Ok, enough of the big board swing trading ideas. I
Post# of 2561
Posted On: 03/23/2014 5:26:47 PM
Ok, enough of the big board swing trading ideas. I really like swinging the big boards because it's almost too easy sometimes. It is also something that allows one a very nice income whereas you are in charge of your own destiny. But making the huge 5, 10, 20 baggers and more, can only happen with the pennies. And they have been on fire for almost four months now. That day will end someday, and most of these penny, pinkshit stinkers are going to claim thousands of bagholders. Throwing darts at any of these MJ plays has been easy. Most are share selling scams that will come crashing down soon. Some will be huge winners as a new industry has been born.
In the meantime, let's make as much as we can, peel off good portion of those penny monster profits, and put them into the swing trading opportunities out there. If you get to the point where your account gets to $100,000 and more, there's nothing wrong with swing trading the big boards for consistent 10%-50% gains over a few days to weeks without the tremendous risk of the pennies. Of course, if you are great with doing your own DD and learn the OTC game, along with finding your ways thru the maze of crooks on both sides of the trade, then you'll do well. Be greatly aware of the pumping clowns, as they are compensated solely to pump up a stock, so the insiders and/or a large shareholder(s) who hired them, to allow the dumping of millions and millions of shares. Also, be aware of the lying filth that manufactures false information either in the hopes of collapsing a stock to enter cheap or to assist a continued decline for the abusive short crews to include the worst of all, the NSS and ANSS criminals. The current penny market has been the best in over twenty years. But make it quickly, stay vigilant, and don't allow yourself to be scammed. I know. I was there and lived it. It wasn't pleasant for me, my family, and many good friends. GLTA
In the meantime, let's make as much as we can, peel off good portion of those penny monster profits, and put them into the swing trading opportunities out there. If you get to the point where your account gets to $100,000 and more, there's nothing wrong with swing trading the big boards for consistent 10%-50% gains over a few days to weeks without the tremendous risk of the pennies. Of course, if you are great with doing your own DD and learn the OTC game, along with finding your ways thru the maze of crooks on both sides of the trade, then you'll do well. Be greatly aware of the pumping clowns, as they are compensated solely to pump up a stock, so the insiders and/or a large shareholder(s) who hired them, to allow the dumping of millions and millions of shares. Also, be aware of the lying filth that manufactures false information either in the hopes of collapsing a stock to enter cheap or to assist a continued decline for the abusive short crews to include the worst of all, the NSS and ANSS criminals. The current penny market has been the best in over twenty years. But make it quickly, stay vigilant, and don't allow yourself to be scammed. I know. I was there and lived it. It wasn't pleasant for me, my family, and many good friends. GLTA
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