SING - Sold all shares at .0191 for a decent loss. The stock had a lot going for it, but I noticed a lot of large blocks being placed at the ask. This ultimately kept the stock from running higher, despite many indicators showing that it should. Once I realized I was fighting a losing battle, I sold. This one really cost me though.
OPXS - Sold all shares at .017 for a small loss. I sold this one to buy more NEWL, which I think has great potential
NEWL - Bought and sold this a number of times for profit already. I am currently all in at an average of .077. I think this one has the potential to be a huge gainer. Could see anywhere from .15 to $1.00 on this one.
Small Time Trading
I started this blog, because I have seen a lot of sad stories out there from new traders and people with smaller accounts. My belief is that small time traders have to trade a little differently than those with big accounts. My plan is to answer any questions that traders have and to post tips and strategies that will help small time traders. Accounts with $1,000 to $15,000 in them.
Monday, May 12, 2014
Wednesday, May 7, 2014
Trades - SING & OPXS
SING - Added more shares at .023. News out today.
OPXS - Started a position here at .0176. News is expected next week.
OPXS - Started a position here at .0176. News is expected next week.
Tuesday, May 6, 2014
Trades - KIDB & SING
KIDB - Sold half of my shares at around .20 for a gain of over $2,000 on those shares alone. Total gain so far has been over $4,000.
SING - Bought shares at around .023. If the stock makes it over .025, it should have a nice breakout.
SING - Bought shares at around .023. If the stock makes it over .025, it should have a nice breakout.
Friday, May 2, 2014
State of Affairs - 5/2/14
Things have improved since my last update, and the account is now at $7,300. Hopefully, the KIDB breakout occurs on Monday as I am expecting, and the account is back to it's 2 year high in profits.
KIDB
A good day today for KIDB, it closed at .145, up .026. With buying at the close, the bid/ask was .145 x .15. Setting the stock up for a breakout over resistance at .15 on Monday. The chart looks really really good. MACD has made the bullish crossover, and the volume and price are increasing. RSI is rising up out of oversold, which is bullish. See below:
Thursday, May 1, 2014
Trades - SING & KIDB
SING - Sold all my shares yesterday at .0145 for a $100 loss. I did this because, despite the good technicals, there continued to be large block sellers coming in. Unfortunately, once the one at .015 cleared yesterday, the stock hit .02 today. That is about a $1,000 opportunity cost.
KIDB - Put my remaining funds into this at .11. I really like the potential here for a move to .40. We'll see how that goes. I would expect a move up soon.
KIDB - Put my remaining funds into this at .11. I really like the potential here for a move to .40. We'll see how that goes. I would expect a move up soon.
Tuesday, April 29, 2014
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