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A Friend of Stock Market Engine told us a story today about how he placed an order to a buy a Penny Stock priced @ 0.001 (thinking the stock can’t get any lower)...

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 John Bailer, CEO at Stock Market Engine: Financial Technology Marketing and Advertising

 Wednesday, July 30, 2014

He bought 1M shares of this stock and waited for the "Bump". He waited all day and got very impatient... when the price of the stock sored to 0.003 he sold his stock only to find out an hr. later... The stock spiked to 0.010 then back down to 0.002. At the end of the day, he was a bit stressed but made some money... not bad for a few hrs work sitting behind a computer.. in his office John


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5 comments on article "A Friend of Stock Market Engine told us a story today about how he placed an order to a buy a Penny Stock priced @ 0.001 (thinking the stock can't get any lower)..."

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 Antonio Rosario, Computer Programmer / Researcher / Trader

 Friday, August 1, 2014



I think that Penny stocks are a scam organized by petty fraudsters. The stock starts by going up at an amazing speed and suddenly they collapse. And the naive victims end up losing more than 99% of their money.


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 John Bailer, CEO at Stock Market Engine: Financial Technology Marketing and Advertising

 Friday, August 1, 2014



Agreed Paul... Esp if you have the right Software


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 John Bailer, CEO at Stock Market Engine: Financial Technology Marketing and Advertising

 Friday, August 1, 2014



I like where your head is at Antonio... It's the same game just scaled differently

As a programmer, have U designed any stock pick scripts you'd like to share?


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 Antonio Rosario, Computer Programmer / Researcher / Trader

 Saturday, August 2, 2014



John, over the years I have been reducing the number of financial instruments I trade choosing more and more liquid instruments to minimize surprises. From a diversity of stocks I went to just a few indexes and then only to SPX500. Right now I only trade EURUSD. Another reason is to maximize the use of my time. I have found out that no instrument behaves the same way and therefore all my testing/development time is used to improve my EURUSD trading strategy.

So, to answer your question: I don't have any scripts to pick up stocks/currencies because I always pick the same instrument.


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 John Bailer, CEO at Stock Market Engine: Financial Technology Marketing and Advertising

 Saturday, August 2, 2014



Thanks Antonio

Gotta go with what works.... I hear ya!

There has got to be hundreds of different variations of "how to pick successful stocks"

I guess if there was a "cookie cutter" answer we would be in the wrong business

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