Posted On: 03/17/2016 9:02:31 PM
Post# of 713
It is probably worthwhile mentioning that - whatever people believe about Remuda or indeed eventually transpires to be the case - and I don't know the answer - in the last 7 business days it has traded 1.516 Billion shares.
Except for about 15M at each of .0003/4/5 on March 9, all that has been in the range .0006>.0017 (realistically > .0016).
There was also 89M + 92M traded in the 2 days before that but that was mainly people flipping .0003>.0005 and is not significant in the grand scheme of things.
However, you view it - with that many shares traded and daily extreme swings - anyone who cannot make a profit shouldn't be trading at this end of the OTC market. All you have to do is know how to read Level 2, watch it continuously, learn how to spot the various games played, ignore charting nonsense, stay cool and be decisive.
Easier said than done for some it would appear !
Except for about 15M at each of .0003/4/5 on March 9, all that has been in the range .0006>.0017 (realistically > .0016).
There was also 89M + 92M traded in the 2 days before that but that was mainly people flipping .0003>.0005 and is not significant in the grand scheme of things.
However, you view it - with that many shares traded and daily extreme swings - anyone who cannot make a profit shouldn't be trading at this end of the OTC market. All you have to do is know how to read Level 2, watch it continuously, learn how to spot the various games played, ignore charting nonsense, stay cool and be decisive.
Easier said than done for some it would appear !
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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