I AM NOT AN INVESTMENT ADVISOR. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE PUTTING MONEY ON MY PICKS.
I usually scan for stocks $1-$5 in various US stock exchanges. I avoid the OTCs though.
I rely heavily on technical indicators because believe they created these indicators to better evaluate the speculation which drives the stockmarket.Whats the stockmarket without speculation??
My holding periods varies from one day to a couple of days depending on how the chart looks like and what mode the market is in. I avoid intraday trades but i always keep tight stop losses. I usually aim for 10 % or more because hope can be a bad thing and you have to know when to take profits and when to cut your losses.
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