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What a mess! I can only hope someone offed her.
I didn't want to be gender biased. I am at my wits end here. How long can this keep going? I consider any money here to be dead and gone. But until something happens we're in limbo. I have had a buy order in for Months at .025 but there's only been a couple transactions. I plan to average down now and bail for a smaller lose at the first chance I get. I hate this stock. It's an ever lasting reminder to stay away from stinky pink sheet turds like this. The Hodges's are the biggest losers ever!! My only hope is some newbie comes along and makes the same mistake I did. Then I can sell and move on.
I
No underwater wood. But they found plenty of underwear wood.
Do yourself a favor don't buy shares here, instead slam your penis or vagina in a desk drawer to know how it feels to buy stock here.
So what happens to my shares here?
ShitZ.
You would think they would be proud of this and put out a news release?
Ihub is a joke.
Lol! It isn't easy having multiple accounts.
What's the difference Stromboli? This thing is a dead horse.
No. Never got up high enough. Also my sell orders expired.
They have tainted this stock with their slimy ways.
I hate this stock!!
Why wouldn't they just buy us out below a dollar? Then go private. $.10 is better than $1.00
You can see my first sell order on l2. Thank Jesus! I'll be glad to get out of this turd.
Are you kidding me?
I'm with you there Stanley.
That wasn't very nice them.
Bi bo. No problem.
I'd be happy with today
It's easier to read than a computer screen.
Don't forget the low amount of debt.
Sweet maybe I'll get some moola from my long lost daddy.
Not many.
Nice numbers!!!
That's on the third page notice of consent.
I just received a 139 page schedule 14c information packet. My girlfriend almost threw it out.
Sounds like the ghosts of Christmas's past. We'll either make money or have tax right offs this time next year.
Happy Holidays everyone.
Well the quick in quick out part is nice.
Nice!! It'd be sweet if they all were so easy.
I wanted to share a link to someone I've been following for a while named lowtrade. I feel if I'd found him sooner and was better at chart reading and wasn't working full time I my have done better thus far. His plan my not be for everyone but I like the general ideas behind it. But with some time I will someday formulate a plan/strategy that will work for me. Either way I thought I'd share.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70279871
TIME to create a business plan!!!
Day trading is not the way to have continuious, steady, repeatable wins. Day trading is gambling with an edge, at best, if your good at it.
Example of a business plan.
Was making $60k, now making 60% or $36K unemployment difference $24k, $500 a week. Medical insurance $300 a week. $15.5k yearly.
Want $24k yearly, $2k monthly, $500 weekly. Need $15.5k yearly, $1.2k monthly, $300 weekly.
Cash to trade with $3k! Trade 3 stocks a week $1k each. For each win, exceptable loss is 1/2 the wanted gain.
To reach $500 with all winners I need 17% on $3k weekly, or 5.5% each stock trade.
To reach $300 with all winners I need 10% on $3k weekly, or 3% each stock trade.
Goal 2 out of 3 trades winners. 17% + 8.5% to cover 1 loss = 25.5% on 2 trades. Each needs to be 12.5% for $500 weekly
Goal 2 out of 3 trade winners. 10% + 5% to cover 1 loss = 15% on 2 trades. Each needs to be 7.5% for $300 weekly.
So your want goal is 2 winners a week @ 12.5% each. Your need goal is 2 winners a week @ 7.5% each.
Looking for trades which will give 10% average gains on a weekly trade. Search for chart patterns with 10% to 15% gain targets.
You should have at least 2 times what you will be playing on strong watch. If playing 3, you need at least 6 strong watch stocks a week. to hope to get 3 give entry signals.
The more the better.
So theres the basics of a trading business plan.
Want goal $24k a year, Need goal $15.5k a year. Trading 3 stocks weekly for 7.5 to 12.5% gains, on 2 out of 3 trades. With chart patterns projecting 10 to 15% gains. Each time a strong watch stock signals entry, you buy and sell at goal or 1/2 the goal for an exceptable loss.
All that is needed, is finding 6 to 9 strong watch stocks each weekend, that project 10 to 15% gains and trade the plan. Remember to always have an exceptable loss 1/2 the expected gain and sell when either is hit. If neither is reached in the week, sell at the Friday close price and start new each week.
Monthly, evaluate where you are and adjust as needed, to make up differences in the monthly goals attained. You should be able to find 10 to 15% gain stocks in the $5 to $15 dollar range. That means you can scan for chart patterns using FINVIZ.com. And rely strongly on TA entry signals, because your playing the big boards.
Evaluate this example and plug in your needs & wants, capital available, time frame needed for cash income. Maybe you will want to trade on 2 week cycles, or trade for monthly goals.
At any rate, make a plan, run the numbers, know what you need to do to hit goals. And set them. Work each weekend to find prospects. Create a chart plan for every strong watch stock and trade the plan. Evaluate and adjust.
Being sucessful in trading is all in the numbers. Knowing chart patterns and executing on TA signals, for entry. The key to any plan is keeping the win/loss ratio in your favor. The better you become at finding winners, which reach target, the larger you can make your ratio. I use an exceptable loss 1/2 my gain target. If you have less success then 2 out of 3 winners, change this ratio and play more then 3 stocks. Say play 4 stock, dividing $3k up and have a loss 1/4 the gain. Keep the odds in your favor.
With 1/2 you need to lose 2 times, for each win, to break even. This works well for me. But I'm farely good at picking chart patterns. You may need to take smaller losses and play more stocks. If you have trouble generating at least 1 win out of 3, to stay even for the week.
See my point. Keeping your cash, is as important as getting gains! You need the capital to continue. It's hard to come back from large losses, with small amounts of cash to start. Capital preservation is very important. And if you need to trade in and out frequently, because your exceptable loss ratio is small, so be it. Use 1/4 or 1/3 or event 1/8 if needed. But don't except large losses with small amounts of cash to start.
Forget about what you miss!!!!! You business plan tells you what is needed and what is wanted. Be happy (very happy) if you get that! Need help with your strong watch list? Bring it to the board for comments.
Make a plan. Ask for help with strong watch list.
Success!
I total agree. I also appreciate all advice. Some lessons you learn the hard way some come easy. Being stuck in a couple falling stocks a few times enough for me.
The other 5 consist of a couple silver/gold stocks, a couple gambles and a non reporter that I've been holding since day 4. I plan on kicking butt next year and will use those as tax loses to offset my huge gains if nothing becomes of them bye this time next year.
If your under 25 yrs old it's 3k if you have an Ira it's 5k. I have a chance at that if I rolled some of my Ira work account.
I'm hovering around $1,000 right now. I only started trading 2 yrs ago. I put in $60 a month from my 2 paychecks and any other monies I can live without.(which isn't much) it hasn't been very rewarding so far but I've learned a lot. I wish I would have started trading 20 years ago.
I'm such a broke dick! No interactive for this kid. $10,000 minimum to get started.
Thanks traderfan. I'll look into that tonight.
I've been meaning to find a better broker. Just not sure who to go with. If had thousands of dollars at play it wouldn't be as big an issue.
I should have sold at the beginning of December when she hit the mid 1.20's. I'm at .997 average I have 200 shares. Td atrade gets 9.99 in and 9.99 out that's 10% of my $200 so $1.10 would have been a break even sale for me. Plus I think there's still hope for cccl. The only stocks I've thought about averaging down on/or adding too are nuin @ or below .6402 and herb @ or below .50 I had an order in for .4102 on herb for few days and it didn't fill. So I bought abpr on the dip the other day. I would have bought either nuin or herb but at the time they were both hovering around my averages. So I went with abpr.