jk21, Remember K.I.S.S.
Agreed, EBHI's plan when it comes together should crush resistance in the low .60's and then find itself at least at the .80 resistance level & perhaps $1.00 plus land.
I survived the Crash of 2008 but my foolish mistakes in pinkyland, pennyland, believing lying CEO's, MM manipulation, etc. nearly caused me to throw in the towel due to alot of emotional & financial pain & disappointments it caused me.
Your plan of buying 5K-15K shares of stocks $.50-$5.00 is similar to Chartinator & WU students...Chart is an honest & hard working savvy player imo...no hidden agenda.
Take care my friend...I'm posting your plan for myself & others who may benefit from your stategy. GLTY jk21
CS
Here's the plan: Buy 5K to 15K shares of stocks that are over .50 and below 5.00 AND that can move anywhere from a dime to about 3.5 cents. The goal is to make only $500 dollars per trade. one thing i've realized over time is that you can't just put in a huge dollar amount and be able to get trades executed for any share/dollar amount i want when i want it. So i go with this low number which will be nearly guaranteed to get executed. in and out, simple. book gains. no trade should last more than a week. absolutely no need.
How many times per week would i need to do this? at least twice, which also seems pretty easy. One reason the number of times per week is so low is that I'll need to let the money settle on the trades before i just keep using it and recycling it. So, this is going to give me rent/mortgage money, plus leisure time. i won't be tied to a screen reading the latest ceo rumors or checking with Ta's to see if the o/s has gone up this week. Sounds like a good, simple plan. Remember K.I.S.S..
AI
