Originally Posted by Disqplay

I hate to say it but will have to be out of the expirement, the start up of this new project I am currently working on is just requiring to much time for me to pay attention to the market. Working can put a crimp on your trading unless of course it is for the long term investments. Anyway it was a blast and on my next time off between project will have to start again it has been a pleasure being involved in this expirement.

Disq

Ps you guys have been the best

PPS for a short time Swing you may consider GTRE looks like it is moving out of a long term ie 9 months or so trading range could have some good legs.

Originally Posted by Briwadd

I was searching the internet for info regarding investing in penny stocks and I stumbled upon this forum and this experiment. I did not want to take the time to read each post, so I thought I would just inquire with a post.. Has anyone seen any great success with this experiment? I have played pennies before with success stories and failures. Also, are the paid gurus worth the money i.e. Peter Leeds?


Thanks
Briwadd

Originally Posted by orange

i've been wanting to do this for awhile but kept getting distracted. so i'm gonna hang with it and post it here in public view as long as i can, starting either this week or next.
post what? i'm convinced that if you do like the cats and others have said and just take some profit when you can then you can roll just $500 into more than $1,000,000 in less than a year.
these will be actual trades and we'll see how i do. sometimes i'll give advance warning- but mostly i probably won't post until i'm out or on my way out. that way it's not like pumping my own plays which would invalidate the model, right?

the model is i'm setting aside just $500 to start. i'll be using quant (from me) and/or technical analysis (a lot from greencat's cd) to make these plays. sometimes i'll explain fully why i made each play and sometimes not because many of greencat's methods and mine are proprietary and just shouldn't be laid out for public view. the whole point is to show how do-able this $500 thing is...

okay- the next post will show my basic financial strategy.
btw, ANYBODY can belly up to the bar here and post a similar thing with $500 or $1000 to start and track their results for us to see. in fact, it's a good idea, as you'll see why in next post... in a few minutes...

Originally Posted by Cajun

I think I'll have to do the same unfortunately, I'm kind of busy with other stuff.
I'm not able to invest the time required to make some quality plays.
I hope for the best for everybody still involved. I'll still be keeping an eye
on how everybody else is doing.

Sorry Guys... I enjoyed being a part of this experiment. I just wish I had more
time.

God Bless,
Cajun

Originally Posted by Cajun

I think I'll have to do the same unfortunately, I'm kind of busy with other stuff.
I'm not able to invest the time required to make some quality plays.
I hope for the best for everybody still involved. I'll still be keeping an eye
on how everybody else is doing.

Sorry Guys... I enjoyed being a part of this experiment. I just wish I had more
time.

God Bless,
Cajun

Originally Posted by stableincome

Hi, I'm a new member here. It's so interesting to read the articles here. Can you pm me the details, please. Thank you.

Originally Posted by Klipper22

I totally agree with this plan, Orange. I have been using this "small gains" strategy for quite a while. I would not sell out after 10% on every trade, though. One way to factor in losing trades is to set aside money from trades that make, let's say, 30%. If you know what amount you are supposed to be at to stay on track and you lose on a trade, you then draw from that pool to put you back on pace. A working example of this is TDCP from this last week. If I put $1000 in to it on Thursday at .37, the charts gave me absolutely no indication that I should sell at .41 and take my 10%. I knew it was an easy 25-30% gainer. To play it cautiously and still very profitably, I sell at these levels and take my $250-$300 profit. To stay on the plan, I roll $100 into the next play and set the extra aside in anticipation of a losing play somewhere along the way. In theory, the plan is very feasible. In reality, especially when you reach the higher levels with a lot of money involved, it becomes very difficult to pick winner after winner. I highly, highly recommend to anyone that once some larger amounts of cash are made (let's say your $500 has turned into $10,000) that you concede to the idea that it may take extra weeks to become a millionaire, but you pull several thousand out yourself and take the profits and work with what's left. It is a good safety net and brings in our mottos around here of "there's no such thing as a bad profit" and not to get greedy.

Originally Posted by orange

i've been wanting to do this for awhile but kept getting distracted. so i'm gonna hang with it and post it here in public view as long as i can, starting either this week or next.
post what? i'm convinced that if you do like the cats and others have said and just take some profit when you can then you can roll just $500 into more than $1,000,000 in less than a year.
these will be actual trades and we'll see how i do. sometimes i'll give advance warning- but mostly i probably won't post until i'm out or on my way out. that way it's not like pumping my own plays which would invalidate the model, right?

the model is i'm setting aside just $500 to start. i'll be using quant (from me) and/or technical analysis (a lot from greencat's cd) to make these plays. sometimes i'll explain fully why i made each play and sometimes not because many of greencat's methods and mine are proprietary and just shouldn't be laid out for public view. the whole point is to show how do-able this $500 thing is...

okay- the next post will show my basic financial strategy.
btw, ANYBODY can belly up to the bar here and post a similar thing with $500 or $1000 to start and track their results for us to see. in fact, it's a good idea, as you'll see why in next post... in a few minutes...

Originally Posted by Rainmon

My name is Rainmon, I was introduced to a very unique Forex trading platform in July of 2006. I had never traded the FOREX before. I earned a rediculous 849% in my first 365 days.

Although it's not 1 Million... HECK I have never made this kind of money using any strategy. The best part is I made every trade myself and my account only takes 20 minutes per week to manage.

If you would like to look at the system FREE let me know, and I will send you the info.

Regards and happy trading.

Originally Posted by Rainmon

My name is Rainmon, I was introduced to a very unique Forex trading platform in July of 2006. I had never traded the FOREX before. I earned a rediculous 849% in my first 365 days.

Although it's not 1 Million... HECK I have never made this kind of money using any strategy. The best part is I made every trade myself and my account only takes 20 minutes per week to manage.

If you would like to look at the system FREE let me know, and I will send you the info.

Regards and happy trading.