Leet Technology Inc (LTES)

[Sobek]

It's just stuff I learned the hard way. Enter and exit strategies, disciplining myself to not let sellers remorse get to me, learning when to accumulate, hold, scalp, walk away with a profit, or dump with a minimum loss and run.... a whole lot faster paced than the big boards. But I always try to get back my initial investment while keeping shares of whatever company I'm going long in. Usually the goal is a zero to 15-20% cost basis compared to cash I used to go in with. For example, if I go $10k into a ticker with nice news churning say a million shares a day trading at .10, I start selling immediately to recapture my initial cash. Once I get back say 80-100% of my cash, I'm good to start accumulating more shares, flipping the profits into more cash profits on the spikes, and adding more shares on the dips. A tough but effective strategy for these OTC companies as opposed to just buying and crossing my fingers it runs up. Also I use cash accounts, I think margin sucks for the OTC. Using cash accounts I avoid the day trader rules altogether. And now that they went to a T+2 settlement date, it's even better.