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Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I'm not really looking for a % or dollar amount on any individual trade. I do have a goal of 10% gain for my weekly total.
I mostly trade based on the charts and will get in and out when the chart tells me too. This is a fairly new concept to me as during this past year, held stocks way too long.
Especially, the OTC's. I have sticky on my computer. All it says is "Don't fall in love with stocks" This allows me to take emotion out of trading. It's still a work in progress :)
I'm with you.
My absolute #1 goal is to get my Day Trader Status back. That is the main reason i'm not officially starting this challenge until the new year. $2500 to go. That's just 3 ticks on that damn EXMT I own. It came to life a little on Friday but not holding my breath going forward.
Take Care
Been looking at TDEY. You guys think it will test the 50 day first around 007?
Great post...Thanks for sharing.
Thank you. Wow $2500 to 60k....nice.
I'm playing both OTC and BB's right now, but agree with you and OTC is why my account took such a hit this past year. I'm still long on a few OTC's but starting to trade more bb's (mainly day trading) I'm going to tray and keep 20% of my money set aside for day trading.
Thanks for checking it out. Papa Bear got me turned on to this board. Great content and i will check back often.
Thanks for checking it out. Nice with EWRL. that will put you just about at your goal all alone :)
Hey guys. Looks like a great board.
I just started a stock challenge board and one of the MODS invited me to share it on here.
Check it out and tell me what you think
$3 Million challenge
hey guys. I started a similar board if you want to check it out.
I'm still learning, but should be a good journey.
$3 million challenge
Week results + $1290...6.08%
Not too bad considering that i haven't officially started the challenge yet and working on some things.
Current Long holdings
EXMT...This was one of my biggest mistakes of the year. still has a chance, but i'm down huge on this one
MINE...Appears good company, with fairly new business plan and starting to generate revenues.
EWSI....I reall like what i see hera, seems to be run great and transparent. Currently up about 25% in my investment on this one. in a current pullback, but quarterly should be out on Mon/Tue
Nothing too special for the week. Just picked up PHOT on Friday when it bounced off the 50 day when there was a shakout over their quarterlry.
My big mistakes for the week is trying to get too cute with shorting wome stocks in an uptrend. I have to go with the trend. going against is just a bad idea for the most part.
Have a great Weekend!!!
I currently don't have any followers, but that's okay as this will be my journal to look back on anyway and i'm not really into promoting myself.
For those of you that are now following me and catching up on my posts, Take care and welcome to the board. Feel free to comment or critique. Whatever you do, don't take my posts/oppinions as any financial/stock trading advice as i'm just trying to figure it out as well :)
Thanks for stopping by.
I added the Weekend Warriors to my list. Looks like a great board and i will stop by from time to time.
Come on baby...Keep going. It bounced off the 50 day daily. Now it appears to be having resistance on the 50 day (3 min intraday)
Get through that and should see a close in the 9's
Sometimes you have to be lucky. Well....we will see
My big board day trades haven't really gone anywhere to speak of this week, but i was looking at watchlists and seen that PHOT was down 35% for the day, looked at the chart and it was @ .065 right at the 50 day moving average and didn't hesitate, bought 50k shares (wish more now) and it bounced nicely and it's at .086 (33%) for the day. the only problem is i'm out of day trades, so i need to sweat the day and hope it continues to bounce, but is always nice to be up 33% in about 30 minutes :)
Don't fizzle out yet. I just started mine because of you. I planned on doing it in January anyway, but stepped it up :)
Sometimes you just got to be lucky. I've been wanting to buy into this for the last 3 weeks. Just happened to glance at it and seen it was down 35%....looked at the chart and it was right at the 50 day moving average and instantly bought :)
What a great buying opportunity. shakeouts like this are great!!!
got my 50k @ 65. right off the 50 day...nice
Thanks for the heads-up. did he mention when they will be current again, or upcoming news of any sort?.
Not sure about them being too legit if they are run poorly though :)
AFOP. Minimal gain for swing trade. didn't gap up and had to get out right away.
I had 3 stocks picked for my swings yesterday
SCTY: huge gap
ONVO: Nice gap
Either one of those would have been at least a 1k profit swing trade, but of course the one i go with didn't do crap :)
Welcome. Although this challenge won't officially start until the first of the year. I will be posting and trading prior to that to work out some things and get my ducks in a row for the upcoming journey.
I'm in AFOP for Swing trade 450 shares @ 15.34
Almost perfect entry point. just a few cents from the bottom and hope for that perfect exit point as well :)[img][/img]
Coming from a financial background like you did, you can see that the numbers (although not great yet) have improved dramatically in the last 12 months.
You have to realize as well, that this is for the fiscal year, and the company really just got into gear in the last few months and just in the start of a new company (beverage) direction as well.
Im very positive going forward. Company went from over 5 million in the red to 500k in the red all before really getting the revenue. This next year will tell the story.
GLTA
lol. better change my orders to AON. They executed a 1 share sell trade for me. How nice of them :)
Nice. My longs are just keeping me under Day trader status. didn't help that i made a huge mistake yesteday on a daytrade. Hope my swing trade makes up for it this morning :)
NOPE One hundred great buyers will keep this PPS going in a nice steady direction...UP!!!
back up
EWSI paid off Asher and actually did get rid of him, by ummm paying him off
Likely and appear?
Can you provide some details on your DD
That's great. I'm in a very similar postion as you. Really like my job as well, but have a 3 year plan to hopefully retire instead of my 16 years left at the job.
I have learned alot this year and think by January i will be ready to start my journey. Have a few more things to iron out and get my accounts set up right.
I will be following you and maybe get some good things to look out for when i start.
Take care
if the challenge goes well, you can be on your way to having a new day job :)
I agree. I very rarely make predictions, but think we will get past that .07 wall today and then off to the races.
Pre-market buys in the OTC have always been indicators for me in the past along with everything else this company has going right now.
GLTA and go EWSI!!!
Already a great sign with pre-market buy :)
Would love to hear your sources and DD. Thanks again
Should be interesting.
I'm going to be starting the same thing 1/1 but will be 30k to 1 million and to be #1 on profit.ly for the year.
I know you don't have pattern day trader status, but don't you have a margin account?. That way you don't have to wait the 3 days and you can day trade 3 times in a 5 day rolling period.
As you post @ 10.01 :)
I'm hearing that OTC should be back up around 10 EST
I just don't know about this anymore.
I'm so losing any trust in the company.
It's well over 30 days with no news or update on the buyout news, and if the CEO is really blaming the accountant for the financials, then this company is really in trouble. They should have fixed that by now and we should be current again....geez
I broke my own rules on this stock and looks like i'm a 13 million share bag holder. good lesson learned and at least my other stocks are making up for this POS.
Sweet. where did you short it at $180 or so?...great job....lol
Just about anything can kill you nowadays. Let's all just go live in a bubble and never do anything. :)
Up over 60% in the last two weeks. I think that's kinda a run :)...geez...patience
VOIS is a PPPPPPPPOOOOOOOOSSSSSSSS
You got it right about selling. Not because it's not worthless, but becuase with it so low, why bother :)
It's been over 30 days and we need to hear about the buyout news from September. It will be hard to have faith in this company in the future without them do what they say.