posted
Hello all. I used to trade micropennies until I got burned (mlon). It made me realize that I needed to trade more secure stocks. Now I trade what proffesionals would conider pennies, (under 5 dollars) I do not have problems with buying or selling shares or faulty companies. I knew this was the way to go before, but I was greedy and looking for that explosive penny to make me rich. To anyone who is still doing that good luck. To everyone else I invite you start trading the "real" pennies. I have access to a database and I only pick stocks in strong upward trends and play for them for 1 week only. For those of you who do not believe me, I will post what I pick on Mondays and just watch the value of these "real" securities rise. Here's how this week is going.
ANX 04/04/04 Bought 1.65 now 2.09
CFPC 04/04/04 Bought 1.90 now 3.1500
For those who are skeptical, just watch. Just check out the graphs, of these two and realize that, tons of people are buying and selling, graet gains, real companies, and most importanly strong upward trends
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posted
well said Smart and Successful ,looking to do the same as yourself,would like to know more about your system if you care to share i am all ears.Continued success in your trading plan.
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quote:Originally posted by Smart and Successful: [Q]Hello all. I used to trade micropennies until I got burned (mlon). It made me realize that I needed to trade more secure stocks. Now I trade what proffesionals would conider pennies, (under 5 dollars) I do not have problems with buying or selling shares or faulty companies. I knew this was the way to go before, but I was greedy and looking for that explosive penny to make me rich. To anyone who is still doing that good luck. To everyone else I invite you start trading the "real" pennies. I have access to a database and I only pick stocks in strong upward trends and play for them for 1 week only. For those of you who do not believe me, I will post what I pick on Mondays and just watch the value of these "real" securities rise. Here's how this week is going.
ANX 04/04/04 Bought 1.65 now 2.09
CFPC 04/04/04 Bought 1.90 now 3.1500
For those who are skeptical, just watch. Just check out the graphs, of these two and realize that, tons of people are buying and selling, graet gains, real companies, and most importanly strong upward trends [/Q]
posted
Sorry about this week. HBSC was the pick but I was not positive so I did not post it. It seemed that volume was starting to dip, but the price rallied all week. I'm in it now, and going to drop it soon. Good luck, and please post any stocks that are acting like these past picks
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Tommarow I will probably hop back on to ANX. I first saw it at a dollar fifty and now it's at two sixty. I'm looking at the 8-k right now. I'malso lookingfor something else to buy tommarow as well
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Its easy to day trade the stocks that are Nasd, NYSE, AMEX. I use http://www.level2quotes . com/
I would watch the premarket around 8:30 am EST. And look at the amount of buy orders verse sell orders. Easy system...more buy then sell...price goes up...more sell then buy...price goes down...MOST of the time. I would dump $8,000 in and look to make 3% and that was it...take the $240 every 3 days and run. Seldom would I hold a stock over night...stocks more in premarket a lot!!! However,its not as lucrative as penny stocks but its a lot safer.
The longer you hold a stock...the more risk you take!!!
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All this guy Smart and Successful has posted has been after the fact stocks.. he hasnt given one tip on stocks before they made there run.. Hell I can predict who won the baseball game after the game is over.. Secondly I dont trust anyone with my money who cant spell the word tomorrow correctly.
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cyds is up 30% right now, I really don't know how to call a stock any better than to list the ticker before the open and then see a 30% gain
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and I'm out of cyds with an 150% gain. My apologies for not posting the pick last week. Skepticism would be expected. You can choose not to believe me, that's fine. But my plan is working and so far I am in the green consistantly.
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If you were a bit more specific in your posts it may help people to see your successes a little more. Simply posting the names of 2 stocks is not very specific and your last post before that about possibly buying into ANX could go either way as well.
If you were to post somehting like this:
I just bought into CYDS at 1.50 and I expect it to go up 50% today or that you plan on getting out at 1.75
This would be specific enough that very few could argue with your success, (you always find some people who argue over anything). You would have to post it in a timely manner though. You cant post it after the stock goes up.
-------------------- If you made money, it was a good trade
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Thanks for the suggestions Talon. I cannot predict how much a stock will go up. to tell you the truth, I have no idea. What I can do is list tickers that fit the criteria that I search for. I have done exactly that, and if you look at the graphs of any of the stocks mentioned, you will see that they all went up AFTER the date of the post. I will try to be more clear in the future. Thank you
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CYDS was a no brainer. Keith posted it at 1.07 last Wen. on the Hot Stocks board and I was talking about it at 1.16 if it took you till 1.5 to see that one I'm not sure about your system. It had been creeping up for days. Not bashing you but could be you need to explain yourself better.
-------------------- You never really grow up you just learn how to act in public.
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poorman, how much did you put in CYDS and have you cashed out yet? SInce it is a no brainer I would like to see how you made off. I'd appreciate numbers.
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quote:Originally posted by Smart and Successful: poorman, how much did you put in CYDS and have you cashed out yet? SInce it is a no brainer I would like to see how you made off. I'd appreciate numbers.
I put no money into it. If you read the thread on Hot Stocks free for all you would see that. I just saw it starting to move and posted it. The no brainer part comes from it having been moving up for at least 2 days prior on no news. After the 1.18 gain on Friday I figured that it had reached its top. Of course its up another 28% or .78 again today. LOL
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quote:Originally posted by The Dude: All this guy Smart and Successful has posted has been after the fact stocks.. he hasnt given one tip on stocks before they made there run.. Hell I can predict who won the baseball game after the game is over.. Secondly I dont trust anyone with my money who cant spell the word tomorrow correctly.
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