that is exactly what I am waiting for. .01 - .015 and I will scoop up 300K shares in a second!

The last of my DD for the day on extremepix, I need to spend time with the familia.

Extremepix also Alerted:

CBIS which went from their alert at .09 to .25

SIDE NOTE!
(I was already in this since December at an entry PPS of .01 and a sell price of .17. Too bad I was only playing with $500. This was my very first trade EVER, I BANKED! I wish to god I had know what a GEM i was sitting on. I though $500 was a lot at the time.

GTA (Breakout Alert)Not sure what time they pushed this alert?

FEB 14
Open PPS: .41 Higest PPS: $2.00 Close: $1.54
Higest PPS:$2.00
Current PPS: .98

EKNL
Mentioned FEB 14
Open PPS: .28 Higest PPS: .29 Close: .29
Higest PPS:.35 FEB 16 & APR 16th
Current PPS:.060

DROP
Realerted FEB 5 (Wasted Effort)
OPEN FEB 6 .43, Best price it received was .45 on 5 APR.


LBSR
Was trading at $0.0044 on their initial alert in May 2010
Went up to .20 SEP 1
Re Alerted FEB 1 2012 (WASTED EFFORT)
Open PPS: .03 Higest PPS: .04 Close: .03
Higest PPS:.04
Current PPS:.0185

LFVN
Alerted/Mentioned:April 24
Open PPS: $3.04 Higest PPS: $3.17 Close: $3.44
Higest PPS: $3.74 26 APR, 14 May $3.75
Current PPS: $2.94

GBHL (Changed to GBHLE)
Alerted: 13 APR
Open PPS: .05 Higest PPS:.31 Close .10
Higest PPS: .12 (pretty much tapered off after day 1)
Current PPS:.024

CCWF: (BUST)
Alerted: 30 MAR
Open PPS: .03 Higest PPS: .04 Close:.02
Higest PPS: .04
Current PPS:.005

BRYN
Alerted:13 MAR
Open PPS: .04 Higest PPS: .07 Close: .07
Higest PPS:16& 19 MAR .10
Current PPS:.037

NEOM (Momentum Alert)13 MAR
Open PPS: .01 Higest PPS: .01 Close: .01
Higest PPS: 16&19 Mar .06
Current PPS:.0102

SNPK
Alerted: MARCH 10
Open MAR 12 PPS:.68 Higest PPS:.72 Close .70
Higest PPS:!7 APR $2.28
Current PPS:.0579

I agree with you Chubsy,

Before I play them i am doing some DD. I am going back on every alert and seeing how they performed. So far I am seeing one that would have given you some okay gains but for the most part it was a bust.

I am back into APR now. I will post some more of their stats for those to see. Basically to answer your exact question. I will post every play without BIAS so that others can make an informed decision.

Not promoting them at all, and will leave that to you more experienced traders. I am by no means a mod and if you guys dont want me to post anymore stats please pm me and let me know.

I will let him post the charts, doing some DD.

CMGO
Alert May 15
Open PPS: .006
Highest PPS: .02 21 MAY; .02 13 JUN; .04 18 JUN
Current PPS: .03

USEI
Alerted May 31 9:40am
Open PPS: .006 Close.01
Highest PPS: .05 on JUNE 5; .04 on JUNE 8 and 14.
Current PPS: .02

ORYN
First mentioned May 9
Open PPS: $1.00, high $1.21
Highest PPS: $1.33 May 14
Has tapered off since there.
Current PPS: .71

CCAJ
Alerted May 3rd
Open PPS: .003 High for the day .005
Highest PPS: .0079 4 May; .01 7 May; .008 8 and 11 May
has tapered off since
Current PPS: .0045

LUXR
Alerted May 3rd
Open PPS: $1.42 high $1.57
Highest PPS: $1.78 4 May; $2.16 7 May; $2.32 8 May; $1.97 9 May; $$2.08 10 May.
Current PPS: .77

Just opened up a TD paper account to practice with. Lets see how well I do with my small amount of new knowledge. Watching videos to better understand resistance and support levels.

extremepix tweet:

xtremepicks ?@xtremepicks_com
$AERS looking for a stock that is starting to be profiled we have at least 2 more weeks on it and a $0.10 target http://www.xtremepicks.com/archives/5323


Looks like they may be moving on soon.

Who is promoting them?

Will do! I want to be in the best position possible to make educated guesses instead of pure gut and shot in the dark guesses.

What is this Ibox you speak of

Check,

By no means do I think I have this, but its great to be able to focus on certain areas. What do you mean by you draw your support and resistance lines. Are those the MA lines?

I just created 2 example from when I was in this other stock. Again it target perfectly those lines. I dont know what the support and resistance levels were at those times though.

NOPE!

I just created a chart for AGRT and was blown away just now! Man this is one hell of a tool to use. A MUST FOR ME from now on. It will at least give me targets to focus on.



Looking at this chart with those lines. On the 19th it told you where you would have wanted to put your sell order at and on the 20th where you could have put it as well due to it breaking that line on the 19th. It hit that line perfectly and then retracted. Knowing this in advance, i would have put a sell order in at .40 and would have made out like a bandit!

WOW, thanks for that deep insight!

Because I had no idea what you meant by Fibonacci graphs, I youtubed it.

Since its the weekend and topics generally get light.
I have one that I am sure the newer traders wouldn't mind reading.

(BACKGROUND)

Very recently GREED TOOK OVER. I was up 50% at the start of AGRT and should have walked saying hey that was a good trade. Instead I ended up loosing that gain and lost an additional 40% more. That lesson woke me up so to speak. Now I am trying to formulate a good trade plan for my future trades. What I have learned so far is.

1. I am trading too much!
2. I am not picking good entry prices.
3. I am not picking good exit prices.
3. I don't have a clear exit plan.
4. I am not waiting for a good trade.

To help me with this, I decided that I would paper trade several other stocks to better dial in my trading practices.

I realize the board mantra is 50% or less. There are quite a lot of experienced traders on this board to gain experience from. For us newer traders, I feel part of the problems we have, (at least when it come to me for sure), is that we dont know how effectively plan trades.

This in part is due to not knowing where to place entry and exit prices based on either pps or %. What would be nice to know and am sure other new traders wouldn't mind hearing is a little food for thought on this subject. If you don't mind sharing your strategies I have a question for the experienced traders to help us inexperienced traders to formulate better strategies for our trading.

1. What would you consider a good trade? (Obviously anything green is good but please be more specific)

2. As a trader with limited funds in what % gain would you think to focus your exit?

3. When deciding to exit, some use trailing target %, what would you consider a decent % to trail back at pps that when it dips to that level it triggers you to place a sell order?


I appreciate anyone that takes the time to answer these questions, I am trying to understand different thought processes on these topics. If you would like to elaborate please do. If there are other aspects that us newer traders should focus on to make us better traders please share.

I have one thats for dang sure! Get out! I got in a .24, and I would like to get out even if possible. Will it get there with the resistance at .25? My hopes are yes but probably not! At this point i dont even care about a profit, just an exit!

Ready for the next play.

Great video for us newbs! Thanks Trader.

I guess best case put it them on my watch list, if I see movement and they are low throw a hundred or so, even if it's only a 2-300 % gainer that's not bad at my level without the risk of loosing tons. I won't enter without seeing a breakout first.

Great insight, reminds me of orbit, they throw several emails my way with this pick or that, I am going to watch their next few and see how they do. I appreciate the info.

If there ever was a stock to be a bag holder of, that sure is it!

I couldn't tell how long each promo was for going to keep looking, they archive all their lit on each play it seems

I saw that, not sure, I am going to put it on my watch list thats for sure.

That DROP play. Alert Price: $0.0015, High Price: $1.25? 83,000% thats crazy. Can that really be true? If you had invested $500 at the open and played it perfect you would have made 41.5 million? Sounds too good to be believable?

Aloha,

Not in it myself. I watched it closely and paper traded. I would be up had I got in right when I wanted to place the order. It sat at .018 for some time. I was surprised it held tight for so long.

I did some research on this company and they seem to have some fairly strong plays. I dont know if I would load the boat but the plays start so low, $500 would turn into some decent profit for a single trade.

I was speaking with someone who knows more about them. He sent me some stats on a couple plays. Not sure when these plays were but here are some stats.

USEI was alered 31 May at .005 and ran to .054 on 6 June 1080% gain

CMGO was alerted 15 May at .006, reached a high of .038 on 18 June 633% gain

DROP took about a year, but it was alerted at .005 and reached a high of 1.24 83,000% gain

I saw they promoted CBIS, I bought into that, not even knowing about pennies then. Bought to hold long term. Them and MJNA. I didn't even realize I was in a play at the time. I got in at .03, sold at .10, it ran all the way to .25. Not sure when they alerted it but it spiked in about a month.

Their current one, AERS, was alerted yesterday at .005, reached a HOD of .0278 and closed at .0234.

I am going to do some more research on their plays but if I do jump in, its going to be small. Especially since I am new to this.

Never mind folks, back home conducted some DD was able to look VERT up, now I know who my broker goes through. Funny that their home offices are in the same town.

Does anyone know what company VERT IS? Are they a broke that handles multiple companies or are they just one company?

Damn phone cut off what I was typing, momo that will end up going nowhere or south at best, as long as they don't mention short squeeze again!!! Every time that word shows up we fall like a sharp knife.

Yeah like that short squeeze that never happened, starting to think this CC is more momo

Interest has dropped off

Amen!! Guilty as charged! I need to stick to the first day or two and get out, wait for the next run. They didn't build the wall in a day, I can't expect to build a vault of money in one either.

Not a person that shorts or is even in the financial position to short. This looks primed for that opportunity. This looks to be nearing the top. Great day for those that got in early. Watching from the sidelines for a good entry pps. GLTA

I appreciate it

Where could one go to get info on this sort of stuff, I remember my prof talking about stuff like this. Are there chart analyzing books that you would recommend?

Green light, its useless to try and explain. The people that say these sorts of things play the company.

When it comes to PROMOs we play the ticker and could care less about the company. my position is that as long as the promoter is putting out good MOMO with a great entry pps and helps push the pps north so that I can get in and out quickly, I am happy.

I am by no means an expert but it seems for me anyway that after day 1, everything is a risk for those that dont know what their doing. Get in early get out before the pullback.

Shoots with that other ticker up almost 700% and the pps still low they may drift there

Wish I had know about his my play right now on another ticker is pissing me off

Who actually got in at less than .003? The price rose so fast I can bet it was hard to get anything filled before that.

Using .25 as the support level, how far +/- that level would I look to consider high MM bid support? .02-.03 or would it be tighter than that?

I appreciate the info guys, I had it completely backwards.

So if we were to flirt around a support level its best to make sure you watch that level, if it looks like its going to fall below its time to pop smoke!?

I appreciate the kind sentiments.

I just read this comment and I dont understand the principle? Can someone explain this for me? It seems like another tool that could be used to target an exit PPS on the fly.

"When a stock thats up 150% breaks intraday support, its going to tank hard, short it"

What makes this possible? Wouldnt breaking the support level trigger a push to higher highs?