You Can check it out right HERE

This was written last night and I basically nailed all the top percentage gainers today….too bad AOL didn’t publish it until 1pm, but that’s what I get for submitting a 2am article on a Monday as it’s there busiest day…

Best/most useful quote form the article:

For now, let these kids play-some are even good to play form the long side, if you’re willing to take on that kind of risk (not me!). Call them in from recess-or short sell them-only when it begins to get dark outside

All morning long there was no darkness whatsoever, all these stocks, CPSL, FPP, MXC, PDO, RCH, all they did was surge higher. As I’ll tell you again and again–to help you understand what NOT to do–I stupidly shorted into the FPP and MXC runup, and inevitably got squeezed, losing $400 (detailed post coming tonight). Now that they’re afternoon fading perfectly–PDO down $2 from perfect breakdown point at $18.30, RCH down $1 from the same kind of point at $10.70ish, MXC, well, it’s halted (probly gonna say there’s no reason for the runup and get crushed) obviously easy gains (which you should take if you haven’t cuz these guys bounce like no other), rubbing it in my face that I have no trades/buying power left today. Considering these drops, my entry prices weren’t terrible…but like my early KYUS trade, I took the quick losses cuz with my tiny account I can’t risk anything big, no matter what.

And, that seems to be the biggest problem with trying to grow such a small sum while being limited by the SEC in how many trades you can make. Gradually getting better at it, but it’s like teaching Forrest Gump algebra.

If you have a small account, don’t short into morning spikes because they can and do go further than anyone thinks possible. All you gotta do is wait til the afternoon when the shorts are mostly squeezed already and reason enters the picture as people are like, “hmm, maybe it’s not so smart to buy a stock up 150% in a few days?!?!”

You can have the patience, I know it. Be better than Forrest.