Some trades did execute - my Reddcoin sell order finally executed, and I was also lucky enough to sell DGB at two satoshi higher than I bought it for, giving me a profit of around 11% (the buy order executed while I was asleep, and by the time I logged in, the price had gone up so I could sell straight into someone else's order, rather than placing a sell order myself). Screenshots below.
I'd like to talk a bit about risk management - even though I'm funding this with "free" faucet money, it's very hard work getting it, so of course I don't want to lose it, I want to use it well and profitably.
Most of the risk in altcoins involves buying at the top and becoming a bag holder. However, all the coins I have selected for my satoshi swing trade strategy are in the low teens - none are worth more than 20 satoshi. I am effectively playing the spread - so if the buy price is 14 and the sell price is 13, I place a buy order at 13, hoping someone will sell into it, and when it executes, I place a sell order for 14 hoping a buyer will take the order. Sometimes as with the Digibyte above I get lucky and the price moves up so I can execute instantly - but usually it's a tedious job of placing orders on both sides and patiently waiting for them to be filled.
Also, because the coins are all low priced, they are sometimes subject to pumps. Am not really interested in pumps, the value for me is insurance - I know that if the price falls a couple of satoshi after my buy order has executed, it will get pumped back to where my sell order is, so no need to panic. When there are pumps (there was a small one last week sending Noblecoin from 8 sats to 20 sats and down again), I always wait for it to settle right back down again before placing my buy orders. Look at the baseline for the "natural" price.
The other thing you should do is not risk your whole stash on just one coin. At present about half my stash is on Reddcoin, which is too much. However, Redd is one of the most stable coins due to the huge buy walls that are underpinning the price. Still, I want to try to spread the risk about so that I have lots of potential avenues of profit.
Have tried something new with the new faucet money I received - Mintcoin. Have placed a buy order for 3 satoshi, and if it executes will sell for 4 satoshi. If it comes off that should give me a 33% profit - so am eager to see if risking a small amount on a coin like that is worth it. Because I'm using faucet money and am only in the first week of my experiment, I'm playing with piddly money anyway, so why not take a small chance?