Who is the new (trading) millionare?

Originally posted by tuna
opportunity knocks occasionally,just because there not $40 shares don't mean there not tradable.
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Does this mean you trade pennies? Did/do you own any of those stocks you gave charts for?
 
Yes Victor almost everyone of those charts i traded during those periods.
Anything under $1 i'll have my eye on, does'nt have to be Otcbb necessarily.
Almost every day something will be up over 100%,occasionally you'll see 400%,disregarding total pigs down the .0001 area.
Its not all roses tho,It is a world of its own and they can bite back,but it is a tradable area.
 
So tuna, how are you trading these penny stocks? Trendline
breakouts, consolidation breakouts? Good news? Blind luck?
Hope and a prayer? Throw the dart? Let the monkey throw the dart?

:confused:
 
Originally posted by version77
SNIP...Let the monkey throw the dart?

:confused:
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WAAAAAHAHAHA. Well there is a strategy that I had not thought of before, ingenious I tell you.

Thanks for the laugh!!
 
A trigger to kick in some volume is the most important.
Scanning mostly..
1)EOD scan, volume/price,breakout or likelyhod of it.
2)Pig filtered intraday news,news will generally set most off them off as long as its not just PR crap.
3)Intraday scanner running on pig volume/% gainers.

No3 usually only picks up what I've missed on 1 and 2 but sometimes you'll pick up the insiders buying before 2 is released.

Jumping in on news depends alot on how the market is at the time, sometimes its not worth bothering(like the last month or two),other times if the stocks happens to be sitting below 10cents it can pay off prettty quickly.
New high/bluesky can work wonders too.
Nothing really differant to what some of you use on your $40 puppies
 
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