AI
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| Posts | 12383 |
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| Alias Born | 06/27/2011 |
Wednesday, October 19, 2011 4:05:08 PM
Attn All Readers - And Reply to Vaas's message
Rule of thumb when dealing with penny Stocks - Do not Trade with unsettled funds. Wait for 3 days to get that settled and trade it. Because in penny world there is no meaning for the word "long term" holding or holding for a week. Stock will go down in few hours. So beware folks.
I will post my watch list for tommorrow as usual later tonight. have a great day folks. Nice day here at our board. Happy Trading
Some Nice Read for Today
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
Rule of thumb when dealing with penny Stocks - Do not Trade with unsettled funds. Wait for 3 days to get that settled and trade it. Because in penny world there is no meaning for the word "long term" holding or holding for a week. Stock will go down in few hours. So beware folks.
I will post my watch list for tommorrow as usual later tonight. have a great day folks. Nice day here at our board. Happy Trading
Some Nice Read for Today
Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
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