Thanks Buddy. I can only give advice that I have learned. over the past 4 years that I have been trading. The first play I made in Pennyland was ATNP. I made over 20k on a run from .003 to .013 I had no idea what I was doing back then. After that gain. I pissed it all away on sub pennies over the next two years. and havent made a substantial gain since. But this year, I am up bigtime. I am starting to learn how to manage these shit pinkstocks much better.
Here are some of the rules I am learning to live by.
1. Don't buy penny stocks with an Authorized share count of over 1 billion. It's too hard to move them and most of the time you get stuck. I like an Outstanding share count of under 500million as well, but sometimes will bend on that one depending on volume.
2. Dont buy stocks under .002, why ? Everytime it ticks lower you lose a larger percent of your money than you would at .003,-.005
3. Sell 60-75 % when your up. Try to keep free shares. This is not easy but I was able to do it on the last VOIS run. I sold 600,000 shares at .007 area for 4200$ which completely covered my initial investment. and was able to hold 400,000 free shares.
4. Don't get greedy. My biggest problem. So take a good profit and don't look back.
5. Find stocks on your own. Dont jump in after everyone is screaming and the momo is high. Often times your too late. I know your short on time, but you got to find some time to just start sifting through hundreds of different tickers. Find one with some decent volume, some decent chatter, and learn to find the bottom better. But most importantly you must have a CATALYST. A CATALYST BEING SOMETHING THAT WILL SPARK A RUN. FINANCIALS, NEWS DUE OUT, ETC.. CALL THE COMPANY ASK THEM WTF IS UP. I called CLNP ceo a while back when the stock was at .0001 he told me I should buy and he wasnt dumping and I didnt believe him. Stock went to .01 about 4 months later.
6. study Chart anaylsis. Watch internet training videos. They are all over youtube. Learn every indicator you can.
7. dont go all in on one number. for example: you have 5000$ to buy VOIS. Dont put all 5000 on .005, buy some .003's, .004's, .005's, .006's over a week or two..sometimes longer even if you average up. its better that way. Alot of times I have found that buying stocks when they break resistances is a good method. but you have to make sure they have broken through first.
8. As far as trust. Dont trust anyone. Especially on IHUB
thats all I got for now... VOIS doing just fine imo.
