The fall of 2017 was one of the most profitable periods of my trading career as the Cryptocurrency market ignited into a full-blown bubble. This spilled over into small-cap penny stocks, which resulted in some of the greatest trades I have ever experienced in stocks like LFIN, RIOT, and MARA. Not only was I nailing …
Beginners’ luck when day trading penny stocks is more dangerous than helpful. In general, the worst outcome for a new trader is to be successful right when you start day trading penny stocks. The big reason for this is that it leads to extreme overconfidence. A new trader that makes money right when they begin …
To make money trading penny stocks requires not only knowing when and why to buy a stock but also having the self-discipline required to choose the highest probability opportunities while ignoring all the noise. Everyone spends all this time looking for a magical system when in reality what they should be doing is learning how …
There is a lot of misinformation out there about what a trading system for penny stocks actually is. The fact is the road to wealth in the stock market requires utilizing a trading system, so it’s important to understand. A trading system is a part of your trading plan which not only determines how you …
If you want to trade penny stocks successfully you will need to develop or purchase a technical trading system. In general penny stocks with a certain catalyst typically experience significant volatility. After I locate the correct stocks through my stock scanning software using custom filters or other methods, I input the stocks into my technical …