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Daffy Trades Micro Patterns under $1

Re: Daffy Trades Micro Patterns under 50c

Punch drunk penny stock punting Tech? :) Not a question by the way.
 
Re: Daffy Trades Micro Patterns under 50c

Punch drunk penny stock punting Tech? :) Not a question by the way.

Its management of these smalls in very difficult times.
I'm pretty happy with this months results considering the beating
most indexes and portfolios have taken.

Its a pity that the structure of my portfolio management is lost on you!

This is a constructive answer by the way---as the above wasn't a question (Of yours)----do you have any?
 
Re: Daffy Trades Micro Patterns under 50c

August Wrap.

Closed losses.

SEN -$180
PEH -$120
MMJ -B/E
AUQ -B/E
SEH -$200
SXT -$300
MMJ -$300
CM8 -$400
TAS -$224
AWD -$89
IDT -$300
SOR -$180

Total losses August $2,239
Brokerage $180 Includes all new trades.

Closed trades at a profit.

MAH -$198
AHZ -$330

Total Closed trade profit $528

Open Trades In Profit.

VAH -$129
NMT -$240
VTX -$400
AQP -$228
BDR -Even
SOR -$240
MNS -$275
EDE -$80
CVT -$175

Total open profit. $1767.

Totals
Accumulated losses. Last month $3203
This Month $2239
Total Brokerage 396

Total $5838

Profits

Closed Profits last month $5961
Closed Profits This month $528
Open Profits This month $1767

Total $8256

+ less - = $2420

Return on Capital $30000

8%

Considering the beating the markets have taken in August I wasn't un happy with this months results.
 
Re: Daffy Trades Micro Patterns under 50c

Its management of these smalls in very difficult times.
I'm pretty happy with this months results considering the beating
most indexes and portfolios have taken.

Its a pity that the structure of my portfolio management is lost on you!

This is a constructive answer by the way---as the above wasn't a question (Of yours)----do you have any?
Yes Tech/A. You're buy-stop versus at-market entry percentage? Are your stop loss raises to break even on specific criteria? Are you looking for an outlier and will you risk holding a pull back in price for the greater move?

I am risk off with pennies but may dabble. :xyxthumbs
 
Re: Daffy Trades Micro Patterns under 50c

I buy most at market.
Some on buy stop
Never kept a record of those filled and those that I cancel

Stops are raised for a number of reasons.
Quick reversals on entry ring alarm bells .
High lows can also give rise to a shift.
Very quick rises in price can trigger a move to tightening
Lack of interest or very high volume into resistance another.

Yes you'll often get "Outlier" type moves in these types of stocks.
If things start moving in an orderly manner sure I'll hold through
Retracements.
I've kept all the closed charts and entries.
Only one is higher than when exited
All others are lower some massively.
 
Re: Daffy Trades Micro Patterns under 50c

Total Brokerage 396

Total $5838

Total $8256

+ less - = $2420

Return on Capital $30000

8%

Considering the beating the markets have taken in August I wasn't un happy with this months results.

Nor Should you be! Considering you had no shorts and are trading 50 centers. That's a great result! Thank you for sharing it and please continue!
 
Re: Daffy Trades Micro Patterns under 50c

Thanks for finding the time to keep going with this thread TECH, great result! Please continue!
 
Re: Daffy Trades Micro Patterns under 50c

Sold VAH this morning at 45.5c
This stock has stagnated so moving it on.
(Now watch it fly!)
 
Re: Daffy Trades Micro Patterns under 50c

One stop at B/E tonight.

Micro 84.gif

One old prospect re emerging

Micro 85.gif
 
Re: Daffy Trades Micro Patterns under 50c

Thoughts on PLS, Tech? Would it be considered a breakout from a range/accumulation phase?
 
Re: Daffy Trades Micro Patterns under 50c

PLS

Its a breakout from around 12c and a good one!

Don't know why I'm not getting it in searches!
But ill find out.
 
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