hello fellow investors,
i'v been paper trading for quite a while now (2 years), trying to find a suitable strategy that suits me. i have learnt technical analysis from books and have been applying the theory to practice by paper trading. I read about rolling stocks, stocks that bounces off resistance and support so often.
examples of this are,
OPM buy 0.002 sell 0.003, 50% return
ZYL buy 0.003 sell 0.004 33% return
LIO buy .004 sell .005 25% return
.......... and many others
and they just keep rolling and i keep doing the same fing over and over again.
am i doing this properly? because this sounds too good to be true....... i do use indicators to see if its to break the support line.
does anyone else trade on rolling stocks ?