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Friday, 01/20/2017 9:20:53 AM

Friday, January 20, 2017 9:20:53 AM

Post# of 2804248
Here is a bit of advice about the penny market in which you choose to gamble in…when a stock is being discussed heavily, promoted, chatted about on message boards or twitter act…stay away! your already to late to the game… Only purchase stocks that no one is mentioning and learn to read chart setups…i.e.: look for stair stepping on price and volume for at least two consecutive days in a row…with the price rising no more than 20% each day…bottom bouncers are extremely risky plays…they are at the bottom for a reason…never ever buy into momentum…sell as soon as you feel comfortable with a profit, usually a 30-35% gain is a trigger to sell as most stocks (especially penny) tend to fall in price action after this percentage is reached…always remember profit is profit and never be greedy as it will surely cost you. Good luck, because it's all you have when investing in the bottom of the barrel crap.

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