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Last Post: 10/28/2016 10:14:39 AM - Followers: 31 - Board type: Free - Posts Today: 9
This board will be to assist small time traders. Generally new traders with small accounts. Although it could be helpful to all traders with all types of accounts.  People can post stock ideas, but I will comment on them on whether they fit the "Small Time Trading" criteria.  Please try to keep that criteria in mind when posting.  However, posting about previous trades (good or bad) and what you learned from it would be even better.  PLEASE KEEP IT CIVIL.  No need for fighting on here.  Thanks.

I started this board, because I have seen a lot of sad stories out there from new traders and people with smaller accounts.  My belief and it has proven out for me over the last year or so, is that small time traders have to trade a little differently than those with big accounts.
My plan is to answer any questions that traders have and to post tips and strategies that will help small time traders.  Accounts with $1,000 to $15,000 in them.
As for me, I have been investing/trading for over 20 years.  I have a degree in Finance, and was a registered investment advisor for a time.  Over the last year or so I have had to trade with a small account, but have been very very successful.  So why is my account not large now?  Because I have to keep taking money out of it to pay debts.  These debts were incurred during the financial crisis in 2008.

Some quick tips:

  1. When you have a small account, the best place you can make the most money is on the OTC market.
  2. Make sure you have a margin account.  You do not need to trade on margin to have one.  It just makes it easier on you to trade.
  3. Do not trade on emotion
  4. Do not buy your entire position at one time. 
  5. Do not sell your entire position at once (depending on the situation).
  6. Do not buy stocks that are in the triple zeroes
  7. Use IHUB message boards for your stocks as a resource
  8. Pay attention to is on those boards.  Good traders that you know or paid promotors.
  9. Only buy stocks that can be found on
  10. Take profits earlier than most are saying you should
  11. Cut losses quickly and move on
  12. Know what you own!  And stick to your plan unless something changes with what you "know".
  13. Keep aware of possible dilution by the company or it’s lenders.  You do not want to be in a stock where that is excessive.
I will add more as I come up with them. Or others come up with ones I like.
Number 3 and 4 really help you abide by number 2.  Unfortunately, it is rare that you will get the best buy or sell price, by not buying or selling all at once, you can take advantage of this.  One of the exceptions to selling in chunks is if you can tell a stock is really going to dive, and you have to get out of there quick.
I will also be putting tips here on how to pick the right stock.  Some of that is technical, and harder to verbalize, but I will try.  I will also give examples of these stocks when I post.

Some key tips:
  1. Buy stocks with relatively low floats (100 million shares or less)
  2. Do not buy stocks with RSI’s at 70 or above
  3. Do buy stocks with RSI’s at 30 or below (however, do not use that as your only factor)
  4. Do not pick a stock that has only traded in a narrow range
  5. Pay attention to see if the company is diluting, or has lenders that are diluting.  You don’t want to be part of that ( I listed this twice smile
Remember all of my advice here is geared towards small accounts, however, everyone can benefit.
The smaller the account the more concentration you will have to have.  For example, if you only have $2,000 in your account, you probably can only own one stock at a time to be most successful.  Yes, there is more risk that way, but the goal here is to make a lot with a little.
Lastly, my disclaimer.  I AM NOT RESPONSIBLE FOR YOUR TRADES.  If you lose money with anything I say, suggest, post, recommend, that is on you.  If I own a position in any stock I write about I will tell you, and it will be in my profile.
With that….Good Luck!

#31  Sticky Note EDUCATIONAL POST benchman 04/15/14 10:00:41 AM
#6  Sticky Note Make sure to read the IBOX! benchman 04/10/14 12:09:27 PM
#4147   Nice! Same to you. Hope we benchman 10/28/16 10:14:38 AM
#4146   Same! GL lvhd 10/28/16 10:12:17 AM
#4145   Added FNBC at $5.20 per my plan. benchman 10/28/16 10:08:00 AM
#4144   Out DPRX for a $450 loss. I benchman 10/28/16 09:36:08 AM
#4143   Yup glad you did too!!! God must of MikeBK205 10/28/16 09:22:00 AM
#4141   Thanks for the post! I had thought benchman 10/28/16 09:06:30 AM
#4140   Just a thought but if you're going to CPTMatt 10/28/16 08:52:38 AM
#4139   Thanks! I think I have been by benchman 10/28/16 06:37:53 AM
#4138   CHeckout the board below. Largely focused on CPTMatt 10/27/16 08:40:02 PM
#4137   Account value down around $1,500 today. So benchman 10/27/16 04:17:37 PM
#4136   Added the rest of my partial at $2.05. benchman 10/27/16 12:20:19 PM
#4135   Partial add at $1.95 DPRX benchman 10/27/16 12:18:42 PM
#4134   Hope we get a rebound soon. I benchman 10/27/16 10:19:39 AM
#4133   Back in FNBC 5.70 lvhd 10/27/16 10:15:07 AM
#4132   In DPRX $2.20. benchman 10/27/16 10:13:08 AM
#4131   Out CYH at $6.24 for a $216 profit. benchman 10/27/16 09:55:48 AM
#4130   In CYH $6.01. benchman 10/27/16 09:42:12 AM
#4129   This stuff really needs to stop: benchman 10/27/16 09:04:10 AM
#4128   ESV earnings beat expectations by a good amount. benchman 10/27/16 06:15:43 AM
#4127   Nice trade! Yeah, it looks like it benchman 10/27/16 06:14:21 AM
#4126   Picked up HTBX at 1.27 Monday sold today TradeFlow 10/26/16 05:33:12 PM
#4125   Account value up over $1,500 today. Which benchman 10/26/16 04:14:19 PM
#4124   Thanks! benchman 10/26/16 03:42:45 PM
#4123   Sold too early. GL lvhd 10/26/16 03:41:28 PM
#4122   Nice job! I am still in, but benchman 10/26/16 03:40:49 PM
#4121   Out FNBC +0.50, made $2000 lvhd 10/26/16 03:34:04 PM
#4120   Nice! I have another buy order in benchman 10/26/16 02:33:36 PM
#4119   Back in 5.25 lvhd 10/26/16 02:30:16 PM
#4118   In some FNBC at $5.35. benchman 10/26/16 02:17:08 PM
#4117   Added some SGY at $4.21. I still benchman 10/26/16 10:24:25 AM
#4116   Out TDW at $1.654 for breakeven. benchman 10/26/16 09:53:31 AM
#4115   Account value down almost $1,200. That is benchman 10/25/16 04:13:51 PM
#4114   Got the rest of my SGY at $4.51 benchman 10/25/16 03:10:53 PM
#4113   I got a partial fill for more SGY benchman 10/25/16 09:36:03 AM
#4112   Account value down about $840. Most of benchman 10/24/16 04:12:57 PM
#4111   Ouch. I guess that one didn't work benchman 10/24/16 03:32:02 PM
#4110   IFAN see you in hell IN The Mouth Of Madness 10/24/16 03:29:00 PM
#4109   In SGY at $5. benchman 10/24/16 02:38:09 PM
#4108   In some TDW at $1.65 benchman 10/24/16 12:08:47 PM
#4107   Nice! My order was in at $4.01. benchman 10/24/16 10:45:00 AM
#4106   Back in 4.06, out 4.26... lvhd 10/24/16 10:40:56 AM
#4105   I think I could write my day end benchman 10/24/16 10:02:57 AM
#4104   Account value up again nicely today at +$1,900. benchman 10/21/16 04:02:30 PM
#4103   Agreed! lvhd 10/21/16 02:30:52 PM
#4102   Hmmm, is right. I stopped following it. benchman 10/21/16 02:29:49 PM
#4101   AXPW 0.0145,hmmm! lvhd 10/21/16 02:28:06 PM
#4100   That sounds like bad news, but today's activity benchman 10/21/16 02:08:30 PM
#4099   CXRX halted……CEO stepping down. girlfriend 10/21/16 01:57:27 PM
#4098   Thanks! Good luck. Hope it makes benchman 10/21/16 12:14:46 PM
#4097   Nice, just bought some 4.70 lvhd 10/21/16 12:11:51 PM