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Gold/Mining/Energy : Daytrading Canadian Stocks in Realtime $3.00 or less -- Ignore unavailable to you. Want to Upgrade?


To: parker_meridian who wrote (2604)1/22/2001 11:07:24 PM
From: trade15  Read Replies (1) | Respond to of 4065
 
Parker

Don't discount these low priced penny stocks too quickly. I trade a great deal of high volume swing style stocks everyday , but I have also been accumulating at least one penny dog each day also. They are a totally different style of investment , but if researched correctly, can actually be a safer investment than most of the five to twenty dollar stocks. And the return on investment can be many times greater than anything else out there. But the key is to find the ones that have that potential, and with proper research it is possible. But the key is to get in at the bottom when the insiders are and to exit before the mass of paper is distributed. I know a lot of the stocks that are mentioned on this forum can't be played from a daytrading perspective. For they have too much of a spread and have already moved up too many percent to allow a adequate risk to return. But it only takes me thirty seconds to determine that , and then I just move on to the next post. But there is value in those posts also, for they have been brought to my attention and sometime in the future may be an worthy daytrade. The market is a hard enough place to make a living from , and one is better off looking for the next decent trade , than having confrontations with other posters. Live and let live , and spend your time finding the profitable trade. But I do have to tell you , that I have made a great deal more money trading stocks such as VPR , then the likes of NT and IW. They may not be pretty but they sure can be profitable.

Best Regards
Duane Crooks