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Man it's so quite right now. Glad all those people we did not invite to the party left so we can get back to our regularly scheduled program.
Setting a GTC order is a NO NO. Here is why.
If you set a high enough good until cancelled order. The MM's can borrow your shares to short your "long term" stock .
It's kinda of like giving the knife to the guy that you know is going to slice your throat.
There is some country song that goes
Up Down. Up Down. Up Down.
It only last about 3.5 minutes then everything is up again.
People. Do not set a stop loss or a good until cancelled order. The otc market instantaneous. The MM's will find a way take take your chit for real real, not for play play.
GTC Orders set high enough give them the power to drop the pps using your shares as ammo by borrowing your shares to sell to someone else at a lower price. YOU WIL MEBER KNOW THEY BORROWED YO CHIT IN THE FIRST PLACE. Know what you own. And protect yo chit CHIT.
The ATARI froze again. Just pull the reset lever. Here we go!
Chit you are going to see right after today's trading session is over.
You will see at least one trade for a larger block of shares , for less than the closing price of the day. This is called a T trade. we will see at least one T trade after the trading session is over. A T trade is just the MM's balancing there books for trades that were not posted on the tape during the trading day. Hopefully this will unclog the board of what questions about the lower after hours trades.
Please don't be the first person to say "hey what was that large lower price trade after hours. Oh the sky is falling the sky is falling.
You could get smack with 2 Dilly Dilly's in a "Z" Formation
.https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
I wonder how many pairs is shoes that will buy
Sorry couldn't help myself. I think my wife buys shoes in a daily basis.
Good job hubby otcnewb
Fyi for those who don't already know.
DO NOT SET STOP LOSSES. Here is why.
"Otcbb is an instantaneous market. You CAN NOT PUT A STOP LOSS ORDER IN. THEY WILL COME TAKE YO CHIT. that also means anyone can look at how much they have to sell at market price to drop it so many points. To come and take yo chit. At which time some one else comes in a scoops up yo chit. Plz don't play their game." Keep you chit.
EVERYTIME I look at that chart bullish and think r to myself. Take a look at those Six or seven big green towers of volume before the stock ever moved and have wondered to my self. Self who bought all those shares before anyone knew Mr. Greens name. Let alone anybody else on Team Green UTOP
Four Words.
Cold Beer. Go ANDI
Re: Stewy_33
Take a deep breath. Now let it out. Again.
Now run around the front yard screaming like a wild banshee for five minutes.
You will be fine.
What did I miss. Have been able to be here as I was actually doing some work for the first time in a month.
I can't believe there are any shares available. Even a blind man could see where this one is going.
No offense GmanCaddy
It is a very orderly march today.
Take a deep breath. Now let it out. Again.
Now run around the front yard screaming like a wild banshee for five minutes.
You will be fine.
Let's. PLAY BALL!
GO ANDI!!!!!
Please Stand. For the Pledge of Allegiance.
"I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all.”
In 5 minutes we will open the trading day with the Pledge of Allegiance. Please Stand as you are able. Afterwards anyone wishing, please offer up some words of wisdom/encouragement for the day.
Thank You. Go ANDI
I hope for GCaddy's sake he does not. It will get real ugly for him. Maybe he could go short PT@p. That would probably be a better Play.
Yes. Upwards these days. Go ANDI
DO NOT SET STOP LOSSES. Here is why.
"Otcbb is an instantaneous market. You CAN NOT PUT A STOP LOSS ORDER IN. THEY WILL COME TAKE YO CHIT. that also means anyone can look at how much they have to sell at market price to drop it so many points. To come and take yo chit. At which time some one else comes in a scoops up yo chit. Plz don't play their game." Keep you chit.
Someone has alittle better access to the market than the common man.
Setting a GTC order is a NO NO. Here is why.
If you set a high enough good until cancelled order. The MM's can borrow your shares to short your "long term" stock .
It's kinda of like giving the knife to the guy that you know is going to slice your throat.
I will. I have saved a few common responses to stop the 45 minute banters of what a t trade is. Or other common thing we have seen over the last few weeks. Yada yada yada.
Go ANDI
Chit you are going to see right after today's trading session is over.
You will see at least one trade for a larger block of shares , for less than the closing price of the day. This is called a T trade. we will see at least one T trade after the trading session is over. A T trade is just the MM's balancing there books for trades that were not posted on the tape during the trading day. Hopefully this will unclog the board of what questions about the lower after hours trade.
Please don't be the first person to say "hey what was that large lower price trade after hours. Oh the sky is falling the sky is falling.
Chit you are going to see right after today's trading session is over.
You will see at least one trade for a larger block of shares , for less than the closing price of the day. This is called a T trade. we will see at least one T trade after the trading session is over. A T trade is just the MM's balancing there books for trades that were not posted on the tape during the trading day. Hopefully this will unclog the board of what questions about the lower after hours trade.
Please don't be the first person to say "hey what was that large lower price trade after hours. Oh the sky is falling the sky is falling.
Chit you are going are going to see today.
First one being. Yes we will probably see a couple trades pre market like we saw today. Not sure how, but it seems to have been done and probably been done again tomorrow.
The wife has seen me on my phone alittle more this past month. EVERYTIME she walks past I am on Facebook not iHub. She doesn't have a clue. And it's going to stay that way.
GM ANDI NATION
If you set a high good until cancelled order. The MM's can borrow your shares to short your "long term" stock . It's kinda of like giving the knife to the guy that you know is going to slice your throat.
That wasn't a sell. It was what they call a t - trade. It's the mm's balancing the book at the end of the day
I really like the pennies. Some call it gambling and I agree with that. On the other hand it's an exercise I risk management. And the one who gets closest to the HOY wins.
Amac. Enough is enough when you are in deep enough for it to matter. But not so much that if it all went to chit, it would not alter your current day to day lifestyle. IMO
Full disclosure. I want more too but I am out of my trading cash.
If you are going to trade the pink sheets you need E*TRADE
They would let you trade Skittles if they could get the M&M's to go along with it.
Doc. I am totally grounded now. Had to run around the house a couple times screaming like a banshee. Not really, just painting s picture. lol
Go ANDI
I will be posting some does and donts for tomorrow's trading session. First one being. Yes we will probably see a couple trades pre market like we saw today. Not sure how, but it seems to have been done and probably been done again tomorrow. I will post that after the session we will see at least one T trade after the trading session is over. Hopefully this will unclog the board of what a T trade is and to expect to see it.
Just struck an item off my bucket list.
What a day
Look at the chart. Normally you see each candle as one day of trading. What I have done is broken the chart into 30 minute time slices. Each candle telling the quote unnquote story of the stock....... blah blah blah
Take a look at the 5 minute frequency candle stick chart for today. There has been at least full steps for the day. Building higher highs and high lows.
Some would call this a price correction from a chart standpoint
at this point you still have folks not traders that bought way too early for there own good. And just see the next few weeks ahead, not the big picture.
You can't fix stupid. But it can be entertaining.
E*TRADE just called and asked if I would like concierge service.