posted
While you guys were busy pumping the same old crap I doubled my donkeys and then some on this little sleeper. In at .008 and out at .02, yep, yep, yep. Showed up early on several volume filters. Made two months pay on this single trade! Glad I called in sick today...LOL
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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quote:Originally posted by beechwood: While you guys were busy pumping the same old crap I doubled my donkeys and then some on this little sleeper. In at .008 and out at .02, yep, yep, yep. Showed up early on several volume filters. Made two months pay on this single trade! Glad I called in sick today...LOL
I think the idea here is to alert the other posters before the run, not to come and boast about your lotto pick that hit. thanks
-------------------- Let's Go METS!!! Posts: 3317 | From: CT | Registered: Dec 2006
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posted
No lotto pick. I had multiple volume filters spit this one out, screened level II's for MM BS, then jumped in on her way up. And a nice ride it was. I don't have time to post alerts for everyone else in here when things start hopping. To busy watching my screens. The last place I'd be is a message board when my hands are full trading shares. I posted later after my trade while the iron was still warm. Best I can do for 'ya all.
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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posted
Thats why I use a lot of volume filters when playing the pennys dude. A half dozen of them in all. When trading on the OTCBB all my filters are are tied in to volume in one way or another. It weeds all out all the downers, sidewalks, etc. They alert me right away if something jumps up more than my pre-set value of 25% (~25% screens out most minor fluctuations in price action).
If four or more filters detect same I have it set up to flash an alert in my face that tells me something is starting to move. I then check my level II's, scanners, etc. for fake MM volume dessigned to mislead you. I can do all this in ten minutes (+/- a minute). I've noticed that when things jump there are usually several pics on my list of movers so I hafta discriminate in a hurry before I miss the boat.
That said, I don't have a lotta time to post on message boards when things start getting busy. My hands are full till the trade is over. Its been my observation that if a penny play moves up over 25% in one hour its on a serious uptrend most of the time (not always, but most) I don't get the above mentioned alerts all that often but when I do it wakes me up fast.
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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