posted
BOY..... .0032 REALLY STANDS OUT FOR ME ON THIS STOCK BECUASE IT SEEMS LIKE IN OUR SHORT HISTORY, THAT IS OUR LONGEST HOLD PATTERN.
SO I'M THINKING ABOUT .0032 AND BACK THEN AND WONDERING ABOUT .005 AND MAYBE .007. DO YOU THINK WE'LL HIT .006? HOW ABOUT .007. YEA, MAYBE .01 BY END OF MAY. SHOOT, SOMEONE EVEN TALKED TO FRANK AND HE SAID .01 BY YEARS END.
.027 OR EVEN OUR CURRENT .018+/- IS NO DIFFERENT THAN MARCH 3, 2006 FROM RIGHT NOW.
I LOST A LOT OF MONEY WHEN I FIRST STARTED SWING TRADING. IT IS NOT FOR EVERYONE. MAYBE WE COULD TALK SOMETIME. I AM FAR FROM THE EXPERT BUT HAVE LEARNED LESSONS THE HARD WAY. JMHO
Diana, I would love to be a fly on the wall when you have this discussion. I know I have a great deal of work ahead of me. I have made some money with QBid, but could have made more if I had not made some basic mistakes...
posted
this blonde walks into she work and sees one of her co-workers haning upside-down from a rafter....she asks him what is he doing? he replies that he wants some vacation time so he is pretendin gto be crazy...just then his boss walks in and says what are you doing? he replies, I am a light bulb! the boss says you need a vacation go home you have a week. The blonde starts to follow him out. The boss says where do you think you are going? She replies, well I can't work without light!
[This message has been edited by DIESELECLASS (edited April 15, 2004).]
posted
QBID has just about passed the 65 day Volume MA and it's only a few minutes after 12...still have 4 hours to go and we've only been at it now for 2.5
IP: Logged |
quote:Originally posted by jimbo: Newbie here: Diana you stated that the $ is in the swings/gaps. I have been told that, but from reading these post the last week, I will have to agree with you. You are doing great. Where did you learn all this? I know you said you did the hard way, however do you recommend any books or anything else? That way us who are inspired to be like you (there are many, trust me) can learn how to do the DD and make a good profit from this game. Please let us know if you have any info you can share. You are great. How long have you been doing this anyways? Thanks again
Jimbo
WELCOME TO ALLSTOCKS,
UNFORTUNATELY I FORGOT TO READ THE BOOK!! LOL
G-MAN--IS THAT BOOK YOU RECOMENDED TONI TURNER--BEGINNERS GUIDE TO DAY TRADING? I HAVE GREAT THINGS ABOUT THAT BOOK BY MANY PEOPLE ON THIS OTHER BOARDS.
I HAVE BEEN TRADING SINCE 1973. MUTUAL FUNDS TO START WITH. HAD A GOOD 1ST BROKER WHO TAUGHT ME ABOUT THE MARKET. I HAVE ALSO OWNED AND OPERATED SEVERAL BUSINESSES. FROM THE GROUND UP. THAT IS WHAT I DO FOR A LIVING. DEVELOPE BUSINESSES/OWN THE REAL ESTATE--BRING TO MAXIMIUM EARNING POTENTIAL AND SELL. I HAVE DONE REAL ESTATE COMPANY'S, A FEW REAL ESTATE MANAGEMENT COMPANY'S AND MANY CHILD CARE CENTERS. THIS LAST ONE BEING NOT FOR PROFIT. WHICH IS BY THE WAY FOR SALE AND WILL BE MY LAST. GOVT. REGS ETC HAVE MADE THE CHILD CARE BUSINESS UNREASONABLE.
I HAVE TRADED MY OWN STOCK THRU E-TRADE FOR MANY YEARS---HANDLED MY OWN IRA ACCT. ETC. --GOT SET UP WITH SCOTTRADE AND AMERITRADE BEGAN PLAYING WITH THE PENNY'S ABOUT TWO YEARS AGO PRETTY HEAVY. LOST A LOT AND GOT SMARTER THRU TRIAL AND ERROR.
I HAVE NO FEAR. SOMETIMES A DOWNFALL. IF THERE IS A $ SIGN IN FRONT OF IT--I WILL FIGURE IT OUT. THAT'S MY LIFE STORY. THAT IS WHY I TRY TO ANSWER QUESTIONS AND HAVE PATIENCE BECAUSE I DO NOT WANT PEOPLE TO MAKE THE SAME COSTLY MISTAKES I MADE.
I AM NO EXPERT. I ONLY KNOW AND DO WHAT WORKS FOR ME.
I WROTE THIS A LONG TIME AGO TO HELP A FELLOW TRADER. I E-MAILED THEM AND THEY SENT IT TO ME. MAYBE IT WILL HELP.
ESTABLISH A SET OF TRADING RULES THAT WORK FOR YOU. THESE ARE MY RULES. YOU HAVE A ADAPT YOUR OWN. MAYBE THIS WILL GIVE YOU SOME GUIDELINES TO GO BY.
MY PENNY STOCK RULES:
1. I never buy on impulse or get emotionally attached to a penny stock--think LOGIC--I buy it, I sell it, I make money and I rarely look back. 2. I never buy a stock JUST because I like it or worse someone else likes it. 3. I rarely buy a micro penny stock trading under a volume of 50,000 mil--80 to 100 mil is better (always remember there has to be buyer for every stock you buy).. 4. I rarely hold a micro penny stock over night...My definition of micro penny is under .10 cents ..Rarely over a weekend..NOTICE I SAID RARELY. THERE ARE SOME STOCKS THAT HAVE A BUILD UP AND IF THE VOLUME IS GOOD AND I FEEL CONFIDENT ABOUT MY DD I WILL HOLD IT FOR THE RUN. At $7.00 to $10.00 a trade I can buy and sell it every day on news or hype or earning whatever. .(THAT'S WHY IT'S CALLED DAYTRADING) 5. I never buy a penny stock on the way up. IE CHASING I watch the pre market trading and set a buy price and a sell price and stick to it (missed out on NEOM by sticking to my rules--I noticed it at .11 and refused to buy to high) UPSIDE IS I DO NOT HOLD 500,000 SHARES OF NEOM AT.43 CENTS---DOWNSIDE I DID NOT MAKE 50,000 DOLLARS. I DID MAKE A COUPLE OF GRAND BY PLAYING THE GAP AFTER THE RUN. IF YOU MISS THE RUN PLAY THE GAP. LIKE THE MAN SAID--THERE IS ANOTHER STOCK JUST WAITING TO BE BOUGHT. 6. I never think about GETTING RICH OR RETIRING on penny stocks..My goal is to make $200.00 a day and not lose my original investment. Most often I exceed my goal. (When I lose money it is usually because I have not followed my own rules) 7. I never ride a stock down--I will sell it and re-buy it. EXAMPLE: BOUGHT CTKH AT .002 AND .0022. SOLD HALF AT .0046. SOLD HALF OF THAT HALF AT .0069. IT STARTED GOING DOWN AND I BAILED OUT AT .006. BOUGHT AGAIN TODAY AT .0032. LOGIC-DO YOU ACTUALLY BELIEVE MUTUAL FUND MANAGERS WOULD HAVE HELD ONTO IBM IF IT DROPPED 50%?????--(WELL SOME WOULD) LOL I THINK NOT..RIDING A STOCK DOWN IS LIKE THROWING 50% OF YOUR MONEY OUT OF A CAR WINDOW AT 75 MILES AN HOUR AND HOPING IT FLIES BACK TO YOU. OR BETTER YET "IF YOU LOVE IT LET IT GO--IF IT LOVES YOU IT WILL COME BACK TO YOU". THATS BULL****--IF IT LOVED YOU IN THE FIRST PLACE IT NEVER WOULD HAVE LEFT.....I have actually bought and sold the same stock 3 times in one day. ATNG WAS A RECENT 3 TIME BUY AND SELL. BOUGHT AND SOLD IBZT 3 TIMES ONE DAY. (not usually but it does happen).
8. I never insult or bash another fellow trader..I respect other people's trading methods. I LEARN FROM THEM. What the hell--It's not my money.....( It's not like they are setting on third base at a black jack table and take a hit on 15 and the dealer has a 6 showing and I have $500.00 dollars riding on that hand). Remember it is us against them. I DO LISTEN AND LEARN AND BENIFIT FROM THEM. 9. I never trade with MONEY that I am not willing to lose. 10. I follow the market and market trends (not just the stocks) 11. I never buy a stock without reviewing, analyzing and understanding the charts. I learned how to read charts and believe in them...They do not lie..I MAY NOT KNOW WHAT THEY MAKE OR PRODUCE OR SELL WHEN I BUY IT BUT I DO REVIEW THE CHARTS ON THE FLY AND PUT IN A BUY ORDER FOR SMALL AMOUNT TO GET IN THE DOOR. MOST TRADERS KNOW WHEN A RUN IS COMING AND HAVE ALREADY DONE THE DUE. 12. I never get gambling and investing confused. I INVEST IN REAL ESTATE...MY BUSINESS...SMALL,MEDIUM AND LARGE CAP STOCKS WITH A HISTORY-MANAGEMENT TEAM-FINANCIALS--ASSETS--CASH--ETC..30YEARS+ GROWTH AND INCOME MUTUAL FUNDS WITH 12% OVERALL GAIN IN GOOD AND BAD TIMES (THEY ARE PROFESSIONALS AND THAT IS THEIR JOB). I GAMBLE WITH PENNIES.. MY DEFINITION OF PENNIES IS ANYTHING UNDER $5.00. 13. I always take 50% of earning from each week and e-transfer into INTEREST BEARING TAX account. THEN I LEARNED HOW TO INVEST THAT MONEY IN REAL ESTATE TO ELIMINATE PAYING TAXES. INCORPORATE AND PROTECT. 14. I ALWAYS TAKE MY ORIGINAL INVESTMENT OUT OF THE EQUATION WHEN IT IS FEASIBLE TO MAKE ENOUGH MONEY ON THE TRADE TO MAKE IT WORTHWHILE .IE..WHEN THE STOCK IS ON A RUN UP SELL PORTIONS AT AT TIME TO RECOUP ORIGINAL INVESTMENT. IF IT IS A STOCK I PLAN TO KEEP LIKE TFSM--I BOUGHT AT 1.06. AT 2.12 I WILL SELL HALF AND RECOUP INVESTMENT AND KEEP 5000 SHARES FOR FREE. HOPEFULLY THAT WILL BE THIS WEEK. 15. I ALWAYS HAVE FUN......ACTUALLY I HAVE A BLAST.... 16. I LEARN SOMETHING NEW EVERYDAY... 17. I CAN'T SPELL, TYPE WELL OR USE PROPER GRAMMAR--AND I SWEAR LIKE A SAILOR..BUT IF YOU PUT A DOLLAR SIGN IN FRONT OF IT---I WILL FIGURE IT OUT.......THAT CERTAINLY DOES NOT MAKE ME STUPID..IT MAKES ME SMART BY RECOGNIZING MY LIMITATIONS. LEARN YOURS. 18. I ALWAYS MAKE MY OWN DECISIONS AND TAKE ALL RESPONSIBILITY FOR MY ACTIONS. 19. I LAUGH EVERYDAY..MOSTLY AT MYSELF AND SOMETIMES AT OTHERS... 20. LAST AND MOST IMPORTANT--THE MARKET HAS A RHYTHM--EACH STOCK HAS A RHYTHM--LIKE GREAT SEX--A RHYTHM..FIGURE OUT YOUR OWN RHYTHM WITH THE MARKET. IT IS CALLED CHARTS. LEARN THE RYTHEM OF THE CHARTS. THE REST WILL FOLLOW. TAKE THE TIME TO PASS ON YOUR GOOD FORTUNE TO OTHERS. WHAT GOES AROUND COMES AROUND AND YOU CAN TAKE THAT TO THE BANK.
DIANA OWNER/CEO/ADMINISTRATOR REALITY INCORPORATED DBA FORREST PARK PRE-SCHOOL AND CHILDCARE CENTER A NON-PROFIT ORGANIZATION BRING QUALITY TO YOUNG LIVES
posted
Yeah I was trying to grab it while it was rising,well it didn't rise much more.Newbie mistakes I guess (should've done some research)hoping for the best.
IP: Logged |
posted
I am so tempted to put in a sell order! DONT DO IT! I just have to get away from the screen and go for a ride...QBID has not had a down day in ....? So I have to expect at least 1 or 2 down days , right?
[This message has been edited by 1BigTip (edited April 15, 2004).]
posted
I THINK WE HIT A EXCITEMENT RALLY YESTERDAY WHICH PUSHED US TO .027. THAT IS ALL. 1.8 BILL TRADED TELLS ME THAT AND AROUND THIRTY MILLION DOLLARS!
LET'S NOT FORGET FOLKS:
1 MIL SHARES AT .0002 IS $200
1 MILLION SHARES AS FOLLOWS:
02/05/2004 0.0007 $700
02/06/2004 0.0014 $1,400
02/12/2004 0.0018 $1,800
02/17/2004 0.0024 $2,400
03/10/2004 0.0034 $3,400
03/16/2004 0.0025 $3,500
03/23/2004 0.0031 $3,100
04/05/2004 0.0039 $3,900
04/06/2004 0.0043 $4,300
04/12/2004 0.0056 $5,600
04/13/2004 0.0101 $10,100
04/14/2004 0.0155 $15,500
quote:Originally posted by $CashMaker$: U4,
what do you think is going on. Why the jump back from .028 to here and now?
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
