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 …
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 …
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 …
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 …
This is by far the best documentary I have ever seen about the high-frequency trading firms and what Wall Street has become over the last decade. Honestly, there is some shocking news about HFT’s and how they are essentially ripping off the general public. It’s no question that the market is rigged for the average …