Inverted Hammer Stock Signal

Hype, news, and DD help with stock picks, but technical analysis, signals, and chart reading is what will propel you ahead. This is what I want to focus on and learn in and out. $ETBI trading today was lukewarm at best. The shining star today, atleast in my portfolio, was $USRM. From open, it shot up 20% today then waned …

Averaging Down on Penny Stocks

In this journey into PennyLand, I’ve held on to stocks that have tanked 50% and beyond and felt like I was left holding bags. Whether these stocks are being held long, or you want to minimize your losses on a shit stock you want to get out of, I’ve learned you can “Average Down” to help reduce your losses and …

$BVTK back? $ETBI in.

Last Friday was an interesting day, particularly with $BVTK and $ETBI.  $BVTK – I’ve been itching to dump these $BVTK shares as they been such an eye sore, however those sentiments changed last Friday. $BVTK didn’t make much movement price wise, but the accumulation was just sick. Something’s cooking with $BVTK. Dilution is shitty, but once it’s over….BOOM. With all …

05/01/17 OTC Trades

I got in on $ETBI this morning. I could definitely have entered at a better position if I had not placed my limit order at bid price last night which filled immediately at open.  Chart looked solid with 4EMA crossing 8EMA. Volume looked good. I looked away from all trip picks today. Fearful of Bloody Tuesday tomorrow. 

Emotionless OTC Trading

I am currently clearing out my portfolio of those stocks that I’ve grown attached to in hopes of bounce backs. When is enough, enough? 30%, 40%, 50% negative gains? Say so long to these toxic positions.  Once again…stick to the rules you set. No emotion. 

04/25/17 OTC Trading Day

Bloody Tuesday. Always seems to be the case in OTC thus far. New Tactic: sell off Monday. Buy/rebuy Tuesday’s for a discount. 

04/24/17 OTC Trading Day

Disappointing day thus far. I’ve been eyeing $GBHL since last week, did the DD, and thought it looked great. I however bypassed it for hype today and ended up missing out on a 124% return. Loaded on $ORRV, $INMG, and $PUPS today. Fearing the pump and dump, I got out of $PUPS end of day with a nice 30% return.  …

04/24 – 04/28 OTC Prospects

Add ORRV in here as well. It’s my first time using DDAmanda for tip offs on what to look at. ORRV has been buzzing around on social media so I figure I’ll take a look (ticker name change in the works). PUPS is supposedly a future BigMoneyMike call on his newsletter.  Interesting to see how that runs.  I have long …

First post.

Due to lofty goals and a nagging itch over the years to get into trading, I’ve finally made the jump. Of all places, I chose the Wild Wild West of  trading – Penny stocks. This will be an interesting journey which I will document here for personal reference.