Small Time Trading

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benchman

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benchman

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benchman

05/30/23 11:12 AM

Post #7,992

Re: #7,991: @The Night Stalker - SONN looks right

Thanks for the heads up on all these!

The Night Stalker Free

05/28/23 2:38 AM

Post #7,991

Re: #7,986: @benchman - Hello! My yearly update, lol. Since

SONN looks right

The Night Stalker Free

05/28/23 2:11 AM

Post #7,990

Re: #7,986: @benchman - Hello! My yearly update, lol. Since

RIGL my DD says goldmine

DRMA solid DD to this one in coming weeks

The Night Stalker Free

05/28/23 2:11 AM

Post #7,989

Re: #7,986: @benchman - Hello! My yearly update, lol. Since

HOWL insert DD = solid investment

DBGI shady POS

The Night Stalker Free

05/28/23 1:48 AM

Post #7,988

Re: #7,986: @benchman - Hello! My yearly update, lol. Since

DRMA doing the W, Up from here its per KALA from 3.50 to 58 in a week

1 to 3.50 biotechs with solid DD, we invest in those.

https://stockcharts.com/h-sc/ui?s=drma&p=D&yr=0&mn=6&dy=0&id=p38090673899

The Night Stalker Free

05/28/23 1:22 AM

Post #7,987

Re: #7,986: @benchman - Hello! My yearly update, lol. Since

Saturday, May 27, 2023 1:05:01 AM

Post#
112
of 114
Dermata Therapeutics GAAP EPS of -$2.27
May 11, 2023 5:44 PM ETDermata Therapeutics, Inc. (DRMA)By: Gaurav Batavia, SA News Editor
Dermata Therapeutics press release (NASDAQ:DRMA): Q1 GAAP EPS of -$2.27.
As of March 31, 2023, Dermata had $8.8 million in cash and cash equivalents, compared to $6.2 million as of December 31, 2022.

for some sick reason they did an small offering hence the steep dip,with phase 3 catalyst in cards. i will double up next 2 weeks and wait

its peers all did big pops, buy solid biotechs.wait for it to unfold

https://seekingalpha.com/news/3970562-dermata-therapeutics-gaap-eps-of-2_27?utm_source=otcmarkets&utm_medium=referral

benchman

04/18/23 1:52 PM

Post #7,986

Re: #7,984: @benchman - Hello! Just a quick update. I

Hello! My yearly update, lol. Since that last post I have had a lot of ups and downs. And just when I thought I was out, I rebounded again. I am probably in my best position in 2 years right now.

I hope anyone that is still following is doing well.

ottoman

05/31/22 10:01 AM

Post #7,985

edit: sorry wrong board

benchman

04/28/22 8:25 AM

Post #7,984

Hello! Just a quick update. I was basically out of the market from September through January. Then I kind of dipped my toe in the water for a couple of months, until recently. That is when I bought VIVK at an average of $2.12. Yesterday it ran up to $4.50. I sold all of my shares over $4. The account value is now back to a level where I can trade again. I currently own PIXY at an average around .36.

I hope everyone is doing well! GLTA!

benchman

02/12/21 8:30 AM

Post #7,983

Re: #7,982: @SidewaysTrader - I don’t know if you’ve seen TSNP since

I have. Amazing, right. Never seen anything like that on the OTC, except maybe back in the 90's. Of course now I am hoping to find the next TSNP, lol.

SidewaysTrader Free

02/12/21 7:40 AM

Post #7,982

Re: #7,981: @benchman - Unfortunately no. With the small amount of

I don’t know if you’ve seen TSNP since you posted this message but you’re going to be sick

benchman

11/25/20 3:49 PM

Post #7,981

Re: #7,980: @SidewaysTrader - Are you still holding that? If you are

Unfortunately no. With the small amount of cash I had, I had to sell TSNP before it got over .01 frown However, I did make out nicely with the MRO options smile

SidewaysTrader Free

11/25/20 3:46 PM

Post #7,980

Re: #7,979: @benchman - Just stopping by. Been a rough year

Are you still holding that? If you are I’m sure you’re a very happy camper.

benchman

11/13/20 10:14 AM

Post #7,979

Just stopping by. Been a rough year for oil. I thankfully switched out of VAL before bankruptcy, and started playing MRO options. I don't have a lot of cash, but was able to do well with TSNP yesterday/today.

Hope you guys are all hanging in there.

benchman

09/11/20 11:28 AM

Post #7,978

Re: #7,977: @Imagineer66 - Didn't work out as planned. Still walked

Yeah, that is a nice consolation, lol. Great job.

Imagineer66 Free

09/11/20 11:27 AM

Post #7,977

Re: #7,976: @benchman - Lol. Almost 10am. Good luck

Didn't work out as planned. Still walked away with a $10k profit though.

benchman

09/11/20 9:52 AM

Post #7,976

Re: #7,975: @Imagineer66 - Yes CMGO. I don't know why I

Lol. Almost 10am. Good luck

Imagineer66 Free

09/11/20 9:50 AM

Post #7,975

Re: #7,973: @benchman - I think it's CMGO, right?

Yes CMGO. I don't know why I get deslexic on that symbol.

benchman

09/11/20 9:48 AM

Post #7,974

Re: #7,966: @benchman - OMID .0154. Small float and profitable.

OMID now .024, new HOD

benchman

09/11/20 9:46 AM

Post #7,973

Re: #7,971: @Imagineer66 - Quick tip, $CGMO. PR at 10am.

I think it's CMGO, right?

benchman

09/11/20 9:44 AM

Post #7,972

Re: #7,971: @Imagineer66 - Quick tip, $CGMO. PR at 10am.

Thanks, I will take a look! Funds are a little low though. $CGMO

Imagineer66 Free

09/11/20 9:42 AM

Post #7,971

Quick tip, $CGMO. PR at 10am. should run to 0.035 from 0.022.

benchman

09/11/20 9:39 AM

Post #7,970

Re: #7,969: @Imagineer66 - Not been a bad summer for me, either.

That's good to hear, except for your friends. Thankfully, most of mine have been untouched by it.

Imagineer66 Free

09/11/20 9:38 AM

Post #7,969

Re: #7,968: @benchman - From a stock point of view, no.

Not been a bad summer for me, either. Everything is weird but other than that, nothing personally bad. Lots of friends going through st*t from Covid to the fires out West. Kinda happy nothing has touched me, personally, and same ol', same 'ol'.

benchman

09/11/20 9:27 AM

Post #7,968

Re: #7,967: @Imagineer66 - Long time, no hear. Everything been ok?

From a stock point of view, no. The oil sector has not recovered the way I thought it would. Otherwise, doing well despite COVID. How about you?

Imagineer66 Free

09/11/20 9:24 AM

Post #7,967

Long time, no hear. Everything been ok?

benchman

09/11/20 8:03 AM

Post #7,966

OMID .0154. Small float and profitable. Attorney letter filed today. Larger than normal volume yesterday. $OMID

benchman

06/18/20 2:50 PM

Post #7,965

ADMQ .07, check it out. OTCQB with low float, and profitable. Not really being followed yet.

benchman

02/02/20 8:35 AM

Post #7,964

Re: #7,962: @SidewaysTrader - I just checked in here and saw you

Hey Homeboy! Good to see you. Nice on the big board stocks. Less IHUB influence there. Yes, I could see a pretty dramatic jump in the SPY once the coronavirus is behind us one way or another (vaccine, etc).

VAL has been good to me over the last 6 months. Big swings in either direction over time.

Thanks, and good luck!

(SHUNNED)

02/02/20 5:57 AM

Post #7,963

PCTL Kills viruses superbugs and fungi. Could be very hot.
PCTL
HERE’S THE CURRENT LIST OF PCTL CLIENTS (HOSPITALS ) LIST NO BRAINER THE REAL DEAL $$$$

#1 Morgan Stanley Presbyterian Children’s Hospital. (3959 Broadway At, W 165 St, New York NY 10032

#2 Mount Sinai South Nassau Hospital
(1 Healthy Way, Oceanside NY 11572)

#3 Carson Tahoe Regional Medical Center
(1600 Medical Pkwy, Carson City NV 89703)

#4 SUNY Downstate Medical Center
(450 Clarkson Ave, Brooklyn NY 11203)

#5 Johnston UNC Healthcare Hospital Smithfield
(509 N Brightleaf Blvd , Smithfield, NC 27577)

#6 Memorial Sloan Kettering Cancer Center ??? Maybe
(1275 York Avenue New York, NY 10065)

#7 Anonymous 500 Bed Hospital/University somewhere in England (Trial underway began Jan 15th 2020)

#8 New York Presbyterian Columbia Hospital
(Ranked Top 5 in the Nation)
(622 W 168th St, New York NY 10032)

Replies:
Great post for new investors!
Reaper2019 on 2/1/2020 4:37:28 PM
PCTL As I said before Growing
BIGBUCKS on 2/1/2020 4:38:03 PM
Oh Yeah PCTL is going to be BIG.
pennylane67 on 2/2/2020 1:46:06 AM

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SidewaysTrader Free

02/02/20 4:54 AM

Post #7,962

Re: #7,957: @benchman - Just checking in. I have been trading

I just checked in here and saw you active again and thought I’d say “hello”. I’m still playing these OTC lottos but I’m actually “Trading” big boards now and enjoy it much more. I dabbled in options but SPY has a tendency to take more than it gives and so now my options days are done (might still buy calls one more time on SPY if they suddenly find the cure for this China virus LOL! ) I added VAL to my watchlist as I like the rhythm to the chart,I see in front of me. I check in more here and drop off a few of our own plays like LLIT that looks hot right now (they make germ protection mask in China) and FCEL that has huge potential as a future source of power. See ya later.

benchman

01/24/20 11:58 AM

Post #7,961

VAL in the $4.50's again, looks due for a bounce. RSI in the low 30's, and it's been down 12 out of the last 13 days.

benchman

01/14/20 3:42 PM

Post #7,960

This has to be one of the worst analyst upgrade/downgrades I have ever seen, lol:

"Bernstein initiated coverage on Valaris PLC (NYSE: VAL) with an Underperform rating. The price target for Valaris is set at $2.30"

This is hilarious for two reasons, one, there is no way in hell that VAL gets anywhere near $2.30, and two, obviously no one cares or follows "Bernstein", since the downgrade came out at 10:30am today, and VAL is currently at $6.16, down a nickel.

Wow, what a miss...

benchman

01/08/20 1:41 PM

Post #7,959

Happy New Year everyone! Just checking in again. Things are going well. I closed out good trades of VAL and RAD recently. I still feel it's best for me not to post my trades as I trade, as that didn't go so well for me before.

I hope everyone is doing well!

Spider Web Free

11/19/19 1:00 PM

Post #7,958

{{::--- )) )))

Small Time Trading

---> Very Small, LOL

benchman

10/18/19 1:42 PM

Post #7,957

Just checking in. I have been trading some again. Mainly VAL (formerly ESV), and I day traded ATIS today. So far all successful. That being said, I don't think it is a good idea to post my trades. For whatever reason I do better when I keep it to myself, lol.

Btw, I got the ATIS pick from the SMART MONEY board.

saj

10/03/19 9:28 AM

Post #7,956

Re: #7,955: @benchman - VAL starting look again here in the low $4's.

benchman

10/03/19 8:29 AM

Post #7,955

VAL starting look again here in the low $4's.

benchman

08/02/19 11:44 AM

Post #7,954

ESV, which is now VAL, wayyyy oversold here in the low $5's. Would be a great pick up.

benchman

07/05/19 11:18 AM

Post #7,953

Re: #7,952: @The Night Stalker - soon as we buy, the sadistic

Sorry to hear bro frown Thanks on the 4th, hope you had a great one!

The Night Stalker Free

07/04/19 3:24 PM

Post #7,952

Re: #7,950: @benchman - Still watching ESV. Was a buy around

soon as we buy, the sadistic dumping starts, tough scammy game. I took out big portion of cash, trapped in a sadistic POS at moment, I'm done trying for now, this is madness.

have a great 4th of july bro, bring out the ole grill and grill you a steak with the fam

exec_sum

06/24/19 5:10 AM

Post #7,951

Who here playing TRBO for a possible bounce

benchman

06/21/19 12:47 PM

Post #7,950

Still watching ESV. Was a buy around $6.50 earlier in the week. Hit $8.28 today and pulling back. Might be worth a buy for some if it pulls back more. There is talk of offering a massive one time divided.

The Night Stalker Free

05/18/19 6:11 PM

Post #7,949

Re: #7,947: @benchman - I am done, but I still hang out

some make it, and some are wasting their time and money trying

seventhcircle PremiumMember

05/14/19 7:12 AM

Post #7,948

$mgon low float play, rm. cbd co is going in expecting a big runner to multi pennies

benchman

05/13/19 6:16 AM

Post #7,947

Re: #7,946: @SidewaysTrader - Hey I thought you were done with trading?

I am done, but I still hang out on IHUB. I still own MAAFF, but it hasn't done anything in years.

SidewaysTrader Free

05/10/19 11:44 AM

Post #7,946

Re: #7,941: @benchman - Nice chart. I remember when MCLD was

Hey I thought you were done with trading? Still hanging out here?

seventhcircle PremiumMember

04/17/19 4:11 PM

Post #7,945

Re: #7,944: @benchman - Nice spike recently. $STEV

Stev going multi pennies imo

benchman

04/17/19 3:59 PM

Post #7,944

Re: #7,943: @seventhcircle - $STEV looking good men!

Nice spike recently. $STEV

seventhcircle PremiumMember

04/17/19 3:51 PM

Post #7,943

$STEV looking good men!

Older

Small Time Trading

Followers	31	Posters	105
Posts (Today)	0	Posts (Total)	7992
Created	04/09/14	Type	Free
Moderator benchman
Assistants

This board will be to assist small time traders. Generally new traders with small accounts. Although it could be helpful to all traders with all types of accounts. People can post stock ideas, but I will comment on them on whether they fit the "Small Time Trading" criteria. Please try to keep that criteria in mind when posting. However, posting about previous trades (good or bad) and what you learned from it would be even better. PLEASE KEEP IT CIVIL. No need for fighting on here. Thanks.

I started this board, because I have seen a lot of sad stories out there from new traders and people with smaller accounts. My belief and it has proven out for me over the last year or so, is that small time traders have to trade a little differently than those with big accounts.
My plan is to answer any questions that traders have and to post tips and strategies that will help small time traders. Accounts with $1,000 to $15,000 in them.
As for me, I have been investing/trading for over 20 years. I have a degree in Finance, and was a registered investment advisor for a time. Over the last year or so I have had to trade with a small account, but have been very very successful. So why is my account not large now? Because I have to keep taking money out of it to pay debts. These debts were incurred during the financial crisis in 2008.

Some quick tips:

When you have a small account, the best place you can make the most money is on the OTC market.
Make sure you have a margin account. You do not need to trade on margin to have one. It just makes it easier on you to trade.
Do not trade on emotion
Do not buy your entire position at one time.
Do not sell your entire position at once (depending on the situation).
Do not buy stocks that are in the triple zeroes
Use IHUB message boards for your stocks as a resource
Pay attention to is on those boards. Good traders that you know or paid promotors.
Only buy stocks that can be found on stockcharts.com
Take profits earlier than most are saying you should
Cut losses quickly and move on
Know what you own! And stick to your plan unless something changes with what you "know".
Keep aware of possible dilution by the company or it’s lenders. You do not want to be in a stock where that is excessive.

I will add more as I come up with them. Or others come up with ones I like.
Number 3 and 4 really help you abide by number 2. Unfortunately, it is rare that you will get the best buy or sell price, by not buying or selling all at once, you can take advantage of this. One of the exceptions to selling in chunks is if you can tell a stock is really going to dive, and you have to get out of there quick.
I will also be putting tips here on how to pick the right stock. Some of that is technical, and harder to verbalize, but I will try. I will also give examples of these stocks when I post.

Some key tips:

Buy stocks with relatively low floats (100 million shares or less)
Do not buy stocks with RSI’s at 70 or above
Do buy stocks with RSI’s at 30 or below (however, do not use that as your only factor)
Do not pick a stock that has only traded in a narrow range
Pay attention to see if the company is diluting, or has lenders that are diluting. You don’t want to be part of that ( I listed this twice

Remember all of my advice here is geared towards small accounts, however, everyone can benefit.
The smaller the account the more concentration you will have to have. For example, if you only have $2,000 in your account, you probably can only own one stock at a time to be most successful. Yes, there is more risk that way, but the goal here is to make a lot with a little.
Lastly, my disclaimer. I AM NOT RESPONSIBLE FOR YOUR TRADES. If you lose money with anything I say, suggest, post, recommend, that is on you. If I own a position in any stock I write about I will tell you, and it will be in my profile.
With that….Good Luck!

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