Quote:
Originally Posted by AdultPornMasta
Expensive lessons learned and so not likely to be forgotten!
Refine your technique and you will get it right. Look for a penny stock that is being manipulated, determine the pattern and time of day that it ait bottoms and peaks, then go from there.
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The way these are priced is always funny.. trying to figure out what intraday highs and lows mean seems like a real exercise in futility to me, most times. These lessons I wouldn't call them expensive- I just wanted to get a "feel" for trading. Most of them were based on half of nothing and just me dicking around
I spent a LOT of time culling my subscribtions to newsletters and have it down to a few promoters which seem to be successful most times.. I STILL don't understand why a giant like awesome penny stocks will be so successful and do a 400k promo and then turn around and do one for "10,200 BRL" which is nowhere near as successful (on SWVI).. I guess maybe they got shares, too?? Still - they didn't make much of a promo of it.
Basically I unsubscribed from all of the stupid ones which often do 5k promos and don't have much success. . I tried to determine their worth based on things like alexa rank for their main sites and shit like that but it doesn't seem to mean anything anymore