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Question: What is your preferred method of stock selection?
Fundamental analysis
Technical analysis
Follow someone else's direction
Both FA and TA

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PapaPhive
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« on: May 26, 2013, 02:21:06 PM »

Hello, I am new to the forum and am excited to be returning to the volatility of pennies!

I am mostly a recreational trader who through a professional history has transitioned from the health care sector to the financial and security sector with a heavy focus on Government prioritization.  I have spent significant time and resources day trading until approximately ten years ago when emotion and greed got the best of me.  Subsequent to losing the majority of my liquidity in penny stocks, I began focusing extra income toward mutual funds with minimal personal oversight.  A combination of poor mutual fund performance as well as current bank's interest rates have redirected me back to the prospect of trading on the market where I find myself today.  While for the past six months or so I have been vested primarily in the swing trading of blue chips based on technical indicators such as target action zones and T30s, I am now being drawn back to the pennies and OTCBB where profits can actually make a difference.

I must confess to just browsing the site for the past couple weeks at which time I learned of your "pincher" plays.  I ended up taking some advice of which Vegas posted and made a tidy profit.  I am now intrigued in these TAs and plan on watching them a little closer.

Primarily, I just wanted to take the opportunity to thank Doc, Vegas, and this board for enlightening me to another method to scan for stocks and perhaps for the opportunity to grow my current investment!

It is good to be here and I look forward to learning as much as possible!
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Vegas
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« Reply #1 on: May 26, 2013, 03:07:25 PM »

Hello, I am new to the forum and am excited to be returning to the volatility of pennies!

I am mostly a recreational trader who through a professional history has transitioned from the health care sector to the financial and security sector with a heavy focus on Government prioritization.  I have spent significant time and resources day trading until approximately ten years ago when emotion and greed got the best of me.  Subsequent to losing the majority of my liquidity in penny stocks, I began focusing extra income toward mutual funds with minimal personal oversight.  A combination of poor mutual fund performance as well as current bank's interest rates have redirected me back to the prospect of trading on the market where I find myself today.  While for the past six months or so I have been vested primarily in the swing trading of blue chips based on technical indicators such as target action zones and T30s, I am now being drawn back to the pennies and OTCBB where profits can actually make a difference.

I must confess to just browsing the site for the past couple weeks at which time I learned of your "pincher" plays.  I ended up taking some advice of which Vegas posted and made a tidy profit.  I am now intrigued in these TAs and plan on watching them a little closer.

Primarily, I just wanted to take the opportunity to thank Doc, Vegas, and this board for enlightening me to another method to scan for stocks and perhaps for the opportunity to grow my current investment!

It is good to be here and I look forward to learning as much as possible!

Welcome to the forum Papa... Look forward to your contributions...
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« Reply #2 on: May 28, 2013, 10:09:30 AM »

Welcome aboard Grin
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