Watch Bob videos as well it will help with recent stocks http://profit.ly/user/Turbobob
Personally I rarely use stops. Only, on stocks I don't think can recover losses quickly or plays I am not 100% confident in. Getting stopped out is a real easy way to lose a crap load of money. IMO stops are the devil.
(Total novice trader here) Oh, I would suggest figuring out the stop ratio based on the price, volume, & market cap of your stock choice. There has to be some exact math ratio for your issue.
Thanks for the feedbacks guys!!
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Ask your question. What's my plan on this trade. you gonna say, when it hit x price I am out with profit, if it hit x price I am cutting my loss. Always learn to take profit & pay yourself at least half and keep the half on break even. Don't take loss on profit trade. your risk the half on break even
Don't forget, Profit ads up. 278 + 30 + 80 = xxx. next few days you repeat. everyday stocks goes up and down. in/out
These penny stocks can have a very short lifespan. Sell into strength and build your account. You have to think that this trade is not going to make me $5000 but it can make me $100 or $150. Forget about the money you left on the table if you get out too early. You aren't investing in these stocks,, you are trading them. Earnings winners can run for weeks but you have to get in at the exact right moment to stay in or go in with a smaller share size to withstand the volatility.
You'll get more singles up the middlle vs. triples and home runs. Get your 'batting average up' first. Then take a larger share size, take 1/2 off at your target and let the other half run but never let that remaining half eat into profits you already banked.
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In addition to what you mentioned above. if you feel you are not not sure about some patterns or you want to try something new. do that on paper trading. no need to rush. Build solid knowledge before it pays off. Good luck
Thank you a lot for your advice. You're right, I'll work on that to be better prepared. Good luck
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bought CLDX at 4.09 but moved my stop loss when it went up. it pulled back a little bit and took me out :(. Now its going up again. No loss / no gains.
Thank you
Wow the madness VCEL in real time right after the halt: https://youtu.be/K_yHfFm2JAE
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good analysis. Thanks!
Awesome Bob, keep up the good works
Is anyone watching the TTII pump? I think its insane
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Thanks for the feedback guys, the only reason im interested in PGF.TO is because Seymour Schulich a billionaire just bought 14.5%
no worries. seems PGF.TO resistance seems need big vol to break it. in this case I would only buy the dip. Good luck guys.
Thank You Both... $$
Thanks!






Thanks
I had 800 shares of TRXC and sold 500 hundred of em and made about $300. Thanks for the info about the breakeout. I got in a little early and with the news video on it figured it might hit new highs. Unless it keeps going up Wednesday I will get out at some point. Hope another pump comes out for it. I appreciate your early info on different stocks your watching. Thanks!
is there a reason I can't watch any of your vids? Says "error loading player: No playable sources found".
@Turbobob Thank you so much for answering! I assumed as much but wasn't 100% sure. Have a great trading day!
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