Be Aware. some stocks are not worth holding. be aware if you are in a pump and get out before they dump and you get stuck with huge losses unless of course you plan to go long then red will not matter because you have the patience to hold no matter what.
But sometimes some stocks are not worth the headache.
do your homework and make sure its worthy before you hold.
do not get stuck, learn charts. learn financials if you want.
learn your mistakes. earn your own flaws.
Great Mining contracts!
Thursday, July 17, 2014
watching
$MTVX & $IPRU is on my watch list. name changes are complete, $REACD watching to see what happenes to the price when the "D" drops off the ticker.
Tuesday, July 15, 2014
Tales of a recovering Kool-Aid addict...
I once dreamed of this
kool-aid it was so intoxicating,
almost poison.
Bitter sweet essence green red candle stick,
they perform ritualistic incantations.
Sacrificing Bulls and Bears to Wolves and Lions.
Trophy hunters poach all of the above,
master tracker is he. wretched is the
Wall streets she bellows taking donations from them all.
less one finds the Divi-Dehn Sum dues maybe payed.
$DX I recon pays 13.9%
a pretty hearty chunk of change.
kool-aid it was so intoxicating,
almost poison.
Bitter sweet essence green red candle stick,
they perform ritualistic incantations.
Sacrificing Bulls and Bears to Wolves and Lions.
Trophy hunters poach all of the above,
master tracker is he. wretched is the
Wall streets she bellows taking donations from them all.
less one finds the Divi-Dehn Sum dues maybe payed.
$DX I recon pays 13.9%
a pretty hearty chunk of change.
Wednesday, July 9, 2014
Cheap Gold Stocks and ADR's
Reflection of the last year since May 2013...
Last May when i got hard core into this trading shit after having an
account on Idle for 4 years with few shares and 500$ i thought I knew
everything.
Well I did not know how humbling the market can really be.
the only place where you can turn 500$ into 40k in 3 months and lose it all in a day. If you wanna get serious in the game you have to respect the business.
If your looking for a get quick rich gig than the markets is not for you especially penny stocks.
You really have to dedicate sometime into this, but hands down experience is the best teacher.
Learn tricks of the trade to help be your guiding light, but let experience be your Master.
Learn from your mistakes! go through your trade history; compare it to the chart whatever your flaw, recognize it early and learn from it. If you are not willing to put work into this then you might be "S.O.L" or Shit Out of Luck.
No one in Penny land is there to hold your hand. Every trader has put in time to get to the level they have achieved in trading, so we must respect that.
Sometimes people in this atmosphere can be really harsh on "newbs". Resorting to pretty harmful words and mannerism they usually would not portray.
I guess we can think of these bashers as "internet tough guys".
All in the name of arrogance because they are "more experienced?"
most the time they are not more experienced just desperate for students.
Real talk, I have met some persons that have actually said bow down to me,
I am the best trader in the world, blah blah blah...
claiming they called amazing pick only later to find out they got the pick off of a "hot-stocked" PR.
Leave the koolaid for the kool kids. hunt the color blind no retreat no surrender. Keep your shit diversified and plan accordingly.
Stocks in a sense is like the Underworld, There are "junkies" and their are "dealers"...who side you on? seller or the user...only u can answer that for you.
Trust No One - the reality is no one can predict the future of a stock but we can witness price movements.
GL Trading =D don't feed the trolls
Well I did not know how humbling the market can really be.
the only place where you can turn 500$ into 40k in 3 months and lose it all in a day. If you wanna get serious in the game you have to respect the business.
If your looking for a get quick rich gig than the markets is not for you especially penny stocks.
You really have to dedicate sometime into this, but hands down experience is the best teacher.
Learn tricks of the trade to help be your guiding light, but let experience be your Master.
Learn from your mistakes! go through your trade history; compare it to the chart whatever your flaw, recognize it early and learn from it. If you are not willing to put work into this then you might be "S.O.L" or Shit Out of Luck.
No one in Penny land is there to hold your hand. Every trader has put in time to get to the level they have achieved in trading, so we must respect that.
Sometimes people in this atmosphere can be really harsh on "newbs". Resorting to pretty harmful words and mannerism they usually would not portray.
I guess we can think of these bashers as "internet tough guys".
All in the name of arrogance because they are "more experienced?"
most the time they are not more experienced just desperate for students.
Real talk, I have met some persons that have actually said bow down to me,
I am the best trader in the world, blah blah blah...
claiming they called amazing pick only later to find out they got the pick off of a "hot-stocked" PR.
Leave the koolaid for the kool kids. hunt the color blind no retreat no surrender. Keep your shit diversified and plan accordingly.
Stocks in a sense is like the Underworld, There are "junkies" and their are "dealers"...who side you on? seller or the user...only u can answer that for you.
Trust No One - the reality is no one can predict the future of a stock but we can witness price movements.
GL Trading =D don't feed the trolls
Sunday, July 6, 2014
If you going to add Options into your Strategy.
If you going to add Options into your Strategy, I suggest opening a second Broker to handle that not all Penny Stock friendly brokers are good for Option Trading. I suggest TradeKing if you want to Trade Options, for Penny stocks TradeKing might not be the best because the commissions are high.
TradeKing offers 4.95$ trades on anything above 3$ i think read to make sure, and 60cents for options contracts that is super cheap compared to the fees at Scottrade. I use both one for Penny stocks and Options on the other.
Another thing I like about TradeKing is that they have an awesome educational center on the website that goes deep into options strategies that are easy to understand.
If you have an IRA account or Roth any type of IRA, I suggest you look into Options Trading to build extra tax free wealth into your IRA account. Some companies even offer you 4:1 match of what you trade (e.g. u put in $1,000.00 they match u $4,000.00), so that = FREE $$$ just something to think about.
why let your IRA sit and collect dust when u can trade Options with it and build wealth? remember TradeKing is one of the best options brokers IMHO.
GL Trading. =)
TradeKing offers 4.95$ trades on anything above 3$ i think read to make sure, and 60cents for options contracts that is super cheap compared to the fees at Scottrade. I use both one for Penny stocks and Options on the other.
Another thing I like about TradeKing is that they have an awesome educational center on the website that goes deep into options strategies that are easy to understand.
If you have an IRA account or Roth any type of IRA, I suggest you look into Options Trading to build extra tax free wealth into your IRA account. Some companies even offer you 4:1 match of what you trade (e.g. u put in $1,000.00 they match u $4,000.00), so that = FREE $$$ just something to think about.
why let your IRA sit and collect dust when u can trade Options with it and build wealth? remember TradeKing is one of the best options brokers IMHO.
GL Trading. =)
I am Liking Options Trading
Risk: in Options are huge, but that is the thrill of the hunt.
Options are good as a blanket of breaking even. better to break even than end up with 0 better to be 0 than -50% its not to bad but still a dig to get back to 0% and into the green zone again.
I used to be all about Penny Stocks too but now I am realizing that if I put all my eggs in one basket than how can I become a better trader?
There are so many ways to do business in the stock market. As a buyer/seller we are participating in the markets as individual business owners. initially over time if you master this craft than you decide how much you want to get paid.
it all starts with a plan and takes mastering one step at a time. you will only get from this as much as you are willing to put in as far as dedication goes, not addiction. but Focus and Planning the move to wealth building.
I think its interesting how Options work. in the lowest tier it is kind of hard to make money, it feels like boot-camp. but I feel that if I can pass all 36 chambers and become a master of basics, then I will be able to use more advanced techniques but that does not stop me from studying what I can not trade yet.
Options are good as a blanket of breaking even. better to break even than end up with 0 better to be 0 than -50% its not to bad but still a dig to get back to 0% and into the green zone again.
I used to be all about Penny Stocks too but now I am realizing that if I put all my eggs in one basket than how can I become a better trader?
There are so many ways to do business in the stock market. As a buyer/seller we are participating in the markets as individual business owners. initially over time if you master this craft than you decide how much you want to get paid.
it all starts with a plan and takes mastering one step at a time. you will only get from this as much as you are willing to put in as far as dedication goes, not addiction. but Focus and Planning the move to wealth building.
I think its interesting how Options work. in the lowest tier it is kind of hard to make money, it feels like boot-camp. but I feel that if I can pass all 36 chambers and become a master of basics, then I will be able to use more advanced techniques but that does not stop me from studying what I can not trade yet.
Friday, July 4, 2014
Dividends are good for diversification.
IMHO I think dividends are great to keep you up. especially if you find a mid cap stock that has hit bottom. with a nice up trend back to 52wk highs and beyond which in turn will increase the % of dividends you receive.
just a thought...GL
just a thought...GL
Thursday, July 3, 2014
JULY 8th 2014!! Pot Stocks Get Ready
Pot Stock Holders,
Get ready to possibly see some action here soon. July 8th 2014 Washington State pot shops open for business. People that don't even smoke the shit will probably go to the store just to say they bought weed legally.
Remember be just as responsible as you were when it was illegal. Drive safe if you live in Washington the DUI ratio for smoking will probably be High for the rest of the year as well as the drivers, lol.
I cannot guarantee that any of these stocks will stay around forever as with a lot of penny stocks its a 50/50 chance that they will go anywhere. but a handful of these small companies will probably surprise the non believers.
Good Luck on all your trading. Remember the 8th of July.
I am personally keeping an eye on $PMCM, $PHOT, $DEWM, $GRCU, $AGTK whenever i am in doubt I remind myself, Haters Love Me lol jk ***Get Smoking Supplies*** Click Here
Get ready to possibly see some action here soon. July 8th 2014 Washington State pot shops open for business. People that don't even smoke the shit will probably go to the store just to say they bought weed legally.
Remember be just as responsible as you were when it was illegal. Drive safe if you live in Washington the DUI ratio for smoking will probably be High for the rest of the year as well as the drivers, lol.
I cannot guarantee that any of these stocks will stay around forever as with a lot of penny stocks its a 50/50 chance that they will go anywhere. but a handful of these small companies will probably surprise the non believers.
Good Luck on all your trading. Remember the 8th of July.
I am personally keeping an eye on $PMCM, $PHOT, $DEWM, $GRCU, $AGTK whenever i am in doubt I remind myself, Haters Love Me lol jk ***Get Smoking Supplies*** Click Here
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