OTCPK:ASLRF - Post by User
Comment by
RedMarson Jun 07, 2009 1:26am
328 Views
Post# 16049935
RE: Day Trading
RE: Day Trading
From my public portfolio you will see I only have two stocks that are still in a loss position. AGQ being one of them. Yet I still trade it regularly and will continue. It still pays.
I trade between 100 and 150 times a month from my basket of stocks. All 1/2 and 1 cent increments. On stocks under 20 cents, its a great % return.
I have recouped all of (and exceeded ) my initial investments plus commissions. (Thanks to a great surge in volume trading since last October.) I have a ways to go before I get back to my all time high of 07/08 but feel confident I will surpass it before year's end.
I now sit on 50 - 60 % cash, most of which is sitting as stink bids on many of my stock picks waiting for someone to dump their stock (and they do) and then sell it just as quickly for 1/2 to 1 penny gain. Again under 20 cents its a great return % for a short term trade. (I have left money on the table many times only to see the stock price come back down and start the process again.)
On any given day AGQ represents 0 to 8% of my money in play.
All investments are a gamble.