| Any whiny posts will be deleted. You have been warned. These stock picks are ALL very high risk and you should expect to lose all your money before investing. If you are playing with money you cannot afford to lose, then you have a problem and should either cease and desist from investing and/or find pastoral help immediately from a Bible teaching church in your area. If you are a crummy trader, learn to be a good one before we and others take away all your money. If you are sitting on 50-100% profits on an OTC issue and have not lightened up on your position at all, you are stupid. Very. PLEASE NOTE WELL: I reserve the right to buy or sell any securities at any time without warning. You should not interpret anything that I post as a recommendation to buy or sell securities. You should assume that I hold a large position that I am looking to liquidate on any stock I highlight. Everything on this board and in all my posts is simply opinion. If you follow my picks you should be prepared to lose your entire investment. FIND A TRADING STYLE THAT WORKS FOR YOU! All of us are wired differently and there are as many different kinds of trading styles and methods as there are personalities. The market truly is a microcosm of life. Ebb and flow is an ever-present reality on every stock. That being said there is one ultimate common denominator to successful trades. Sell your stock higher than where you bought it!!! WHAT HAS WORKED FOR VANTILLIAN is to have a couple different strategies at work simultaneously. The first strategy is to keep my ear to the ground on stocks that may move soon (say between a week to two months out) and begin ACCUMULATING a nice position. I don't mind spending a good deal of money (over $5-10K) on plays like this where I have really done the DD. But these tend to be somewhat boring plays until the big moves happen. So.....because I tend to suffer from market ADHD I need to have one cash pool designated for ACTIVE DAYTRADING. I probably make between 20-50 trades on any given day. I am looking for anything that moves in order to make quick intra-day gains of 10% or more. I generally invest less than $3,000 per trade on these kinds of stocks unless they are trading insane dollar volume (over $1M daily as a rule). Taking a haircut (i.e. loss) is part of the daytrading game too. But so is averaging down! It's not a precise science and much like a sport such as basketball or golf you must always have the mindset of a humble learner that though they continually improve, they are ever an infinite distance away from perfection! Self-proclaimed OTC Jedi-masters are only fooling themselves! Be careful of those tooting their horns the loudest. You simply will not find the trader/investor who is never wrong. Being wrong is part of the game, but being right more than you are wrong is essential to survival! So learn from all your mistakes. Take something with you that makes you a better and stonger investor/trader. |