posted
Are there any good resources out there for trading pink sheets and OTC.BB stocks? I know a fair amount and have traded on the other markets (NASDAQ, NYSE etc.), but I'm very unfamiliar with the microcaps.
Thanks!
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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posted
what in particular are you looking for? ... you can trade them the way you trade mainstream stocks.. beside there is penny stocks on both NASDAQ and NYSE as well..
-------------------- Let the world change you... And you can change the world.
posted
I guess I wasn't specific enough... I'm looking to find the things that you guys look at when interested in a stock, starting from research through L2 screen through exit points.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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posted
So it sounds exactly the same as the other markets. Is there anything different on the L2 screen to look for, or is it the same - look for MM interest with heavy buy volume?
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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posted
Same game just different prices.. and different MM's.. find out who the big players are in the Penny stock world in terms of MM's.. just remember to put stop/losses to protect your profits and limit your losses..
-------------------- Let the world change you... And you can change the world.
posted
Do you use Quotetracker at all? I downloaded it yesterday and it looks like it has great potential, but I'm not sure how to use it for penny stocks, especially L2. I can get L2 on AMEX NYSE NASDAQ etc. stocks, but not OTC.BB or PS. Same goes for my watch list.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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posted
At the present time I don't use Quotetracker though I did download it to my computer for future use.. right now i work alot of hours so don't have much time to be in front of a computer during trading hours.. so i pick my stocks at night when i get home and put stop/losses to protect profits and limit losses.. which broker do you use? because Quotetracker integrates with certain brokers such as Choicetrade.com ..
-------------------- Let the world change you... And you can change the world.
posted
I use Ameritrade. Good brokerage, but terrible interface. Java is not the way to go for tracking stocks, I wish they made their own proprietary windows based platform. I feel much more comfortable with that.
-------------------- Long term investments are simply day trades that didn't work. (except QBID :P)
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posted
I use Choicetrade and they are pretty good... much less in commissions ($5) , great customer service, new platform, 99 cents for options etc.. etc.. you should check them out..
-------------------- Let the world change you... And you can change the world.
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