cheap stocks
#441
#442
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Joined: Dec 2001
Posts: 3,922
Likes: 393
From: Indianapolis, Lake Cumberland
BKKT had an amazing run from $8 late last week and topped out with a $60 print early this am right after the pre-market trading opened. It has gotten destroyed since. That's why you cannot chase these thing when they are up so much. 95% of the time you will get killed. I didn't get out at the high on any of my BKKT or EQOS but I did great overall. Good luck and happy trading.
#443
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Joined: Jun 2007
Posts: 7,309
Likes: 1,815
From: Merritt Island, FL
BKKT had an amazing run from $8 late last week and topped out with a $60 print early this am right after the pre-market trading opened. It has gotten destroyed since. That's why you cannot chase these thing when they are up so much. 95% of the time you will get killed. I didn't get out at the high on any of my BKKT or EQOS but I did great overall. Good luck and happy trading.
#444
I meant no offense to what you do with the gambling reference. For me personally, that's what it's like. I don't spend the time researching companies to see what the next trend will be. The best I can do is watch the morning news and hope I can get an idea from there!
#446
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Joined: Oct 2010
Posts: 1,621
Likes: 402
From: Cheboygan, MI
I find that my timing just purely sucks. I miss the peaks but I always seem to make decent returns so I stick with it. I jumped on NSAV when it was .009 and bought more at .02, I should have jumped out when it hit .12 but I didn't and now it's currently at .056. If I had better timing I would be retired now. I need to pay closer attention to this forum.
#447
Registered

Joined: Dec 2001
Posts: 3,922
Likes: 393
From: Indianapolis, Lake Cumberland
I meant no offense to what you do with the gambling reference. For me personally, that's what it's like. I don't spend the time researching companies to see what the next trend will be. The best I can do is watch the morning news and hope I can get an idea from there!

#448
I was not referring to any comments that you made. Rather some comments previously that poo-pooed the idea that anyone could successfully trade stocks for a living. I get that a lot. It's an occupational hazard that stems from 2+ decades of people asking me what I do for a living - then watching them roll their eyes when I tell them, and have them coming back with something like, "Yea my brother-in-law tried daytrading. He lost his ass!" "You know it's just gambling, right?" 






