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Re: XXBROOKSIEXX post# 53161

Friday, 06/27/2014 10:26:38 AM

Friday, June 27, 2014 10:26:38 AM

Post# of 57066
Thanks. Some people need to learn when to get out of a stock based on charts, technicals and overall how the trades are being distributed. Looking at "the bigger picture" is completely useless in penny stocks. They don't move based on LT value they are solely moved on day traders and emotion. That is something everyone needs to understand to be able to trade OTC stocks successfully. Get in, get out and do it again and again. Trade the fluctuations up and down. Sometimes I make more money on red days than green ones, and it's not shorting its to know when I enter and catch the bounce or swing and then get the hell out before it drops again. There are way too many people that play these and get caught in them with emotional attachment and never want to sell. Then they just become hopeful they see their money back after they've lost almost all of it.

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