PLEASE READ
Welcome to all the people who are new to the board! This post is to give a idea to you as to what you can expect. This board is basically a chart pattern playing board. I usually post my buys and sells and anyone else can feel free to post your buys and sells along with charts that are interesting. Azy and myself try to give regular updates to what we are playing. I try to post an update every night and if you wish, you can link back from one post to the next going back for several months. This may be the longest thread on iHub since I reply to the reply etc. I don't know if that is true and don't know how to check but I know this one goes back to Oct or Sept or so.
The charts I try to play are usually fairly stable but play at your own risk. Feel free to ask any questions and we will try to answer as best as possible. Mostly we do big boards but we will throw in an OTC on occasion. Important to note is that we don't give a rat's ass for the story line especially on otc stocks so don't bother with DD posts on them. Trade the reaction to the story not the story as Lowtrade would say. Commission fees should not bother you if you are here. There is a sticky above with a google spreadsheet which is updated regularly with my last 20 plays. This chart gives a running average of the last twenty trades net along with the dates and entry/exit prices. I'm not trying to make a killing by holding to the top. The spreadsheet also gives a avg length of time per trade. It usually holds close to 10% per trade with each trade lasting around 7 calendar days. Do the math on what that compounded what look like after two years if you want an eye opener. I will enter and exit a play several times on the way up based on the chart. I also work and try to trade so I miss plays regularly. Big deal, what you miss will cost you nothing. Your account will look the same after you miss a play as it did before. It was important for me to show my work to prove that it could be done on a regular basis and I believe I have done this here. I play a few plays "off radar" but they are risky and not what this board is about. As the name says, we look for charts breaking out or on the verge of breaking out.
I would like for this to be a safe play type of board to counter all the hype boards on iHub. Respect posters here and good luck to all and remember to ask if you have questions.
