If you search online you will often hear about people mentioning “institutions” and institutional traders. Once upon a time I used to work as an institutional trader for an asset manager with $1.3 billion in assets under management. For this reason, I believe I have some insight into this area that few others have. This …
In recent times, I have seen many people online claiming to be great traders who don’t know what they are talking about. A majority of these folks have only started trading during the pandemic, while stocks were going through a raging bull market. This market has been so easy to it has allowed in-experienced traders …
If you have been interested in getting started with penny stocks, you may have noticed that there are more than 8,000 penny stocks. Most people feel completely lost by such an overwhelming amount of potential stocks to choose from. At the same time, they are very scared about losing my money, so this feeling has …
Considering 2019 was a great year for the stock market and after another hugely profitable year for me trading penny stocks, I decided it was time to travel to Asia again. If you’ve read some of my other blog posts, you should already know that I really enjoy traveling to Asian countries. In the past …
In theory, it is not that difficult to understand how to trade penny stocks profitably. A profitable trader must create a trading plan and then follow it flawlessly. They merely need to buy low and sell high, or short sell high and buy low. The problem for new traders is that most don’t know what …
Commission-free trading has finally gone mainstream. It was only a matter of time before Wall Street’s revenues got squeezed enough that they finally decided to throw in the towel and move over to the dark side of offering trade executions with no commissions. It started off with Robinhood in April 2013. Robinhood was the first …
The fall of 2017 was one of the most profitable periods of my trading career as the Cryptocurrency market ignited into a full-blown bubble. This spilled over into small-cap penny stocks, which resulted in some of the greatest trades I have ever experienced in stocks like LFIN, RIOT, and MARA. Not only was I nailing …
Beginners’ luck when day trading penny stocks is more dangerous than helpful. In general, the worst outcome for a new trader is to be successful right when you start day trading penny stocks. The big reason for this is that it leads to extreme overconfidence. A new trader that makes money right when they begin …
A lot of people are searching for a penny stock list, but there is no way to provide one that will stay relevant forever. The biggest reason for this is because the hottest penny stocks are always changing each day. Normally, a penny stock will spike in a short period and then will begin to …
In mid-November 2016 I took a three-week trip to Asia. I know I said I would post my trip report months ago but the Trump rally completely got in the way. The market has just been on fire reaching new all-time highs and the trading opportunities have been unreal. Priorities When you are trading for …