Jtrader's Reversals are discussed here.
Who is Jtrader?
Jtrader (JT) is a full time penny player. A former Wealth Management Banker, JT 'retired' to trade stocks full-time.
What kind of stocks does Jtrader trade?
JT is almost exclusively a Reversal player or 'bounce' player. JT looks to identify stocks that have hit bottom, thus reducing downside risk and providing maximum value. JT is the ultimate value trader, with little regard for a company's fundamentals. JT trades both OTCBB and Pink Sheets... with the occasional big board stock thrown in there.
How does Jtrader find the 'bottom'?
JT runs his screeners throughout the day looking for reversal candidates. Some of his criteria is as follows: stocks that are 1) trading at a 52 week low, 2) have solid volume, 3) have had a recent increase in volume, and 4) do not have a history of reverse splits.
What is Jtrader's stock trading advice?
Don't get greedy. Sell partial shares when the stock runs to protect your investment. Just when you think a stock is about to explode is usually when it reverses and starts tanking. This also works the other way too. Just when you think a stock is hopeless and complete garbage (and everyone is bashing it to oblivion)... that is usually when it is time to buy. Trading the opposite of your emotions is often the best way to go. If you lose money, don't give up. It takes time to learn how to be a successful trader. If you quit, you will never learn.
What does Jtrader think you need to watch out for?
Even many of the big names here at Ihub need to be watched carefully. More often than not they are telling you to buy stocks they have ALREADY PURCHASED. Even some of the real big names! Yes it's true. Tread carefully and realize everyone's agenda. If you think I am the same, you are mistaken. With my Headz Up product I post my picks AS I MAKE THEM. I have no where to hide, which is the way I like it. I'm fully accountable and transparent. Of course, this is a paid product... which it should be. It's worth spending a few bux to get a product that consistently makes money in the market and keeps you from the unethical pumping and dumping so unfortunately prevalent.
What are Jtrader's favorite websites?
This is a premium product whereby I send a Text Message (SMS) and/or Email AS SOON AS I make a stock pick. I've limited it to only 50 members as I want to keep it small and free of pump and dump type activity.
HEADZ UP! Resultz viewable at www.Jtraderz.com
Sign up at www.Jtraderz.com