A word of advice to those who try and trade a stoc
Post# of 56324
Posted On: 07/15/2014 1:37:12 PM
A word of advice to those who try and trade a stock like FITX within a fixed trading range. When the news hits that they have a license and or something even bigger, you need to have some shares in the bank because on the OTC it becomes hard to buy shares when it's running hard and FITX will run hard. Forget about getting a limit order filled, you'll have to buy with a market order and more than likely will miss out on quite a bit of the run up. If you close your position every day you could miss big time. If news hits after hours FITX could open up over .10, .15 or even .20, that would be a huge opportunity missed.
If your holding shares long and also trading shares within a range that's ok otherwise it's time to quit trading and start holding. Personally if I feel a stock has huge upside that will come in a big run up I don't try and time it, just keep adding shares and holding for that day and that day will come, at least IMHO!
So you know there are some models out there that claim around .80 on a license so the potential for a huge opportunity would be missed!
As always, good luck to everyone and have a great day.........!
If your holding shares long and also trading shares within a range that's ok otherwise it's time to quit trading and start holding. Personally if I feel a stock has huge upside that will come in a big run up I don't try and time it, just keep adding shares and holding for that day and that day will come, at least IMHO!
So you know there are some models out there that claim around .80 on a license so the potential for a huge opportunity would be missed!
As always, good luck to everyone and have a great day.........!
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