Hey bruddah- thanks for the note. yes IMO one of the most important aspects of winning is sticking with what we know and understand. I've traded big boards for a long time and as of last year switched more focus to pennies. I think mainly because I have a better feel for it and also for the BS games involved. one thing I understand well is business startups and financing, and typical motivations of entrepreneurs and CEOs (most are shady self centered personality types by nature). actually, OTC sorta reminds me of how big boards (especially AMEX/NAS) used to trade before machine trading, ETFs and algos got involved.
I've made more consistent return in a year of pennies than i had in 5 years of big boards. i still hold a number of big board stocks in a long term fashion (select banks etc), but my momo plays are purely penny. some occasional shorts on the big boards as i see the "cherry picks" come up. lol
I'd be a "babe in the woods" hitting the areas you and others here play in. I keep reading much of what you guys post - particularly on the options plays- as it helps broaden my scope of knowledge. you all are a top notch bunch here.
Want to see what I'm working on? click my profile link and go to the recent posts tab. good luck and good trading all-
