This Jan 2020, I'm starting $1000 challenge. No extra buying power. This will be my final challenge. I'll have other accounts that I will trade, but my $1000 account is what I will focus on. This is the deciding factor whether I have what it takes to be a real trader. I'm am prepared to lose this account and I'm prepared to even add additional $500 in the next few months. Time will tell. Because I will start with $1000, I will only be choosing the best of the best set ups. No guessing, no hoping, no B.S.
TMRC
Oh I wished I would have still stayed in this stock. I was in 0.55 and sold 0.58. It's now at 0.73. Where would I pick it up now? 0.58 where I sold it. TMRC is the best rare earth stock on the market. It was hot this summer too. Some of you remember this.
APHD
Thin stock with notes. New CEO. Looking to grab at around 0.0025-0.003 area
DEER
Many stocks went out of greys today to getting level II. DEER RINO CHGS to name a few. DEER is my favorite. Where would I like to pick it up? 0.005-0.007 and watch it closely
WSGF
I'm still under a penny on this stock. I'm holding this stock longer than my normal. I will sell if it drops under 0.013. There's news coming this Thursday from this company, but I don't like holding and hoping
VEND
Ticker that's going under bankruptcy. I do like trading bankruptcy plays. Sometimes they have one more push before they die
INQD
Picking it up 0.0017
PSGR
0.013-0.014
They look like a classic stairstepper pump and dump and yes their financial are horrifying. Thanks for verifying. Aloha and good trading.
If you feel you have an edge playing this low volume stuff, fine. But these setups are not scalable with real $. You would be very lucky to squeak out a $1000 win ever playing this stuff. You also leave yourself wide open to getting blown out in a black swan move. TMRC was fine, but the rest look pretty rough
@anatomic I hear you. I've been trading coming up 3 years now. I've played penny stocks, large caps and mid cap stocks. I've leaned more toward OTC this past year, just b/c the profit potential is so much more. I generally trade between $300-$600/trade. The reason why is b/c if you are wrong, you can lose up to 50% of what you put in even with good risk management. But if you are right on the trade, your win can be between 50-400%. It's crazy
judging from your profit chart I would be led to believe that you definitely have some things figured out. Aloha
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