About Me

I am a day trader making a living by trading everyday from opening bill till the closing, then spending couple of Hours searching or trading after hours. I have had some success, but by no mean I consider my self as an expert. I know, and I am looking for ward to learn more from you.

The purpose of this site is to provide a form which everybody can express their opinion and to post what your picks and tell us why we should buy your picks. I will do the same. I will be posting my watchlist,, my plays, And, I will be explaining why I am making my move. The whole idea is to learn from each other to become better traders. This form welcomes you to become part of the discussion.  Any input is most definitely welcomed here.

My trading strategy is very simple as follow

1-   I am news junky.  I buy on news. I will try to post any major news break during trading Hours, as soon as it hits the wire.

2-    I use a specific soft wear to find breakouts by just running a simple filtering to scan hundreds of stocks daily. I will post my finding.

3-   Buy at support sell at resistance. If the resistance can hold

4-   Watch for last minutes of the market and find stocks which get huge buying.

5-   Read MM´s intention by focusing on their buying or selling blocks. 100shares of penny stocks buying or selling doesn’t make sense when the commission fee is larger than what you paid for the stock. Only MMs can get away with it. Learn how to plsy their game since you can not beat them.

6-    Finally in pennyland sometimes the Chart does not tell the full story, but its important to understand them and use them as supporting tool to identified momentum and other factors which can help me to make my decision in buying or selling.

Thank you and Good Luck.

English is not my mother language, please don’t let language barrier distract you from fact finding aspect.