What got me interested in it was the premarket activity the day it ran upward. I'm a momentum trader so I judge my trades off of volume, and the news accompanied. News isn't everything but it helps validate the price action, I use seekingalpha for research.
@James_W
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Very well done on SKLN with spotting the bull flag on the 5 min daily chart and getting in after the pullback. You will be in the green in no time!
on my new setup on a look at the one minute one day comma 5 minute 2 day comma 15 minute and daily charts for the same stock as I watch it. it lets me look for patterns regardless on which chart they form on and then I trade based on that chart
The voice recognition doesn't always work right for me, excuse me for that. I had said thank you at the beginning as well, I really appreciated the support. =)
Glad to see SKLN playing out as planned, hope y'all made money. I got to sleep at 6am and then woke up at 12 to go back to work. I dont feel bad, there's always more
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Spot on with that SPU short. I owe you $1000 lmao
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@eatsleepprofit so what are you scanning for with swing trades?
@jfavila03 I scan for increasing volume but the key to swing trading is the daily chart setup. If its looking to break resistance especially with news. Ill ride it for a few days to see how it goes. My day trades have been on point but swings are tricky in these markets
Nice post but we removed links to outside profiles as remember I received several complaints about you in the past
Great post and it got me thinking. Maybe the best way is to make a "real" watchlist during the premarket? That way you can see what is currently "in play" and also check for news/daily chart/hype whatever but at least you know it's doing something since it's active premarket.
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I use thinkorswim by TDAmeritrade. Basically the best Paper Platform out there.
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Volume is fading really hard. Doesn't have the momentum to push and hold its gains, but still good luck
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@Legendario The problem is liquidity. BEGINNERS should not play OTCBB and if you do it should be a very small portion of capital. Not that they are bad to play but you can get screwed over fast. Personally I only keep 1 OTC stock in my trading folio at any one time.
@Rollingball , I'm sorry to hear your situation.. Best of luck in anything that you do.
@3dpancake You say it is NOT liquidity but, then you stipulate it needs $500K volume... that's called liquidity. I am saying, MOST OTCBB can be very illliquid and you can get stuck if you aren't using that as a primary gauge.
@3dpancake Good luck in your future trades.
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I have a lot of TOS info in my blog here. They have the best charts available but they do not have as many stocks to short as IB or ETRADE does. The TOS level to is if I had to grade it a C at best but useable. I use the TOS charts and have some $ in there to keep it real time and trade through IB. All depends on your needs.
@rbechan http://profit.ly/user/Palmer/videolesson/using-tos-to-scan-for-shortable-stocksyup-you-can
Where did you find RGSE shares to short. Been looking everywhere for them
@eatsleepprofit gotta be qik
RGSE I shorted over weekend because of being 1st red day also I shorted previously.
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