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What do I look for when I trade OTC stocks?
I look for a hot sector: Known as "In sympathy"
Low share structure: refer to http://www.otcmarkets.com
Quality Chart/Key signals: http://www.stockcharts.com
Remarks: I like buying stocks when no one else is watching or when they are hated
I look for a hot sector: Known as "In sympathy"
Low share structure: refer to http://www.otcmarkets.com
Quality Chart/Key signals: http://www.stockcharts.com
Remarks: I like buying stocks when no one else is watching or when they are hated
-Pink Current/OTCQB is preferred but not my end all
-I typically hold stocks that hold a Moving average and pattern
- I avoid stocks with over 2 billion a/s or bloated triple zero stocks ( I have taken stocks over like $STWC .0002-.0024)
-Not much of a fan of stocks below .0004
-I typically hold stocks that hold a Moving average and pattern
- I avoid stocks with over 2 billion a/s or bloated triple zero stocks ( I have taken stocks over like $STWC .0002-.0024)
-Not much of a fan of stocks below .0004
I believe in my plays but do not use emotion as my driver
-I create a buy zone
-I Scale into my buy zone based on my entry
-I Set and Scale my sales up for GTC
-If my OTC stock closes below my mental stop on 2 consecutive closes I exit the trade (Same as Small Cap and Option)
-I create a buy zone
-I Scale into my buy zone based on my entry
-I Set and Scale my sales up for GTC
-If my OTC stock closes below my mental stop on 2 consecutive closes I exit the trade (Same as Small Cap and Option)
-I do not join many chatrooms or follow 1,000
(Too much information is noise)
-If I know the share structure is small and it correlates with the Chart I avoid Level 2
-I use Level 2 for entry not my exit
-I avoid IHUB and negative forums
(Too much information is noise)
-If I know the share structure is small and it correlates with the Chart I avoid Level 2
-I use Level 2 for entry not my exit
-I avoid IHUB and negative forums
Tips:
-Have a notebook, create a watch list
-Track people you follow do they really help? or are they inconsistent
-Set profit margins Trade like you tie your sneakers build trading habits
-Buy Zones
-Profit Margins
-Mental Stops
-Patience + Discipline = Profits
-Have a notebook, create a watch list
-Track people you follow do they really help? or are they inconsistent
-Set profit margins Trade like you tie your sneakers build trading habits
-Buy Zones
-Profit Margins
-Mental Stops
-Patience + Discipline = Profits
#Promotion and #SocialNetwork is big piece of the puzzle. Build your #Twitter #Facebook with quality content:
If your a trader focus use #Socialmedia as a tool:
Get your stock info out there for the world to see.
Build a following
Everyone loves a great track record!
If your a trader focus use #Socialmedia as a tool:
Get your stock info out there for the world to see.
Build a following
Everyone loves a great track record!
My thoughts on .0001-.0004 Stocks:
High Risk
High Reward
Trading from .0001 to .0002 is a 100% or higher
Buying a stock at .0002-4 Potential of 50-100% risk of loss
New traders are at risk losing entire capital.
Make sure to check http://www.otcmarkets.com for share structure
High Risk
High Reward
Trading from .0001 to .0002 is a 100% or higher
Buying a stock at .0002-4 Potential of 50-100% risk of loss
New traders are at risk losing entire capital.
Make sure to check http://www.otcmarkets.com for share structure
Share structure:
Authorized Shares
Outstanding Shares
Float
OTC: I typically avoid over 5 billion a/s this is a personal rule of mine.
Typically I look for a reasonable shares
Remarks: Think of laws of economics: Supply and Demand
Lower the Price
Higher Demand
Higher price
Authorized Shares
Outstanding Shares
Float
OTC: I typically avoid over 5 billion a/s this is a personal rule of mine.
Typically I look for a reasonable shares
Remarks: Think of laws of economics: Supply and Demand
Lower the Price
Higher Demand
Higher price
Create a log book and work on a Trading Log:
See how many .0001-.0004 plays have worked.
How many have failed.
How much have you lost.
If you made more and the strategy works, continue
But if you see that its keeping your trading stagnant adding more money to account.
Stop
See how many .0001-.0004 plays have worked.
How many have failed.
How much have you lost.
If you made more and the strategy works, continue
But if you see that its keeping your trading stagnant adding more money to account.
Stop
To my #RSP #Tradingverse
I ensure to give low share structure plays with Chart setup:
Plays are carefully calculated based on Price Pattern Time (Chart)
Rule of 3
Chart
Sector (Catalyst/Sympathy)
Share Structure
Twitter is used to get best info out
#fulltransparency
I ensure to give low share structure plays with Chart setup:
Plays are carefully calculated based on Price Pattern Time (Chart)
Rule of 3
Chart
Sector (Catalyst/Sympathy)
Share Structure
Twitter is used to get best info out
#fulltransparency
The Law Of Infinite Return:
Start off with the Least amount of money Ex. $500
Set a reachable Goal: Ex. 5k
Create a Profit Margin: Keep it personal and close to your heart (Say this number repeatedly) Draw it tape it to your p.c
When you get to 5k take Initial 500 out
Why?
Start off with the Least amount of money Ex. $500
Set a reachable Goal: Ex. 5k
Create a Profit Margin: Keep it personal and close to your heart (Say this number repeatedly) Draw it tape it to your p.c
When you get to 5k take Initial 500 out
Why?
Profit margin will keep you disciplined
Reachable Goal: Will build an excitement to destination
Remove Initial investment to Mathematically never lose money ever again.
This will build unemotional attachment to money
Now you are playing with house money
Reachable Goal: Will build an excitement to destination
Remove Initial investment to Mathematically never lose money ever again.
This will build unemotional attachment to money
Now you are playing with house money
Tip of The Day:
Do not focus into perfect bottom of a run or selling at perfect top of a run:
Focus on the Meat:
- Create a Buy zone use a plan:
- Scale into Buy zone:
- Set your sell orders scaling up into your profit margin
- Mental Stop
#Tradingverse #slowsteady #growth
Do not focus into perfect bottom of a run or selling at perfect top of a run:
Focus on the Meat:
- Create a Buy zone use a plan:
- Scale into Buy zone:
- Set your sell orders scaling up into your profit margin
- Mental Stop
#Tradingverse #slowsteady #growth
TIP OF THE DAY:
Bullish Signal: Descending wedge break
Remarks: Look for wedge pattern to create buy zones, when a stock breaks above that wedge and confirms usually breaks out
Trade the bullish patterns
#RSP #tradingverse
Bullish Signal: Descending wedge break
Remarks: Look for wedge pattern to create buy zones, when a stock breaks above that wedge and confirms usually breaks out
Trade the bullish patterns
#RSP #tradingverse
TIP OF THE DAY:
IF YOU ARE FOLLOWING SOMEONE AND THEY GIVE YOU A STOCK WITH OVER 5 BILLION A/S , you should re-think the follow:
IF SOMEONE GIVES YOU a stock with 10 billion a/s just unfollow that person
To find out the type in symbol in search box
http://www.otcmarkets.com
IF YOU ARE FOLLOWING SOMEONE AND THEY GIVE YOU A STOCK WITH OVER 5 BILLION A/S , you should re-think the follow:
IF SOMEONE GIVES YOU a stock with 10 billion a/s just unfollow that person
To find out the type in symbol in search box
http://www.otcmarkets.com
How to get passed PDT :Pattern Day Trading
Open Several Accounts:
Open 2 accounts per Broker:
#Etrade: OTC , Small Caps Options
#TDAmeritrade: OTC Small Caps Options
#WeBull: Small Caps Options
Save passwords on P.C:fast login and when you get to 2.5k request Margin upgrade
Open Several Accounts:
Open 2 accounts per Broker:
#Etrade: OTC , Small Caps Options
#TDAmeritrade: OTC Small Caps Options
#WeBull: Small Caps Options
Save passwords on P.C:fast login and when you get to 2.5k request Margin upgrade
Tip Of Day:
Social Media And Forums are A Great Trading Tool:
Content is key:
Focus on:
#Quality Info
#Autotelic realtionship with followers: #Heart and #Mind connection
Avoid:
Low Frequency
#Negativity
#Noise
#Drama
#Arguing
Disputes
#UnconditionalLove #stateofflow
Social Media And Forums are A Great Trading Tool:
Content is key:
Focus on:
#Quality Info
#Autotelic realtionship with followers: #Heart and #Mind connection
Avoid:
Low Frequency
#Negativity
#Noise
#Drama
#Arguing
Disputes
#UnconditionalLove #stateofflow
Tip of the day:
Taking position: Rule of 3 Trade:
1- Do not hesitate : Taka starter ex. 30% of intended trade:
$900 Total : take a starter at $300
Reason: This prevents you from chasing
2- Add a pull back , if the stock pulls back, embrace it and add rest
3: Set sell GTC
Taking position: Rule of 3 Trade:
1- Do not hesitate : Taka starter ex. 30% of intended trade:
$900 Total : take a starter at $300
Reason: This prevents you from chasing
2- Add a pull back , if the stock pulls back, embrace it and add rest
3: Set sell GTC
Executing sells:
Create a Private Profit Margin ride Free shares:
1- Set sells scaling up to your profit margin in lots
ex 1,000,000 shares at .002 Profit Margin 100%
Scale Sell 200k @ .003 Sell 200k @ .0033 Sell 200k @.0036 Sell 200k @.004
Possibly ride 200k Free higher
Create a Private Profit Margin ride Free shares:
1- Set sells scaling up to your profit margin in lots
ex 1,000,000 shares at .002 Profit Margin 100%
Scale Sell 200k @ .003 Sell 200k @ .0033 Sell 200k @.0036 Sell 200k @.004
Possibly ride 200k Free higher
Re entering quality plays:
As I have said in the past , stocks are like vacations;
If the destination was a success you will go back:
Trading is the same way:
Re enter stocks at key levels of support when there is volume interest and solid chart (Rule of 3)
As I have said in the past , stocks are like vacations;
If the destination was a success you will go back:
Trading is the same way:
Re enter stocks at key levels of support when there is volume interest and solid chart (Rule of 3)
Tips on How to Trade using the Rule of 3 methodology:
Those interested in mentorship send a message via d.m to set up an appointment
Limited Time Only:
Please Like Share Comment below:
Those interested in mentorship send a message via d.m to set up an appointment
Limited Time Only:
Please Like Share Comment below:
