Let Candlestick Charts Lead the Way
Charts are like maps, the more information each chart provides the more likely you will reach your destination safely. Candlestick charts provide a more detailed and accurate map of the market than bar, line, or point and figure charts. I love candlesticks because they are so visual. You can quickly identify who is winning the [...]
5 Bar Reversal Buy Setup
The 5 Bar Reversal Buy Set up should be one of the primary tactics in your trading tool box. This tactic is great for picking up nice gains against the prevailing trend. This set up is deadly in all time frames ranging from the 5 minute to daily charts. What To Look For: – 5 or [...]
Penny Stock Questions
Here are some of the most asked questions. If you have a question you don’t see the answer to please ask at info@otcstockexchange.com. What are penny stocks? According to the US Securities and Exchange Commission the term “penny stock” generally refers to low-priced (below $5), speculative securities of very small companies. Most traders consider stocks [...]
Glossary
Below are some of the most common terms used in trading penny stocks, if you do not find a term you are looking for in this section check under Technical Analysis Terms, Brokerage Terms, or Stock Slang Terms to find the answer: Accumulation: The act of buying more shares of a security without causing the [...]
Technical Analysis Terms
Here is a list of common terms associated with reading stock charts: Bar Chart: A popular way to display and analyze financial price information in graphical form. The horizontal axis of a bar chart represents the passage of time with the most recent time periods on the right side while the vertical axis represents the [...]
Brokerage Terms
Here are common terms associated with stock brokers: All or None: A type of order issued to a broker by a buyer or seller to fill the order completely or not at all. There are no partial transactions. Ask: Also known as the “offer”, the price that the market maker guarantees to fill a buy [...]
Stock Slang Terms
Here are few terms you may here said by other traders, and/ or newsletters/ websites (let us know if there is a term not listed that you are having trouble deciphering and we’ll post it) Momo Play: short for momentum play. Pumper: Usually person touting a stock they own on message boards and chat rooms, [...]
Pick Up The Pennies To Build Your Account
Human nature urges us to want more, more, more. It almost doesn’t matter what it is but it doesn’t matter. It isn’t enough. We need more. Nowhere is this truer than when it comes to investing in penny stocks. Most traders hold on to stocks too long. They are afraid they will sell to early [...]
How the Penny Stock Market Works and How To Take Advantage of It
If you are looking to trade stocks for short term profits and have the risk capital to do it, welcome, we are here to serve you. The great thing is, once you understand this market, half the battle is over and you are on your way to building your trading account. There is NO other [...]
When To Jump On The Stock Bandwagon
Imagine for a second that the stock market is like a bandwagon. There is music playing and everyone on board seems to be having a great time. There are cheers, laughter and fun had by all on board. As the bandwagon rolls down the street onlookers start to jump on. A few early passengers start [...]