Good day everyone! Hope you had good holidays!
So third watchlist in, and I want to talk about my issues with trading. As most, we start with very little and many limitations. I have limited resources at my disposal (both in terms of money and technology) and I suffer from major fear of losing. Some are gunslinging and I, on the other hand, feel I'm doing this with a slingshot. As you may have noticed I actually trade very little (only 15 trades in basically a year) and though I have gotten over some of it, it has taken quite some time, even more than the learning process itself. I'm as of now forcing myself to take bigger positions in stocks I like. Most of my losses have come from not following my own criterias so at the very least I'm quite confident in my picks.
Today I don't have many stocks on watch, since some of the stocks on play just dont fit my criteria.
Tier 2
VSTM - This stock I've been watching for a long time, It is now bouncing from it's previous run up and it's keeping half of its gains. It could still have more downside sure, i'm expecting either consolidation for the next few days and an attempt on the highs made recently on the long run.
CNAT - Watching just in case it dips (yet again) - it is closing at its highs and it dipped before close on thursday so that ship may have sailed already - Volume has been fading so it could seriously find its top this week. Possible entry if it holds above 7 convincingly. It's not under my Tier 1 List since it has run up quite a lot in the past weeks.
Well that's it for now. Many OTC stocks in play today, I haven't gotten to "test" any of them so far, that's why I do not include them. Good luck and hope you have a great week =).
Good morning, first-time watcher on trades. Quick question, maybe off subject but----can anybody tell me, do I have to buy 100 shares at a time?
nop, that mostly applies with high priced stocks, most penny stocks dont enforce that rule and if you get into Level 2, you can actually watch some 10-50 buys going through
Ok cool! Thanks!
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