Everybody making good money in the micro-caps these days and that is great, but don't be so naive to think it will go on and on as some are suggesting. Bear markets happen and when they do micro-caps get crushed with many going out of business.
Anyone who refers to speculative penny stocks as 'Quality' will not be happy until they sell the last of their shares to your Grandma.
Developing Trading Skills in micro-cap bull markets will pay dividends during flat and bear micro-cap markets.
People who adopt a trading style can make money in any market. What will you do when the markets roll over and your 'Quality Micro-Cap' stock drops 50%?
I hope people understand that when the markets rollover, no matter how good you think your stock is odds are it will tank as well!
An EXIT PLAN is not something that guides when to start booking profits when then trend is going up, but instead guides you when to start booking profits when the trend turns down. Most investors can't grasp this important difference and often end up giving back all their gains.
If you are finding it is harder to making money in the markets trading these days then you are not alone and is perhaps is a sign you should be trading with smaller positions and expecting less upside. That is what I am doing!
When I get in a rut and it seems like every trade goes against me I will take half the money off the table, trade half the size position and try for half the gains. I rinse and repeat until I start making money again then I reverse until I am back up to my original position