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Lol like this turd IDOI is worth anything. Bet it doesn't break 003
No idea what that means. I usually just play the chart. Double bottom from here
Who is that
Wrong ticker!
BHRT
Thanks for the response! Yeah I am learning constantly, technical analysis, charting, trading philosophy etc. I definitely understand that it's better to swing for base it's rather than home runs. Consistency is paramount in trading. Still trying to figure out what works best with me, and to build my portfolio.
Is this a good investment stock? Like for $10k+
What does that even mean?
Gap up? Someone knows something. What's going on here?
It's not always about product. Chart looks really good too. Buy the rumor sell the news in my opinion!!!
BMAK is diluting with infinite shares. :-/. I still think the chart and level 2 point up. 40,000,000 on the bid today at 8s at different points. She'll consolidate here for a bit then pop IMO these 001 stocks have been doing that a lot TBEV and others.
You'd have to be a psycho to short this stock. It's coming up on technical traders radar and fundamental as well. So undervalued here.
DA, just to let you know I'm learning from everything you say, I'm going to look into bonds and I am looking into big boards with my portfolio size.
My very next step is learning options though, and using my stockcharts account to try to find channels and bottoms for swing trades....
That makes sense and it's not dangerous to hold overnight so don't have to worry about PTD rule. Question: when you say big boards do you mean anything over $5 or just blue chip like FB TSLA NFLX
That's definitely a great move but how often do they happen? I guess they'd be a lot less riskier than penny's but that's my whole portfolio in one stock...
Yep chart bottomed at 10. GLTA
$PMBS
I'll take a big sack of free shares too
Haha sounds good
What's the best way to utilize DD amanda and it's scanner? Treehouse board for it seems kind of dead.
Well options are absolutely something I always wanted to learn. I love charts, and I love charting. I definitely recognize that all penny stocks are POS, and usually that's "how" I judge a bottom play. I form a watch list and once I see it pick up I look for the usual suspects on iHub lol. I'd love to learn options as they definitely seem safer, I just don't quite understand how they work, or how to buy them. If I can make that kind of money trading options I don't see why I wouldn't just do both. I'm only 24, the way I see it is it's ok to be a little more risky with my trades. I have a good paying job, I'd just like to trade full time one day and be "that guy" who day trades and makes $100,000 a year in front of his computer. I don't really like what I do now (engineering)
??? Sorry man, just a noob looking for advice. Always wanting to learn.
What kind of "craziness" happens?
Thanks for your info. Right now, I feel like I'm finding my home in bottom feeding. Typically I find a nasty oversold penny stock and accumulate along master support once I see unusual volume. Sell for 30%, repeat over and over... It's served me well. On the other hand, momentum is very easy to play and takes almost no time other than recognizing and respecting levels. Would it be unwise to do both? Would it be unwise to master yourself around the market instead of categorizing myself into one specific type of trader?
I just can't fathom how with a $3,000 account I could match those ($300) gains in days on big boards. If I'm wrong please by all means show me the way because I'd love to know it.
Hey man do you have skype? I'd like to chat
What scanner is that?
VFIN diluting at .0022.
If you want you can just wire transfer me 1k and we'll call it even.
I'm still a noob but to me it looks like there will be a pullback, then next leg up....
TBH I know what that means, but don't know how to utilize it
I can absolutely be patient. I really want to learn the ins and outs of technical analysis. I read your last two posts and they make sense, although some of the indicators such as TRIX or StoRSI I'm not familiar with, I typically have tried to use stochastics in conjunction with parabolic sar.
I should also mention that I've been drawn to penny stocks, because of my limited portfolio size. I realize they're all trades, and that they're basically all scams that will fail but it seems that pennies also have the draw where if you have that mindset knowing they're fake you can make money with a very small portfolio size....
My favorite indicators are bollinger bands and just levels of support and resistance, I don't know why price patterns are important other than say for Fibonacci retracements. To me your chart looked crazy because of all the different numbers for RSI and it just had a lot of stuff I hadn't seen before lol... I'd def like to learn more yea.
I don't really believe in fundamental dd, just technical analysis. If you did only fundamental on pennies you'd never buy any
Maybe I should have said "was" the king of pennies.... I'm trying to learn
You learned from MoneyMade? I heard he's the king....
Wtf are all those outrageous indicators
Stock in a downtrend, it's done from here
Lol please. All the usual suspects I see
Yea man check out that master support only up from here
Because PPS basically didn't budge on volume and news that makes it a pos. This thing is obviously front loaded by an ass of traders flipping it lol.
That sentence made no sense
Lol, agreed. Who trades for that kind of money?
$MDIN
Only been trading a year just don't quite get it. I'm more of a numbers guy I'm an engineer so the chart attracts more more than the press release.
Is this company going to be at pot stock radio?
$LGBS