$5,359 Profit
BRKKLong Stock
papajohn
papajohnMay 01, 18 7:50 PM

Picture perfect OTC multi day breakout. It was really hard for me to not start selling right away the day after I bought it, but my plan was to try to hold for two nights. Ended up selling about 1/4 of my position near the end of the 2nd day. Sold the rest right at open on the third day and am very happy with my exits as the stock briefly spiked and then pulled back and faded. This is my biggest win so far and biggest percent win by a huge amount.

5
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DatePrice
Entry4/27/20180.0358
Exit5/1/20180.10
  • Total Views1,127
  • Position Size85,000
  • Percentage179.33%
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dmatin
dmatinMay 01, 18 11:32 PM

@papajohn What sort of minimum volume requirement you look for on OTC breakouts?

papajohn
papajohnMay 07, 18 9:50 PM

@dmatin I prefer at least $100k dollar volume. That's probably a lot lower than most people are comfortable trading, but I'm pretty patient with my trades and I have a good idea how to get out if I have to.

nnamex
nnamexMay 14, 18 6:21 AM

Hey John do you look at the fundamentals or Sec filing before buying Otc or listed stock?

papajohn
papajohnMay 14, 18 10:35 PM

@nnamex Sometimes, but not as often as I should.

rsmall
rsmallMay 14, 18 11:46 PM

when you say you know how to get out of them . can you explain that in detail please?

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