InvestorsHub Logo
Replies to #41361 on lowtrade
icon url

Quanchi

03/19/14 6:29 PM

#41362 RE: trader guy #41361

Thank you trader guy I appreciate the information trying to learn these dark moves before they develop....:)
icon url

lowtrade

03/19/14 6:54 PM

#41363 RE: trader guy #41361

First time I've ever heard of Asher or any VC happy with a debit conversion discount. Humm ? But I don't daytrade the OTC enough to know what's going on now days. But finding a VC that's happy with a 45% gain from a 10 day VWAP discount seems counter intuitive to me, when most dark runs are 5 to 10X.

By the way I teach to bid whack when exiting a fast moving OTC day trade. When one makes the decision to take profits and exit. I say exit, don't get passed by trying to squeeze out every last cent of gain. This has served me very well over the years. And I recommend it to all day trading hot day trade stock plays. Buy above ask, sell below bid, be first closed, in and out. And be happy with what you get. Don't get caught in the trading queue waiting to close your order. You often get passed by and need to update jumping in and out of line.