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Re: BigMoneyChalupa post# 68694

Friday, 04/12/2024 10:51:33 AM

Friday, April 12, 2024 10:51:33 AM

Post# of 69352
Nice volume today - 250,000 shares traded at 10:39am.

You do understand that smart investors would have cut their losses after about 8 to 10% - it is crazy on the OTC to keep holding and losing money.

"The funny thing about losing money in the stock market is that on paper, it means nothing. When you hit the buy or sell button, that's when it counts."

Obviously, you don't understand the concept of money management when trading OTC stocks.

The OTC is for trading not investing.

The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.

IG

The First Casualty of Emotion is Reason.