Fannie Mae-No Politics (FNMA)

[FollowNoOne]

Quick Survival Guide for FNMA and FMCC

1. Set up news alerts and stock alerts through your brokerage and / or other channels (Google, Yahoo Finance, Seeking Alpha, etc).

2. Know that manipulation is going to happen. The rise and fall of this stock is out of your hands. However, you can learn to play it for the direction it is going in.

3. Some think tech analysis with this don't matter much. Other think it does. Try charting & indicators with FNMA and FMCC and see if it works. If it doesn't, move on to step 4.

4. Understand that this stock is being heavily manipulated. It's trading on the OTC (Occupied by Thieves and Con men) Markets. Expect it.

Look at FNMA and FMCC Level 2 - not too often unless you can stomach the ups and downs. You may be able to see the clear manipulation where MMs are clearing ASK levels (thinning them out) to allow an uptick or two and then weigh down that new level of ASK and lighten the BID to force the price back down. Also, it is being shorted quite a bit.

** Did you know that MMs can trade shares back and forth with each other and DON'T pay commissions on it? Yes, they can afford to manipulate Level 2 how they want to. Throw in the big money (hedge funds, etc) and you have got yourself some interesting entertainment on Level 2.

5. Filter out the noise. Stocks like FNMA and FMCC attract both bashers and pumpers. Learn to extract what you need to make your decision and view the rest as a Saturday Night Live skit....comedy. From the "to da moons" to the "run, Fannie is crashing and burning!", there is no short of pure comedy on these two boards.

6. Stay level-headed. When Fannie runs, you won't become a millionaire overnight unless you dropped a significant amount in and a few nice upticks can put you to millionaire status....if you trade it right.

7. Create goals along with a plan for their achievement. Then track your progress and adjust accordingly. Airplanes go off course but because they know where they are heading and readjust based on the feedback they are getting, they arrive at the destination.

8. Take time to polish up on your investment skills. YouTube, Investopedia.com, iHub, StockCharts.com, Yahoo Finance, Google Finance, Google News, your local library and Barnes and Noble are great resources to better your best.

9. If, like me, you are all in on FNMA and FMCC, paper trade other stocks to keep polishing up on your trading and investing skills. Go over charts of stocks you are interested in, analyze them (tech/funda) and paper trade with them. Don't just sit idle on the FNMA and FMCC boards everyday. Stay busy learning, doing, growing, Wash, Rinse, Repeat.

10. Pass on what you have learned to someone else. Even if you have not been investing / trading long, you know something someone else can use. Good luck.