is...buyin the dip
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I actually got in MSLP back in november.. bought at .0179, and .0189 before i rode it subpenny.. then i bought in a lot along the way down and my lowest buy was .008 so it pulled my avg down to 750k@.0111 .....
I actually had my etrade account for a while.. just never used it.. soo i dont have any special deals that apply to me..
but now i have everything etrade.. its pretty nice.. no ATM fees anywhere, and if a bank charges you then they refund you! and quick transactions between accounts with no transfers fees! :)
holy rusted metal look at that volume!
Pardon the noob question, but lines up for what?
well judging by the buzz since last week, and the info I got from Neuronal on that board i started looking at it..
Also, i took a risk playing the MACD, i noticed in the past the MACD moves violently towards the centerline, and i saw a slight shift in that direction when i looked into it over the weekend and how it separated from the other.. and that there was a lot of consolidation occurring, and i noticed the "dragon fly doji" and "gravestone doji" both could represent either or bullish or bearish, and either way needed confirmation.. so i turned to volume.. and at that point volume was increasing reaching its highest point within the last month.. so then i looked at the MACD, and saw the lines shadowing each other starting to separate and the last time all 3 of these happened together it shot violently upward.. so i took the risk and jumped in.. some would say wait for bullish confirmation meaning to wait till it closed today.. but then i wouldnt be up 120% intraday, and 72% by close :)
if i'm wrong in the way i am reading this chart please by all means let me know.. i am always open to learn..
Also we've all heard the saying,"those who do NOT know history, are doomed to repeat it" applied to stocks, you are doomed to watch it happen again without jumping in and making some money! :) i mean its penny stocks.. everything about it screams risk!
yeah you are right it am pretty glad i held on.. i know in the long run this thing is going much higher.. where exactly.... ahhhh F it!!!! who knowss!!!!! all i know is, its going to be much higher than when i bought it thats for sure! even if some extremely bad whatever happened i could still sell all at market and make money riding it down lol (worst case scenario obviously lol)
the main reason i want the charts is because you identify patterns, and you can identify when patterns are forming.. yes PR's, momentum, or whatever else are all unknown variables and these things are so volatile.. but look at the patterns.. even if you hear about a good PR and chart it.. and the price is climbing.. you can still judge from a quick glance at a pattern against its past what it will more than likely doo.. hopefully :)
Also, I will never put all of my eggs in one basket.. i currently hold 3, 1 long, and 2 medium.. and i am looking to hold a lot more... and still have funds on the side to jump in something else..
I never knew how much I would actually get into stocks, but the more I learn, better I feel about it.. the more i read, and practice.. the easier it comes... and to be honest.. i actually like it.. as i stated earlier in another post.. EMBRACE YOUR ADHD!
a good tool i did to help me, extremely quickly i might add, was whenever Clay Trader, most followed member on here, would put a link to a chart explanation on youtube, i would go chart that stock first myself, and recognize support, resistance, and entry or sell points, then i would watch his youtube video and kinda grade myself.. ... with every chart he puts up the better i become :)
I found .PDF copy of the book "Trading for a living" for free online here yall go...
[url]
http://freepages.computers.rootsweb.ancestry.com/~starter/!EXCELLENT%20BOOK%20Elder_,_Alexander_-_Trading_for_a_Living.PDF[url]
whenever your browser is open just click file on your browser while that page is open and go save or save as.. and badabing badaboom!
!hasta manana!
found it for free... :) internet is an amazing place!
Suhweet!!! And if it challenges the brain I'm all for it...
Sometimes I feel like the character in limitless... If I'm not moving forward then I just feel wrong! lol
I'll get it before I leave for work. Thanks bro
Awesome i'll look for it on amazon maybe it's out as an ebook!
Oh I am definitely waiting for the entry point and bullish confirmation..
The other one we are in is going to pay for my new trading office setup in my house upstairs in the loft lol :)
also check out www.stockcharts.com extremely informative..
also if you go to youtube and subscribe to bullwarriorstocks they post videos and explanations of charts.. kinda helps you follow along..
also there is a member on iHub.. most followed member.. Clay Trader.. he has a chart reading educational dvd for sale @$150, called Robotic Trading .. I already ordered it and should be putting up a review of it by the end of next week provided it comes in before I leave for work this friday night..
also i believe Neuronal recommended "Candlesticks for dummies"
I actually enjoy having 3-5 stock L2's up on my ETrade Pro, then Scanning charts on another tab, then running through all of their iHub boards.. i guess you could say I am embracing my ADHD...
having so much going on reminds me of work, except if I mess up here its just money :)
yeah theres awholenother set of stuff to the right as well :)
EMBRACE YOUR ADHD! hahahahahahaha
$1.. really?! ima hold for that.. hahahahaha
Thats awesome i'm glad to see you got your money.. hopefully you made a little profit on it! I just had to give ya a little crap!
alright i'ma start reading this tonight.. it has quite a few links soo that means even more information! thank you very much for the link!
Everything is good, I jumped in yesterday, @ .0026 :) I saw it in the charts and decided to act on it.. its paying off! i'm glad to see you are on board there! I'll see you there.
I've decided to hold my 750k here in MSLP for the long.. I know its the right decision.. I even started putting stickies around the house reminding me of the deal i made with my self that i already counted that money gone and its buck or bust!
Just going to sit back and enjoy this ride with everyone else!
good thing its not our DeLuca... that news has as much impact on MP as it would on ANY other supplement being sold from that site..
I would have thought you took your money when we hit .03 like you said you were...
yeah i saw that the other day.. its just an old statement.. check it against Edgar Online
that is in fact the most recent, but it is not the one we are all waiting on
we are waiting on qtr4-11, 2011 year end, and qtr1-12 prelim
i too am using etrade pro and loving it!
i'm locked, cocked, and ready to rock!
available where?
no problem bud
yeah you and me both!!!!!! hahahahahahaha
when is the last time you dropped a brick and it stopped in mid air? :)
Hahahahahaha yeah i'm on the 3 rocket ships you are on .. only the one has started its launch sequence! lets see if it can reach space and sustain orbit! lol ... but on the brighter side.. all of these look good coming end of may!
who is this "we" you speak of?
I am definitely going to hold a long a position.. i picked up quite a bit @ .0026 :)
hahahaha 800k shares?! no problem!! i'm on it.. now wheres.. a .0001 thats not doing anything :) I hope you are right then!
LBGE is not seeing any love from the market today! volume is lllooowwwwww!!!! :) good luck everyone!
hahahahaha roger that... but only if you throw in the golden gate for frreeeee!! I actually have done a little digging thanks to some info that Neuronal threw my way.. that guy is good! lol and i was looking at the charts on this one as well..
I mainly like to question people when they put PPS numbers, or projections.. because I want to understand why they think it should be there.. I like to understand the why behind things, i love to explore the "what ifs" ... I am currently in 3 pennies.. that primed to explode.. and i just feel like i can never ask enough questions.. !
I'm looking forward to that Oasis!
I'm curious how you know this.... If you have a crystal ball I will gladly forfeit my position to you for that crystal ball... :)
the basic standpoint is, a lot of people in here have multiple pennies all with late filing.. I wouldn't worry too much..
but be ready this PR campaign(as that is what I am calling it) should wrap up into some financials IMO and then we should get some more volume coming in....
the trading is sitting at a point of indecision......virtually not moving even with yesterdays PR, showing the writing on the wall for going for FDA approval.... because if you ask me everyone is waiting on financials to be released.
wow.... I remember you saying that a few weeks ago somewhere else :)
Alright I'll take your word for it.. Sounds good.. I'm glad to be here!
based off of what?
just a little resistance @.006 from december.. no worries.. blew this 1.5 months ago with a fraction of the volume.. when the MACD hit the line before is when this bad boy took off.. it hasnt crossed yet.. but almost.. if we dont close at a penny i bet we'll gap up close tomorrow!
yeah no problem.. yeah this is day 1 volume.. if its going to be proportionate to before.. this thing might break the .02 resistance as well
yeah its $99/month. but as of right now it has helped me play another penny so well that its almost paid for itself for the year lol ... and i have only been in this other penny a little over 24 hours lol
also if this is in fact usually a three day run then lemme point out this day 1 is much bigger than a 1.5 months ago.. much bigger!
absolutely.. also when it resisted .006 the macd was pretty far from zero.. and as of right now its fixing to cross.. just.. like.... a .... couple... months..agoo... :)
yeah its pro.. i'm liking it a lot