What broker do you use to purchase OTCBB??
@NSellwood Interactive Brokers. Although I heard that Suretrader has better routing options for OTCBB´s
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Why so many OTC stock??
@NSellwood because I see the green/red shorting pattern work very well on these stock
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Same here, I've been following him and watching his trades and strategy. All of a sudden he disappeared. I looked at all his trades and charted on finviz and stockcharts and all seemed legit.
I'm currently using his oversold strategy and it does work you just have to have controlled stop losses
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@NSellwood congrats on decoding Kevin's strategy. Can u share ?
Ummmm I haven't figured anythig out. All I do is watch his tips and see how they have unfolded at close the following day. Generally, I believe he looks at stocks hitting a low, and either relies on them to bounce back or he has some knowledge of what is going on. Being in New Zealand I only see the last hour of the trading day.
In saying that, 4/5 stocks he picked yesterday closed at a loss. Maybe it's a bit hit and miss, but mroe times a hit.
I'm also damn curious how Kev is trading.. I asked him about his strategy but looks like it's his own little secret :(. I tried to figure it out and it looks like he is watching stocks that hits a new low and also with not so much volume/float most of the time. Maybe this helps for you ;)
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I saw it got upto $3.33 in the afternoon.......... what did you end up doing?
@NSellwood no trade for me on this 😀.
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Etrade is good go with them.
Any idea on a good one to use when living in New Zealand? Alot of the US ones require you to be a resident. Just want something simple within minimal fees
It is recommended to have at least 2,000 to open an account with for many reasons. First, you will need at least 2000 to open a margin account. You also need to use at least $1000 in each trade so that you actually make enough money to cover commissions and profit. Otherwise your account will slowly go to zero, unless you are a professional trader





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