ThePennyStockLounge

***Not a Financial Advisor***

[ThePennyStockLounge @ThePSLFamily]

@TheH0n3stTrader I can only imagine the slippage when you get around 11 and up on position exits.

[ThePennyStockLounge @ThePSLFamily]

Ric Flaring to the pool like WOOOOOOO!

[ThePennyStockLounge @ThePSLFamily]

@MrZackMorris I do believe the algo's are able to handle the massive influx of a buying wave now ZM, I seen the change around 2023, and the plays became really drawn out before the moves actually occurred in small caps. I got crushed in the beginning when the change happened. Then it clicked.

[ThePennyStockLounge @ThePSLFamily]

@WebullGlobal @RobinhoodApp Why 2 different set ups for time? Because of the 4 hour candle set up. Webull still offers the 8am-9:30am 4hr candle which I prefer to use in my analysis. Robinhood does not, it uses the 8am-12pm candle on its 4 hour time frame.

[ThePennyStockLounge @ThePSLFamily]

Best time frames in my opinion to trade vary on apps you use. I like @WebullGlobal and use the 4hr and 5 min. EMA: 9/21/200 & VWAP on 5 minute only. I have used @RobinhoodApp LEGEND and like the 4hr and 30min, no indicators used at all... just a clean chart.

[ThePennyStockLounge @ThePSLFamily]

Poolside the rest of today for me, it's going to be a 103 out. Stay cool and hydrated.

[ThePennyStockLounge @ThePSLFamily]

Buy low, sell high. It's been the saying for decades, yet you still buy the high and question why the price dropped to the low. Hopefully this helps someone out there. Two lines on a chart, buy near the low, sell near the high. Baby steps. You can fine tune it for accuracy later.

[Zack Morris @MrZackMorris]

Sticking strictly to $SPY and Large caps. Fuck everything else. You can’t please retarded degens.

[ThePennyStockLounge @ThePSLFamily]

@MrZackMorris Small caps set up, but take forever to play out. Some trades take 10 days or more, just consistently accumulating the low until they pop. The game changed around 2023, strategy remained the same. Degens will continue to be exit liquidity until they wake up and see the board.

[ThePennyStockLounge @ThePSLFamily]

Nothing has changed with $KUST going into next week. Bought in at 1.37 when it broke 1.36 this week. Sell target is 100% return so thinking $2.75. If it goes higher, I do not care, I'll be fully exiting my position at 100%. Next set up I see and find interesting, I'll post.

[ThePennyStockLounge @ThePSLFamily]

Let the weekend begin 😁

[ThePennyStockLounge @ThePSLFamily]

@MrZackMorris This for you ZM!

https://t.co/TilMaMe8S8

[ThePennyStockLounge @ThePSLFamily]

It's probably nothing...until it's something. $KUST

[ThePennyStockLounge @ThePSLFamily]

@theshademajid Trade idea was to at least .38. I wasn't worried about the pullback until the VWAP cut right through the 200 EMA. I took a small profit and walked away. I don't have a clue of where it goes from here, I just know it broke my trading sequence.

[ThePennyStockLounge @ThePSLFamily]

$SOAR doesn't look right, cutting the trade for a 5% gain. VWAP cutting through the 200 isn't making sense. Rather be safe then sorry. Penny stocks are volatile as hell.

[ThePennyStockLounge @ThePSLFamily]

@probablenumbers I just read something that said their offices got raided Taiwan. Wonder what's going on there 🤔

[ThePennyStockLounge @ThePSLFamily]

I do not think SOAR breaks out until AH. VWAP needs to get below price and clear the path.

[ThePennyStockLounge @ThePSLFamily]

I would not be surprised if $KUST hits around 2.07 then drops to .84 to fill the gap before going higher.

[ThePennyStockLounge @ThePSLFamily]

I'm a trading speculator, nothing more. Trading teaches you patience along with how to adapt on the fly. Don't fixate on a specific target, % per trade is what adds up. Mark out your key levels and watch the reactions around them. Bears see what bulls see too.

[ThePennyStockLounge @ThePSLFamily]

As @MrZackMorris said, "I don't have a crystal ball."
I wish I did, I mark out levels and trade based on reactions around those levels. No one can predict the market, Bulls and Bears are in a constant battle.