EZ Traders Forum

[lakers17]

Yeah, I trade like you do. There's a whole crew that show up on every board when a stock is hot with all their followers and they are gone just as fast. That's their game plan. Make money off the back of others. But sadly there is always a whole group overpaying on their spam and left holding the bag. I have learned over the years to take profits especially when several of these show up on a board. Looks like ABQQ is in play now. Luckily I average .00063 and it's getting close at .0018 to me taking some profits.

Then you have the whole group of chart guys. Most are full of crap. LOL I still say charts in the OTC predict nothing but only show what has happened. Any PR, Tweet or filing always blows any chart out of the water in the volatile OTC. The OTC still is the riskiest of the riskiest but a bigger chance at bigger rewards. The big winners cover the losers we all have. You do it right always taking some profits. I guess after 30+ years I do as well and learned some painful lessons along the way, Now I just buy a lot of them, spread my money around and always take some profit. And I have been trading the OTC in Roth IRAs for years, so no taxes on gains and full access to my money under the current Roth rules. For 50 and over in 2024 you can send $8,000 into your Roth IRA. I still say the OTC is 20% skill and 80% luck. Just like early 2021. Right time, right place in the OTC.