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Old 12-27-2006, 02:09 AM
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Quote:
Originally Posted by scmfinance
Can't wait to see it Orange. A couple of problems that I pointed out in that other thread (one of which you touched on here):

A) You need at least two tracks going unless you have a daytrading account because you have to wait for settled funds.

B) It becomes much harder to lump that much money into one pick (especially in penny land) so you'll actually end up needing multiple smaller picks, which can make it more difficult.

So, yes, I think it's possible, but there's a lot of strategy that goes beyond just making the right picks. Good luck bud!
thanks, scm. i was just coming to that part so you saved me the trouble. beyond abt $3,000 have to move on up in otcbb; at abt $6,000 move to nazz. at abt $50,000 have to start splitting plays- probably should even earlier to spread risk. daytrading will certainly smooth the way. hey- put up $500 and let's see how far each of us can get
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get the cd. it's how money gets made.
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