Wednesday, May 29, 2013 2:16:11 PM
That is most peoples mistake NN. There is enough volume but you just have to expect to trade in a few fills at a time.
I have had trades that were half filled for weeks and when it dipped back down it filled and I flipped them the same way.
For someone like sarshee sitting on free shares you only have to do it one time to realize your free share pile will grow and your profit pile will grow right along with it.
You just have to set aside greed. If you have 1 million shares try trading 10% you wont make much on each trade but it is a lot like a liquor store. You are selling gum and making a cent for each one. You buy a case and put 20 on the counter. It may take a month to sell but you still make your profit.
I have open buy orders and open sell orders right now. It doesnt matter which way the PPS goes I am winning. Up and I collect cash and shares and down I refresh my flipping pile. Cant ever "miss the boat". Will never be in the red.
You should try it. You will rarely hit the top and bottom but if you are not worried about tops or bottoms and only worry about what the PPS can do you and where your profit range is you will make out well.
All IMO it works for me. I do it to about 4 or 5 stocks at all times and I make a few trades a day for varying amounts.
I have had trades that were half filled for weeks and when it dipped back down it filled and I flipped them the same way.
For someone like sarshee sitting on free shares you only have to do it one time to realize your free share pile will grow and your profit pile will grow right along with it.
You just have to set aside greed. If you have 1 million shares try trading 10% you wont make much on each trade but it is a lot like a liquor store. You are selling gum and making a cent for each one. You buy a case and put 20 on the counter. It may take a month to sell but you still make your profit.
I have open buy orders and open sell orders right now. It doesnt matter which way the PPS goes I am winning. Up and I collect cash and shares and down I refresh my flipping pile. Cant ever "miss the boat". Will never be in the red.
You should try it. You will rarely hit the top and bottom but if you are not worried about tops or bottoms and only worry about what the PPS can do you and where your profit range is you will make out well.
All IMO it works for me. I do it to about 4 or 5 stocks at all times and I make a few trades a day for varying amounts.

