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OK, bum deal on COIN "phase 2" play, so bailed on that play and will restart "phase 1" over again in my game account. Let's try a triple-zero stock with USNL from .0008 to .0016.
As a disclaimer and explanation...this forum is only for the silly "phase" trading game. I have a separate trading account just for this game. These are not the only trades I make, and sometimes I am trading the same stock in my main trading account as well (or not). Trying to hit a 100% gain from entry is obviously a long-shot. Trying to hit it 10 times in a row is even more crazy, but that's what makes it a fun game, right?
Having to restart whenever I lose money on a "phase" attempt is part of the game. If I don't lose money on the phase attempt, then I can retry that same phase, but deciding to take a loss (as with COIN) means I have to start over with the previous phase again. In this case, that is the first, $1000 phase.
So, I have "at least" $1000 in USNL as a "phase 1" attempt to hit 100% gains. If anybody cares, I actually have more than that in USNL with more conservative targets, but will try to ride at least that $1000 to a double and sell for $2000. If I bail early (even with a gain), then that means another phase 1 attempt for the game. If I succeed, then that $2000 in my game account goes to play a "phase 2"-- another attempt at 100%
As you can see, it's a silly game, but can be fun to imagine hitting 10 successful 100% phases. That makes $1000 into just over $1,000,000 which is absolutely ridiculous odds. If that were my only trading strategy, I'd be out of my mind. But alas, it is not. The "smart" trading strategy is to take smaller profits on a more regular basis, and that is what I try to do with my main trading account.
I hope that makes sense for the 1 or 2 people reading this (or maybe nobody is reading this, which is fine too, since it is just for fun).
yeah not a one day flip..
got in cause of they got a govt vendor number.. im sure a contract is right around the corner..
floats so tight.. it could be an easy 100% gainer.. so ill see..
= )
Kinda low volume. 7 trades so far today.
Did phase one about 3 days ago.. got in @.041.. of course check it out before jumping in.. but i like the story..
0 dilution.. and floats 10 million.. check it bud
Hmmm....going to look at it. Are you going in with a "phase 1" play on that one?
Got one for the Million Dolla phase game.. SIPN.. easy 100% from this leve in my opinion... Let the games begin synth!!
Sold out of HDSI with only trade fee loss just after I bought it. Will try another Phase 2 play later. Phooey
lol.. like this game.
Yeah, in the game rules, if you ended positive on your trade, you bank the profits, but still have to try that phase again for a 100% gainer. But if you lose money on the trade, you have to go back to the previous "phase".
In theory...if you started with $1000 and managed to complete 10 phases (10 doubles) you'd have just over $1,000,000
nice job.. i only got 73% on phase 1 same pick.. so that does not count. lol
This board is just a game I play. Nobody follows. Aside from my regular stock-trading, I wanted to play a little game where I try to get 100% (doubles) 10 times in a row. But when you fail a level (or a "phase"), you have to start over. hehe
You can read the rules if you want. Of course I do other trades besides these, but having some money set aside for this game is fun.
So far, whenever I've completed a "phase 1" trade for 100%, then try a "phase 2" I've failed on that second trade and had to start over. I just got a "phase 1" completed with ATRN, so I have to try to declare another 100% gainer for "phase 2" and put in at least $2000 (phase 2 amount) and reach the mark to move onto "phase 3".
Anyway....it's fun
never realized you had this board.. ill board mark it..
OK, "phase 1" retry was successful. ATRN in .095 and out .19 for a double. Now will watch and wait for a "phase 2" play and try not to blow it this time
Out ANTS and trying new "phase 1" play with ATRN bought at .095
I played ATRN for much more than a double, but forgot to declare it here as part of my game. I thought I had...d'oh! I'm sticking to the game rules. I have to say what I'm playing for a "phase" and a 100% target, then say whether it hit the target, or I sold early, or for a loss, etc. If I don't record it here, then it doesn't count for the game.
I keep forgetting about this forum since I'm the only one here, but I want to use it as a fun little stock-trading record. I'm going to try it again.
So...I will watch for a "phase 1" play all over again. That means I'll be putting at least $1000 on a stock that I mention here with hopes of a double (I may put in more, but for the purpose of the game, it has to be at least $1000). Then I'll declare the result and try again on "phase 1" if it's a fail, or move on to "phase 2" with $2000 if it's a success.
In LGFTY again for Phase 2 play. Why not? It worked once. So, need a 100% from .45 (target .90 or better)
OK, LGFTY hit the target. Phase 1 complete. Now to keep my eyes open for a nice "phase 2" play.
OK, let's try the LGFTY mega-tanker as another "phase 1" play. In at .75 and let's see if she can make a double or if I chicken out first. It already doubled for those who were lucky enough to catch the knife at the very bottom. Maybe we can hit $1.50 from here?
Made more than 100% on LOCN...too bad I didn't officially call it as a "phase" play in my game. OK. Still have to call a successful phase one, 100% flipper for this game.
Nope, fail on that one too. Waiting for another...
Out NEOM for the phase 1 attempt with minimal loss. Going with a pump (first time in...forever) for another attempt. GGRI this time. Let's see how that goes. In .119
Trying a new "phase 1" on NEOM. With my average, I'd need .072 for a double and phase completion.
Out SOBM. Lost money on that phase play. Rats!
...another strike! I'll regroup for another phase 1 play later.
Yep, there goes that phase play down the drain. Main goal now is to break even...
something shady went down bigtime, i noticed immediatly when watching l2 and i seen all the 5k blocks of sells coming through at once, thats not something that is normal for a stock at all. i got alarmed right away. didn't get out with profits but kept from losing my shirt completely.
SOBM wow the news just keeps coming, i know they said swift but damn they are working fast.
Hi Rek, nice to see you here. I know you from elsewhere too
SOBM...so far so good
SOBM news right on time, everything moving along just as predicted, great pick PM and BM for you.
My new "phase 1" play is SOBM.
Let's see if this one does better than the last try.
In at .155 and hoping for the breakout past .30
I'll be patient
Well, out PMAH for a small loss on phase 1.
I'm going to hold my cards and play some others before I give phase 1 another shot for 100% at 1K
What did I learn? Low volume stocks, though they may move up with nice percentage jumps (PMAH went up 45% one day), there is not enough liquidity to sell, so I became trapped. I couldn't get out after many days of watching the price settle back down. So, I simply had to bail out at a low bid.
Phase 1 update: PMAH taking off now. With luck, my phase will be complete soon!
JoanneG still with IDCN which closed today at her average of .0006 so anything up from here is a step closer.
Backed out of EFLN phase play. They increased A/S by 300 million and that kinda scared me. That likely means that they will dilute on the next PR. Of course, with my typical luck, it will double from here. But I'm out only my trade fees.
Still in a phase 1 play with PMAH.
I've now got a separate phase 1 in play with EFLN.
So, I've got two rounds going. PMAH is still my phase 1 play in one attempt (not going well at the moment).
EFLN is my phase 1 in a separate attempt. In at .0018
Target to complete the phase is a sell at .0036
Phase 1 progress report for Friday morning:
So far, after a few days into our "phase 1" plays, I am at a standstill. PMAH is currently at the ask of .0098 which is barely over my entry price.
Joanneg's "phase 1" play with IDCN is currently at the ask of .0006 which is also her entry price.
Just holding and waiting.
And I'm in phase 1 with PMAH.
Bought my other half at .01 as it looks to take off now...at least I hope! My average after fees is .0097 to I need to make it to .0194 to complete the phase.
OK, making a move...
Picked up half my phase 1 at .009 in PMAH
Wasn't getting a complete fill, so I'll have to buy the other half separately. I'll see if I can get it even cheaper or if I have to slap the ask with my other half.
Okeedokee got it! GLTUS! cu tomorrow ST!
Joanneg is in IDCN for phase 1.
Entry price was .0006 and she'll report when she sells and at what percentage gain or loss.
GO IDCN!!!
That's right. If you take IDCN to .0009 and sell. You then have around $1500 with the sell. You put $500 back into your bank and start your next phase 1 attempt with $1000.
Your phase is only complete when you make a 100% play. Then you move on to phase 2 with $2000.
After 10 complete phases you'd be at $1,024,000 on a single sell.
Of course, you can back down a phase any time you don't feel insane enough to put so much money into one play, which I can completely understand.
The fun thing is that even by...oh...phase 3 or 4, you may have several thousand that you've made in "failed" attempts that didn't make it to 100% So, you have other money you're using in your regular trading. We just track the phase game separately here.
If it looks like the price is falling, sell fast or it becomes hard to make back your phase money...as I learned last time.
My avg is 0006. so If i undesrstand, If I sell at say 0009 then I dont take my original plus profit and roll over to phase 2, I start over with just the 1000 right?
Go ahead and call IDCN as your "phase 1" play if you'd like. Is your average on your $1000 at .0006 right now?
So, here's how it plays out. If you can get to .0012 (or higher) when you sell, then "phase 1" is complete. You then have $2000 to play on your "phase 2" pick.
If you cash out before 100% (which is totally fine-- better than holding too long and watching it fall), then you put the money you made back into your "bank" for other trading or whatever, and pick another "phase 1" for $1000 to try again.
That way, even "failing" the phase, you make some money
well maybe too late but I like IDCN at 0006 Ive been buying for a few days, I think its good for a double, I am in for 1000. since u didnt start this and I didnt post my buys real time, I can pick another of youd like. I really like the look of your PMAH ST!
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This board is for those who want to play the "Million Dollar Phase Game" to announce and track their attempts to succeed in the investment phases toward a million dollars. There are specific rules to this game which make it a fun challenge for investors, and which make it entertaining to follow.
Here are the rules of the game:
To win, the investor must complete the number of phases necessary to reach $1,000,000 using the following rules.
Decide a beginning investment amount. $100 requires 15 "phases" to reach $1,000,000 while $1,000 requires 10 "phases" to reach $1,000,000. A "phase" is a successful trade in a stock which results in a 100% gain.
Example: Beginning with $1,000 -- a completed "phase 1" would result in a $2,000 take, a completed "phase 2" would result in a $4,000 take, a completed "phase 3" would result in a $8,000 take, etc. all the way to completed "phase 10" resulting in $1,024,000
If playing this game, the investor would carefully chose 1 stock in which to invest their entire phase amount. That investment would result in one of three possible outcomes: 1) If the stock successfully reaches a 100% gain, the player cashes out and announces completion of that phase. 2) If the stock rises, but does not reach 100% before the player decides it is wise to cash out, then the phase is not complete. The player moves the gains to their bank / investment account for other use, and then tries the same phase over again with the original amount. 3) If the stock loses money, the player quickly cashes out and then must reinvest the remaining phase money to either get back to their original phase amount, or complete the phase by a more than 100% gain.
Example 1:
$1,000 invested in phase 1 stock. 100% successfully reached and stock is sold for $2,000. Player announces completion of phase 1 and moves on to phase 2 where $2,000 is invested in a single stock with target of 100% gain.
Example 2:
$1,000 invested in phase 1 stock. Only 30% gain before player decides to sell stock for $1,300. Player announces failure of phase 1, puts $300 back into their other investing (whatever they want to do with it) and restarts phase 1 with a new $1,000 investment in a new stock to retry phase 1.
Example 3:
$1,000 invested in phase 1 stock. Stock value drops 20% and player sells stock for $800. Player now has $800 to invest in a new stock to gain back initial $1,000 investment, then sells and restarts phase 1, or tries to get a 150% gain all the way to $2,000 and completes phase 1.
The point of this game is not only to have fun attempting to trade successfully, but also to earn money along the way. Hopefully, by picking good stock plays, investors can even make money in "failed" attempts to complete a phase. Of course, a player may decide after completed even a few phases that the risk is too high to put so much money into a stock, so of course, part of the game includes "quitting while you're ahead", or even starting over at phase 1 to repeat the game.
Of course, all investors are 100% responsible for their own investment choices and this board or its moderators or iHub (any body else) is not responsible for "phase game" failures or financial losses if investors choose stocks that do not post gains. This game is to be played by responsible investors of their own free will and choice. Responsibility for choosing stocks is also up to individual investors-- this is not a "stock picks" board and is only meant to be a place where players can report their progress and discuss their picks.
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