Have had a great week considering have spent most of it at soccer fields with my son and surfing.
Have the last vacation of the summer next week, have 3 positions open:
QFOR & COCP : have limit orders to cover these, not looking for huge gains, just safe and easy
UVND : spread trade that filled 842 shares today, ¢.16 gain, have some shares left that will fill Monday with my limit order
Coming back on the 4th will have some things changing regarding my daily routine and how I will be available in a chatroom on a GREAT site!
Friday, July 25, 2014
Settings for Google Finance Stock Search
This is the way that I use the site to find stocks that have spiked that I can short the next day or days.
Google Finance Stock Screener
1) "X" out all criteria and start from scratch
2) Change markets to OTC
3) Add criteria:
Price - Last Price
Price - Quote Change
Stock Metrics - Volume
4) Change Price to scan from ¢.20 to $1.00
5) Change Quote Change to scan at least for 5%
6) Change Volume to scan at least 50,000 (this is the one that I will change the most, up or down just to see what it pulls up)
When I have that list I will have my charting software up on another screen and just type the tickers I want to see into it to look at the chart. I am looking for a something that has spiked from a relatively flat or sideways price action, a bounce from a dump or a SMIKE (a small spike).
This usually pulls up around 20 tickers, based on the number I will move the numbers a little but this is the first set up I use and my most productive.
Google Finance Stock Screener
1) "X" out all criteria and start from scratch
2) Change markets to OTC
3) Add criteria:
Price - Last Price
Price - Quote Change
Stock Metrics - Volume
4) Change Price to scan from ¢.20 to $1.00
5) Change Quote Change to scan at least for 5%
6) Change Volume to scan at least 50,000 (this is the one that I will change the most, up or down just to see what it pulls up)
When I have that list I will have my charting software up on another screen and just type the tickers I want to see into it to look at the chart. I am looking for a something that has spiked from a relatively flat or sideways price action, a bounce from a dump or a SMIKE (a small spike).
This usually pulls up around 20 tickers, based on the number I will move the numbers a little but this is the first set up I use and my most productive.
Wednesday, July 23, 2014
7/24/14 - Watchlist ..sort of
I covered XNNH today for a loss! I did not like the trade and should not have gotten into it. Was trying to see if I wanted to start to short these pumps below ¢.20... it is what I thought and I do not want to. Good to know...
Summer is winding down for me, one more week going on vacation next week where I will not be able to scan for tickers so any positions I have at the end of this week will be what I will carry and/or cover through the week.
I will be reinitiating my strategy of trading the spread of some stocks. It is a successful and easy strategy for me. The tickers that I trade ( short ) are not just ones with large spreads between the bid and the ask, they are former pumps that are now thinly traded and the spread shows that. Doing this takes patience and some nerves sometimes but I have developed the game plan for it and feel very comfortable with it.
I have decided to not go after any other strategies. I will increase the share size of my shorts but all else will remain the same.
Have an order to get shares of UVND in the mid ¢.50's, when I get them will immediately try to cover on the bid....spread trade!!! LOVE IT!!
Summer is winding down for me, one more week going on vacation next week where I will not be able to scan for tickers so any positions I have at the end of this week will be what I will carry and/or cover through the week.
I will be reinitiating my strategy of trading the spread of some stocks. It is a successful and easy strategy for me. The tickers that I trade ( short ) are not just ones with large spreads between the bid and the ask, they are former pumps that are now thinly traded and the spread shows that. Doing this takes patience and some nerves sometimes but I have developed the game plan for it and feel very comfortable with it.
I have decided to not go after any other strategies. I will increase the share size of my shorts but all else will remain the same.
Have an order to get shares of UVND in the mid ¢.50's, when I get them will immediately try to cover on the bid....spread trade!!! LOVE IT!!
Tuesday, July 22, 2014
7/23/14 - Stuff
Have 4 positions open and will just be watching them to close.. WSTI, QFOR, XNNH & COCP
I keep a log of my trades with the daily chart on Google Drive I can share it with whoever wants to take a look at it just drop me an email.. zenstock2@gmail.com
Some links to some past posts with good info:
Why I like a Re-Pump
In Defense of Shorting
Short Selling Explanation
When to take profits
Abbreviations I use
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
I keep a log of my trades with the daily chart on Google Drive I can share it with whoever wants to take a look at it just drop me an email.. zenstock2@gmail.com
Some links to some past posts with good info:
Why I like a Re-Pump
In Defense of Shorting
Short Selling Explanation
When to take profits
Abbreviations I use
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Monday, July 21, 2014
7/22/14 - WATCHLIST
If anyone wants to follow my trades send me an email, zenstock2@gmail.com , and I will forward the emails that I receive from IB that alert me when my orders fill. Lots of times my orders hit while I am away from my terminal, usually at a soccer field.
FCCN - BAP - Nice SMIKE to the close on the high @ ¢.45, no shares to be had at the moment but have order in to get them when they come up
COCP - BNC - Like the bounce off the lows in the mid ¢.20's and the fact that it has wicked down 2 of the past 4 days, watching right now for the price action to give an entry
The next 2 are the same as yesterday:
ONCS - BNC - Bouncing off ¢.50, which might hold support as L2 is showing support there also, might be a play there this week
UVND - BAP - waiting for it to go green on the day sometime this week
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
FCCN - BAP - Nice SMIKE to the close on the high @ ¢.45, no shares to be had at the moment but have order in to get them when they come up
COCP - BNC - Like the bounce off the lows in the mid ¢.20's and the fact that it has wicked down 2 of the past 4 days, watching right now for the price action to give an entry
The next 2 are the same as yesterday:
ONCS - BNC - Bouncing off ¢.50, which might hold support as L2 is showing support there also, might be a play there this week
UVND - BAP - waiting for it to go green on the day sometime this week
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Sunday, July 20, 2014
7/21/14 - WATCHLIST
If anyone wants to follow my trades send me an email, zenstock2@gmail.com , and I will forward the emails that I receive from IB that alert me when my orders fill. Lots of times my orders hit while I am away from my terminal, usually at a soccer field.
Have to start shorting these bad and second coming pumpers early, like at the open on the day that they are starting their pump...
CCTC - BAP - ¢.50 is technical resistance and also level 2 waiting for it to get back up and test it
UVND - BAP - waiting for it to go green on the day sometime this week
GIGL - FRED on Friday, will dump
VIOL - Think I got bought in ... again
ONCS - BNC - Bouncing off ¢.50, which might hold support as L2 is showing support there also, might be a play there this week
SCRC - BAP - Will be pumped, interesting that WDCO has 150k on the ask @ ¢.17.. will watch to figure out if WDCO has the ax
INCT - BAP - Not the price point that I usually play but the chart is a beautiful example of a pump and dump pattern
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Have to start shorting these bad and second coming pumpers early, like at the open on the day that they are starting their pump...
CCTC - BAP - ¢.50 is technical resistance and also level 2 waiting for it to get back up and test it
UVND - BAP - waiting for it to go green on the day sometime this week
GIGL - FRED on Friday, will dump
VIOL - Think I got bought in ... again
ONCS - BNC - Bouncing off ¢.50, which might hold support as L2 is showing support there also, might be a play there this week
SCRC - BAP - Will be pumped, interesting that WDCO has 150k on the ask @ ¢.17.. will watch to figure out if WDCO has the ax
INCT - BAP - Not the price point that I usually play but the chart is a beautiful example of a pump and dump pattern
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Thursday, July 17, 2014
7/18/14 - Watchlist
If anyone wants to follow my trades send me an email, zenstock2@gmail.com , and I will forward the emails that I receive from IB that alert me when my orders fill. Lots of times my orders hit while I am away from my terminal, usually at a soccer field.
DPSM - BAP - Getting pumped again....showing some support after hours (CANT ¢.16 50k & PUMA ¢.15 10k) will try to short when is green on the day
UVND - BNC - Dumped Thursday, will look to short into the bounce
QTMM/NVTG - Shoulda, Woulda, Coulda, QTMM did bounce well after the dump so watching it now that I have an idea of what is going on and NVGT I was just not at my terminal or I would have followed my own advise..;-)
CCTC - SMIKE - Run up Thursday, watching if gets some intraday dip buyers to send it back up or another spike at the open
QFOR - SMIKE - Watching for promos...
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
DPSM - BAP - Getting pumped again....showing some support after hours (CANT ¢.16 50k & PUMA ¢.15 10k) will try to short when is green on the day
UVND - BNC - Dumped Thursday, will look to short into the bounce
QTMM/NVTG - Shoulda, Woulda, Coulda, QTMM did bounce well after the dump so watching it now that I have an idea of what is going on and NVGT I was just not at my terminal or I would have followed my own advise..;-)
CCTC - SMIKE - Run up Thursday, watching if gets some intraday dip buyers to send it back up or another spike at the open
QFOR - SMIKE - Watching for promos...
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Wednesday, July 16, 2014
7/17/14 - Watchlist
If anyone wants to follow my trades send me an email, zenstock2@gmail.com , and I will forward the emails that I receive from IB that alert me when my orders fill. Lots of times my orders hit while I am away from my terminal, usually at a soccer field.
QTMM - Can not find the catalyst for the spike, so staying away, do not trade what I do not know
CSTU - BAP - At least 3 pumping this in the morning, all bad pumpers, if they can get it moving up will start a position
GIGL - BAP - Major spike on Wednesday, watching for follow through on Thursday, will start a position @ the open and add as price movement warrants
NVGT - BAP - Up against technical resistance on the daily, pumpers (if they are still there), will try to create a false breakout above ¢.30 to have people to sell to then walk away
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
QTMM - Can not find the catalyst for the spike, so staying away, do not trade what I do not know
CSTU - BAP - At least 3 pumping this in the morning, all bad pumpers, if they can get it moving up will start a position
GIGL - BAP - Major spike on Wednesday, watching for follow through on Thursday, will start a position @ the open and add as price movement warrants
NVGT - BAP - Up against technical resistance on the daily, pumpers (if they are still there), will try to create a false breakout above ¢.30 to have people to sell to then walk away
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Tuesday, July 15, 2014
7/16/14 - Watchlist
If anyone wants to follow my trades send me an email, zenstock2@gmail.com , and I will forward the emails that I receive from IB that alert me when my orders fill. Lots of times my orders hit while I am away from my terminal, usually at a soccer field.
LXRP - BAP - Will probably cover this one in the morning if it drops, safe and easy money
VOIL - Got a whopping 52 shares the other day then got a buy in notice, then got the buy in notification then got a buy in reversal, first time for that, so still have my 52 shares
QTMM - SUP - like the looks of the chart, watching for some support to get pulled @ the ¢.40 level
BANJ - BAP - pumped yesterday, again, looking weak right now and thin
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
LXRP - BAP - Will probably cover this one in the morning if it drops, safe and easy money
VOIL - Got a whopping 52 shares the other day then got a buy in notice, then got the buy in notification then got a buy in reversal, first time for that, so still have my 52 shares
QTMM - SUP - like the looks of the chart, watching for some support to get pulled @ the ¢.40 level
BANJ - BAP - pumped yesterday, again, looking weak right now and thin
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Monday, July 14, 2014
7/15/14 - Watchlist
Have been on vacation for the last week so no computer, plus World Cup is over so no excuses anymore.
OOIL - BAP - Have had this one a LOT longer than I would normally hold a stock, plus it has dipped and I would have gotten out with safe profits but being away from terminal and going on and preparing for vacation, will probably cover tomorrow still getting pumped but will take my safe profits
LXRP - BAP - Got shares today @ ¢.30, will add if goes up but have not seen anything about a follow up pump for tomorrow yet
WSTI - BNC - Small panic on Monday, will see if it bounces during the day to get shares
BANJ - BAP - Getting pumped daily by some BAd Pumpers would have to get to ¢.30 or above to have room downside, worth watching as it looks weak
WPSC - ??? - Nasdaq ticker, which I never trade, just interesting that it is following the exact pattern of an OTC pump and dump
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
OOIL - BAP - Have had this one a LOT longer than I would normally hold a stock, plus it has dipped and I would have gotten out with safe profits but being away from terminal and going on and preparing for vacation, will probably cover tomorrow still getting pumped but will take my safe profits
LXRP - BAP - Got shares today @ ¢.30, will add if goes up but have not seen anything about a follow up pump for tomorrow yet
WSTI - BNC - Small panic on Monday, will see if it bounces during the day to get shares
BANJ - BAP - Getting pumped daily by some BAd Pumpers would have to get to ¢.30 or above to have room downside, worth watching as it looks weak
WPSC - ??? - Nasdaq ticker, which I never trade, just interesting that it is following the exact pattern of an OTC pump and dump
RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky
CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com
Scan on: Google finance
DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.
Subscribe to:
Posts (Atom)