Trading Rules From A Penny Stock NewsLetter
Got a nice educational email from one of the newsletters I subscribed to. Lists few good rules all traders should follow (however in reality most traders end up breaking) Getting In Always use limit orders when getting into a stock- Pick an entry price and stick with it. Don’t chase stocks. There will always be [...]
Trade Ideas I Used For September 24
BEE – SHORT ON RED (STOP LOSS > 2.8) BSDM – SHORT < 3.65 (STOP LOSS > 4) CBAK – SHORT ON GREEN/RED (IDEALLY BREAK BELOW 4) (STOP LOSS BREAK ABOVE 4 AGAIN) CYTK – SHORT < 4.5 (STOP LOSS > 4.85) GBE – ALREADY DOWN ALOT (MAYBE JUST WATCHING) GKK – SHORT < 2.5 [...]
Penny Stocks Not Random After All – Charts Tell The Story
BEE – Beautiful chart. Up from 1$ to breakout at 1.60$ to 3$ to crack back to 2.20 with 14% drop today. BSDM – Huge spike from 2$ to 4.77$. Then nice selloff to 3.36$. 10% drop day. Perfect short selling chart. CBAK – Up on huge volume. Followed by 8% selloff on huge volume. [...]