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PennyPenguin  is analyzing the technicals 

iHub Info
Membership Type
Followed By 6
Posts 83
Boards Moderated 1
Alias Born 01/21/2014 02:39:00 PM

Personal Info
Location Toronto, Canada
Investment Philosophy HOW TO BE SUCCESSFUL IN PENNYLAND:

1) Accept that shit is really f*cked down here and many have come and lost

2) Learn the 'life cycle' of a penny stock

3) Trade on Volume & Price Action - Ignore the story

4) Remember dilution is always just around the corner

5) You can either preload on a 'potential winner' and wait for the pop

6) OR swing the runs/bounces
Occupation Entrepreneur | Designer | Ethical Trader
Interests/Hobby 7) Take haircuts (small losses) if you have to, so that you can still win big tomorrow.

8) Know your patterns, chart indicators, and Level 2

9) Use the 30/30/40 rule on winners to 'play it safe'

10) Only trust the people that you can trust
Favorite Quote “Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.” - Marcus Aurelius
Person I'd Like to Meet Those who will help me make money!
Favorite Movie Do not be greedy - Don't rush to trade - Wait for the setup you know and trust
Favorite Artist Aim to truly understand the playing field. Do your own research. Don't give away your hard earned cash.
Favorite Sports Team Bull, Bear, and Transitional periods all need different trading strategies
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