Trader-101 :
I agree bro and less your account justifies it I mean if you're at a minimum amount of money looking at about a hundred $200 account that's the best way to utilize a prophet but make sure you're going into the right trade don't put in a penny stock please whatever you do don't do that I mean you can make a profit but those are pumped by blogs and discords all of them buy it at the same time and you don't know when they're going to pull out so chances are they're making profits off of your losses because they all pulled out together and leave you holding the bag so be careful
Trader-101 :
not to say that don't watch yours bump don't commit to that trade until you see what's moving go where the volume is if you going to commit to a penny stock make sure the volume is there
smarttrade :
I see it is in sell range. observe the moment and invest then. I don't so it all in one stock. penny stocks are dangerous in terms of trend. they go all of sudden down. you should observe the buy sell ratio and trend moving up or down. if it is surely up by seeing green candles for a moment and 13 day ema then you might be investing there.
Trader-101KennSpeed:
you can't buy the market open but yes that would be a call option in that situation but right now futures are down about a hundred two hundred points so I'm going to watch it and see what it keeps doing
J_Fizzle : Never put all eggs in one basket
Trader-101 : I agree bro and less your account justifies it I mean if you're at a minimum amount of money looking at about a hundred $200 account that's the best way to utilize a prophet but make sure you're going into the right trade don't put in a penny stock please whatever you do don't do that I mean you can make a profit but those are pumped by blogs and discords all of them buy it at the same time and you don't know when they're going to pull out so chances are they're making profits off of your losses because they all pulled out together and leave you holding the bag so be careful
Trader-101 : and if you have your heart set on a penny stock I've got some better ones that you can watch that are more likely to run all day market sentiments are to message volume people are communicating back and forth a lot about these trades so those are the ones I would keep my eyes on
$TARONIS TECHNOLOGIES INC (TRNX.US)$
$Novan Inc ()$
$Zomedica (ZOM.US)$
$Karuna Therapeutics Inc ()$
$Enservco (ENSV.US)$
$IZEA Worldwide (IZEA.US)$
watch this list pre-market
Trader-101 : not to say that don't watch yours bump don't commit to that trade until you see what's moving go where the volume is if you going to commit to a penny stock make sure the volume is there
smarttrade : I see it is in sell range. observe the moment and invest then. I don't so it all in one stock. penny stocks are dangerous in terms of trend. they go all of sudden down. you should observe the buy sell ratio and trend moving up or down. if it is surely up by seeing green candles for a moment and 13 day ema then you might be investing there.
KennSpeed Trader-101: In pre market, if the price is rising, would that be a call play? If the price is going down, do a put?
Trader-101 KennSpeed: you can't buy the market open but yes that would be a call option in that situation but right now futures are down about a hundred two hundred points so I'm going to watch it and see what it keeps doing
KennSpeed Trader-101: How can you see the futures data? What would I look for?
Trader-101 KennSpeed:
KennSpeed Trader-101: Okay, because S & P 500 is down .02%, is that what tells us futures are down? How can I use this as a trading tool?
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