The Daily Grind (JWEZ)

[jwez]

BOS, I see you're still around... wondering if you could do me a favor and pass this around... I blew up my account literally days after I received my new system from Digital Tigers (shorting $TSLA)... I need to sell it ASAP and would be willing to ship but hoping I can find someone in the Ohio, Kentucky, Indiana, Michigan area and deliver it myself... Thanks and hope you're doing well...

https://dayton.craigslist.org/sys/d/nib-trading-gaming-system/6768569521.html

https://www.ebay.com/itm/273603833853

[TheFinalCD]

imo BLDV is a BUY here .0003x.0004

[jwez]

man, TLFX sick move off news yest... starting to miss the OTC everytime i check in... lol...

[jwez]

earnings, who's ready: http://www.nasdaq.com/earnings/earnings-calendar.aspx

[BOS]

Appreciate the feedback and have a few option players on the Blackop Board if you ever want to come over and chat up your plays.

[jwez]

hey Bos, sorry didn't get back to you sooner... don't really check the hub too often anymore... had family in for a long weekend and wasn't expecting to trade and other than some opportunity yest morning there weren't a lot of set ups for me... and today was mainly an inside candle day, so hopefully we'll get some better direction going into the end of the week... so, no plan for the week or tomorrow yet, but mainly i'm looking for over extensions on bigger names or high probability set ups... for instance fading IBB IWM AAL and FB via puts last week and then playing the bounce on both after the market wash out... also usually looking to trade off bottom/top of trend or off the bb's back to 20ma... that kinda thing... i traded half dozen issues last week like that and usually trade intraday to 3 day swing... ideally looking for something that will give me more than just a one day move... perfect set ups are when the turn will happen on an expiration day and buying just out of the money expecting a move into the money as the day goes on and the trade plays out... anyway, the volatility we continue to get is giving such great opportunity... never know what we'll get next...

[BOS]

Been dabbling here and there in options but really can't wait for summer now to focus more on them. Love options for the very comments you've made in this thread and def want to do more.

Anything in particular this week you are playing or charts your watching?

[jwez]

MDCN, now that is nuts. what's behind the move? feel so funny asking that considering i use to know why everything ran instantly... seems like it's been awhile since you could make 6 figures in a few days on an otc... oh well... no way to know which ones will do that or how far they'll go... with options you're trading an underlying issue that you can gauge off of it's chart... day in and day out you know you'll get those kind of moves... that's why there are people who only trade FB or AAPL options, because the range is always there, puts or calls you can make 50% a day, or 500% on an expiration day... i haven't had a week yet where i didn't have a minimum 5 bagger in a day... i'd say i've had a few of those every week with a lot of 50%-100% mixed in... i'm probably up about 4 times the amount of money i've risked so far just this week... expiration days are the big days... those are the days dreams are made (or lost)...

[TheFinalCD]

Wow MDCN .0008-.054 = +6,000% in just a few days


other notable runners : THCZ,MGON,DRNK

[jwez]

take your time and get your platform set up... may take you a few weeks to tweak it so it works for you... then just trade weeklies on paper to get a feel for them and how premium and time decay work going into expiration... do that for a month or so on just the big names SPY AAPL GOOGL FB etc... once you get a good feel for it, then start throwing a few hundred in to get your feet wet and just play small for a few months... guaranteed you will get hooked and leave everything you're doing behind... no need for Skype, ihub, twitter, chat, pumps, whatever... all of that is noise.... you just need your platform and four dozen or so saved charts of the biggest names in stockcharts.com and you can kill it... just need to know how to trade charts... that's it... i dumped everything to eliminate the noise... no more chat rooms, no more equity feed (which was my golden goose), no more ihub post stream, no more anything except my platform and cnbc... and i've never made so much CONSISTENT money... i never have to wonder "what's next"... i don't have to keep scanning and be on the look out for what's gonna pop up to jump in and jump out... so much less stress and so much more consistent... best of all, i use to always have an unsettled feeling... playing otc turds/pumps and low float momo naz just never sat right with me in my gut... jumping in something just for momentum and then moving on just felt kinda dirty... trading the broader market doesn't... anyway, hope you take the risk to move on from what you're currently doing... forget the school yard and move on as a professional...

[TheFinalCD]

I want to learn OPTIONS

hopefully during summer break

last summer I didn't take a break

and lost lots of profits

this year I want to take a summer break



did I mention I need a break

[jwez]

what's different about options is that you can use as much money as you want... you want to place a $500 bet or a $20k bet, or even a $100k bet, no big deal... liquidity is there and huge range... otc will never give you that...

[TheFinalCD]

MDCN & THCZ= WOW runs


P.VSP amazing +1300%


IENG Volume & Liquidity, coming off .0003

[jwez]

holy chit... PVSP at 0014 lol... never thought i would see that... how's the ol' otc going? haven't traded one otc since i sold my last ECIG... no reason too when you can get doubles, triples, and a lot more every day on options... man i'm so glad i'm done with otc's and ihub... drama free, weeeeee....

[TheFinalCD]

>>> a must read<<< http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing?hootPostID=2ea9aa00559ea37f122323b45ad70c1a

[jwez]

check this out:

http://www.bloomberg.com/news/articles/2015-03-12/josh-sason-made-millions-from-penny-stock-financing?hootPostID=2ea9aa00559ea37f122323b45ad70c1a

[jwez]

yep, nice swing... still have about 1/4 my position left... have/had GTC's laddered out for almost a month now... hoping for more out of it over the next few weeks leading into the meeting in march... i'm still betting on them releasing revenue #'s... i'm not buying any pull backs though cause i don't want to pay attention to it, just let my sells work... way too busy trading the bigger market options...

[TheFinalCD]

ECIG ALMOST HIT .15 (400%) from .03 bottom= AMAZING RUN

[TheFinalCD]

I understand....

[jwez]

While the market stays this volatile I'll stick with options. Don't have to get lucky trying to catch the few and far between OTC poppers. I know the range will be there every day.

[TheFinalCD]

very good to see an absolutely huge day on the OTC today

RCHA-SPXA-ECAU-PDGO-NWGC-PPHC-SUTI


ALSO DID YOU SEE FLXP

[jwez]

congrats... otc needs an RCHA everyday...

[TheFinalCD]

just when we thought the OTC was KAPOOT!... SPXA-RCHA-PDGO-ECAU

AMAZING!!!!!!!

[jwez]

yah, once you hunt around you can find some great information, even years back...

[TheFinalCD]

nice read

[jwez]

a must read blog... Brent has and endless supply of great informational posts:

http://traderfeed.blogspot.com

[jwez]

DNDNQ hhhmmm...

[jwez]

OTC, the death is near... ugh... so sad...

options gonna have to take their place i guess...

[mick]

worth reading my friend/ plus liga

re;
TUNG, SAMP, DIDG, ERFB,

AZFL, EQLB, OWOO, TNKE,

VGID, QLTS, WWAG

[jwez]

lots of one hit wonders this first winter month... TUNG, SAMP, DIDG, ERFB, AZFL, EQLB, OWOO, TNKE, VGID, QLTS, WWAG

all good money, but is anything gonna sustain anymore, or are they just gonna be one day runners on pumps or off the wire... at least wire plays working, even if just the day... but what's working now is play and be done... the few i've tried to play on rebound barely worth it or giving some back... ugh...

don't die yet on us OTC...

[jwez]

http://biz.yahoo.com/research/earncal/today.html

[jwez]

BCLI, AEMD, MELA, ADMD, VGGL, and ECIG were a great way to start off the new year... cheers...

[jwez]

AEMD nice trade to start off the year... took some off here...

[jwez]

looking back on my trades for the year, my biggest losses came from adding to bad/losing positions and from accumulating too much of a low trip zero play... my biggest wins were from low float momo NAZ and large $vol OTC's... majority of those bigger wins were from the OTC's i would swing as oppose to scalping too much and the NAZ issues i would scalp 1-3 in a day as oppose to a dozen times... the quick OTC scalps worked on wire plays or post-stream/twitter pumps, but scalping on larger $vol OTC momo/chart/event plays just kept me from making more $ and wasted my time/commissions... my patience was often misplaced, too impatient when i should've let the trade/plan work out, and too patient on bad trades... biggest psychological problem overall was wanting to be right or make a bad decision right, instead of just sucking it up and moving on... market is always right and i need to remember that and forget myself...

moving forward i'm going to focus more on my risk management, patience, and number of trades i make... cut out the noise... no more trip zero pumps (different than the story/news trips), less pumps in general, more patience with the plan i put in place (trusting my experience/knowledge), and managing my size/scaling better... more NAZ and less small $vol OTC...

gotta keep it simple... cut losses quick and don't add to losers... wait for confirmation and give yourself room to scale... focus less on the smaller and riskier trades that can wash out in the end and focus more on the bigger picture trades... patience, discipline, and risk management are the names of the game... can never stop thinking about those...

[jwez]

ECIG AZFL ADMD otc atm's... can't wait for the new year to begin...

[jwez]

yah, this is major here... this dip has to keep getting bought and then needs to get through 07 to 08 before more people feel comfortable enough to get in...

craziness...

[AnG5640]

Hmmmmmm....bottom forming or more tank.......that is the question :)

[jwez]

$ECIG news: http://ih.advfn.com/p.php?pid=nmona&article=64797496&symbol=ECIG

[TheFinalCD]

IM ONE OF THEM http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101636784

[AnG5640]

Sweeeet!! I'm gonna load the boat with PHOT (j/k).....

[jwez]

well, that may change, we'll see... if i have time to post while trading at the beginning of the year, then i may make something out of this board... kinda been liking it lately, i guess you can only sit quietly by yourself for so long... lol...

[jwez]

Victory: Congress ends war on medical marijuana (potentially)

http://blog.sfgate.com/smellthetruth/2014/12/12/congress-ends-war-on-medical-marijuana/

just in time for the new year runs again maybe...

[jwez]

lol... so you decided to post on my old board why? for all 14 followers? lol... me and PB bought most the 0004's and 0005's and that's a lot... weeeeeee....... lol...

[TheFinalCD]

FONU (.0008)= http://investorshub.advfn.com/boards/read_msg.aspx?message_id=108750567

[Big_Money_Upward]

lol otc coppied the tinder logo

[MrCheap]

GRCU, SELLING PRODUCTS ON AMAZON...0085 BOOMAGE TIME IS COMING WITH P.R.

[jwez]

I am officially saying good buy to sub penny stocks and probably most OTC's in general and also to ihub... only been throwing fun bucks in OTC's and I'm lucky if I break even... maybe momo will come back later this fall or after the new year, but i'm making way too much on NAS to even care anymore... such a waste of time and energy for a fraction of the profits... I think I'm going to be very happy with my decision... PTL...

[jwez]

doesn't look like the OTC will ever come back to life... all that's left is bag holders, idiots who can't trade and whack shit at lows, and heartless financiers who will just kill the stocks off...

RIP

[jwez]

OTCMarkets: Update: FINRA has halted trading in OTC equity securities. Updates to follow.

Update: FINRA has halted trading in OTC equity securities. Updates to follow.

— OTC Markets Group (@OTCMarkets) October 17, 2014

[Big_Money_Upward]

SMED 4.50 medical waste disposal 11mil float