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 …
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 …
Did you see HMNY? This week the market came back swinging sending S&P 500 all the way back to the all-time high reached in May 2014. The unusual side of things is that the jobs number for May came out last week and it was significantly below the projection. Normally this would be bad but …
NEM: If the market decides to go back up I am looking at a short on NEM which is a gold stock that’s been ripping. 161.8% or 176.3% extension on the daily combined with some fib retracements from high to low. It will just be a quick trade since I think if the market keeps …
After several volatile, but very profitable months of trading, I decided it was time for another trip. The market has been on fire and in the past weeks has rallied back up a significant amount. A few months ago it looked like the world was about to end (for long-term investors) and now all of …
As a trader you probably have heard people talking of cutting losses quickly and managing one’s emotions, but what does this really mean? It’s hard for people to understand until they really experience it for themselves. This is why I feel all new traders should not only spend some time paper trading, but also a …