You may have learned at a young age that life is not fair. You do not always get what you want—and occasionally you may not even get what you need. The penny stocks game is rigged, but it doesn’t really matter. When things do not work out the way the way that we want them …
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 …
NNRX was a stock that started to rise due to speculation it was going to be one of the next big promoters pumps. The stock had a nice run from $.93 to $1.49 and then an epic plunge. Usually, stocks rise after a stock promoter releases their pick on stock but in the case of …
While trading penny stocks today I bought a pump called FARE. This was yet another stock promotion by one of the world’s greatest penny stock promoters. I like buying penny stocks like this since free penny stock alerts get a lot of attention. It’s not unusual for the penny stock market to become more active …
I wanted to bring up something that few people realize about trading penny Stocks. In general, the average person looks at the penny stock market like a casino and tries to make money by “investing” a few hundred dollars in a penny stock. What they are not aware of is the fact that there’s almost …
While UNXL isn’t a classic under $5.00 stock this one was extremely volatile like they normally are when trading penny stocks. I shorted 2000 shares of UNXL at 13.45 today when the stock got into what I refer to as the “sell zone.” You can learn more about the sell zone in my trading course. …