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Trade Ideas I Used For September 24

Posted by Stock Online Trader on September 24, 2009 in Watchlist

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 [...]

 
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Penny Stocks Not Random After All – Charts Tell The Story

Posted by Stock Online Trader on September 24, 2009 in Stock Review, Technical Analysis

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. [...]

 
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Watching Too Many Stocks Does No Good

Posted by Stock Online Trader on September 23, 2009 in Educational

Does your chance of making winning trades increases by watching more stocks ? After years of trading I have realized that watching too many stocks actually hurts your chances of making a good trade. This is because you cannot devote enough time or research to the stocks you plan to trade. By breaking the huge [...]

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