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Done for the day, the goal is reached, made $998 from AQNT and CPSL before 10:00 AM. Take the boys to school, have a good day everyone!

Yes, because I'm stupid, I don't know how to make $ from futures, I had to work the hard way.

Scan results: SWRI, ARBA, JAV, ECIL, SUPG, CHTR, AVNX, SWSH. ECIl closed @ 8.55. It is forming a nice symmtrical triangle, it'll break out of this triangle next week - either up or down. By looking at its TA indicators, break the upside resistence area (8.62+) is very possible in next week...

Per the request of the moderator, I'll follow the ET policy he sent to me: "ET has a policy against discussing penny stocks. Here's the rules -- any stock can be discussed that meets at least one of the following two criteria: 1. It trades above $5.... or 2. It has at least 1,000,000...

What a weekend, Attended two birthday parties for the kids today. Now the boys are in sleep, time to scan some potential plays for next week.....:-)

Thank you all for the kind words! This ET is very interesting place, some posters are no surprise to me, I remember an old Chinese saying, "when the forest is big, expect to see all kind of birds." I am opening to all advices and suggestions. "The mind like a parachute - it's only good...

pairsarb, You know what, sometimes I wish I didn't quit my job :-) When I had a regular job, I was trading emotion free and not worried to take out $$ out of the account to pay bills, I was an IT security guy, the only guy in the company has mutiple montiors on my desk. Right now, this...

Thanks. I will try my best to make it on my own :-) I might talk to my two friends and took out some profits from their accounts if I cannot fullfill my obligations. Maybe I should trade one of my friend's $50K account more.

Daily chart:

Allmighty1, In fact, volume change is one of the most important indicators I use for trading these momo stocks. If the volume suddenly died on a strong momo stock, retraction is going to happen immediately. On the other hand, when the selling volume dies in a strong pull back, the stock is...

Thanks. in some cases, each broker/clearing firm is treating differently, my account had $24986 right after I took out $5K, it was my mistake, I miscalculated the balance, plus I forgot to close a penny stock I own at the ask. I got this email...

Yes, from trading penny stocks, first it was SSPC (from 0.01 to 0.60), then USXP from $0.01 to $0.30, right before I quit my full time job, another stock went from 0.20 to 0.50 with strong volume, I had about over half million shares. Since the moderator won't allow me to mention penny stocks, I...

Thank you all for the comments. I cerntainly appreciate your inputs - good or bad. (1) I'm new to ET, but I'm not new to trade stocks or futures. I've been actively trading stocks for about nine years. (2) Yes, I've paid my tuition in the process. I was doing quite well in trading...

This is a jorunal to keep my records about what I am doing everday - the stocks I trade, entries/exists, the strategies I use, and most importantly, the lessons I learnt. I hope this journal will keep me disciplined and motivated to accomplish my goal - making $5K each month to pay bills...