This is my strategy, 2 months a go I bought CTKH at .002 per share now the price has gone higher accordingly. Anyway I noticed that I am always forced to watch my portfolio everyday from market open to close, simply because I’m greedy and don’t want to loose money. Because of this I have become very familiar w the price patterns of this particular stock. So I figured since your success in the market when trading directly depends on “what can I buy today that will rise tomorrow” right? Well I been checking boards allover and searching for a good buy, where can I find a stock that will rise tomorrow? The answer was right in front of my eyes, but I was looking elsewhere. I know the price patterns of CTKH by heart due to the fact that I own shares of it at im forced to watch the price of this daily on my streamer. So I came up w the idea that since I know the price patters for this stock I’ll buy more shares when it reaches its “low” price that I’ve seen so far and sell when it tops off like it has in the past keeping my original investment untouched because I’m playing it with new money. Well it works out like a charm. Last Thursday the stock dipped all the way down to .0039 per share, so guess what I did? Picked up shares for 500 dollars at .0039. the stock went high as .0057 on the next day, on that day I sold at .0054, that’s because I know that it wasn’t going to hold at that price because it never had before. So my system worked out fine for the first trial. And let’s say it went over that price where I sold it at. No worries I still have my original investment untouched. I figured this is a win, win situation. Just make sure u put enough time in to your DD before getting in the first place, and study the price patterns. The answers are right in front of you, you’re just looking too far. There isn’t anything here that anyone can tell you that you can’t tell yourself! Just learn from your mistakes. All it takes is time. Good luck to brave investors!!
IF ANYONE SEES A FLAW IN THIS MEATHOD PLEASE LET ME KNOW, SO I CAN LEARN AND IMPROVE IT ANY COMMENTS ARE APPRICIATED.
Posted by VNGNTN1 on :
WELL If you have only been trading 2 months,you have not been thru all of the annual cycles of one stock, much less than cycles which cover decades, Cycles vary on intensity,Cycles may compress and expand. SO A question in answer to yours. We have been in a bullish market of late,and has your stock hit a 52week high, Why Not What would happen to the same stock at your current price in a Bear market? I own many stocks and also this one( at a small loss). GOOD LUCK VAN