RHE - Rothschilds trade penny stock as well! Bull Tomorrow
Blue line are the Pt. I am going in with 1K, the setup is bullish ;)
Note: When trading penny stocks
1. Look at the volume in 15 min TF
2. Trade using 1 min TF
2. If the price is increasing with decreasing volume, stop at the next fib usually 1.618
3. Observe the volume at each fib level extension, enter at .5 retracement or .38 retracment, stoploss below .38 retracement.
5. Never even think about averaging out, else you will avg. out for life in penny.
Now that you are ready to trade penny, have fun :D I am going in with 1K, something to play with
Note: When trading penny stocks
1. Look at the volume in 15 min TF
2. Trade using 1 min TF
2. If the price is increasing with decreasing volume, stop at the next fib usually 1.618
3. Observe the volume at each fib level extension, enter at .5 retracement or .38 retracment, stoploss below .38 retracement.
5. Never even think about averaging out, else you will avg. out for life in penny.
Now that you are ready to trade penny, have fun :D I am going in with 1K, something to play with
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