Replies to post #2520 on Triple 000 and Sub-penny Chart Plays

[trader53]

People lose $Money because they HOLD too long >

The way to make $Money in the stock market,
is to "buy under support",
and "sell above resistance".

$The OTC is NOT the place to HOLD stocks.

These stocks are for trading ONLY !

$In, and Out, is what I shout !!!

To answer your earlier question:

> I Bot SUGO at 0.009 in early August 2011 ($450),
because it had fallen under support of 0.014.

> The stock came down to 0.004/0.005,
then it staged an "Impulse rally"
and climbed to a high of 0.026.

> I had made the $Money,
but I made the mistake of NOT selling,
and the reason I lost on this trade,
is because I held too long!

By the way, the $450 I lost was "chump change".
I eventually made $20,000 trading SUGO,
on a very successful trade.