Australian (ASX) Stock Market Forum

Daffy Trades Micro Patterns under $1

Re: Daffy Trades Micro Patterns under 50c

Also IDT no chart shown just found it this morning.
 
Re: Daffy Trades Micro Patterns under 50c

Todays trades and some setups.

MICRO 66.jpg

MICRO 67.jpg
 
Re: Daffy Trades Micro Patterns under 50c

Todays stops and adjustments

Micro 71.jpg
 
Re: Daffy Trades Micro Patterns under 50c

Couple of additions to the watch list

micro 72.jpg
 
Re: Daffy Trades Micro Patterns under 50c

One stopped trade and 2 new ones


Micro 73.jpg

TNG


Micro 74.gif
 
Re: Daffy Trades Micro Patterns under 50c

This weekends interesting charts

Micro 75.jpg
 
Re: Daffy Trades Micro Patterns under 50c

I believe penny stocks suffer the most from market downtrends but you are still trading them Tech?
 
Re: Daffy Trades Micro Patterns under 50c

Ah
At last someone has asked---or in your case made a statement.

While strong down trends let just about anything long
I have made a conscious decision to continue trading this portfolio.
Taking a few strategies into the trades.
Pete is taking the stance in his thread to try and avoid down trends.

In my thread I'm looking for a balance and that is very difficult to
Implement.
That balance is having a position size that can make an impact on profit
Even if only one of the trades flys.
In doing that when a trade flips straight away on purchse the portfolio
Gets hit hardest.
You'll note I attempt to cut the loss when price reverses really quickly.

See I can't tell you when a trend in an index is going to happen.
I can't even e sure when a stock is going to get up and rock and roll!

But I do know that when there is even a settling in the market it will take
Only a few rockets to really boost profit.

I want to be there when they happen.
If you have a look at those few spikes we have got they came out of no where
Sure there were reasons but if you weren't on them you'd have been too late.

I'd love to be trading this idea in a bull market --- it would be a lot more interesting
And all portfolios being demonstrated in various threads would be doing brilliantly.

I don't know about you but I think keeping in front in these difficult times is more
Interesting than floating boats in rising tides
Anyone an do that!
 
Re: Daffy Trades Micro Patterns under 50c

Looks like the market will fall Monday too,but maybe some upside later in the week will give us plenty of Micro patterns TECH.
 
Re: Daffy Trades Micro Patterns under 50c

SOR re entered 16.5c
Also
MNS .46c
EDE .075c
 
Re: Daffy Trades Micro Patterns under 50c

Immediate weakness in EDE
stop to B/E .075c
 
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