Dan 
1. Trading is an art before it becomes a science. Trading isn’t something you are going to learn in a short period of time. There are several moving parts and it certainly takes some time. Fortunately, once you have a thorough understanding of technical analysis, money management, and trading psychology, it starts to become much …
Last Monday was an eventful day in the world of awesome penny stocks… The overall market was down .80% but volatility is a traders best friend. This is the exact reason why I always look for specific setups in weak markets. Think about it like this. 3 out of 4 stocks follow the market. When …
I wanted to share one of my recent trades. ALKM is one of those penny stocks that got pump and dumped by the big guys. It didn’t play out as usual but I was able to earn huge profits by playing the bounce setup. The stock came out of the gates and moved up a …
Hey I know it’s been several months since my last post. Fortunately, I believe I have had a good reason for my lack of posts. The last 6 months were pretty crazy for the stock market. Yes, the market got caught in a range during April and May (even though now it is making a …
After my huge swing trade in FNMA that I wrote about last week, I had several other smaller winning trades in this stock. One occurred on the breakout continuation pattern at $4.81 (a pattern I detail in my book) and another scalp trade on the break continuation pattern at $5.87. Unfortunately, I was visiting my …
Hey Everyone If you have been following my emails then you know I sent one last week regarding the perfect chart setup in FNMA. As the overall market moved back towards its all-time high last week (after the January pullback), FNMA broke out above its breakout point at $3.36 and had an awesome move higher …
I was analyzing stock charts the other day for high probability trading opportunities and I came across FNMA. Federal nation Mortgage Association, aka Fannie Mae, has been setting up for a few months and I believe is ready to make a big move to the upside. I really like the looks of this stock chart …
Last night I watched the new movie The Wolf Of Wall Street and I wanted to provide my review of it. I can honestly say this is one of the funniest and most outrageous movies that I have seen in a long time. I would not be surprised if Lenardo Dicaprio receives many rewards for …
As the Christmas holiday approaches, penny stocks are fairly quiet. I have just returned from a 3-week vacation in Asia. As much as I miss following the market when I go away, the truth is every trader needs to take time to relax and recharge every so often. Without this, most traders will burn out …
I wanted to follow up on this post I made on October 29th about the potential trade setup in ZNGA. After that, ZNGA chopped around for several days before finding support at the $3.43 price level where it had previously put in a swing low ( a higher low) at $3.40. It made a move …