Investor Help (NO Ihub questions)

[cintrix]

I do better with the bouncing big exchange low priced tickers.

Then why not stick to what you do better? Bounce plays on pennies are much harder because most of the time they don't bounce. They go down because they are highly diluted. Once that happens the bounce factor is gone. They usually keep dropping.

When it comes to the size of trading, it goes the same way with pennies as it does with any other stock. The more you buy the higher your return will be if it moves up as well as the more it goes down the higher your loss will be. What you need to do is buy enough where it doesn't need a major move for it to move up. So if you buy a few hundred thousand it doesn't need to move up too much in order to make something, but KNOW YOUR EXIT before you buy and if it drops know how much you can afford to lose and get out if it gets to that point. You are better off taking a small $200 loss than waiting and hoping it will come back up. From an ex-penny trader I would tell you that it is much easier to make money on the bigger exchange stocks. The thing is you need a good amount of money to get started. This is why so many beginners start out trading penny stocks - you can buy so many more shares with such a smaller amount. But from a lot of experience I will tell you that they are dangerous and if you don't understand about share structure and toxic financing you shouldn't be trading them. I am glad to hear you say that your first couple of adventures ended in a loss. The kiss of death is when you start trading pennies and you do really well the first couple of trades - you get a very false sense of "I know what I am doing and this is easy."