3SOF

KONG runs 20%+ only a few days after contest ended lol darn
congrats boatguy

i don't see why 75% of us are losing money in these stocks. Is it just a brutal market to hold these days. Or are we all just bad pickers.

the stock was pumped because it merged with a holding company and became its shell. Supposedly the stock is going to halt one of these days and magically come back at 15$ a share. Its a lottery ticket, if it doesn't happen, it'll drop like a rock.

majority of your 60$ profit is going towards commissions

a lot of people have been getting burned by the market lately. Is it only us OTCBB/pink players? I started with 8000$ and i'm at about 5500$. I am new at trading so I didn't expect to make a lot of money, but I did gain a lot of experience. I really like your trading style, you seem to put a lot of money into the stocks that go up a lot such as PAIM and LWFK, and not as much in the losers, teach me how to do that lol. Your portoflio seems to swing wildly but I am actually using the same strategy, go big or go home. Thats what you to have a chance to get to 50,000.

If you see a stock at its HOD (highest price of the day) with a lot of volume, at least a few million, its a safe bet, but you have to get out fast, take 5-10% and run with it.
Today IGAI.ob went up 1300%+ but ended the day with like 700% so you can see why you need to exit fast.
This is today's one day chart of IGAI.ob
To spot these, i recommend goto to http://www.microcaptrade.com/ind/index.html and the first page will list about 5 stocks that have the biggest volume, and try to buy the one that has gone up the most. Don't hold these stocks, watch them like a hawk on level 2.
This doesn't happen everyday, but all it takes for you to make your goal is 1 of these.
FHAL and PAIV also ran hundreds of percents last week.

those 2 positions you made so far are far too small, i'm guessing its because you are still waiting for the 3000$. You're paying about 5% of your gains just for the commissions on each of those 2 stocks. BGO looks good on your list, sharpeyed.com is pumping the precious metals thinking gold will make a rebound.

don't let 7$ each way fool you, once you pull the trigger, you're going to give the broker 14$ no matter what, yes even when the stock goes down.

I started with 8000$ and I've made about 50 trades within 6 months with Ameritrade at 10.99$ per trade (now 9.99). Thats $549.50, thats about 7% of my money used on commissions. So even if i net 7% for the 6 months (average for most mutual funds), I have only broke even.

You will be week trading so thats about 40 round trip trades (80 single trip) if you buy 2 stocks each week and sell them at the end of the week until New Years (5 months). 80 trades x 7$ per trade= $560. Which is 15% of your money if you invest with $3700. Most professional traders would be happy to make 15% in 5 months, which is about 36% a year. To reach your goal of $15000 after subtracting $560 in commissions, you'll need to gain 420%.

Yes, i know it'll go up faster once you make more, but if you lose on some early on, that 420% goes up way higher also. I'm not trying to bash your goal or anything, its a lot better than $50,000 but maybe still unrealistic. I would love to see you hit 15000$ and I'll be watching your progress and maybe pick up on a few of those week trades myself. Most people come into investing with high hopes, so did I. Just remember to set tight stops to minimize your risk, I've gotten burned really bad by not doing it.

Terliso's suggestion is probably the best, which is buying volatile penny stocks which go up 100%+ in a day, remember to get out early because the liquidity and execution for penny stocks is very poor. Really big volume is always a good final indicator that a stock is "safe" enough to buy into and get out in one piece. http://www.microcaptrade.com/ind/index.html is a good place to go, on the front page it displays the top volume stocks, play the ones that are going up (but not if it has been going up for more than a day or two. For stocks with A LOT of momentum, use the 3 day rule just to be safe.), don't try to catch the ones falling down because they fall hard.

Good luck and may the force be with you

Disclaimer: Everything i just said is my opinion, i am new at trading, words that come out of my mouth are wrong a lot of times. My calculations are based on my own numbers and probably erroneous, i was never good at math

GSPG, AOOR, CBCL

maybe those, don't quote me on them haha

I know you're female and all, but you got BALLS! good goin

3 in the green, of which one is .3%
the stock market seems like a bad place to be in right now

Hmm, I have Ameritrade also and I don't use anything except level 2, maybe thats why I'm such a bad trader. Its scary to buy into a stock that has risen 30% ya know, and its scarier to see it at 150% an hour later.

CHDT is coming down now, and XKEM is on the rebound.

ya technical difficulties are a pain, like when Ameritrade was down for hours while my pump and dump AMRE crashed. 20 free trades doesn't make up for 1000$ in loses haha. Whenever I see +50% I usually think to myself, thats way too much gain, wait for a pull back. 5 minutes later, it says +150%. ahh

break through .05 took about 4 seconds. a lot of bullish power left in this beast.
Usually 999 ARCA scares me, but its at the bid at .50 so I actually like the MM today