HotStockMarket › Forums › Stock Market How To › Stock Market Education › Ten Trades to a Million Bucks?
New Posts  All Forums:Forum Nav:

Ten Trades to a Million Bucks? - Page 16

post #301 of 412
Thanks for that link Bio.

I'm gonna be in on this game with you guys, although I may start with 500 as I'm not the richest person here.

I like the idea of moving the SL to the buy-in, perhaps once the stock goes up 20%?

As in if we bought in at 1.00, and it went to 1.20, we would move the SL to 1.00.
post #302 of 412
Anyone checked out KING. There is a thread on here somewhere.
post #303 of 412
Quote:
Originally Posted by benyl
Anyone checked out KING. There is a thread on here somewhere.
By the looks of the chart, KING looks decent. Good volume today and up 10%. It may have found its support area at a little above $0.04. However I do not know if this fits the rest of the criteria for our strategy. Do some DD and post it for us benyl and we'll make a solid decision based on the findings. Who knows this could be another potential doubler!
post #304 of 412
Thread Starter 
Can you guys teach a newb something? I looked at the chart for KING and all I see is a SOLID downtrend. Indicators are turned up right now, but that's all. A good lottery ticket? Maybe, but I don't see how this could be a smart trade.

What am I missing?
post #305 of 412
Quote:
Originally Posted by Blooey
Can you guys teach a newb something? I looked at the chart for KING and all I see is a SOLID downtrend. Indicators are turned up right now, but that's all. A good lottery ticket? Maybe, but I don't see how this could be a smart trade.

What am I missing?

Watch for it to break the downward trend line and then break resistance between 5 and 6 cents, preferably with increased volume .
post #306 of 412
EQBM is dropping hard this morning...
post #307 of 412
Quote:
Originally Posted by bigblackhole
EQBM is dropping hard this morning...
dropped another 5% this morning. trading at $0.01 now.
post #308 of 412
It broke the 0.01 floor, so I had to sell out.
post #309 of 412
I'm still holding half my original position. I sold some near .016 to play another stock. It's back at support, but there is little volume and not much interest.

We'll see what happens next week. Nice little hammer formed today.

Quote:
Originally Posted by amohedas
For the record: I'm still holding EQBM as the next double pick. I'm really busy right now, but next week I'll come up with a bunch more potential plays etc.

post #310 of 412
well i'm trying this too, but with $1.00-3.00 stocks.the ones that i think can double quickly ex: tech and bio tech.but i found bio-t's are riskier like in GNBT.but ONI tripled (& i got out)and i just got ONT @ .79 and EONC @ 1.58. these can double by years end.good luck!!
post #311 of 412
Here is an idea that my brother and I are formulating. After being stuck in the mud with 90% of our investment in CSHD, we concluded that we will try to maintain a +10% a day. It hasn't been that hard to keep up either. Because we are now poor, we put $1000 into our scottrade, $500 in one stock and $500 in another. We now trade the bottom of a trendline instead of the top, and what do you know, it works. Once the 2k level was reached we put 1k in 2 stocks until we have 4k, then we put 1k in 4 stocks. Now once we have 8k we will start putting 2k in each until we can safely trade 8 to 12 stocks. Side note: why trade breakouts and the tops of charts on impulse? If you trade a trendline at the BOTTOM, it will take you weeks to actually start loosing money. If you are loosing money by trading and don't know why, first give some money to the poor for karma and then try this method! It works, pm me for more details. Good trading!
post #312 of 412
I think it would be difficult to consistently score 10% per day. (not that doubling 10 times is any easier)
post #313 of 412
Quote:
Originally Posted by amohedas
Let's worry about getting our first double.
Wow, why haven't I found this thread until now! I like the idea! Ya'll know what I've noticed is that stocks that drop deep out of their downward channels (below the bottom trendline) pretty consistently bounce back hard!
post #314 of 412
Care to share which stocks you have been scoring 10% per day off?

Quote:
Originally Posted by BennyBGood
Here is an idea that my brother and I are formulating. After being stuck in the mud with 90% of our investment in CSHD, we concluded that we will try to maintain a +10% a day. It hasn't been that hard to keep up either. Because we are now poor, we put $1000 into our scottrade, $500 in one stock and $500 in another. We now trade the bottom of a trendline instead of the top, and what do you know, it works. Once the 2k level was reached we put 1k in 2 stocks until we have 4k, then we put 1k in 4 stocks. Now once we have 8k we will start putting 2k in each until we can safely trade 8 to 12 stocks. Side note: why trade breakouts and the tops of charts on impulse? If you trade a trendline at the BOTTOM, it will take you weeks to actually start loosing money. If you are loosing money by trading and don't know why, first give some money to the poor for karma and then try this method! It works, pm me for more details. Good trading!
post #315 of 412
Some news out today. Volume Pop.



post #316 of 412
GRSR buy in trigger at $0.90. However its been holding support around $0.65 for a while now. May be a good entry at support if your looking to make a few %. Resistance will be around $0.90.
post #317 of 412
Alert of CLBE. Up a bunch today, almost at buy-in trigger of .05
post #318 of 412
Looks like CLBE just needed to pullback into the .03s to set off some buying pressure. Nice.
post #319 of 412

CLBE .06 - That's the Ticket!

Quote:
Originally Posted by amohedas
Looks like CLBE just needed to pullback into the .03s to set off some buying pressure. Nice.
I think CLBE the buy-in trigger would be .06 NOT .05.

Look at my posts on the thread about the weekly chart.

The weekly chart's top bolli is currently .06.

And I remember previously that being a level of rez.

That would give you the perfect oppurtunity to double CLBE @ .12, as that, I believe, is the previous high.

.03 was the prime entry (where it didn't get too tho).

WATCH CLBE.





Note:

CLBE will need a lot more volume for this run to be legit
post #320 of 412
So long as we're looking for lofty targets,

I do think DKAM might go to $5.00



I'm already in @ 1.05.

But I'd say, for those looking for entry, to look to $2.50 break on volume

Note: whether or not DKAM fits the criteria, I haven't yet looked. You guys might want to thou
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Stock Market Education
HotStockMarket › Forums › Stock Market How To › Stock Market Education › Ten Trades to a Million Bucks?