Trading 101

[strongtower]

I have learned this in trading penny stocks. I lost thousand's of dollars learning this the hard way but am now prosperous.

1. Don't hold a penny stock hoping it will do something, it probaly won't. Unless you are 100% it is a frontload stock like BKMP is right now awaiting huge news.

2. It is not a loss until you sell. (quote from Dragonfly)

3. Dividend's end up being worthless but watch to see if the stock will run and play it for the run.

4. Watch holding MOMO stocks at the end of day on Fri. because flippers like to keep their money liquid for Mon.

5. Reverse Mergers and MOMO plays are the best and safest way to make money in the penny market.IMHO Penny stocks have a very low chance of making something out of it's self.

6. Don't let pumper's make you hold a stock hoping it will do something because it probaly won't.

7. Don't let a basher make you sell a stock knowing it will do something because they want in at a cheap price only. Do DD on this one to know if it is a good stock.

8. Always do your own DD.