Playing the trips

Why you ask?

Because they can garner greater gains faster. Greater risk but gains will offset the losers.

Playing trips smart.

Spread your plays out over several. A fast uptick in one will cover three to five plays you are waiting to develop. The others will make it or not and become a non-issue if they don’t.

Restrict your plays to $500 to $1000, max $2500. Never risk it all in one.

Once you play one and cash out don’t reenter unless the chart is right . Moving on to the next play is best but if the chart is telling you to get back in do so.

Sell on the rise. If you break the orders up you can keep MOMO going. Placing a huge sell can kill the MOMO.

Know the players on the stock board. They are key to impending runs. Check back as far as a couple of months for clues that were posted. Bashers and pumpers are usually working in tandem. When the pumper leaves and the bashers come in that means the pumper needs more shares. Learn who works with who.

Know how to read the charts and when to enter and exit. If you are looking to hit one out of the park you will lose it all. Take your gains when you can. You can and will make 100 to 500 % gains regularly if you play the charts right.

Don’t get ancy because the play isn’t developing right now. Plays take time. When you sell out breaking even it will run the next day.

Never let a NO-BID scare you. I have done well in NO-Bids. You just need to know when to play them. Look for volume spikes back a ways. Some will be months before. Note the MM’s like the V’s and if they are in front on the ask. If the known diluters are way back and you have good volume spikes generally you are setting up for a run. Currently I have at least a dozen former NO-BIDs that setting up real nice for a run into the doubles.

Remember time is your friend. Be patient and let the rewards come to you. Never chase one.

Most of all remember that you can make your gains $100 at a time over and over. 10 trades @ 100% a day is a healthy return.