Sir/ Ma’am, Please Step Away From The Computer
Sometimes the survival of our trading account depends on our ability to just walk away but it is just so hard to do. After all, you might lose the rhythm of the market or a huge trend might emerge or worse, the trade you have been patiently waiting for, for days (and you would have [...]
How To Make Money Routinely
Habit breeds Success Have you ever noticed some of the best free throw shooters in basketball do the same pre shot routines? Or baseball players make some of the same gestures before stepping into the batters box, whether it be kissing their cross or maybe touching their left shoulder? Athletes, especially successful ones, are creatures [...]
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 [...]