About Mark Hodge Expertise Questions related to technical analysis, strategies, risk, trading plans, trading psychology and money management. Experience in trading all markets and timeframes with expertise in futures (e-minis, currency futures, commodities, European Markets-DAX) and equity options. Unfortunately I am not allowed to offer any specific trading advice (i.e. should I go long the DAX today).
Experience I have been involved in the industry since 1995 working for Morgan Stanley Dean Witter and American Express Financial Advisors before becoming a full time trader. As Head Education Coach with Rockwell Trading I have coached hundreds of students around the world to achieve their trading goals with simple strategies, a sound trading plan and proper money management for the leveraged markets.
Organizations Currently serving as Rockwell Trading's Head Education Coach www.rockwelltrading.com and moderator for Rockwell's Student Trading Room where we follow opportunities in the minis, interest rates, currency and grain markets daily.
Education/Credentials Formerly licensed as a financial advisor with Series 6, 7, and 63 licenses. B.A. in Organizational Communications with a Business Minor from California State University, Sacramento.
Past/Present Clients I have worked with institutional traders, brokers, proprietary trading firms and private traders but respect their anonymity.
One of the few distinguished World Cup Advisors www.worldcupadvisors.com
Question What are pink stocks and are they risky? thanks
Answer Hi Robert,
Pink sheet stocks are stocks that are "penny stocks" not traded through a major exchange, and instead trading over the counter (trader to trader). They are more risky since they do not not meet SEC requirements to be listed on a major exchange, and have less transparency. Pink sheet stocks typically have erratic or weaker volume too and can fluctuate in price or simply go nowhere, without the trends we find with actively traded stocks.
Some traders are drawn to penny stocks in search of fortunes, but very rarely do penny stocks make the moves their traders hope for. Although there can be that diamond in the rough, you typically get what you pay for.
