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, April 28, 2014
Trades - SPMI & POIL
SPMI - Sold all shares at around .007 for a small loss. The stock broke it's 20 day EMA, therefore a bounce was not imminenet.
POIL - Bought 10,000 shares at .19. This stock is way oversold, and was in the .30's not long ago.
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