My new smaller account $10k challenge got kicked off with a $58 dollar small swing win over night. This is going to be a very disciplined account that I use to turn $10k into $100k in a year.
I'd like to congratulate these PennyPro members for hitting solid base hits in a rough market today.
02:48 pm stoker wal.: Best day ever for me! Small account and new to the game, but up $250ish and couldn't be happier!
02:37 pm cale gre.: +$340 BITCF from .315 to .35 10k
03:05 pm Marco B: sold FNCX 0.665 + $450 every time 10k shares
03:14 pm ronald rob.: Sold FNCX plus 12%
3:46 pm Luke Murray (P2D): thats prob it for me today +$3,694
PennyPro focuses on stocks under $10 that have the biggest potential. Knowing when to buy and when to sell is critical to know this lesson here inside and out. Also, being able to run a quick scan before close can help you find potential gap trades for the following day, this lesson here can help you get that set up.
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Going into Thursday I'll be trading RTTR for a move into the low to mid $.90s where it appears traders have been buying as of late. A run back toward $1.15 would be an ideal area to sell just before previous highs of $1.17.
SINO has been a strong uptrending stock over the last few months. Higher lows is key here on this play so I would set my stop around $2.80 level. Previous highs of $3.38 and then a gap toward $4.00 - $4.75 might be viable.
SFOR for those who love the $.01 stocks this play had a huge day up about 30%. The 20 MA line is at $.02 and then a gap to $.025 so watch this one for a spike over $.02
FNCX a lot of volatility today here with previous highs of $.73 and $.78 all potentials for Thursday. Double bottom around $.40 area will be key if we pull back.
CBLI this starts to look like a solid short trade if we can't break above $5.50 tomorrow and then look for a retracement back toward $4, or if broken potentially toward the $3.30 area where the run started from. As far as going long, look for this to pull back and consolidate for a day or two (maybe a play for Friday late day going into the weekend)
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