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Topic	Stock Topic 32
StartTheMachine 08/24/21 2:53:14 PM #125:	Sunroof posted... It is clear that the penny stocks are the way to go if you want triple digit gains (or in Blurs case, quadruple). They are super risky and Im thankful that my broker doesnt allow the trading of them. But with the right knowledge, it seems you can really do yourself a world of good. Well, most of my gains haven't really been from penny stocks. Or not the 5 cent penny stocks you're thinking of anyway. Most of my gains are from stocks in the $1 to $10 range. I still don't have that much interest in penny stocks overall, I think Metal_DK is the go to guy for those. Custodianships are a whole different beast though. Normally I'd never hold a penny stock for longer than like a few days for example, and I'd just trade the hype. Sure, you can trade the hype on custodianships as there are very clear inflection points (announcement, going current, ultimately the merger being the three biggest), but unless the custodian is a scammer and a company is never brought in, getting in early and going long is probably the way to go for the big bucks. You know what's really crazy is I legit considered YOLOing (or like 75% YOLOing) my port in GVSI in the double zeros. Utterly absurd how rich I'd be if I did that lol. As irresponsible as it would have been, I regret not doing it. I would have of course sold half upon doubling with a high stakes trade like that, and it doubled only a few days after I first bought too. So that would've only been a few sleepless nights! Oh well, still have faith George Sharp will make us longs filthy rich shortly. Also one more crazy fact about my trading career: I'll have to check, but I'm almost certain I've been in about 10 trades now that were over 100% gains, and a lot of those I butchered. My biggest problem early on was not selling on huge days (and I still suffer from that a bit, honestly). I'm sure some of you remember that day with AVCT. It still made me an absurd amount of money in the long run, but that was like 4 or 5 months of waiting later. So my gains really should be even crazier than they are! Everyone's gotta learn lessons the hard way in the market though. --- - Blur - Welcome to your Divinity. <cite>StartTheMachine posted [p:957397227] in Stock Topi... [t:79596938]...</cite> <quote>Sunroof posted... </cite> <quote>It is clear that the penny stocks are the way to go if you want triple digit gains (or in Blurs case, quadruple). They are super risky and Im thankful that my broker doesnt allow the trading of them. But with the right knowledge, it seems you can really do yourself a world of good.</quote> Well, most of my gains haven't really been from penny stocks. Or not the 5 cent penny stocks you're thinking of anyway. Most of my gains are from stocks in the $1 to $10 range. I still don't have that much interest in penny stocks overall, I think Metal_DK is the go to guy for those. Custodianships are a whole different beast though. Normally I'd never hold a penny stock for longer than like a few days for example, and I'd just trade the hype. Sure, you can trade the hype on custodianships as there are very clear inflection points (announcement, going current, ultimately the merger being the three biggest), but unless the custodian is a scammer and a company is never brought in, getting in early and going long is probably the way to go for the big bucks. You know what's really crazy is I legit considered YOLOing (or like 75% YOLOing) my port in GVSI in the double zeros. Utterly absurd how rich I'd be if I did that lol. As irresponsible as it would have been, I regret not doing it. I would have of course sold half upon doubling with a high stakes trade like that, and it doubled only a few days after I first bought too. So that would've only been a few sleepless nights! Oh well, still have faith George Sharp will make us longs filthy rich shortly. Also one more crazy fact about my trading career: I'll have to check, but I'm almost certain I've been in about 10 trades now that were over 100% gains, and a lot of those I butchered. My biggest problem early on was not selling on huge days (and I still suffer from that a bit, honestly). I'm sure some of you remember that day with AVCT. It still made me an absurd amount of money in the long run, but that was like 4 or 5 months of waiting later. So my gains really should be even crazier than they are! Everyone's gotta learn lessons the hard way in the market though. --- - Blur - Welcome to your Divinity.</quote> ... Copied to Clipboard!
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