In our second episode of hungry for returns, the question we are going to answer is: What do you do when your penny stock is not moving? Should you sell it?
Some of the topics we will cover are:
1 – What does it mean when stocks act sluggish?
2 – Stocks don’t move when we want them to
3 – Trading penny stocks is like eating junk food
In this video I am going to answer this question and cover these topics in detail. Don’t miss it!
Posted at: https://tradersfly.com/2018/08/penny-stock-acting-sluggish/
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your videos are great please make more explaining options buy put and sell put, buy calls and sell calls. Please thanks
Hey Sasha, Thanks for the video! I've been watching as many of your videos as possible over the last few months or so, and I have to say, the information you provide is invaluable. I luckily got out the day before the sell off and didn't lose any money. Since I sold, I've bumped up my returns to 13% by researching potential trades over the weekend, and setting up limit buys and stop losses and holding for 3-5 days, and I've made it a rule to sell all low value stocks that move sideways for more than 3 days.
I thought a penny stock was any stock under $5? Or is it up to personal preference of what you think is a low price stock is?
When it comes to your pennystock, you cant just buy it and hoping the best you can do with bluechip. I like to use ema50/100 with a multi ema20 (ema18to22) and ma20 and ma200. When ema50/100 are crossing ma200 and ema50 > ema100. Its a very good sign. After that you wait the multi ema20 and ma20 are all bullish. A very good sign that it will go up is when SAR is going up for several days but the price is not really moving. Then maybe its time. Im doing really well in paper trade by doing this.
Sasha, what the others factors should we consider when it comes to short squeeze? Thanks
I see your still at it Professor.