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Jason777
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Introduce Yourself Here - Don't Be Shy!!
Jason777 replied to trading4life's topic in Beginners Forum
Thanks. I see your point. But also, these low stocks, penny stocks, from my observation, move so quickly from minute to minute on an individual basis, that for short term (Day) trading, the volume wouldn't mount much on a large scale. By examining stocks and keeping a log of several stocks and watching alerts from Investors Hub, I have seen some trends. For instance, this past week, Thursday, all the markets went down, including the OTCBB, and the stocks I was watching went down as well. Friday, 4 of these stocks went back up and above there Thursday opening, which meant I would have profited if I was doing live investing. one stock, opened Thursday at .40 and ended at .25. Friday that stock closed at .75. A 200% gain. Of course I saw this throu my research so I immediately jumped on it through my papertrading. And it worked out. Just an idea. Doing the research through the several online sources has helped me spot these stocks and I am looking forward to trying them out with live investing here in a few weeks. I'm giving myself a little while longer of paper trading and research. I am finding it fascinating and fun and has been occupying my time. But of course, with all trading, you should always use good judgement and remember there is always a risk. Doing this research and continue doing so. Its fun and have been enjoying it. -
Introduce Yourself Here - Don't Be Shy!!
Jason777 replied to trading4life's topic in Beginners Forum
Hey guys, just wanted to introduce myself. I am new to trading. Interested (at the moment) in penny stocks (yes, I understand the risk as well as the gains). Been doing some paper trading, reading up and staying connected with the OTCBB boards, and other sites. Well, the time is getting close to getting my feet wet. Through the paper trading, I "lost" alot at first, but began slowly "getting" the grips of it and now seeing my gains increase. I am still looking for a broker firm. Im not rich at all and need to find one that will let me open an account with a very minimum balance. WIll continue to do paper trading along with llive trading to continue to learn the market. My goal is to eventually do full time trading. I have no family (at the moment) and not much else. So I really have nothing to lose,a s long as I do it conservatively. Thank you for bringing me onto the forums. I hope to at least be able to chat about the Market and learn some as I go along. Jason