News Focus
News Focus
Followers 1277
Posts 45420
Boards Moderated 0
Alias Born 11/04/2008

Re: Kenswift post# 63455

Thursday, 02/14/2013 7:58:07 AM

Thursday, February 14, 2013 7:58:07 AM

Post# of 83010
LOL I hear ya Ken, I feel like a juggler, trying to keep so many balls in the air all the time. I sometimes think I should sell everything, be all cash, play one stock with booocooo volume like a FB and just flip it for .20 or .30 cent moves at a time, which would add up, when playing $75K at a time? Something like that, just try to make $500 a flip and try to do it couple times a day, buy a penny above a support and put a stop a penny below that support, so a very limited downside and potential of nice bounces upwards. Be nice and simple, don't need to watch a zillion stocks, plus if we had a major event happen that made mrkts go way down, be easy to be liquid during trading hrs. One last thing, don't hold overnight, so no exposure to bad company news or major happenings abroad that might make mrkts go way down overnight. Again, if a company puts out bad news during trading hrs, my stop would already be in place, so no loss, just tiny haircut, anotherwords, no risk playing like this, jmo. Something I've thought about for a long time, just need a very liquid stock to be flipping/playing.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today