A couple of weeks ago I mentioned my huge trades in VLTC. There’s a new game going on in the penny stock market and it can make you rich if you follow the rules and learn how the game is played… After VLTC got pumped by Carl Icahn, the next stock to get pumped by …
In general, I like to trade stocks in the $.50-$20 range however, I also will trade lower price penny stocks. Occasionally I trade futures and options, but I generally avoid bonds, bitcoins, binaries options, or currencies. Most of the people who have made big money in this business stuck to a small group of asset …
Most people that write about the stock market will tell you what you MUST do to be successful. Some or all of what they say is often good advice but the fact is to trade profitably you have to know what NOT to do. The reason for this is quite simple. If you lose all …
The rules and teachings below are from the mouth of the guy who I actually got my start from in trading, back in 2004. He has made ten’s of millions of dollars as a day trader and is one of the most successful penny stock traders in the world. I have had a lot of …
When trading OTCBB penny stocks, it’s obvious that what a company claims do, is irrelevant. On the other hand, when it comes to small-cap stocks, or and any other asset type for that matter, the truth is that we have to pay attention to a few more important factors. Although you should still treat any …
When it comes to new traders I find there are two schools of thought regarding trading strategies: (1.) Those that think if it isn’t expensive it isn’t worth learning. (2.) Those that think there is one “secret formula” which they haven’t yet discovered, will make them filthy rich overnight. What these people don’t understand is …
The penny stock market isn’t what most uninformed people think it is. Below is an explanation of how a real pump and dump is orchestrated. Now for the uninformed penny stock investor, this is really bad news. Most of these people will end up getting caught in a pump and dump and lose everything. For …
It goes without saying that loss cutting is a very important component of becoming a profitable penny stocks trader. I wanted to share the following figure below because it really shows why this is the case. The first thing you will notice is that a small loss is quite easy to recover from, but as …
The regular trading hours for the U.S. stock market are 9:30 a.m to 4:00 p.m. ET. This is the time period when the market is most liquid and therefore more receptive to traders that want to extract profits. Unfortunately, there are only two blocks of time in the regular session that are actually tradable. You …
I have been carefully following the Ebola stocks for the past 5 weeks and I wanted to explain how I traded the Ebola penny stocks. Two of the best Ebola-related stocks I have found are Lakeland Industries Inc. – (LAKE) and Tekmira Pharmaceuticals Corp. (TKMR). Besides these, there are a few others like BCRX, SRPT, …