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gimmeMYcash

09/29/12 11:36 PM

#3737 RE: Brick #3734

All good stuff in general. Nice list overall for the newbies who need a heads up.
For the savvy trader rules #16, #40, and #41 go against the philosophy of this boards design though, and the picks here go against those particular rules.
This board has a HIGH appetite for risk, and thrives on the volatility of a depressed "pulled down" chart. Check the I-Box. Might have second thoughts. ;) GLTA!

Sunnybank

09/30/12 12:19 AM

#3738 RE: Brick #3734

Indeed, I've learned from his inspiration too. Thank goodness I find the key learnings here very transparent and to the point.

trader53

02/23/13 4:42 AM

#10964 RE: Brick #3734

trader53

07/27/13 10:20 PM

#18427 RE: Brick #3734

trader53

08/08/13 9:16 AM

#20294 RE: Brick #3734

trader53

12/03/13 8:45 AM

#30638 RE: Brick #3734

48. There will always be a fresh round of newbies willing to part with their hard-earned money. The question is, will you help them to understand the game, or take advantage of them?

trader53

12/03/13 8:46 AM

#30639 RE: Brick #3734

46. If someone has hyped a “Mega Pick Coming in “x” number of days”, what this really means is that they have front-loaded the stock over “x” number of days, and will be selling you their shares.

trader53

12/03/13 8:48 AM

#30640 RE: Brick #3734

43. If you see a stock that has had more than one reverse split in the last couple of years, chances are, it will have another one soon.

trader53

12/03/13 8:52 AM

#30641 RE: Brick #3734

33. Don’t look for someone to tell you when, and where, to buy a stock. If you cannot determine this on your own, then you probably should stick with your day job, and let a professional financial advisor handle your assets.

trader53

12/03/13 8:53 AM

#30642 RE: Brick #3734

32. Any information you receive thru a private message, is not given to you because this person likes you. He, or she, just wants to sell you some shares.

trader53

12/03/13 8:55 AM

#30643 RE: Brick #3734

30. If someone tells you something will happen in "x" amount of time, take that time, and multiply it by 3, and add 2 days to it. One percent of the time, you’ll have a good number. Ninety-nine percent of the time, you’ll still be waiting.

trader53

12/03/13 8:57 AM

#30644 RE: Brick #3734

28. A company that enters an “xx” billion dollar industry, does not mean they will get one dime from within that industry.

trader53

12/03/13 8:59 AM

#30645 RE: Brick #3734

21. Two hundred posts on a message board overnight, does not mean a stock will go up in value. It usually means that someone has shares to sell.

trader53

12/03/13 9:00 AM

#30646 RE: Brick #3734

20. Do not buy a stock on the opening bell gap. Wait for the pullback.

trader53

12/03/13 9:02 AM

#30647 RE: Brick #3734

18. When you are ahead in a stock, take your profit. Do not wait for a homerun, because they almost never happen.

trader53

12/03/13 9:04 AM

#30648 RE: Brick #3734

14. Large spreads means it will be harder to get out with your shirt still on. Try to avoid these stocks.

trader53

12/03/13 9:06 AM

#30650 RE: Brick #3734

9. Ninety-nine percent of all press releases are created because someone has stock to sell. Thus the old adage, "Sell on the News" !

trader53

12/03/13 9:07 AM

#30651 RE: Brick #3734

8. Ninety-nine percent of all promotions are created because someone has stock to sell.

trader53

12/03/13 9:08 AM

#30652 RE: Brick #3734

7. If you do not get in a stock at your price, do not chase. There will be another one.

trader53

12/03/13 9:09 AM

#30653 RE: Brick #3734

6. When someone says “buy”, do not buy until you have completed your own DD.

trader53

12/03/13 9:10 AM

#30654 RE: Brick #3734

2. Promotions are best played before the promotions start.

trader53

12/03/13 9:11 AM

#30655 RE: Brick #3734

1. Do not believe what someone “heard”. They just want to sell you their shares.

trader53

05/23/14 10:30 PM

#46969 RE: Brick #3734

trader53

09/21/14 6:18 PM

#54830 RE: Brick #3734

Revised: Brick’s Guidelines for Trading Penny Stocks


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