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Thursday, May 22, 2014 8:19:22 PM
My philosophy on trading pennies is simple: Get in and get out. No emotion.
Too many people get emotional attached to stocks especially if they are at a loss. Trading stocks MUST be done without emotion. Everyone that trades in the market is here to make money not be "loyal" to the company they invest in. No one cares about the company other than they want to see it succeed to make the PPS rise which in turn is for them to make money. If you are green take your profit and move on to the next or continue to go in and out as the PPS fluctuates. I RARELY hold shares of an OTC stock. I normally trade them within minutes or hours, normally no longer than the day.
Once more people understand that the grey market is for fast, quick, and aggressive profits the more people will actually make money and not lose it! OTC stocks are not LT holds, if you want a LT hold, trade marginable legit companies!
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