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lowtrade

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lowtrade

Re: SILVERISTHENEWGOLD post# 42808

Thursday, 08/07/2014 1:43:38 PM

Thursday, August 07, 2014 1:43:38 PM

Post# of 47295
ENIP

Average volume of 203k and average price the last month .02, equals daily trading around $4,000. Can't trade and make money.

This is the old problem with low float/low volume stock trading. One jumps in on high volume price increase days. Close to the old average volume in size. Then when the emotion cools, volume falls to average and you can't sell what you bought. No liquidity

Rule of thumb for position size; is not more then 10% of the average daily volume. Shouldn't own more then 20k @ .025 that's $500.

Welcome to my mind!


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