Sykes’ Penny Stock Millionaires Archive: January 2020
Have you ever gotten stuck in a trade with no way out? That’s because you’re ignoring this one CRUCIAL indicator before you buy.
The Coronavirus from the Wuhan province in China is beginning to spread and the market is reacting. I’m devastated to hear about all the deaths that this virus is causing and I hope that a cure is found soon. However in the meantime, there is a lot of action in the market that you can take advantage of.
The stock market is HOT right now, and there are tons of plays that can take advantage of but don’t let that make you careless, you still need to study.
I had my biggest loss of the year, and it’s all because I got cocky and broke the rules.
Biotech stocks are on the move, make sure you don’t miss out on the action.
Short sellers are becoming the new stock promoters... and I couldn’t be happier about it!
I’ve had a lot of questions from my readers about margin and I want to dive a little deeper into margin and answer those questions.
I get questions from traders all the time about trading on margin, I don’t trade on margin and I don’t recommend it. Here’s why…
An update on what I’m up to, a few patterns that have been working for me, and a couple of questions that I wanted to answer.
Penny stocks are starting out the year strong, and there are a few that stand out in the Biotech sector that you should be watching (if you aren’t already).
How can you become a good day trader? Let’s put it all together into a nice, workable plan. Keep in mind, before you make a single trade you have some studying to do. But this will help you along the way.
If you are looking to day trade, you are going to need a brokerage that allows you to trade when you want, at a price you are willing to pay. I’ll give you my insight on what to look for, what to avoid, and some good companies to check out.
If you want to day trade for a living, then you need to have the right mindset. You also need to put in the time and effort on your trading education. I want you to get started the right way.
If you’re thinking about options trading, there are a few things that you need to consider first…
Options are one of the most complex types of investment out there. I primarily trade penny stocks, but I want you to be a well rounded trader, so today, I’m going to cover how to trade options, and how you can profit from them.
I’ll be the first to admit, I’m not an options trader. I trade penny stocks, but if you want to be a well rounded trader, you need to know how options trading works.
One of the worst things I see people doing when they start investing is get too hyped about one market sector that is doing well. They jump all in on technology, or gold, and don’t think about what will happen when that sector falls off. When it eventually does, they are left with a shattered portfolio and huge losses. Keep reading and I’ll share some ways you can protect yourself from the drop.
AI isn’t just for large-cap companies, there are a few penny stock companies that you should be watching as well…
Artificial Intelligence is rapidly becoming more and more a part of our lives, and FANG stocks are at the forefront of AI research and technology.
A few questions that I’ve had, and a few predictions for 2020
Learning how to trade has a cost. A tuition cost if you will. That cost varies from trader to trader, but each one of us has to pay it before we can be successful traders.
Dear Penny Stock Millionaire, Yesterday, I discussed FANG stocks, what they are and the advantages of trading them. Today, I’m going to cover some of the various ways to invest in FANG stocks, but before I do, Let me repeat my disclaimer from yesterday, just in case you missed it. I’m not an investor, and...
Yesterday we left off talking about some tips for using RSI. Let’s finish up with those today…