Saturday, August 21, 2010 8:02:12 PM
I can understand that the No. 1 goal is TO MAKE MONEY - why not play a security that has more volatility, and is better suited for momentum trading? Please don't tell me that BEDA, and others like it are the best choice.
Does it really make sense to purchase millions of shares on a given day to play a .0001 spread, and it's being proven over and over again that short term trading also is a waste of time with most pinksheet securities.
I strongly suggest that short term and momentum traders look at Nasdaq Penny Stocks - find those with high BETA RATIOS, as these are where you can make money on the quick swings!
Does it really make sense to purchase millions of shares on a given day to play a .0001 spread, and it's being proven over and over again that short term trading also is a waste of time with most pinksheet securities.
I strongly suggest that short term and momentum traders look at Nasdaq Penny Stocks - find those with high BETA RATIOS, as these are where you can make money on the quick swings!
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