#19337   PUNL might be bouncing bubbagump13 05/21/13 11:35:03 AM
#19336   OTHM is gearing up for a great bounce, bubbagump13 05/21/13 11:23:07 AM
#19335   Patience here~ we have traded in and out Flex 05/21/13 11:16:41 AM
#19334   TDEY MOVING NICELY!!.... watch out OVERHEAD if logical cash 05/21/13 11:15:26 AM
#19333   TDEY~ Taking a Big Step here~ Flex 05/21/13 11:12:58 AM
#19332   TDEY looking nice as well... ZenVest 05/21/13 11:11:46 AM
#19331   $$$ >TCPS< $$$.ON ULTRA BUY ALERT!!.... MOVE to logical cash 05/21/13 11:06:24 AM
#19330   TCPS and EWRL get in now will change only money 05/21/13 11:02:25 AM
#19329   LNWZ****R/M**25mil.Float**250mil A/S from 10K On February 14, 2013 HIFI 05/21/13 10:40:05 AM
#19328   SFRX Watch L2,could Break out sooooonisch.... Then permit,then europtiger 05/21/13 10:24:40 AM
#19327   Slo start but everything in place,imo~ Flex 05/21/13 09:58:13 AM
#19326   Buying everything under 40 cents bro jayhey10 05/21/13 09:49:58 AM
#19325   ~ I have a New Alert coming`as well~ Flex 05/21/13 09:41:41 AM
#19324   XNRG low float, catch it subpenny before it jorak 05/21/13 09:41:21 AM
#19323   XNRG low float, catch it subpenny before it jorak 05/21/13 09:41:16 AM
#19322   3D Eye Solutions, Inc. Announcement of new director, PennyChaser408 05/21/13 09:40:26 AM
#19321   XNRG about to break out: Secured 15 million jorak 05/21/13 09:38:40 AM
#19320   TY and looking~ Flex 05/21/13 09:37:19 AM
#19319   GM FLEX!!! $$ >TCPS< $$ on HIGH logical cash 05/21/13 09:34:11 AM
#19318   GM europtiger! Nice to see you here!! A BBQbob 05/21/13 09:28:00 AM
#19317   Good Morning Board!!! Looks like a good buy europtiger 05/21/13 09:18:01 AM
#19316   Got some Hotties in Play~ MIMV LTNC MPIX ~ Flex 05/21/13 09:17:15 AM
#19315   Yeah Buddy!! The NATION is bangin' on all cylinders!! BBQbob 05/21/13 09:12:45 AM
#19314   Good morning Flex board! Muffins 05/21/13 09:12:04 AM
#19313   GM BBQbob~ Big week ahea here~ LTNC and Flex 05/21/13 09:10:27 AM
#19312   GM Flex & NATION!! GLTA today!! BBQbob 05/21/13 08:54:37 AM
#19311   LTNC will Uplist ,imo~ Going NYSE at this rate,imo~ Flex 05/21/13 08:48:57 AM
#19310   GM lucasharp~ Watch a Bunch today~ Looking forward Flex 05/21/13 08:48:14 AM
#19309   Thanks Flex! Do not miss this one.....lololol janetcanada 05/21/13 08:37:08 AM
#19308   GM, $BRGO be on the look out for lucasharp2008 05/21/13 08:34:48 AM
#19307   They won't be able to stop this one Traderbytrade 05/21/13 08:29:10 AM
#19306   GM janetcanada~ We will All be watching and Flex 05/21/13 08:28:32 AM
#19305   Good morning Flex, it is Still at a janetcanada 05/21/13 08:25:57 AM
#19304   Would like it Much better with No Gaps Flex 05/21/13 08:20:54 AM
#19303   Holding Every share here~ LTNC is a Mega Flex 05/21/13 08:18:51 AM
#19301   LTNC we tell people to not forget this Traderbytrade 05/21/13 07:31:27 AM
#19300   LTNC Quick to .50 on this news~ ,imo Flex 05/20/13 10:35:32 PM
#19299   $LTNC yeah baby! Let'$ bring it!!! Nice consolidation originalnewt 05/20/13 10:34:18 PM
#19298   LTNC~ Look for sweet gains tomorrow~ Flex 05/20/13 10:24:57 PM
#19297   WPNV held the 200dma strong end of last russ5555 05/20/13 05:43:54 PM
#19296   LTNC~ Going HUGE Tomorrow~ WoW! Flex 05/20/13 04:21:40 PM
#19295   $LTNC AH Rev. news! originalnewt 05/20/13 04:20:45 PM
#19294   Thats the thing and they Need to speak Flex 05/20/13 04:04:58 PM
#19293   I think a change is in the air :) Flex 05/20/13 04:02:47 PM
#19292   they have a worthy product, now lets see bikeguy 05/20/13 03:58:50 PM
#19291   ECOS~ Having a tough go of it~ Agree~ Flex 05/20/13 03:56:10 PM
#19290   Been following since March. Surprised it's still sm caps 05/20/13 03:10:06 PM
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