penny stock fortunes

Penny Stock Breakouts

What is meant by “flipping” stock?

I read where a college student earned his first million by purchasing chart breakouts on penny stock and “flipping them” within hours or days for a 5% to 30% return each position. Could you explain: flipping? Thank you!

Buying and then quickly selling. Depending on who is using the term it might be a day-trader who only holds a position for a few minutes or hours. Or it might be used to refer to a swing trader who holds a position for a few days.

SRGE Breakout PatternDayTrading Swing Trading Stock Market PennyStocks www.pennystockspayd.com


Be Sociable, Share!

Sorry, comments are closed for this post.