posted
Just watched a stock run on news for the last 40 minutes...if you havent tried this out, it's only 9 bucks or so for the first month, 99 afterwards. You've probably heard Dardadog talk about it. Just do a search for his posts. The program is at otccharts.com
posted
uh yeah its REAL easy to watch a runner... buying into one is a whole different story. Once a stock is running its hard to buy in at the ask price as instead it keeps running up unless you put in a market order which in that case you will get screwed. Best part is when you do get in... its the High of the day and its getting ready to drop.
Trust me it aint that easy.........especially for pennies.
Want real advice pick a few stocks and learn their patterns and watch how they bounce off moving averages and THATS how you plays stocks. Runners will blow you buy and 9 outa 10 times you will get in at the HOD and be burned afterwards as nobody is going to sell once a stock is running......
Learn to play a few ... the ones I play are
MBAH,GZFX (stay out for now though as I think they are a dead horse now), fmday and VCMP all of which pull me $500 or so a week on flipping. If I had my liesure job back at the help desk I could keep Quotetracker running in the background watching these all day to see when they hit 20,10,50 dma.
otherwise pick a stock and do some REAL dd not knuckle dd like the chumps that bought cmkx... put in a buy and leave it as is...
posted
By the way, I do look for patterns...least for now CYBT is a buy I think down in the .0022 range -- it always seems to want to respond back up near .0030. Will it always be this way? Probably not. But I'll play it for now.
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posted
What ohsnap said is complete BS!! I use otccharts and pick runners everyday the key is to pick the runner before it's runnin'. I posted two last week right before they ran both were over 50% gainers!! you must use all of the tools that otccharts offers. It's the best service out there well worth $99 per month as you can pay for that in one good trade. use otccharts combined with L2's and that is all you need to be successful!
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Its funny though I always thought why do traders need like 3+ monitors to trade with and now that I use OTCcharts I now understand the importance of using multiple screens. I only use 1 screen but it has like over 12+ windows minimized I do plan on getting multiple monitors in 05 Posts: 487 | From: Northeast Ohio | Registered: Oct 2004
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ALL I play lately is on news..recent example: AEXCA....Ampex settled a patent lawsuit with Sony on 11/29..price around 5.00...ran to 22.00 I got in at 6.50..out at 19...three days. The key is discerning HOW important the news is.
posted
I would hold on to those shares of BLYC...IMO... here is a company in pennyland that gets no respect...
They are building a solid base, they are the online leader in the Barter business (BILLIONS OF DOLLARS WORLD WIDE), they generated revenues in 2004 (300,000 +)compared to $0.00 in 2003 and they continue to build...
This company is not an in and out stock... that's why I don't think people talk about it much... too bad... at .005 this company has all of the potential of being a $.50 to $1.00 per share stock... IMO...
This is not a short play... however, they will have to do something with the number of O/S... sooner or later...
quote:Originally posted by ONTHEAIR: Of course I also have 500K of BLYC @ around .04...LOL
[This message has been edited by mizzou7 (edited December 05, 2004).]
posted
Hey pheonix i believe you when u about how otccharts seeing from the numerous record dardadog has from great picks there. But i noticed hes been gone latley...any chance you could post some of the stocks that raise some flags in the morn'in so I could see if it truley works?
Oh and another question is do u set it up like dardadog has it his (lowerntleapers) method? or have u developed your own method. pleaes reply, thanks
posted
hey tropic I also use otccharts to pick runners everyday look at some of my last posts for last week I have called out two that went over 50% and one that went over 100% and that is only being on the computer for about 2 hours a day for 3 days due to that is all the time I had last week. this comin' up week I should have alot more free time. dog is the one who showed me how to use otccharts and I have been using it for about 5 months now and am finally being able to pick a good amount of runners before they take off so if you need any tips I would be glad to share wit ya.
quote:Originally posted by tropic: Hey pheonix i believe you when u about how otccharts seeing from the numerous record dardadog has from great picks there. But i noticed hes been gone latley...any chance you could post some of the stocks that raise some flags in the morn'in so I could see if it truley works?
Oh and another question is do u set it up like dardadog has it his (lowerntleapers) method? or have u developed your own method. pleaes reply, thanks
I have heard rumors that Dardadog was banned also I will try to post the stocks that raise flags in the morning the main thing to look at is to find a stock that trades average volume between 9:45-10:00AM and look to see if the %gain is atleast 10% also look to see if the stock has been basing a while(atleast 2 months) and most importantly make sure the trades so far have been mostly all buys.
Now this does not guarantee a winner but chances are she is gonna run. Good Luck
quote:Originally posted by Ktrain420: hey tropic I also use otccharts to pick runners everyday look at some of my last posts for last week I have called out two that went over 50% and one that went over 100% and that is only being on the computer for about 2 hours a day for 3 days due to that is all the time I had last week. this comin' up week I should have alot more free time. dog is the one who showed me how to use otccharts and I have been using it for about 5 months now and am finally being able to pick a good amount of runners before they take off so if you need any tips I would be glad to share wit ya.
"IT'S NOT LUCK IT'S DAYTRADIN'"
Ktrain I do notice you are starting to become one of the Elite ones here, keep up the good work.
posted
Does OTCCharts give us L2 for $99 pm plan? I have that plan, but can't see how to access L2 info..
Posts: 25 | From: USA | Registered: Sep 2004
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posted
Keith may I ask what trading platform you use? Did you find something better? TIA
Posts: 487 | From: Northeast Ohio | Registered: Oct 2004
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quote:Originally posted by microstock: Does OTCCharts give us L2 for $99 pm plan? I have that plan, but can't see how to access L2 info..
Unfortunatley OTCcharts does not have Level 2's yet I am not putting OTC down but I must say that its stupid not to offer them I mean that is like the most important thing to look at when trading. I use Ameritrade APEX so I get Level 2 free from them.
posted
Thanks MXPX, like you said no one can always be sure of a runner or at that a winner, but I will always post my picks take a look and see if ya like um, if so jump in if not don't. MXPX I also take your picks and look into everyone you post along with a few other's on this board: Keithsan, Meshoe45, dog, MXPX, realityinc, glassman, thanks for all your help guys and keep postin' the winners!!
posted
Ktrain, any idea why IZZI didn't run?, and could it possibly be that its showing bad trends?....barchart.com gave it like a 20% sell. U think this stock may make a run on monday?
Posts: 23 | Registered: Nov 2004
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quote:Originally posted by Ktrain420: Thanks MXPX, like you said no one can always be sure of a runner or at that a winner, but I will always post my picks take a look and see if ya like um, if so jump in if not don't. MXPX I also take your picks and look into everyone you post along with a few other's on this board: Keithsan, Meshoe45, dog, MXPX, realityinc, glassman, thanks for all your help guys and keep postin' the winners!!
"IT'S NOT LUCK IT'S DAYTRADIN'"
Thank You Ktrain I try to post ones I feel are gonna pop big but sometimes things are moving so fast that I don't even have the time to post because for some reason I have to always log in and it takes my comp. like 20 seconds to load into Allstocks so by the time I would post she would have moved a good 40-50%. I wish this was like a chatroom type thing where it would instantly come up as if we were chatting. I will try to post picks more than I have been next week. Take Care
quote:Originally posted by MxPx: Keith may I ask what trading platform you use? Did you find something better? TIA
nothing better. just didn't need all those bells and whistles for that fee. use ameritrade for intra day, volume etc, stockcharts barcharts for other things. news there are many free services with very little delay, there is one on the main page.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
Oh and one more thing, thanks for offering to help guys, but i think i won't have time to daytrade much and play with otccharts until mid-feburary. Just ask to clarify a few question I had. I hope that you'll still be around to help me then.
quote:Originally posted by tropic: Hey pheonix i believe you when u about how otccharts seeing from the numerous record dardadog has from great picks there. But i noticed hes been gone latley...any chance you could post some of the stocks that raise some flags in the morn'in so I could see if it truley works?
Oh and another question is do u set it up like dardadog has it his (lowerntleapers) method? or have u developed your own method. pleaes reply, thanks
I try to look at the Top 400 and my own filter but I'm not very comfortable with it so I've hardly tried it, unless they were attached to news. One thing about possible runners Dog mentioned is they can turn on you and you have to be willing to sell at a slight loss sometimes. One possible way is to do this:
I unchecked all of the alerts on the Timing Alerts except "52 week high/low". I scrolled down to find any stocks that had hit a new high near the end of the day. I found that this is one way to be ready for any possible gap/runners the next stock day.
When getting ready to find a morning runner, you can set up your filter like:
Price Range: 0.0001 - 3.00 and checkmark the box "Trade Range". Set the trade range for 20 - 150. At the open bell, have that one open. It will fill in quickly with stocks that are trading hot out of the gate. You got your first player of the day.
I'm sure some of the OTCCharts users have some better suggestions because quite frankly I'm not comfortable with this method....mostly been trading on news at the moment. I get up before the bell and scroll through it all to try and find the decent stuff...still a learning process.
I posted this cause I figure that with the first month being 9 bucks (or the first 2 weeks being free) people could jump in at a low cost, learn how to use the product, make some cash to cover their 100 dollar investment for the next month which will let them get their feet wet longer. I know I'm gonna need a few months at least still..
But I do try to post news quickly...I find it easier to make a new thread sometimes than try to waste critical time searching for the old one. I'm still learning -- alot of the news is good, but unfortunately you need to buy a lot of shares on some of them to be worth it. A case in point is one of the stocks I posted last week. It was 16 dollars a share, think it was moving to the Nasdaq - went up over a buck. So basically to take advantage of it you would have had to plunk down $1600 for a mere $100 profit. But like the Dog always says, sometimes it's better to play the higher priced ones -- a lot of the time they move a lot better than the micropennies. Here's the above case in point. Just checked it out, was CESV that I posted at around 16.10. It closed at 18.50 Friday...$1610 investment would have netted $240 before commission.
Anyway this is why I recommend everyone to try out the product (wow I sound like a OTCCharts fanboy now) -- you'll get your own news and filter in real-time -- and you wont be worrying about a 30 to 60 second or more delay on news being posted the board.
Ya know, if we had our own chatroom... Problem is I dont like chatrooms that allow anyone to /whois someone, discover their IP address, etc. Plenty of jerks out there who enjoy doing denial of service attacks, etc. In fact, it's been such a problem with ICQNetworks in the past they did IP filtering or something on there so it comes up as garbage when you /whois someone.
[This message has been edited by Phoenixx (edited December 05, 2004).]
posted
why IZZI did not run??..........honestly I have no idea, it was one that I thought may run but did not, it happens. You may want to watch this one on Monday mornin' still though no promises. I will be lookin' for new one's but I may check in on this.....another one to watch is NETP lookin' like it may go just keep a close eye on it! c'ya'll in the mornin'........back to football.
posted
hey guys. I have been using otc charts for 2 months full time. I like otc charts but still have trouble picking the winners.80% of the plays have already done their thing. I am still in the hole but I am getting better I made a little money the last week but not alot lol.
Ktrain glassman and mxpx your pics are great.
any help or advice you can give would be appreciated I still cant set up my streamers well enough to pick them before they run.
Phoenix thanks for the tips and I will be keeping an eye on your picks. GLTA
[This message has been edited by MW (edited December 05, 2004).]
posted
Heh, most of what I post for news I dont really consider picks PER SE...I try to post positive decent stuff...and alot of them do move...but many dont move much. I mean, if something moves from .15 to .16 you basically have to buy $1500 worth just to see $100 gross profit. Ktrain, Keith, Glass, Dog and some others in this thread that I forgot are alot better at picks.
Yeah I'd be interested in hearing others OTCCharts filters....sure beats sitting around waiting for news in the meantime.
posted
mxpx posted about a streamer setup that works pretty good. have to go in and check out the level 2's and such and see which one is about ready to run but I like it.
I also like the news plays during the day too. I missed zapz the other day but I hit UGHO monday for .12 cents profit
still learning and trying. I am spending about 16 hours a day at the computer.
[This message has been edited by MW (edited December 05, 2004).]
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