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jseps0036

07/21/21 1:25 PM

#50899 RE: MarkTrouble #50896

Good advice. NEVER day trade OTC. Way too volatile and illiquid. OTC is a buy and hold game; it’s the only way to make some truly serious profits. Save the day trading for stocks that have clearly defined and respected supply and demand areas, which are usually mid-large caps with high daily average volume and prices above $20 per share. If that’s too expensive, you can always dabble in the options market for those same stocks, but high volume and high open interest is important to make this work, along with super strict risk management…especially on weekly expiration options.