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Been a lurker for awhile, now I have joined. I have been trying to make a little bit of money here and there day tradin (like everyonelse), but not doing well at it. Trying my own DD and other research, and still having a hard time.
This is my question...Are there any stocks (micro penny)out there that seem to be pretty reliable where one could make about $50-$100 every few days. I am not trying to get rich over nite...just trying to build up as much as i can SLOWLY and then grow from there. I know there will always be losses, but I am looking for the predominantly relaible ones with the good track records
Not trying to pry into anyones secret formulas or anything. Just looking for some reliable (semi-reliable) winners even if it is small gains at a time
Thanks for any help and guidance Posts: 6 | From: Houston | Registered: May 2005
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first of all read a book on trading... i can recommend some if you like.. second.. do not daytrade if your just a beginner.. swing/position trade instead... 3rd there is no 100% on any stock so even if someone gives you a stock doesnt mean it will be successful for you.. if i were you i would stop trading read all the trading books you can to self educate yourself.. papertrade what you are learning till you are successful on paper then return to trading (swing/position) ... but as for what to look for in stocks.. get a stock screener... look for a company with good fundamentals then use technical analysis to determine when to enter a position and exit it if need be.. always use stop/losses to limit your losses and protect your profits.. i'll give you one stock that im holding if you want to do a DD on it.. it is SVSE .. its trading above it's Moving Average's and using the MA's as support.. but anyways hope this helps...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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I appreceate your response Machiavelli. Your reccomendations are quite helpful. I did get a stock screener and I saw you mention a couple of books on another post and I am going to get those also....Thanx for the help....Michael
Posts: 6 | From: Houston | Registered: May 2005
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GRGR I GOT IN THIS ONE AT .19 NOW 1.20+ I EXPECT THIS TO BE A $10 BY OCTOBER
Nothing is 100% so at least put a trailing stop/loss on it just in case... it's under $10 for a reason... rarely do stocks go over $10 if they have been under $1...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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I do not want to burst anyone's bubble, but how high do you think something can go. You didn't do too well today, you lost about $.40. This isn't even listed in pink sheets there is no 211 on it. You took a big gamble and won, be happy take your profits and run.GRGR has seen its day for now. Do not get greedy, I am not bashing, just trying to save you some profit.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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The fellow that says GRGR will hit $10. Sorry if I didn't make that clear in my post I thought I did he will be older than me before it hits five, and I'm almost as old as dirt.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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Seven posts up from your last one tex, the fellow's name ends in 67. He's the one that thinks it's going to hit $10.00. Anyway it makes me no difference, just hate to see a man gig greedy and lose a profit.
Posts: 280 | From: w.sacto.ca. u.s.a. | Registered: Feb 2004
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the machster, imho, makes good posts--aint endorsing him as "stock god" but he qualified his opinion. unnerstannd about "way out" greedy and no solid member here wants anyone to lose....keep posting...gl
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