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Wednesday, June 19, 2019 12:09:09 PM
Don’t get me wrong, Day Trading is not a given way to make money. You don’t jump into anything with both feet not knowing how to land or what’s in the water.
I’m saying Day Trading is the right approach for NNRX at this time, I don’t see any big swings in this stock looking forward till some real positive news comes out and they get Current again with OTC. What I do see is a decent daily volume where you can buy and sell in, which is one of the main needs in day trading and also what appears to be daily up and down moves of 20%.
No one wins all the time in day trading but, with some practice you can average on the + side of the trades. And again I must say this is a sub penny stock and investing in any sub penny stock is taking a big risk; there is a reason its sub penny. You can make money in sub penny stocks and you can also just be sitting on your money waiting for a move when you could be putting it to a better use.
That being said, I have a fix position in NNRX but I am also am Day Trading it as well as other stocks with decent volume. And, again I must stress that the money you use for Day Trading should be money you can live with out, NOT your saving account or your rainy day money.
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