DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty. –Proverbs 21:5
Which one of you, when he wants to build a tower, does not first sit down and calculate the cost, to see if he has enough to complete it? –Luke 14:28
Since the 17th century, the scientific method has been the gold standard for investigating the natural world. It is how scientists correctly arrive at new knowledge, and update their previous knowledge. It consists of systematic observation, measurement, experiment, and the formulation of questions or hypotheses. —explorable.com
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
UPDATE: 6/13/23
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
THEORY OF THE GOLDEN CROSS:
EXAMPLE OF THE GOLDEN CROSS:
UPDATE: NEVERMIND THIS! THIS IS A FALSE AND UNRELIABLE SIGNAL – 6/12/23
Dry bones, hear the word of the Lord! –Ezekiel 37:4
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Some Classic Texts on Revival Ministry
You’ll find that many of the books in the 1980s published by Banner of Truth leaned in the Calvinist-Puritan direction of revival principles, but books by Bethany House Publishers leaned towards Wesleyan-Arminian holiness theology.
1. Jonathan Edwards on Revival (Banner of Truth, 1984) – Calvinist slant; sometimes anti-Arminian watch out.
2. Charles Finney’s Lectures on Revivals of Religion – says Pelagianism is okay, watch out.
3. The Nature of Revival by John Wesley, Charles Wesley, George Whitefield. Bethany House Publishers, 1987. Might have supportive things to say about entire sanctification: watch out for that teaching.
4. Leonard Ravenhill’s Why Revival Tarries and Revival God’s Way – Has a tendency to overemphasize the role of intercessory prayer in revival (E. M. Bounds influence). They’re good! But just need to be balanced out by the soteriology and evangelistic sermon emphasis of the other preachers. Probably the best books I’ve run across (with the help of angel sparkles confirming the books as I read them,) for building evangelistic sermons, would be Steve Harper’s The Way to Heaven (has audiobook), Kenneth Collins’ Wesley on Salvation, and Martin Luther’s Commentary on Romans (esp. the Preface).
5. Wesley Duewel’s Revival Fire (has audiobook).
This is taken from here.
Top 10 Most Challenged Books of 2021
Find more shareable statistics on the Free Downloads webpage.
The ALA Office for Intellectual Freedom tracked 729 challenges to library, school, and university materials and services in 2021. Of the 1597 books that were targeted, here are the most challenged, along with the reasons cited for censoring the books:
Find more shareable statistics on the Free Downloads webpage
The ALA Office for Intellectual Freedom tracked 156 challenges to library, school, and university materials and services in 2020. Of the 273 books that were targeted, here are the most challenged, along with the reasons cited for censoring the books:
View the Censorship by the Numbers infographic for 2019
The ALA Office for Intellectual Freedom tracked 377 challenges to library, school, and university materials and services in 2019. Of the 566 books that were targeted, here are the most challenged, along with the reasons cited for censoring the books:
View the Censorship by the Numbers infographic for 2018
The ALA Office for Intellectual Freedom tracked 347 challenges to library, school and university materials and services in 2018. Of the 483 books challenged or banned in 2018, the Top 11 Most Challenged Books are:
View the Censorship by the Numbers infographic for 2017
The ALA Office for Intellectual Freedom tracked 354 challenges to library, school and university materials and services in 2017. Of the 416 books challenged or banned in 2017, the Top 10 Most Challenged Books are:
Out of 323 challenges recorded by the Office for Intellectual Freedom
View the Censorship by the Numbers infographic for 2016
Out of 275 challenges recorded by the Office for Intellectual Freedom
View the Censorship by the Numbers infographic for 2015
Out of 311 challenges recorded by the Office for Intellectual Freedom
View the Censorship by the Numbers infographic for 2014
Out of 307 challenges recorded by the Office for Intellectual Freedom
Out of 464 challenges recorded by the Office for Intellectual Freedom
Out of 326 challenges recorded by the Office for Intellectual Freedom
Out of 348 challenges recorded by the Office for Intellectual Freedom
Out of 460 challenges recorded by the Office for Intellectual Freedom
Out of 513 challenges recorded by the Office for Intellectual Freedom
Out of 420 challenges recorded by the Office for Intellectual Freedom
Out of 546 challenges recorded by the Office for Intellectual Freedom
Out of 405 challenges recorded by the Office for Intellectual Freedom
Out of 547 challenges recorded by the Office for Intellectual Freedom
Out of 458 challenges recorded by the Office for Intellectual Freedom
Out of 515 challenges recorded by the Office for Intellectual Freedom
Out of 448 challenges recorded by the Office for Intellectual Freedom
View the 2000-2009 book challenge infographic
From 2000 to 2009, 5,099* challenges were reported to the Office for Intellectual Freedom.
Further, 274 materials were challenged due to “occult” or “Satanic” themes, an additional 291 were challenged due to their “religious viewpoint,” and 119 because they were “anti-family.”
Please note that the number of challenges and the number of reasons for those challenges do not match because works are often challenged on more than one ground.
1,639 of these challenges were in school libraries; 1,811 were in classrooms; 1,217 took place in public libraries. There were 114 challenges to materials used in college classes, and 30 to academic libraries. There are isolated cases of challenges to library materials made available in or by prisons, special libraries, community groups, and students.
The vast majority of challenges were initiated by parents (2,535), with patrons and administrators to follow (516 and 489 respectively).
* We receive challenge reports after the Top Ten lists have been published. This number reflects all the challenges we received since July 31, 2013 for the 2000-2009 time period.
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This section on 1990s books come from here.
The 100 Most Frequently Challenged Books of the 1990s
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
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Children are not responsible to save up for their parents, but parents for their children. –2 Corinthians 12:14
If riches increase, set not your heart upon them. –Psalm 62:10
Sir, I have earned ten gold coins with the one you gave me. –Luke 19:16
DISCLAIMER
I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).
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Suffering produces perseverance; perseverance, character; and character, hope. –Romans 5:3-4
HOW TO CALCULATE A REALLY TIGHT STOP PRICE
Objective: You want to trade $10,000 into a penny stock, but you only want to risk $200 of it. If the price drops to a certain point, then the trading program will automatically sell all your shares and you will only lose 2% of your trading money; but you’ll preserve 98% of your capital for next time around.
When you enter the “Buy” order of the stock, make sure it is a Limit order, not a Market order.
Then start to setup the “Sell” order for the stock. This should be a Stop order….
STEP 1: $200 / $10,000 = .02
STEP 2: .02 x $0.75 (the current penny stock share price) = .015
STEP 3: $0.75 (the current penny stock share price) – .015 = $0.735 (this is the STOP PRICE)
DON’T DAY TRADE WITH PENNY STOCKS?
ONLY HIGH VOLUME S&P 500 STOCKS?
After my conversation with a fourth Schwab broker, he said that a 2 cent sell stop is only part of the equation to preventing a big loss on a 10,000 share trade. The other element is volume. In other words, he says to avoid all penny stocks, and only focus on S&P 500 stocks that have high volume. TSLA isn’t a BRI stock, but as an example, its 1-minute candle volume (whether green or red) is usually around 800k to 2 million shares being exchanged in a single minute. Day trading a high-volume stock like this means that when you buy 10,000 shares, you will most definitely be able to sell 100% of them when the time comes, because there will be enough people within the 1-minute candle to buy the 10,000 shares from you in that moment. This is basically what Bear Bull Traders says: only day trade with S&P 500 type stocks.
Most of the people that I bought NRXP penny stock shares from, sold them to me in 100 share blocks. If there is a moral of the story, it seems that 10,000 shares should only be used on high-volume S&P 500 type stocks. But if you want to buy a low-volume under $1 penny stock, then trade no more than 100 shares. Dr. Rice used to buy blocks of 1,000 shares, but his stock prices were around $5 a share (Getting Rich with Low-Priced Stocks, p. 5).
And don’t buy stock at 9:28 or 9:29 before the open at 9:30am! Wait for a new green 60-minute confirmation candle to pop up first! I’d say its safer to stick with 60-minute candles.
UNDERSTANDING MY TRADING MISTAKE WITH NRXP
I had a .02 pts trailing stop on a 10,000 share purchase at 90 cents. Then the stop unexpectedly dropped to 82 cents (.08 pts) and finally finished selling off my 10,000 shares in different amounts: many were amounts of 100, some 500, a few 900s. Finally after it all was finished, my total loss was $1,000. The Schwab broker said that the program started my shares sell-off at .02 pts, but didn’t finish it until .08 pts, because there simply wasn’t enough traders available to buy off my shares in time as the price fell. In just one minute’s time, the share volume dropped from 107,046 to 18,025.
After I spoke with four different Schwab brokers, we analyzed what went wrong and how to avoid it again…
1. Put a SELL STOP ORDER at 2 cents below the current price.
2. Make sure that the volume for the 1-minute candles is at a healthy 100,000 shares being traded, but still trade on the basis of the 60-minute candle trend. This means you need to be patient and wait for another green confirmation candle. I didn’t do this. I bought BEFORE 9:30am and didn’t wait for the green candle with high volume to reappear again.
Note: I will not try another trade until I complete reading Toni Turner’s The Beginner’s Guide to Day Trading Online. And at that, I probably won’t trade more than $100 at time; that is, until I can get a predictable and repeatable strategy established.
Peter Leeds says you can buy 10,000 to 12,000 shares of stock, but the price should be around $2 or $3 a share (Penny Stocks for Dummies, p. 73).
F. Philip Rice says yes to 10,000 shares, but he’s looking at stocks anywhere from $3 to $5 a share (Getting Rich with Low-Priced Stocks, pp. 76-77).
UPDATE: After my 5th Schwab broker conversation today, and after they looked into my NRXP trade where I lost $1,000, they said that I had possibly uncovered a computer glitch with the “trailing stop” feature on their StreetSmart Edge platform. Its not activating! They entered in a dispute for me so I could get the $1,000 loss back into my account. Normally people use a Sell Stop order of 2 cents instead of a .02 pts trailing stop like me. TRADE: SELL: ORDER TYPE: STOP. That’s what most traders use.
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UPDATE:
Bruce McWilliams said that back in the 1980s, long-term penny stock investors, used to buy amounts like 10,000 shares of a 16 cent penny stock, 30,000 shares of a 13 cent penny stock, and at least four occasions of traders who bought 10,000 shares of a 10 cent stock (that is, they only sunk $1,000 into a 10 cent stock to get 10,000 shares of it). Like Leeds’ strategy, all of these turned a profit within one year of holding. None of these were scalping situations (Penny Stocks, pp. 183, 184, 193).
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UPDATE: 6/6/23
Never use a trailing stop when scalping for a penny stock day trade. I bought 10,000 shares of a penny stock, before the open at 9:30am (before a green confirmation candle appeared,) which was my first mistake. My second mistake was that I used a poor stop-loss tool: the so-called trailing stop bracket. It didn’t do anything. And I had to manually sell my shares at a $1,000 loss. The Schwab brokers admitted that the trailing stop didn’t trigger at all; but all they could do was refund me a measly $382 back. The moral of the story: always use a SELL: ORDER TYPE: STOP: STOP PRICE (2 cents under) when scalping a penny stock (see Toni Turner, A Beginner’s Guide to Day Trading Online, pp. 32, 34, 38).
1. THEY’RE EGOCENTRIC, GREEDY, BRAGGERS. THEY HATE GODLY PEOPLE. THEY LOVE ENTERTAINMENT MORE THAN CHRISTIAN SPIRITUALITY. BUT THEY HAVE AN EXTERNAL RELIGIOUS CEREMONIALISM OR SUPERFICIAL CHURCH INVOLVEMENT.
Men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents (God fearing ones), unthankful, unholy, without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good, traitors, heady, highminded, lovers of pleasures more than lovers of God; having a form of godliness, but denying the power thereof: from such turn away. –2 Timothy 3:2-5
2. THEY ARE LIKE CHARACTER ACTORS THAT PUT ON A “PRAYER WARRIOR” PERSONA LIKE ELMER GANTRY. THEY DO THIS BECAUSE THEY LIKE THE ATTENTION.
Do not be like the hypocrites, for they love to pray standing in the synagogues and on the street corners to be seen by others. Truly I tell you, they have received their reward in full. –Matthew 6:5
3. IF THEY ARE PREACHERS, THEN THEY ARE PATENTLY FALSE IN THE WAY THEY ACT AROUND OTHERS. THEY PRETEND TO BE HUMBLE AND MEEK TO BLEND IN WITH THE CHURCH CROWD. BUT WHEN THEY ARE ALONE, OR JUST WITH ONE PERSON, THEN THEY ARE FEROCIOUS IN THEIR BEHAVIOR. LIKE THE OLD MACHIAVELLIAN CHARACTER TROPE, THEY USE DECEPTION TO CONTROL THEIR REPUTATION, BUT CRUELTY TO DISMISS THE WISE AND RIGHTEOUS FROM THEIR MIDST.
Watch out for false prophets. They come to you in sheep’s clothing, but inwardly they are ferocious wolves. –Matthew 7:15
4. WHEN THEY PRAY OR PREACH AT CHURCH, THEY SAY ALL THE RIGHT SOUNDING WORDS. BUT THEY ARE INSINCERE. THEIR HEARTS ARE ACTUALLY COMPLETELY DISINTERESTED ABOUT THE PRESENCE OF GOD, OR ANY GENUINE CHRISTIAN SPIRITUALITY. THEIR CHURCH INVOLVEMENT IS MERELY A FORMALITY BASED ON THE CEREMONIES AND TRADITIONS PASSED DOWN TO THEM.
These people come near to me with their mouth and honor me with their lips, but their hearts are far from me. Their worship of me is based on merely human rules they have been taught. –Isaiah 29:13
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