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Strategies & Market Trends : Trading For A Living

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To: cool who wrote (73)5/21/1998 6:37:00 PM
From: R Stevens  Read Replies (1) of 1729
 
John,

Big Dog states that he does well with Bulletin Board stocks. Another person expressed there preference for "penny" stocks.

To me that is like the wild west where the legal authorities don't have much control. If you had to gamble would you place a bet with the guy on the corner shuffling a pea under three walnut halves, or go to Vegas where at least the gaming commission is regulating the action?

Two recommendations:

1. Trade stocks with higher volume so you can get in and out more easily.

2. Trade stocks on the larger exchanges like the NYSE and the Nasdaq where the regulations and company reporting requirements are much stricter.
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