Forex Trading Tips

Although i can never be seperated from my quotetracker charts and systems, in forex one is often faced with the Metatrader 4 (MT-4) charting and order entry platform, which is decent and usable, although far from "geeky" enough for me.

BUT a trick i use with the LRC is one i thought good enough to pass on ---------

can be used on any time period chart, but i find it great on the D1 charts (what we call the 3 (or longer) month/daily charts !

once you have one open, draw an lrc from the LOWEST PRIOR POINT on the chart and then draw another from the HIGHEST PRIOR POINT on the chart (if the highest prior point is just a day or two before the present candle, use a high candle from further back )----- WHERE THE TWO LRC's MEET NEAR YOUR PRESENT CANDLE IS THE POINT TO WATCH FOR A BREAKOUT OR BREAKDOWN. (its either gonna go thru and therefore up or down, depending on its direction or its gonna reverse at that point !)

NOW, look at your stochastics, cci and adx and you will be able to tell pretty well what is about to happen !

IF THE SYMBOL BREAKS THRU this resistance point, the LRC lines that have broken thru and are heading up, away from the old LRC, BECOME YOUR NEW TREND LINES, and each day you should draw another LRC from the LOWEST point on your chart to establish new "breakout points" Essentially, by using this modified TREND TRADING system, you can do away with fibs, gann and all the latest and greatest, cause all the points you need to watch are right in front of you !

once you watch a few of these, youll get pretty danged good at entering a currency reversal --- just watch them for a little so that you can estimate well !

enjoy and trade well

Article Written by MP of S Hot Penny Stocks

Rob is the owner of Hot Penny Stocks, and stock message board

Day Trading Penny Stocks

Daytrading or Swingtrading: Especially online, people will throw around the terms daytrading, swingtrading, and flipping a stock. In essence, they are all similar and overlapping styles of trading. Daytrading is when you buy an sell a stock within the same day once, twice, or many times (intra-day trading). Swingtrading is usually looking for a movement within the month of purchase. Flipping a stock is a style of trading built by targets set by looking at past performance. Flipping a stock is done by buying any given stock at its bottom support levels and selling at its resistance. All of these methods are short-term trading styles. They are influenced by what is going on right now; not what/where this company is going in the future. These indicators of market movement ATM (at the moment) include Technical Analysis, Press Releases, Stock Momentum (public sentiment) and general trends in different sectors.

Trading on Margin: Many investors are timid when opening a margin account. However, opening a margin account is the only way to avoid the "3-day" rule. When you open a margin account, you no longer have to wait 3 days for you funds to settle after a stock purchase/sale. Most online brokers require a $2,000 balance to open a margin account. If you are able to open one then you have the ability to purchase more stock than a normal cash account would actually allow. With $2000 in cash, you would have the ability to purchase $4,000 in stock. However, use caution, because if your purchase goes into the red, you loss also doubles

Shorting a Stock: Shorting a stock is another perk of opening a margin account. When you short a stock, you are actually selling something that you do not have. Usually this is done with the intention that a stock will decrease in price (for a various number of reasons). When it decreases in price enough to make you a profit, then you purchase that stock back (called covering your short position). Basically it is trading, only backwards. This ability gives you a method of making money by catching stocks in a downward (bearish) movement as opposed to looking for stocks on the rise (bullish stocks).

FYI...You cannot short OTCBB, Pinksheet, or any other stocks under $5.00.

Risk Tolerance: If you were to hire a "big-shot" broker or financial analyst than they would discuss your risk tolerance, and probably do it very extensively. I will address it shortly however, becasue I believe it is an essential question you must answer before you begin trading, however the answer is very simple.

First, figure out how much you can start to trade with. $500 will open you an account to help you learn, but will not offer much return. Others may recommend different amounts, but I believe that $1500 - $2500 is a decent amount to begin with if possible. This way, you can play approximately 3 stocks at once and erase a red play with two green ones.

Second, never invest (especially in pennies) what you cant afford to lose. When you begin, it is a learning experience. Don't think of getting rich quick. The more you know, the safer your money will be. Protecting you initial capital comes first. It is better to not take a loss than to not take a gain. Pennies are not your kid's college fund. Trusts and Mutual Funds handle that type of low risk, slow growth.

Finally, when it comes to risk (sorry for the cliche) Knowledge is Power. The more you know, the safer your money is. Play safe, play smart. Make the smart trade.

$$$ Practice, Predict, Profit $$$

Opening an Account: The next step is opening an account. By addressing all of the above issues, it will make your decision about a broker much easier. Knowing how often you plan to trade, what your average trade size will be, and various other aspects of your trading style/interests will determine the broker which best suits you. The next post will layout the key points/attributes, pros/cons, and customer service experiences with the most popular, affordable, and reliable online brokers.

Article Written by Rob of S HREF="http://www.stockhideout.com" REL="follow">Hot Penny Stocks

Rob is the owner of HREF="http://www.stockhideout.com" REL="follow">Penny Stocks, and stock message board

Rules of Penny Stock Trading

For all you penny stock traders out there or anyone interested in learning some basics rules to trading. I have put together some rules that I follow when penny stock trading.

1. Never, ever, ever add to a losing position: To do so will eventually and absolutely lead to ruin. Remember Long Term Capital Management and its legion of Nobel laureates who broke this rule repeatedly and went into forced liquidation. Learn this lesson... well and early!

2. Capital comes in two varieties: Mental capital, and that which is in your account: Of the two, mental capital is the more important. Holding losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital.

3. The objective is not to buy low and sell high, but to buy high and to sell higher: We can never know what price is "low." Nor can we know what price is "high." Always remember that Nortel fell from $85/share to $2 and seemed "cheap" all times along the way.

4. "Markets can remain illogical longer than you or I can remain solvent," is a brilliant statement from our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are inefficient despite what the academics try to tell us.

5. Sell that which shows the greatest weakness, and buy that which shows the greatest strength: Metaphorically, when bearish, throw rocks into the wettest paper sack, for they break most readily. In bull markets, ride the strongest winds.

6. Think like a fundamentalist; trade like a technician: It is imperative that we understand the fundamentals driving a trade, and that we understand the market's technicals also. When we do, then, and only then, should we trade.

7. Understanding psychology is usually more important than understanding economics: Markets are driven by human beings making human errors... and also making super-human insights.

8. Be patient with winning trades; be enormously impatient with losing trades: Remember, it is quite possible to make large sums trading/investing if we are "right" only 30% of the time, as long as our losses are small and our profits are large.

9. The Hard Trade is the Right Trade: If it is easy to sell, don't; and if it is easy to buy, don't. Do the trade that is hard to do and that which the crowd finds objectionable. Peter Steidelmeyer taught us this 25 years ago and it holds truer now than then.

10. There is never one cockroach: Bad news begets bad news, which begets even worse news

Rob is the owner of Penny Stock Picks, and stock message board

Good Penny Stock Traders

Good traders tend to be open minded. A goal of a good trader is not to make a huge profit ( as that is the goal of amateurs) but to trade well and consistently. Good traders honor their rules and laws of trading, once they do this the money begins to accumulate and a profit will begin. Trying to reach their personal best is better than making money because it stays with them for a long term, while not being consistent vanishes the next day. Traders need to be so focused on trading with rules and laws that winning does not boast your confidence (although it is ok to boast a little) and losing does not make you any less of a better trader. You need to be so focused on trading right that money no longer influences your emotions.

The trouble with the market is that there are many opportunities for trader-suicide. Many traders often involve themselves on a descending streak. A person who drives recklessly usually does not wake up one day and drive according to the laws and destructive traders who do not follow rules usually do not change their views, which in the long-term destroys their account. Traders who have a personal grief about themselves usually try to fulfill their grief into happiness by taking it out on the markets. Usually traders like this do not know the outcome of their investment and end up with a negative in their account.

A successful traders studies the market realistically. He/she knows his abilities to trade and his limits of taking a loss. He/she studies the market and knows how to react to sudden changes. He/she does not cut corners, studies his observations, and makes realistic goals. A trader who is smart cannot afford out of reach numbers. After an amateur loses many times and gets a few margin errors, he starts to look at the market fearfully. Instead of being cocky he resorts to ideas which fall out of place in the market leading him to miss buy point and sell points. These traders act immaturely such as a child is afraid to look in the closet because there could be a ghost. The fantasies we create usually influence our behavior, even if we are not aware of this. Many amateurs create their own fantasies of an easy way to get rich, because of this they fail in trading. A successful trader must get rid of his fantasies and focus on reality.

Article was written by Pennyman of Penny Stock Picks

member of Hot Penny Stocks

The Timing Myth

Dear Fellow-Investor.

Many investors continuously attempt to play a trick on the markets by trying to buy or sell securities just at the right time. But most of the time they achive the contrary.

Now why is this?

The temptation is huge because nowadays it's just at the click of a button and you can buy or sell securities within seconds via the Internet.

Especially a lot of beginners tend to think: why not take advantage of the up and down swings of the markets? Sell now while the markets are up and wait for a consolidation to get in low again!

Now you can do this if you're a short-term trader. But it's not advisable being a long-term investor!

For some beginners, the hunt for the right entry and exit points has already become a time-consuming hobby. They watch the markets meticulously at their computers day in and day out and are ready to click away at their mouse in order to get in or to get out quickly at the right time.

Easier said then done!

It's understandable that investors try to avoid bad market times – all the more after experiencing the tumble at the turn of the century. According to a survey by the mutual fund company Fidelity, in the long run profits of a portfolio increased substancially for whom it was possible to avoid the bad market days.

If in the last 15 years you were fully invested in Dow Jones stocks or even in the 30 DAX companies – which is the German counterpart of the Dow Jones – the profits in your portfolio would have been up on average by 11.6% per year with the Dow and 9.7% with the Dax. But if you were able to avoid the 20 worst trading days during the same period, your profits would have soared at around 19.2% per annum.

Now that's a difference of 7.5% on the Dow and 9.5% on the Dax and it all sounds pretty well and good. The problem is though, nobody can predict for sure and unerringly when the stock market is going to be at it's peak to get out quickly and when it's going to be down the valley to get back in low.

So when is the right time to get in and out? When a security makes 10% in one day or when it loses 10%? When it makes 3% in 5 consecutive days or when it loses 3% in 5 days? Or does a

sideways trend or a channel formation signal that it's time to get in or out? You can never tell with absolute certainty because at the end of the day it's all pure speculation!

The second problem is, answering the question when to get back in after you got out high or just before a consolidation. You see, a lot of investors hesitate for too long before getting back in again missing the new uptrend. Mostly the greatest gains take place after a stock has dropped sharply.

In the long run it's hopeless and futile trying to outsmart the markets by means of clever and canny timing because if you try to avoid bad times, you'll probably also miss the good times because after a consolidation, most investors are hesitant to get back in again being afraid that the markets could go down again or that the initial upswing could be a bull trap, which means that once a turn around to the up-side is signaled, the market quickly turns in the opposite down-side again.

By just missing the 20 best days of the year according to Fidelities survey, your total profits in your portfolio over the same 15 year period would have only been 5.5% per annum on the Dow and 1.3% on the Dax. So you would've lost out on an extra 6.!% per year on the Dow and 8.4% on the Dax. And that's big money! So as you can see, the effects of missing the good times are immense!

Staying fully invested, you will gain way more than you would by selling your stocks in between hoping to catch the right timing to get back in again.

Now I've got to point out one little thing here. If you're a short-term trader, timing does play a big role because a trader wants to get a chunk out of a trend that he's trading. So as soon he sees a signal for the trent to go opposite, he bails out. That's perfectly OK and it's also the right strategy to use if you trade options or other derivatives.

But if you're a long-term investor with a well diversified portfolio, there's absolutely no need whatsoever to continuously jump in and out of the market because that has nothing to do with long-term investing.

Conclusion

Investors that attach great importance to timing and believe they can outsmart the markets have to make an immense effort to achive good results that, at the end of the day, will not necessarily lead to the success hoped for.

Wishing you all the best financial success!

Ricky Schmidt

Ricky Schmidt's website was created out of frustration in trying to decode books, magazines and newsletters on the subject, which are supposed to be for beginners but are not because they're too difficult to understand. Too many "Big Words" and too much intelligent sounding grammar is used which is not very useful.

Penny Stock Psychology

To me psychology is the key to trading. Many trades on hunches about economic or political trends, while others use "insider information" or simply hope. Do you remember how you felt the last time you placed an order? Were you anxious to jump in or afraid of losing it all? When you closed a trade did you feel humiliated or embarrassed and started to second guess yourself? These feeling evolve among thousands of traders which merge ultimately into a huge psychological wave that moves the markets trend.

The majority of traders spend most of their free time looking for good trades. Once they enter a trade they desired to be in, they start to squirm and lose all self control over themselves. They ride an emotional train and miss the element of winning - which is the management of their emotions. Their inability to manage their emotions leads to a downfall in their stock trades.

All losing amateurs ignore the importance of psychology. If you are not up to date with the market, or you ignore mass psychology of crowds, then you have no chance of succeeding in the market. The importance of psychology is that it focuses on reality, which is you have to live with your eyes open. To be a good trader, you have to invest with your eyes open and make neutral decisions. You need to recognize real trends and not waste time on regrets or hopes that the stock will turn around from a downfall.

Trading is similar to sky diving, rock climbing, and street racing because they all share a common risk involved. These sports involve a considerable amount of risk/pleasure. Many participants in these sports ignore the risks and take thoughtless chances. A person who wants to enjoy the risk and excitement of sports must follow the rules. When he/she reduces the risk of a sport, they get a sense of accomplishment knowing they have control over that particular sport. This same criteria involves trading. You can succeed in trading only if you handle it as a intellectual pursuit to overcome the risks. To help ensure enjoyment/success, a good trader must watch his capital funds as close as a sky diver knows the exact time to release his parachute.

Penny Stocks and Stock Message Message Board

member of Hot Penny Stocks and Penny Stock Investing

Penny Stock Message Boards and Stock Chat Rooms

The general populations usually like to think that the stock market is generally a place for investment purposes and a place to put safe retirement money. However, even the larger more secure stocks and sectors are being infiltrated by the internet message board momentum. Institutions and Financial firms still hold large stakes in the big stocks, but more and more traders are independent now and bigger money is starting to be controlled in the hands of retail traders. Online Discount Brokerages are becoming more and more common along with the increasing demand for Self Direct IRAs (and RRSPs for our Canadian friends). All you have to do to check this is track the increasing profits of Online Brokerages and Trading Services.

Individual Traders and Investors are becoming the dominant force in the market. And because of this, their online communities (message boards and chat rooms) have become control the market. Public Sentiment on any given stock can control its movement and drastically affect its price. When something happens to a company, be it positive or negative, it can move that same company's stock along with related stocks in the sector up or down. Buzz about the boards and in the chat rooms take control of the stock by increasing optimism or inducing panic selling. Be careful and be aware of the public sentiment of any and all stocks which you are invested in. Even though your company and the chart may be headed in direction, a board or chat room's opinion can affect it greatly. Small Caps no longer belong to the Institution. Traders control the Stocks Now!

Article was written by Rob Rens of Penny Stocks and Stock Message Board

Rob Rens of Hot Penny Stocks and Penny Stock Investing

Thoughts of a Penny Stock Trader

Good traders tend to be open minded. A goal of a good trader is not to make a huge profit ( as that is the goal of amateurs) but to trade well and consistently. Good traders honor their rules and laws of trading, once they do this the money begins to accumulate and a profit will begin. Trying to reach their personal best is better than making money because it stays with them for a long term, while not being consistent vanishes the next day. Traders need to be so focused on trading with rules and laws that winning does not boast your confidence (although it is ok to boast a little) and losing does not make you any less of a better trader. You need to be so focused on trading right that money no longer influences your emotions.

The trouble with the market is that there are many opportunities for trader-suicide. Many traders often involve themselves on a descending streak. A person who drives recklessly usually does not wake up one day and drive according to the laws and destructive traders who do not follow rules usually do not change their views, which in the long-term destroys their account. Traders who have a personal grief about themselves usually try to fulfill their grief into happiness by taking it out on the markets. Usually traders like this do not know the outcome of their investment and end up with a negative in their account.

A successful traders studies the market realistically. He/she knows his abilities to trade and his limits of taking a loss. He/she studies the market and knows how to react to sudden changes. He/she does not cut corners, studies his observations, and makes realistic goals. A trader who is smart cannot afford out of reach numbers. After an amateur loses many times and gets a few margin errors, he starts to look at the market fearfully. Instead of being cocky he resorts to ideas which fall out of place in the market leading him to miss buy point and sell points. These traders act immaturely such as a child is afraid to look in the closet because there could be a ghost. The fantasies we create usually influence our behavior, even if we are not aware of this. Many amateurs create their own fantasies of an easy way to get rich, because of this they fail in trading. A successful trader must get rid of his fantasies and focus on reality.

Written by a member Penny Stocks

member of Hot Penny Stocks and Penny Stock Investing

Penny Stock Trading System

I have used many different trading systems and this one seems to have worked very good for me. I tried to describe it the best I can so everyone would understand. It is very simple once you get used to following it and know all the terms.

Setup for Longs

14-day ADX must be greater than 30. For those unfamiliar with ADX, go to the discussion of ADX.

The 14-day +DI must be greater than the 14-day –DI.

Wait for a 3 day correction. This means that the stock must make three consecutive lower lows or any combination of two lower lows and an inside day.

Buy on day 4 only if the stock moves .10 above the day-3 high.

If filled, place a protective stop .10 below the day-3 low.

If the position moves in your favor, use a trail stop.

Use of proper candlestick formations in the third bar will increase probability of a profit. See The Three Day Hammer.

Setup for Shorts

14-day ADX must be greater than 30. For those unfamiliar with ADX, go to the discussion of ADX.

The 14-day -DI must be greater than the 14-day +DI.

Wait for a 3 day correction. This means that the stock must make three consecutive higher highs or any combination of two higher highs and an inside day.

Short on day 4 only if the stock moves .10 below the day-3 low.

If filled, place a protective stop .10 above the day-3 high.

If the position moves in your favor, use a trail stop.

Use of proper candlestick formations in the third bar will increase probability of a profit. See The Three Day Hammer.

General Thoughts

Near the close of day one, if the stock appears to be closing down for the longs or up for the shorts, I generally close out the position. I find the best stock picks from these trades are profitability from the start.

If you are not stopped out by close of day 5, close the position.

This article was written by light of Hot Penny Stocks Stock Message Board

light of Penny Stocks

When to Buy or Sell Penny Stocks

Many people ask me each day when to sell/buy, how do you know when to sell or buy....well here goes

What people usually do to sell a stock is ...find the next resistance (for example stock ABC next resistance is @ .015) sell right BEFORE the resistance because stocks will usually hit resistance then fall DOWN. So sell right before resistance then buy back at support. If the stock breaks resistance then you buy after the bid side has broken the resistance and you ride it to the next level of resistance, with the old resistance now acting as support. And the old support as support level 2

Sell at:

1. just prior to resistance levels

2. when your stock has lost support (then look to add at support level 2)

3. when a stock has formed a base then has lost that support

4. when your UP!!!

So buy at:

1. support levels

2. breaks of resistance on the bid side (clearly, don't buy if the bid cracks resistance for 1 second )

3. when a stock is basing after a long downtrend and the bearish are done pissing on your parade

What acts as support and resistance?

Support

1. Any prior lower low then the current price

2. Any moving average that is lower then the current price

3. A major resistance level that was broken to the upside and then comes down to this (old) major resistance level, this will now be support

4. Bottom channel lines

Resistance

1. Any prior higher high then the current price

2. Any moving average that is higher then the current price

3. A major support level that was broken to the downside and then comes up to this (old) major support level, this will now be resistance

4. Top channel lines

stockanalyzer of Hot Penny Stocks and Canadian Stocks Stock Message Board

stockanalyzer of Penny Stocks and Canadian Stocks Stock Message Board

Penny Stock Trading Philosophy

I'm sure that all seasoned market traders have read the various books out there on trading philosophy. There is a vast amount of intriguing information for our enjoyment and education, from the Elder-esque psycologically founded views to the application of Tsu's Art of War to the markets. I'd just like to take a moment to share my trading philosophy and to hear what yours is all about, if you will be so kind as to indulge me.

I think of my trading style as patiently predatory. Let me explain. If you watch the Discovery Channel or National Geographic type shows a pattern quickly emerges whenever large predators are featured. It does't matter whether it's a show about lions, crocodiles, or killer whales. The most impressive predators hunt only when they have great odds of making a kill. The killerwhale goes for the baby seal in the surf. The lion attacks the young gizzelle. The crocodile eats the unsuspecting and virtually immobile, swimming baby water buffalo.

I think of myself as a bullish trader. I do not short stocks. I make my money by going long on a trade. I'm not talking about going long in the traditional sense. What I mean is going long in the sense that you buy at one price and sell later (10 minutes, 1 day, 1 week, 2 weeks max) at a higher price.

Since the market is about bulls and bears, locked in a constant struggle for victory, I see myself as a strong and patient predatory bull. I must do battle with the bears but rather than take on an angry, fresh and energized grizzly for a long duel, I prefer to attack a bear that has been fighting for a long time and has grown extremely tired. Like Sun Tsu reccomends to his generals, once the opportune moment presents itself (i.e. once the bear is bleeding and exhausted from his bout with other bulls and is about to collapse) I explode toward him from the brush with great power like a violent bolt of lightning! He has almost no chance of defeating me. Were the playing field even, he could destroy me but because I have waited patiently in my search for a weak and tired bear on whom I can feed (profit from), I will be the victor.

This very simple philosophy took me 4 years to discover, develop, and confidently execute. This is why I am the proponent of the bounce play. The strength of the bears can be gauged by taking into consideration factors like, support, resistance, volume, the rsi, the stochastic, the cci, bollinger bands, fib retracements/elliot waves, and moving averages. Whatever tools you use, learn how to put your finger on the pulse of the enemy to assess its status and then have the discipline and confidence to attack with full commitment. As Henry David Thoreau states, if we are to be successful, we must "advance confidently." I have garnered confidence through seeing my philosophy work for me time and time again.

After you do that, you will then need to master the incredibly difficult task of seizing the spoils of the battle of which you are the victor (you must learn to take your profits) before the hyenas (other traders) take them from you. But that is a discussion for another day.

Article was written by Mightybridge of Hot Penny Stocks and Canadian Stocks

Mightybridge of Penny Stocks and Canadian Stocks Stock Message Board

The Bulls And Bears Game: Risks And Survival Strategies In Investments

The stock market is never constant, but one thing that is constant in the bulls and bears game is this question in people's minds as to how to make money with investments. Price movements keep changing the character of the stock market and the bulls (buyers) and bears (sellers) oscillate from financial highs to lows.

A bull market time in the stock market is when prices are steadily rising, outdoing past averages, accelerating optimism among investors and thereby raising their confidence. A bear market is the opposite, a state of pessimism when prices are falling by 20% or more in a key stock market index from a recent high over a minimum of two months. Evidently, investors indulge in some amount of risk as they invest. Nevertheless, the stock market never wanes in economic importance because it is a significant money-making arrangement for the big business houses.

Risks

You may have numerous investment opportunities to choose from. But it is always advisable to keep a watchful eye while choosing which company to invest on and how. A little less careful and you may walk into one of those fraudulent investment networks across the world. First and foremost, be wary of too many attractive offers like 'huge profits in no time' or 'zero risk involved' etc. Some opportunities even flaunt lofty claims of IRA approvals, tax-free offshore investments and more. Chances of these being authentic are close to nil. Other investment opportunities will assure you of a perfect offer that will reap good returns. Yet some others may pressurize you to act promptly, saying that the market is moving. In either case, do your homework. Get detailed information of the company, the fees involved and never share your bank information or personal financial details with anyone unless you are completely sure.

Strategies

Once you are clear on mind about the potential risks in the bulls and bears trade, it is time to plan strategically. There are two rudimentary approaches to investing money and being successful with that. These are: the fundamental analysis and the technical analysis. The former focuses on the analyses of the financial statements of companies, available in SEC Filings, market trends and more. Technical analysis involves market studies of the price actions, with the help of stock market charts and other quantitative methods to forecast future trends.

Besides these two base strategies, there is the index method strategy, in which one has a weighted or non weighted portfolio of the whole stock market or a part of it. This strategy helps to maximize diversification and minimize taxes on very regular trading, apart from ensuring a position in the general stock market trend.

Yet another, often unethical, survival strategy for investment is the insider trading method. In this, the investor has to rely on inside information.

Wain Roy is an internet marketing professional expert in various industries like real estate, finance, medical tourism and daily stock market charts

How to find penny stock resistance

To find penny stock resistance you first have to look for stock prices that are higher then the current stock price. The sequence goes from most recent low to most recent high. For example, if my stock price I am looking at is at .22 currently and one week ago there was a high of .25 and a few days before that the high was .29 and three weeks ago there was a high of .25. The resistance for now would go as follows..... current price .22 resistance #1 .25 resistance #2 .29 *the .25 a few weeks back would no longer be resistance because after the .25 we had a .29 run which allowed anyone holding at .25 to sell at .29 for a profit. You see resistance is a simple concept, resistance = SUPPLY! Lets say somone got in the stock at .15 and it ran to .29 then dropped to .22 which the current examples price. Someone had to buy at .29 range, so we call that SUPPLY meaning the holders from .29 are going to say to themselves "If this stock ever goes back up to .29 i am SELLING!" So .29 will have plenty of "supply" meaning people selling shares at that price which means it will be more difficult to pass that range because everyone wants to sell. NOW when the BID goes HIGHER then .29 (meaning all those .29 sell orders are GONE and we now reach .30 bid) we look for the next previous high that is higher then .29! and the process goes on.

Pennyman38 of Penny Stocks and Canadian Stocks Stock Message Board

Gold penny stocks and gold canadian stocks

The reaction of mainstream analysts to the events of last spring and summer was as amusing as it was predictable. As soon as commodity and metals prices weakened, they were out in droves, tut tutting and warning the great unwashed that we had seen the top of the cycle. They patiently explained to those too dim to

understand their market insights (which included us, I suppose) that the "abnormal" commodity markets were coming to an end and the "bubble" had burst.

It is to laugh. These articles did not surprise me. Many of the best known market strategists and market generalists have not understood this cycle from day one. Anyone who makes even a cursory study of commodity markets could see that there was something very different about the current cycle. The opinion of many commentators and business journalists is that most commodities, but especially metals and energy have not been acting in a "predictable" fashion. Their definition of predictable is a short cycle that passes through phases of under production, shortage, price increases, production scale up, oversupply and price collapse.

This cycle is not different from all others; it's just different from the garden variety economic boom and bust cycle. It actually looks pretty normal so far compared to past secular commodity bull markets. Those don't come along very often. There have only been a couple true secular commodity cycles in the past century prior to this one. So generalists can be forgiven for gloating about the demise of the "old economy sector", even if its based on an ignorance of the data.

The generalist view was based solely on the strength and speed of the up move this spring. They believe that it had to be a bubble because things moved too fast. There is some truth to this view. The momentum buying -and selling- they exhibited was scary. Scary enough in fact that i think it influenced the world's major central banks. There were real concerns about inflation and the economies of both Europe and Japan were accelerating quicker than expected. I think central bankers were also worried about markets getting carried away by speculative money their loose monetary policies created. In response, central bankers sucked an enormous amount of liquidity out of the system in the second quarter. That led to a lot of trades, especially leveraged hedge fund trades, getting unwound. That is where most of the selling came from in commodities and emerging markets. Keep in mind that in most commodity and futures markets the speculative money far outweighs the trades of "real" suppliers and buyers. It always has and it always will. That didn't make the nose dives less real or painful. Nor does it mean that buyers won't use the price cuts to advantage. It does mean the price drops were driven at least as much by trading considerations as by supply and demand. They were trades. There have been no mountains of copper or nickel or lakes of crude oil appearing in front of NYMEX or the London Metal Exchange. Where inventories changed at all in the past two months is has been to the downside. The cycle is intact and supply still needs to catch up to demand in most metals. As long as synchronized growth in North America, Europe, Japan and BRIC (Brazil, Russia, India and China) continues, the balance between supply and demand will be tight. This did not change just because traders saw bearish chart signals. It's worth noting that metals that do not have developed forward markets and that are not "traded" like tungsten, uranium and molybdenum did not see much of a down move in this period.

Some commodities may not exceed their May highs but most will. Oil already did thanks to political tensions and the start of hurricane season. Nickel already has thanks to tight supply and zinc probably will for the same reasons. Copper may not, but it will also not see prices anything like old cycle lows for a very long time, if ever. Silver, as we predicted, fell harder once an expected "ETF Lift-off' didn't materialize but it has bounced and started climbing. Gold has too. We still have inflation concerns. I'm very concerned about just how much drag the US housing market creates. Remember though, that one of the lasting changes from this cycles is that the US will be less dominant in most markets. It actually already is, but it will take time for traders to accept that. If the US can hold to a slower growth track without over shooting rates, the rest of the world can take up the slack and keep this party going for a while. If the Fed really is done the Euro and Yen in particular will keep gaining. This will add to the upward pressure on metals prices - especially gold and silver.

Place_foot of Penny Stocks and Canadian Stocks Stock Message Board

Betfair Trading Part 5: Want A Tip? Don’t Back Or Lay…. Trade!

In my experience to date, "Trading" is the ONLY way to guarantee long term profitability on the Betting Exchanges.

Laying horses to lose is no more profitable than backing them. The effect on profits is akin to backing in reverse.

Simply put; the effect of laying is a long winning streak of small wins interspersed with a large loss as oppose to backing which is a long losing streak of small losses interspersed with a large win.

Laying horses is relatively new and therefore has a novelty "excitement" factor that draws a lot of new punters onto the Betting Exchanges. Punters can experience "Quick wins" due to the unsurprisingly high ratio of losers to winners in any race.

It is not till a failed lay is experienced that reality bites.

Indeed most novice punter pots will only be able to sustain a run of 3 failed lays before they are broke.

The idea that there are 16 horses in a race and all you have to do is pick one that has no chance of winning, and watch the profits roll in, is an extremely potent aphrodisiac for punters looking for something new.

You sign up, you get hooked, and if you don't know what you are doing you go bust as with any other "gambling" venture!!

The reality of laying horses is that most selections above 4/1 are NOT financially viable as a potential lay. And from my own experience I can tell you that horses from 4/1 upwards that look like nags pre-race frequently DO win races.

With so many race meets every day of every year the quality of a lot of meets is so poor that there is absolutely NO WAY of accurately sorting out the wheat from the chaff.

It is a lottery, pure gambling, especially through the winter months when the reasons for turning out horses in different scenarios are often muted and many horses are not running to form.

Horses that pundits and tipsters make out are ready for the knackers frequently go on to win races.

Horses after all, are JUST animals.

You can study the form, the conditions, the track, the pundits and tipsters spotlights, the breeding, stall numbers, jockeys, owners, trainers, the list goes on, but I will tell you this from experience.

Feel free to waste thousands of pounds verifying this information for yourself or you can take it from me.

Any horse that makes it to the stalls can win any race on its day. And any horse that is a dead cert can lose. That is the reality of betting on animals.

Animals do not wake up the morning of a race and think "my form states that I am favourite for the 2.30 at Chepstow so I had better get ready and win it!!"

You can make some slow progress laying horses admittedly and you can lose money quite slowly. There is a chap who does a free lay roundup of likely losers everyday at

The data is computer generated and he tests a variety of laying systems and analyzes the data very carefully.

However you will never be able to lay the horses at the SP odds posted on the site. In fact you will never get a lay price at SP full stop.

Do not waste money on paid tips on the internet for laying.

There are one or two that seem to have credentials for selecting horses to back, but even with the best you will be paying way over the odds with no guarantees and you should always back up any tips with your own research.

If you are thinking of trying the dubious world of tipsters please visit the site below before you go any further.

This excellent site provides a wealth of Racing and Betting Exchange resources and has a system whereby tipsters who come and go like Tony Blair's cabinet have to "proof" their tips on a daily basis.

The site is independent of the tipsters so punters can see exactly how their proposed tipster is performing. To really get a feel for who knows their game and who is bluffing study the figures over a prolonged period of at least 6 months.

But ultimately, the results vary month by month, and they usually average out to a small profit or loss and you then have to factor in your subscription fee.

When I was starting our punting I found using the current leader of the Naps competition and Pricewise to be just as efficient at getting a good supply of hopefuls as anywhere else.

As an aside it's interesting to note that the winner of the naps competition usually posts around a 30 point profit per season.

The Naps is a competition run by the Racing Post, where experienced racing journalists for different rags compete against each other to fictional £1 level stakes. They must provide one daily tip over the course of an entire season.

It can be projected that to £1 bets, the best racing journalists average around £30/40 profit for an entire season. The rest all make less profit, break even or make a loss.

Ask yourself. If these guys cannot consistently pick winners when it is their job, how on earth will the chancers who have thrown together a website and claim dubiously to know trainers, owners, stable hands and bookmakers.

While desperate punters still pander to these con artists these sites will come and go taking your money with them.

Dutching

In a nutshell it relies on backing the most likely 3 or 4 horses to win a race and calculating a set amount of profit that you want to make should any of these horses win, by varying your stakes across the differing odds offered on each horse.

There are free and accurate calculators available on the internet that do all the math for you.

As with laying the aim is to look for suitable types of race and really focus on those where you are backing the only horses which have any real chance of winning the race, and the total cost of doing so is not prohibitive.

The last factor to look for in choosing a race to dutch is the spread of prices being in a certain format and "shape". The free calculators can be a great pointer as to what to look for.

This method has for many proved more profitable than backing, and definitely more so than backing/laying a single horse to win or lose.

But, to be successful it requires a great deal of skill and focus as you have to find the correct race where the layout and spread of the odds across the race are suitable, all major contenders are going to run to form and so on.

You also have to watch out for non runners which can mess up proceedings totally in advance of a race if a favourite pulls out.

Similar to laying you will have to win 3 or 4 races on average to pay for the one loser which may come in to ruin your day.

An excellent dutching tool is provided by Bet Angel professional.

It looks at races and tells you automatically if it is a viable dutching opportunity, does the math for you based on your requested profit level and even allows you to modify the profit levels for an individual horse.

For example when there is a favourite that you really fancy you can increase the profit from the dutch should that horse come home first, request a lesser profit for the second favourite and request a scratch on the third favourite.

The tool below is a simple but effective no frills dutching calculator with full instructions and provides a good introduction to dutching.

Many punters successfully use dutching long term so it should be rated more highly than laying and backing individual horses. I regard it as a halfway house between gambling and trading.

In my next article I will outline a method that you can employ using freely available real time websites and data to assimilate, filter and identify horses to trade.

Then I will show you how to use another free tool from

which will enable you to trade far more effectively than you would with the Betfair interface.

The aim will be to show you how to make a profit on Betfair at your first few attempts

Bet Fair and Bet Well folks!!

Mike J Davies - Mike is a Computer Analyst, Day trader on the LSE, and a Betfair Trader and Advisor. More advice and articles are available at Mike's website. Mike also runs a highly successful ELottery affiliate business at

Times of the day to trade penny stocks

Over the years you will hear a lot of clichés about the market and one of them says "the open is for amateurs and the the close is for Pro's". Well there is some truth to that. For the most part, the first 20 minutes of the trading day is full of wild swings where

market makers are filling overnight market orders (where they want to fill them by the way!) while people who are looking at a "gap" opening are trying to get out. So it is indeed an interesting tug of war between people trying to get in and others trying to get their profits out. But in general terms the craziness subsides somewhere before 10:30 am Eastern and then stocks move a bit more realistically.

But we often see other things happen that are really interesting and

you can almost base them on the clock. Once we get past the 10:30 area, we often see some wild movements right around the 1pm area, and then we also see some volatility at the 3pm area.

Did you ever wonder what was going on at those times? Well as "deep"

as you can make it seem, the real answer is that the times coincide with lunch! Don't laugh yet,it's for real. For instance

let's say you work a trading desk at the NYSE. You go out for lunch

at about noon and over a roast beef sandwich and a soda, you are talking to "fellow" traders about the overall direction of the

day. Is it possible that when you come back to work at 1, you may

want to buy some stock if the feeling was good? Is it possible that the lunch period brought a bunch of nervous traders together

and they scared you a bit? is it possible you may want to sell some

stock when you hit the floor again? Yes, it is and although you may be thinking "it can't be that easy" it certainly is. Watch the market moves at the 1pm time slot and you will indeed see some increased volatility.

The same thing happens at about 2:45 to 3:00 pm. Why? Guess when the

west coast traders are going to lunch out there? Right! With a 3 hour time delay, office workers that are just hitting lunch time are flooding to their telephones and computers to make some trades.

So sure enough watch the "tape" at that time slot and you will see an increase in activity. As much as television shows everyone trading every second of every day, the fact is that lunch time is the time of the day when most people who want to "do something" actually get the time to do it.

The last half hour of the trading day is indeed where the market

pro's are doing their best work. Funds that want to buy generally do it during that time slot and last minute buy/sell imbalances have to get straightened out. If the order flow is positive, we can often see some huge moves in that last 30 minutes. (Likewise if the day has been lousy and they are nervous, they can really accelerate the selling). Remember you can often take your queues about the next day's action from the close of the previous day. If we rally hard into the close, it's probable that we will open strong the next morning. If we tank in the last half hour, you can almost bet the next morning will either gap down, or it will rise for a few minutes and then fall apart. Quite a few traders make their "day trades" based on the last 20 minutes. If we are running into the close, it is a pretty good bet the the leaders will gap up a bit in the morning and you can sell into that gap with a nice little profit.

For most of you who aren't hard core day traders, it would be best

to buy your stocks in the "quiet periods" of the day. For instance if you want to buy XYZ, take a look at it during the 10:30 to 11:30 time slot. If its doing well at that time, chances are good it will continue to do so for the day. Likewise, if it is looking good after the 1 PM shake, that too is probably a decent time to get involved. By watching the "moves" the market makes during its trading session, you can often get a much better idea of where things are going by seeing "who's doing what" after the lunch hours! Watch this phenomenon for a few days and see what you think.

Mouser57 of Penny Stocks and Canadian Stocks Stock Message Board

How do you set up your charts when looking for a stock trade

One of the most common questions is: "How do you set up your charts when looking for a trade?"

First, you have to know the basic timeframe of the trade you are about to make. Is this going to be a 30-200 minute trade? A 1-2 day trade? A 3-4 week trade? Having at least a vague idea of the expected hold time of your trade is important in knowing what length of past history is relevant to your trade.

As a basic rule, I believe the most important chart is going to be one that shows approximately 8-10 times the length of time that you expect to hold the position. Example---if you are looking at a 30 minute trade, you should be looking at a chart that shows the last 300 minutes of trading activity on that stock (5 hours). If you are looking for a 3-4 day swing trade, look for a one month (30 day) chart--this is the setup we have used to get the huge profits that we have seen in our Small Cap Trading System.

Second, I almost always use candlestick charts, and we like to set the candlesticks at a duration that is about 1/20 (very approximate---the point is to have each candlestick as a small part of your trade when it is completed) of the estimated hold time of my position. If I am looking for a 30 minute trade, I will use a one minute candlestick. If I am looking for a 5 day swing trade, I will set the candlesticks at every 2 hours or so. This gives you a chance to see patterns in the sticks while still keeping enough of them on the screen to see the trend from stick to stick.

Now you need to set up your indicators. At first, the only thing other than the price that I want charted is volume. Don't worry about putting any other indicators up until you are working to DISPROVE your theory. I always set up volume as a separate panel below the chart, but I know plenty of traders who like to overlay---it is personal preference.

Just so you know, we may look through 200-500 charts before ever spotting a big-profit trading opportunity in some cases, and other times I may see 3 in a row. By looking at price and volume alone, I can usually tell if we want to trade the stock within 3 seconds of looking at the chart. Of course when you first get started it won't be as quick for you, but YOU SHOULD NEVER HAVE TO LOOK HARD FOR A REASON TO TRADE A STOCK. As a trader, your job is to find the chart, the stock, the position that jumps out at you as a real opportunity--not to convince yourself why you should buy XYZ.

Once I see a chart that looks like it has real potential (solid trendline on increasing volume, nearing a triple top, exaggerated gaps, etc.) I will then try to DISPROVE my theory. That is when it is time to bring out all the indicators that you like to use (moving averages, Stochs, RSI, etc) and use them to try to prove your theory wrong. Look for reasons not to make the trade. Most traders see a chart they like and then bring out the indicators to support themselves. YOU WILL ALWAYS SEE WHAT YOU WANT TO SEE! Look for ways to dismiss the trade, and if you still can't find any big holes in your case, execute!

Here is a quick review of the important points:

1. Determine your projected hold period

2. Look at chart that is 8-10 times as long as projected hold period

3. Use candlesticks of approx 1/20-1/40 of projected hold period

4. Filter out all the charts that don't have clear pattern or trend that you like

Disprove your analysis with indicators---DO NOT look for reasons to support your original thought.

Execute the one that makes it through.

Mouser57 of Penny Stocks and Canadian Stocks Stock Message Board

Learning to make better stock trades

Ask many seasoned traders to describe their most profitable trade, and you'll hear a fantastic story. It's usually purely serendipitous. For example, they may have been going long on a large position when suddenly a media reporter talked up the company for no good reason. The stock price shot up as the masses heard the news, and they made a killing. These stories are thrilling. They inspire you to hone your trading skills and master the markets. Who doesn't want to be at the right place at the right time? But if you want to be a profitable, active trader, you can't merely wait for a rare trading opportunity to present itself. Most of the time, trading is about making trade after trade to the point that it seems mundane. Rather than seek out the big, thrilling trade, it's important to remember that small trades matter a lot.

Influential advertising executive, Bruce Barton once observed, "Sometimes when I consider what tremendous consequences come from little things … I am tempted to think there are no little things." As stirring as big trades seem to be, it's the smaller trades that keep you in business. Many traders feel they reach a plateau when trading. They make trade after trade and little seems to happen. They don't suddenly find the trading Grail and achieve the great wealth and status of their dreams. Whether they realize it or not, however, they are still making progress. Each new observation of the market, each trade they execute, no matter how small, adds to their wealth of knowledge. They intuitively learn what to do and what not to do. They may see a slight variation of a classic chart pattern emerge and learn just how far the pattern can deviate from the prototype and still forecast the movement of the stock price. On another day, they may learn a new way to place a protective stop so that you may lock in profits.

Trading is challenging. Few survive to trade over many years. The traders who do survive, however, know how to stay focused and patient. They don't go for quick thrills, and unrealistically huge profit objectives. They know that losing is easy and can happen in the blink of an eye, but building capital back up can require difficult work over many weeks. Instead of going for risky, exciting trades, they seek out high probability setups, take steps to protect capital, and execute the trade decisively, according to their trading plan. They may not have an exciting tale to brag about to their friends, but they take home a tidy profit. And when they make trade after trade, the small profits add up, and they end up with big profits in the end.

So when you feel that your earnings have reached a plateau, don't get discouraged. As long as you are making profits, and staying in the game, you're continuing to develop your trading skills. You're adding to your knowledge base. You're developing a more intuitive feel for how the markets operate. It may not seem like you're making the profits of a "Market Wizard," but if you keep at it, you'll be one of the rare few that join the ranks of winning traders.

Mouser57 of Penny Stocks and Canadian Stocks

Stop Losses and Stock Trading

I am sure that anyone who calls themselves a trader has read plenty regarding stop losses. Even I have written more that one article on the topic. It stands to reason that this is a topic of discussion, because of one simple fact. Not taking stops is still the number one reason traders fail. Despite all of the articles on this topic, and all of the attention this topic commands, people still have issues with stop losses.

Maybe this will help. I recently have been asking traders that I am instructing a simple true-false question: On a typical day, if you ignore your stops, you will lose money due to not stopping out when you should have. True of false? After only a moment of thought, 99% of the traders asked, quickly belt out the answer that they think will please the teacher. "TRUE!" they yell, "Not taking stops are the number one reason traders fail!" As if they had just finished reading a book on the topic. Then they are often quite dismayed to hear the teacher say, no, the answer is false.

Why false? Simple. There are a great many times a trade stops by a small amount, only to come back later in the day and actually be a winner. This sets up a subconscious pattern to continue the behavior. It is known as "winning the wrong way", as described in the book "Tools and Tactics for the Master Day Trader". As a matter of fact, this actually happens more often than not for many traders, and you can find this out if you track your trades and research some of these things. It will vary greatly with your trading style, but I would estimate that the 'average' day trader may actually lose a little money on the typical day by taking stops as opposed to not taking them. So, why use stops then?

If you are confused right now, it is because you don't understand the rationale for using stops. Stops have one simple purpose, and those who have taken our Trading the Pristine Method Part One know this because the very first time they are introduced to a stop loss it is called the 'insurance policy'. It is not that missing one stop is a guaranteed disaster. The point is that if you make it a habit, you will get caught one day. Getting 'caught' may mean the end of your trading career. I cannot tell you how many times I got asked in the year 2001 a very similar question. Someone with BRCM, or a similar stock, which they bought at $250.00, wants to know if they should sell it now at $9.50. Did they buy it at $250.00 with a stop at $9.51? No. They bought a 'scalp' with a stop at $248.00. They just didn't take their stop, and got caught. This 'mistake' cost them their trading career, literally.

If you drive without auto insurance you may brag to your friends how you just saved $3,000.00 over recent years. Until you have an accident and get hit with the million dollar suit. Then your financial life is over. Bottom line, playing with stops is playing with your career. Manage them in a way that makes sense for you, but don't ever violate your plan and don't ever, ever, ever, carry a trade overnight that was not intended to be a swing just because you cannot bring yourself to sell the position.

Mouser57 of Penny Stocks and Stock Message Board

4 Advantages Of Mutual Fund Investing

Mutual funds have grown in popularity over the last few years to the point where it's harder to find an investor who is not using mutual funds than one who is. The popularity of mutual funds is no surprise when you consider that they are one of the easiest investments to use and require very little knowledge of the financial markets. There are 4 main advantages that mutual funds offer every investor, as you will learn in this article.

The first advantage of mutual fund investing it that mutual funds offer professional management of your investment dollars. Mutual funds are run by fund managers, who are essentially watching over your investment daily. There is almost no other place where you get that kind of investment management without paying huge management fees.

The second advantage of mutual fund investing is that mutual funds are extremely liquid. Any investor can sell his shares in a mutual fund any day that the stock market is open. Compare that to investing in real estate, CDs or even stocks that have low trading volume which can takes weeks to months to liquidate your stake. The liquidity of mutual funds gives any investor the ability to get out of the investment quickly if needed.

The third advantage of mutual funds is the diversification that they offer. Mutual funds invest in tens or even hundreds of different stocks, bonds or money markets. Trying to duplicate this type of diversification in your own portfolio would result in very high trading fees, not to mention huge headaches from tying to monitor hundreds of stock positions. This leads us into the fourth advantage of mutual funds, lower fees.

Mutual funds have very low fees due to their ability to take advantage of economies of scale. Since mutual funds are pooling the investment dollars of so many investors they can buy stocks in larger quantities which leads to lower fees for mutual funds investors. Numerous mutual funds have fees that are under 2 or 3%.

Mutual funds are growing at a feverish pace as more and more investors put their money in them. But considering the great advantages that mutual funds offer the average investor all the way up to guy with the multi-million dollar portfolio, it's really no surprise.

For more great stock investing advice and information on investing in mutual funds take a look at the online investing for beginners guide at Start2I

Investing For Beginners

Wanting, hoping & wishing for more money is something we all do and at some point in our lives it can and does happen; from a win on the lottery to an inheritance, pay rise or gift the next question is always: what to do next? Will it be spend, spend – holidays, cars – or should it be save, save, save. Devil or angel? Your heart or your head? However, does it have to be such a stark choice – can you spend and still have enough to maintain a lifestyle without worry – of course so long as you remember two golden rules from the master himself, Warren Buffet: Rule one is "preservation of capital", rule two "never forget rule one" They apply whether you decide to handle your financial affairs yourself or employ a professional.

So what are the basic rules of investment and how do they work? First you must understand yourself and, in particular, your view of risk. What does this mean? It means being honest with yourself and how you view both money itself and risk. Your values and beliefs about these will have been established at a very young age, primarily via your parents and those closest to you. If your view of high risk is to lose £100 in an investment decision, then I would suggest that you have a very low risk threshold. Alternatively if you are happy investing £250,000 in a new business venture and can sleep easily, then your risk threshold is high. Both views of course, have to be measured against your overall wealth. You can establish your own "risk profile" by completing any of free online personality tests such as those found at If you decide to use a professional adviser this is the first thing he or she will try to establish. Put simply, they will try to understand the limit of your comfort zone where money is concerned, as well as your long term financial goals and objectives. Many of the financial markets are extremely volatile, and prices can move significantly on a day to day basis. The US market for example is considerably more volatile than the UK market. For example, a share in the FTSE 100 can move up to 10p in a day whereas a share in the equivalent American market can move one dollar or more (60p) – i.e. 6 times as much per day.

You've now taken the test and spoken to the experts what next? What will be the key to your success? Diversification or, put more simply, spreading it around will be key, because that is what the successful boys, and increasingly girls, do. It is simple common sense - you do not put all your eggs in one basket as this is asking for trouble. If you had £100,000 to invest, you might put 15% into shares, 10% in premium bonds, 25% in Government Bonds, and the rest into property. Most millionaires are risk averse, they just manage their risk better by preserving their capital, diversifying to spread the risk, and using sound money management techniques. Perhaps this is why they are millionaires!! Just watch Dragons Den and see how careful they are. Once you have established your risk profile, and accepted that in order to increase the value of what you have it will be necessary to trade and invest, what markets or investments should you choose? Property, pensions, shares, bonds, unit trusts, options, derivatives, precious metals, currency, the list is endless. It all sounds very complicated and intimidating. In fact it doesn't have to be. There is no reason to feel threatened or intimidated because by asking simple direct questions everything can be explained very easily and in a non patronising way. Remember this is your money and these are your dreams; never, ever invest in anything you do feel comfortable with or fully understand. If it can't be explained clearly and simply or it keeps you awake at night, you shouldn't be in it!

Anna Coulling is a full time currency trader providing free advice and help to women traders and investors around the world via her web site. She has been trading for over 15 years, and has experience in a wide range of financial instruments including stocks,shares,options,spread betting and futures. To contact Anna please click on the link below : trading,investing,women,traders,shares,stocks,currency,forex,options,calls,

How The Financial Markets Really Work

You probably take for granted that you can buy or sell a share or stock at a moment's notice. Place an order with the broker and within seconds it is executed. Have you ever stopped to wonder how this is possible. Whenever an instrument is bought or sold there must be someone on the other end of the transaction. If you wanted to buy 100 shares of McDonalds you must find a willing seller and visa versa. It is very unlikely that you are always going to find someone who is interested in buying or selling the same quantity at exactly the same time - this just does not happen. So - how does it work? This is where the MARKET MAKER comes in!!

The market maker is like a wholesaler. Customers arrive and leave all day long, some returning goods to the warehouse, others leaving with new purchases from 8.00 am until 4.30 pm every weekday (in the UK). The difference with this operation is that the wholesaler only has one item to trade, which are all identical. These items are continually bought and sold. The only responsibility that the wholesaler has it that he must keep his doors open during market hours, and he is responsible for setting the prices, second by second and hour by hour. He makes his money by buying at a lower price and selling at a higher price. This is known as the spread and has two components - a bid price and an ask price. He makes his money on the difference between the two which is his profit. This may only be pence or cents, but when you are dealing in 100's of millions of shares it is a vast amount of money.

Now - let me ask you a question - what happens when a customer comes in for a large buy order, but there are insufficient goods available. A normal wholesaler in the real world would buy in more goods from the manufacturer to fulfil the order. Our wholesaler does not have this option, he has to encourage people to sell to him, otherwise he has nothing to offer his customers. So what does he do? ( here's a clue - he sets his own prices for the market !!!) He has two options available. Firstly he could move his prices down fast and frighten people into panic selling. Alternatively he could move his prices up quickly, and encourage people to take some profits and selling. Lets assume that he decides to take the first course of action and he moves his prices down fast ( probably on the basis of some fictitious piece of news or gossip, or even a world event)

Surprised? - you shouldn't be. This happens every hour of every day of every week in all markets around the world. Is this market manipulation - yes of course it is. It also explains why markets fall faster than they rise - in the fall the wholesaler is in a hurry to get new supplies of goods, on the way back up he is taking his time making profits. This technique is known as ' shaking the tree' for obvious reasons!!! Naturally he cannot frighten everyone too much, otherwise he could end up with too many sellers and not enough buyers (he could of course have moved the prices up to encourage some clients to sell and take their profit - there is always more than one way to skin a cat!!!!)

The wholesaler is of course the MARKET MAKER. They are professional traders. They are licensed and regulated and have been approved to 'make a market' in the shares you wish to buy and sell. They are usually large internationally banking organisations, usually with thousands or tens of thousands of employees worldwide. Some of them will be household names others you will never have heard of, but they all have one thing in common - they make vast amounts of money. As you can now see (I hope) the market makers are in a unique and privileged position, of being able to see both sides of the market (supply and demand). They also have the unique advantage of being able to set their prices accordingly. Now - I don't want you to run away with the idea that the entire market is rigged, it is not, as no one market maker could achieve this on their own, but you do need to understand how they use windows of opportunity and a variety of trading conditions to manipulate prices.

The above explanation is of course a vast over simplification but the principle remains true. In America, the NYSE and AMEX have a single member known as a specialist that acts as the market maker for a given security. Other exchanges such as the NASDAQ, have several competing market makers for the same security. Do they ever work together? (I'll leave you to be the judge of that !!!!). On the London Stock Exchange there are official market makers for many securities (but not for shares in the largest and most heavily traded companies, which instead use an electronic automated system called SETS).

Now why I have spent so much time explaining what these companies do when actually you never see them at all. The answer is very simple. As professional traders they sit in the middle of the market, looking at both sides of the market. They will know precisely the balance of supply and demand at any one time. Naturally this information will never be available to you, but there is a way to interpret it from a chart using one single indicator. That one indicator is VOLUME. Whilst they will use every piece of news, world event, rumour and gossip to manipulate prices and the markets, this is one piece of information that they cannot hide (although even this they delay on larger orders).

Volume shows the activity of trading during the particular time period chosen which can be anything from 1 minute to 1 year. However, volume on its own does not tell us much, other than the number of securities traded in the period. Comparing one day with another tells us a little more, and it is then not difficult to see whether today's volume is high, low or average. If you have 20 people standing in a row, it is easy to see who is the tallest, shortest, and those of average height. However, add the volume to the price spread for the time period, and suddenly using common sense and the knowledge above, you can begin to start reading the market.

Anna Coulling is a full time currency trader providing free advice and help to women traders and investors around the world via her web site. She has been trading for over 15 years, and has experience in a wide range of financial instruments including stocks,shares,options,spread betting and futures. For more information or to contact Anna please click on the link below : trading,investing,women,traders,shares,stocks,currency,forex,options,calls,puts.

Stock Research – Apple Computer rocks world with NEW PHONE

It is extremely rare in the business world to find a corporation that starts a revolution, and then the very same company leads another revolution. Steve Jobs who runs Apple Computer successfully stood the computer world on its high legs, and then shook its foundation when he created with his associates the very first personal computer. Yes, there were others before him, but they were nothing in comparison to the Apple. The operating system that Apple uses is still acknowledged to be vastly superior to anything that giant Microsoft has ever come out with.

Jobs did make one mistake however, and this mistake cost him his only opportunity to become the richest man in the world. Several decades ago, Apple had the opportunity to license the operating system to other personal computer manufacturers. Jobs made the mistake of believing that it was ABOUT THE HARDWARE. In reality, it was about the software.

Apple never licensed the software, and Microsoft did, which allowed the inferior Microsoft system to become the industry standard, which it still remains today. Gates became the richest man in the world, while Jobs had to settle for selling Apple personal computers with the software embedded into the hardware.

As an aside, the best investment Jobs ever made was probably the 10 million he put up to buy half of Pixar films. Disney passed on that $10 million deal, instead choosing to pay $4 billion plus for the same $10 million dollar investment that Jobs made, only it was several years later.

Jobs' creation of the iPod revolutionized the music industry, which has experienced no growth for years until Apple came along and sold a 100,000,000 iPods that required music and its associated royalty fees. The music industry should give an award ceremony just for Apple.

Now Steve Jobs and Apple Computer, soon to become Apple Inc. are at it again. This time Jobs and company have created a cell phone device that threatens to create hegemony over the entire cell phone industry. The problem today with sophisticated cell phones is that they are too difficult to operate. The buttons on the blackberry require that you use a stylus to trigger them. Another cell phone, the Treo is not that much better in terms of operational design features.

What Jobs has done for this industry is take it to the next level, and what a level it is. It really shouldn't be called an iPhone. The phone features of this device are probably the least interesting. I have spoken to two technology mavens that have access to this new device, and their features startled both. This is the equivalent of going from silent films to the talking movie era.

Imagine yourself struggling with the Blackberry small buttons or the Sony Treo? Now along comes the iPhone. There are practically no buttons on the device. It's got a very large screen, which dominates the front of the device, and it is a touch screen. You operate it by finger alone. It scrolls the various listing almost like a roulette wheel. It slows down, and zeros in on the item you want. As it is slowing down, you have the opportunity to re-engage the scroller. It's almost as if it has artificial intelligence built into it – that's how good the user interface is.

This flicking or scrolling feature also applies to iTunes software and your photo collection, address book, videos, and podcasts. With a 3.5 inch screen, movies are far superior to previous Apple products, and there's real time e-mail delivery similar to a corporate Blackberry but without the extra fees involved.

Now without the small keys that I have on my Blackberry, you have to touch the screen of the Apple to send messages. It is clearly not as precise as the tactile response of a Blackberry, but the software wildly overcomes that deficit. The Apple software has spelling correction software built into it, so if you hit the wrong key the device corrects it.

Browsing the web with this device is a mindblower due to what is called the "Pinch feature". You can take a Web page that you are looking at, and with your thumb and forefinger pinch the picture wider or narrower, higher or lower. The real beauty here is the simplicity of the entire device.

Most products that are designed by engineers are created with an added level of complexity built into it. It's like a writer that wants to use words that very few people understand. Why do people design like this? It's because they want to impress themselves, and others with their brainpower. What is more interesting is how such designs survive to become marketed products.

The American car market self-destructed when for 20 years, the companies were run by financial / accounting types, not people who LOVED CARS. Apple has clearly developed a corporate culture that puts functional design first, and engineers, and software geeks second. From the PC to the iPod, and now the iPhone, we have a history of fabulous, sterling products coming out of this American design factory.

These guys even put the speaker on the bottom front edge of the product . I have a Motorola Razor that when I put down in the car, I can't hear it when it rings, the speaker is on the back. You will notice that Motorola stock took a hit to the downside this week with the unveiling of the iPhone. Apple's new product is not cheap. It will sell between $500 and $600 per phone depending upon storage capability. Cingular will be the only carrier at the moment.

So the real question is at this price point how much of the market can the iPhone capture. My firm's answer is plenty. Apple is looking to ship 10 million phones by the end of 2008. This equals about 1 percent of annual worldwide cell phone sales. We think that the sales goal is easily achievable.

You can buy a Blackberry, Treo, or Razor cell phone for $200 to $300. You still need an iPod if you are into music. The iPod sells for a couple of hundred dollars by itself. At some point Cingular, or other cell phone companies will be kicking in part of the cost in order to get subscribers. That amount is usually up to $100 per phone. We see people standing on line to get this product. Will you be one of them, I will?

People pay big bucks for snob appeal and status, and this product qualifies for the ultimate status definition. Status is buying things you don't need, with money you don't have, to impress people you don't know. Stay tune for more.

Goodbye and Good Luck

Richard Stoyeck’s background includes being a limited partner at Bear Stearns, Senior VP at Lehman Brothers, Kuhn Loeb, Arthur Andersen, and KPMG. Educated at Pace University, NYU, and Harvard University, today he runs Rockefeller Capital Partners and StocksAtB

Assess risk and stages of trading penny stocks

"Fundamentals, while important, DO NOT help the investor or trader assess risk and timing issues in the HERE and NOW."

Sound methods follow the investor or trader who has a sound mind.

I repeat!

Sound methods follow the investor or trader who has a sound mind.

In other words:

Proper investing or trading is a by product of PROPER THINKING.

I have read over a hundred books on investing and many more magazines and articles than that. I have found that there are many strategies out there for selecting a stock and triggering a buy signal.

Momentum investing, trend following, turtle traders, Pristine methods, reversals, snap backs, the anti, the holy grail, momentum pinball, gap reversals, range contraction and many, many more coming from Investors Business Daily, the Market Wizards and an endless number of other individuals. All of them have a strategy that gets them into the market. In spite of the many different strategies for buying stocks, they all have the same strategy for managing losses. Every one of them say you should hold your losses to a minimum.

THINK ABOUT THAT!

Every single successful investor or trader, using many different strategies for entering a position use the same strategy for limiting losses. And, not a single person recommends averaging down on stock that has turned against you. NOT A SINGLE ONE! I know there are some out there that can point to a trade or two where it bailed you out of making a mistake but, if the strategy were successful, you'd be one of the mere 5% of people who outperform the market on a consistent basis.

If you want to win big, you must lose small.

The difference between those who are most successful, and those who aren't, is in the way they handle their losses. It's not a matter of how well they win, but how well they lose. If you learn to manage your losses, the wins will take care of themselves. As a young Marine, I was taught how to manage men in combat. There was a time to attack, a time to withdraw and a time to protect the ground we earned. Investing and trading are like that. There are 3 steps that should be taken in every trade as we try to achieve our objective.

1. The attack stage.

2. The withdrawal stage.

3. The protective stage.

With this in mind, there are 3 components to every trade. One entry and two exits. One exit below your entry price and one exit at your price objective. Once you have determined your entry (what I call the attack stage), it's important to know when your battle plan isn't going the way as planned. Assuming that your dollars are soldiers, how many lives would you be willing to risk to prove your battle plan wasn't working?

When your battle plan isn't working, it's important to withdraw your troops and regroup, so you can fight another day. You must know in advance, at what point the trade isn't working, and cut your losses so you can fight another day. If the battle plan isn't going according to plan, there comes a time when you must protect the ground you've gained. You don't want to sacrifice lives and then lose the ground they fought so bravely to obtain. You set up perimeters that you can defend. In the world of investing, we must set up perimeters to defend as well. As your trade turns profitable, you must protect the gains that are in place.

THE MARKET DOESN'T GIVE GAINS, THEY MUST BE TAKEN. It doesn't do any good to find an excellent prospect and have a nice gain and then give that gain back in a correction. Profits don't count unless you take them.

Trailing stops and moving averages are some of the tools we can use to set up our protective perimeters. There are 3 components to every trade. One entry and two exits. These components should be in place when the trade is made so you don't get caught by surprise. And, there are 3 actions required if we are to be consistently profitable. The actions we must master are the attack stage, the protective stage and the withdrawal. Manage your dollars like you would manage real people. Your leadership skills are at stake. Work smart. To win big, you must lose small!

Mouser57 of StockH Penny Stocks Investing

Losing streaks when trading penny stocks

Every trader at some point in his career will have to face one or several "losing streaks". This is a fact of this business, and whoever tells you this isn't so hasn't traded enough or is a big liar. Losing streaks can be produced by a faulty use of a tactic, inefficient analysis of market direction and internals, or other situations. These consecutive losing events can not only produce a drastic drawdown in your account, but even worse, can cause considerable psychological damage that might take forever to correct. Let's talk about some of these issues and some ways to correct them.

The first problem with a losing streak is the fact that it "tends to produce mounting losses" (Not funny). After the trader has finished his paper trading period (Interestingly, losing streaks rarely happen at this stage), the trader will have to deal at some point in his development with the diminishing capital caused by streak of losses. Depending on whether the trader has established a proper trading plan to deal with his development, this streak will be more or less bearable. Consistency in the application of a plan and a set of tactics takes time, so it's more likely that a trader will have to contend with losing streaks during his development when he is trying to grasp and refine his approach. Thus, a proper money management scheme that looks to protect capital during the developmental stages is paramount. As the trader gains consistency, his plan will protect him from extremely bruising losing streaks, by establishing maximum losses per day or month, and by regulating the steps a trader should take in case he is facing one of these streaks.

Even more troublesome to the trader might be the psychological consequences of a bad losing streak. When you face a losing streak, and you lack a proper plan, you might have to deal with 'trader's paralysis". This occurs when you had a severe loss, which produces such a fearful state that makes it impossible in your mind to take a new position. Confidence is lost. To climb back in the saddle, the trader has to create a process to recuperate such confidence step by step. It should begin with a brief paper trading period. Then, when the trader begins to trade real money, it's a very common mistake to try to enter into positions with very small stops (Read one of my past commentaries on "The Fallacy of Small Stops") believing those will keep him from further draw downs. This might be a huge mistake. I believe that in order to regain confidence, the trader should enter into positions with wide enough stops so that the probability of it getting hit short term is very small. He might even consider entering into positions with not so great risk/rewards, just so he'll be able to remain in the position for as long as it takes until it hits the target or stop. This might allow him to regain his confidence that he can hold a position. Of course, this is only to regain confidence, and afterwards the proper selection of risk-reward plays is still paramount to a trader's success.

Have a great trading day!

Mouser57 of StockH Penny Stocks, Stock Picks and Stock Message Board

Rules when trading penny stocks

There are many different rules people create when stock trading. Without rules a stock trader would be lost because they need a system that works for them. With this in mind these are some rules that I follow.

1. Understand the difference between confidence and unreasonable expectations. You should believe that every trade you place, based on your systematic criteria, is going to be a winner. If you are not confident of that, then don't place the trade. However, realize that over a given length of time, at least some of your trades will work against you. Even a great trading system fails sometimes, so your job is to make sure your system has an overall net positive return. If you are redefining your trading system for every trade in an effort to insure success, that is simply a signal that the system is ineffective.

2. Cut losses. It is critical that you be willing to take small losses before they turn into big losses. I can't tell you the number of times I've heard someone say about a stock "I'm sure it will come back.", only to see the share price continue to deteriorate. Besides doing damage to your account value, riding a loss can be a substantial blow to your confidence. If you are that confident about a stock, then sell it at a small loss and buy it back when you see it begin to turn around.

3. Don't try trade your way out of a loss. (This is an extension of rule number one.). By this I mean don't follow up a loss by placing a trade you wouldn't have normally placed in an effort to make up for the loss. The past can't be changed, so let go of it and approach the next trade in an unbiased manner.

4. Constantly learn. I'm not going to say there is something to be learned with every loss, because sometimes there is not. When there is something to learn though, then you certainly should learn it. More importantly, if what you learn is something that will improve your trading system, take it and apply it to your system. (Notice here that I said to apply it to your system, not just to your next trade.) Your system must have an overall net positive result, but there is nothing wrong with constantly improving your system.

5. Don't let losses paralyze you. It's just part of investing. While a loss may give us reason for caution, take a step back and look at your overall goals and your overall trading approach. If your confidence is injured, then paper trade for a while until you can see that your system has merit and you can invest successfully. It's imperative that you don't simply avoid investing.

Mouser57 of StockH Penny Stocks Stock Message Board

Thoughts when stock trading

In summary, your trading plan must account for the emotions you will be prone to experience, particularly those related to managing fear. As a trade, you must move from a fearful mindset to mental state of confidence. You have to believe in your ability as well as the effectiveness of your plan to take profits that are larger than the manageable losses. This builds the confidence of knowing that you are on the right track. It also makes it easier to continue to execute new trades after a string of losing positions. Psychologically, that's the critical point where many individuals will pull the plug, because they are too reactive to emotions as opposed to the longer-term mechanics of their plan. If you're not sure if you can make this leap, know that you can if you start small.

Too many investors have an "all-or-none" mentality. They're either going to get rich quick or blow out trying. You want to take the opposite mentality - one that signals that you are in this for the longer haul. This gives you "permission" to slowly get comfortable and to keep refining your plan as you go. As you focus on execution while managing fear, you realize that giving up is the only way you can truly lose. You will win as you conquer the four major fears, to gain confidence in your trading method and, ultimately, you will gain even more confidence in yourself.

Do you use stops on all your trades? Trading without stops is the ego wanted to never be held accountable to admit that a position was a mistake if a certain level is breached or if a certain set of circumstances play out in an unexpected manner.

Let the market take you out. This takes your ego out of the decision - this decision on what stop level to exit should be calculated before entering the trade. Again you want to prevent your mind playing tricks by rationalizing a new reason to hold on to a poor performer. I review my trading journal each day in order to remind myself of the #1 Entry Driver for the positions and key stop levels - if any of these are broken, I have lost the edge projected and should exit such busted trades immediately.

Most traders think of stops relating to their exit of a position, but I'm finding these days that one of my most preferred entry techniques also involves a stop. A stop order to buy (or "buy stop") becomes a market order when the option contract trades or is bid at or above the stop price. A stop order to sell (or "sell stop") becomes a market order when the option contract trades or is offered at or below the stop price. The objective here is to only buy when the stock takes out a significant prior high, or sell when the stock breaks to a meaningful new low point. In this way I make the stock prove to me that it wants to make the anticipated move. If it doesn't, I don't get into the trade. I've found this method far superior to the limit order technique of trying to buy below the current market price or sell above the current market price. What I generally have found is that limit orders hoping for a better price are merely another ego behavior to believe that we can tell the market what we want it to do. In turn when I missed out on getting filled due to a tight limit order, I was often left watching from the sidelines as the stock mounted a continued trend. The stop entry has triggered me into some trends that I would have otherwise missed.

You should define an initial stop point for your trade, before you enter the trade. This determines the risk you are willing to take. The whole purpose of a stop in my opinion is to define the point at which the trend is invalidated. The potential reward should preferably be three or more times the risk you are willing to take. Next, you need to determine if a position is working for you, how will you protect your profits? This is known as a trailing stop. In a good uptrend, I prefer to use a close under the 10-day exponential moving average as my trailing stop, unless I am using another method as my driver in the trade, such as a close back into a stock's Acceleration Bands.

At this point, let me explain my preferred stop method. I tend to use "closing stops", meaning I don't want to place my stop order intraday to be gunned by the floor or taken out by day-trader noise. Many battles are fought during the trading day, but the war is won at the close. We want to wait to see who wins the war at the end of each session. If XYZ stock is going to close against my closing stop level, then I place a market order to close the position in the final minutes of trading (if you miss this exit as subscriber for any reason, you can still place a market order to exit on the next morning's opening price). If the stock happens to be within a few cents of this level and it is unclear, I will wait for the close, and if my level breaks, I will make sure to sell it at the market on the next trading day's opening price. This has kept me from getting whipped out of a number of good swing trades during the day, while still giving me the ability to exit when the stock has proved me wrong by day's end. Some worry that a stock may move too far against them by the close compared to an intraday stop, and occasionally a stock will be filled well against our closing stop by the end of the day. But that risk is small compared to the bigger risk of getting whipped out of a position intraday, only to have it post a strong reversal in our favor and be off to the races. I call these "Bend But Don't Break" points. You want to wait for the end of that bar's close. If the chart is a weekly chart, wait until the end of the week's close to stay with the true trend while others will tend to get faked out.

Mouser57 of StockH Hot Penny Stocks Stock Message Board

Fear of not being right while stock trading online

There are the four many fears in trading, and how you can work to handle them. The one I am going to be talking about here is the fear of not being right while stock trading.

Fear of Not Being Right

Too many traders care too much about being proven right in their analysis on each trade, as opposed to looking at trading as a probability game in which they will be both right and wrong on individual trades. In other words, their overall method will create positive results.

The desire to focus on being right instead of making money is a function of the individual's ego, and to be successful you must trade without ego at all costs. Ego leads to equating the trader's net worth with his self-worth, which results in the desire to take winners too quickly and sit on losers in often-misguided hopes of exiting at a breakeven.

Trading results are often a mirror for where you are in your life. If you feel any sort of conflict internally with making money or feel the need to be perfect in everything you do, you will experience cognitive dissonance as you trade. This means that your brain will be insisting that you cannot exit a trade at a loss because it ruins your self-image of perfection. Or if you grew up and feel guilty about having money, your mind and ego will find a way to give up gains and take losses in the markets. The ego's need to protect its version of the self must be let go in order to rid ourselves of the potential for self-sabotage.

If you have a perfectionist mentality when trading, you are really setting yourself up for failure, because it is a given that you will experience losses along the way in trading. Again, you have to think of trading as a probability game. You can't be a perfectionist and expect to be a great trader. If you cannot take a loss when it is small because of the need to be perfect, then the loss will often times grow to a much larger loss, causing further pain for the perfectionist. The objective should be excellence in trading, not perfection.

In addition, you should strive for excellence over a sustained period, as opposed to judging that each trade must be excellent. The great traders make mistakes too, but they are able to keep the impact of those mistakes small, while really riding their best ideas fully.

For the trader who is dealing with excessive ego challenges (yet, who wants to admit it?), this is one of the strongest arguments for mechanical systems, as you grade yourself not on whether your trade analysis was right or wrong. Instead you judge yourself based on how effectively you executed your system's entry and exit signals. This is much easier for those traders who want to leave their egos at the door when they start to trade. Additionally, because we are raised in a highly competitive culture, the perception of a contest or competition will also bring out your ego's desire to win and beat others.

You will be better off seeing trading as a series of opportunities that will become apparent to you, and your task is to create a plan that finds opportunities with potential rewards that are several times greater than the risks you incur.

Be sure you are writing down your reasons for entering each trade, as the ego will play tricks and come up with new reasons to hang on to losing positions once the original reasons have evaporated. One of our survival mechanisms is remembering the good and omitting the bad in our minds, but this is dangerous in trading. You must acknowledge the risk and use a stop on every trade to admit when the analysis is no longer timely. This helps prevent undesirable situations where you get stuck in a position because you did not adhere to your original stop. This is a bad use of capital being tied up in an under-performing position, when there are likely to be many better opportunities elsewhere. Trading without stops is an ego-driven approach that hopes to avoid accountability for a losing trading idea. This is an unacceptable behavior to the successful trader, who knows he must limit risk with stops to stay in the game for the next trading opportunity.

Mouser57 of StockH Hot Penny Stocks Stock Message Board