one trade, five days, $10K

Disclaimer: I only trade penny stocks very rarely and only with money I can afford to lose. I do not recommend trading penny stocks to anyone who does not fully know what they are doing.

Hit a new milestone this week guys!

Finally had my first trade that crossed the $10,000+ mark and it only took 5 days!
The trade was on a sub-penny stock with the symbol VPCO.
Here's a series of tweets I posted about the trade prior, during, and afterward..

Wednesday, February 24th

The idea came from a brilliant trader I follow on twitter, who mentioned VPCO could have bounce potential. It was just recently delisted from NASDAQ down to the OTC market and had dropped like a sack of bricks... 

So, I put in some orders on Thursday, February 25th, buying a total of 2,500,000 shares at an average price of $.0017 per share (yes, that is less than a penny per share).

Friday, pretty much nothing happened.

Then Monday the action started..

Monday, February 29th

Tuesday, March 1st

Here are my buys and sells from Thursday to Wednesday.

I put in limit orders so I don't have to pay attention to charts for more than 5-10 minutes a day and I just let my trades ride in the background.

Wednesday, March 2nd

I'm wildly happy that I sold out everything on Wednesday at an average of $.0060 a share, or 250%+ profit... because even though VPCO hit new highs on Thursday and got up to $.0096 a share... this happened just minutes after...

$.0096 down to $.0033 in under thirty minutes. That's -66%!!! Counting my blessings that I was not a part of that death drop.

Something that makes me almost as happy as my trade is the fact that someone followed my recommendations and ideas and made bank! Good for you, Casey, once again.

Like I said, penny stocks and these types of trades aren't for 99% of people, but if you can do it right and manage your risk...