Playing & Trading Strategy

What's up with the traders buying 11111 shares??? Feels like it's some kinda code.... {nm} JustaGuy Jun 22, 16:07

someone only has one one one one one finger mishra Jun 22, 17:14

IT was me sorry......was wanting a variety of stocks at .01 cents and its just very quick to just type 11111 cause there are so many mishra Jun 26, 15:55

It is a code... to someone. That person probably passed it on to others, maybe in a league. I sometimes use a repeated digit of shares, edzep - Port Monkey! Jun 22, 18:26

sounds like a good idea, got to rember that one. {nm} mishra Jun 22, 19:00

Whoa *mind blown* {nm} JustaGuy Jun 22, 19:07

Prbly same reason some buy certain stocks at 99,999 or 99,998. To keep their port clean and be able to sort their stocks. {nm} Dorfman Jun 23, 06:48

I use a code like this to keep my port management simpler. 99999 daytrades / 99998 penny stock holds / 99996 long term holds etc... PVL Admin Jun 23, 13:36

That way, at the end of the day, I only have to look for the 99999 to reset my holdings to previous positions. PVL Admin Jun 23, 13:37

I do the same (thanks for the advice in your column, btw)....99996 = daytrade, 99990 = penny, 99992 = bleeders {nm} JustaGuy Jun 23, 17:44

wait... 99992= bleeders.. YOu buy stocks you know are bleeders? lol {nm} Dorfman Jun 24, 05:50

Though I have a bad habit of still buying 100000 day trading {nm} Dorfman Jun 24, 05:53

Bleeder stock is a stock that has a hot tip and will probably decay the following days. {nm} mishra Jun 26, 15:57

Grreat code I'm proud to say I have adopted {nm} Dorfman Jun 24, 05:50