Penny Stock Soldiers (OTC tradeable tickers)/Momentum Plays

[ThePennyDoctor]

A difference between a real daytrader and the gamblers on the PMCM board is knowing the value of 10%. The risk-free rate is about 3% right now - that is based on holding a government bond for 1 year. If you can get in and out of a ticker fast and make 10%, that is great. It dosen't matter if the ticker doubles in the day and you only take 10% - 10% in 15 minutes is a great return. My point being, if the PMCM upward trend this morning is strong (see BRND before its fall), consider hoping in, taking 10%, and moving on. Obviously, you will take the chance of buying at the top or buying before a small dip that forces you to sell and take a small loss. However, trading is all about probability and odds - you just want to put yourself in a position of low risk with high potential return. The trend is your friend, and if this really starts running, scalping 10% should be a high probability of success trade.