Sykes’ Penny Stock Millionaires Archive: April 2019
There’s always a hot sector. Before the crypto boom in 2017 & 2018, we saw the action in shipping stocks, and then it was A.I. stocks that went wild — but what’s the hottest sector of 2019? I’ll give you a hint: It’ll give you the munchies.
The Asian stock market presents another opportunity for you as a trader. Whether it’s right for you depends on a lot of factors. Whatever you choose, don’t overextend yourself by trying to trade several different markets at different times.
Beware … different countries have different rules. If you’re going to trade these stocks, do your homework! In the past few years there’s been talk of increasing regulations on penny stocks in Asia. This includes the Hong Kong and mainland Chinese stock markets.
For newbie and seasoned traders alike, the idea of playing the Asian stock market might seem exotic. It’s not so different from playing the U.S. stock market or the European stock market — but you need to educate yourself on whichever market you choose.
Low float stocks can provide many opportunities for traders. However, because they have a high level of inherent risk, it’s important to do plenty of research on potential plays before executing trades.
Now that you’ve evaluated the pros and cons of trading low float stocks, maybe you’re intrigued. That leads to the next question: how to find low float stocks?
Here, I’ll offer an introduction to low float stocks — what they are, how you can benefit from trading them, and some of the best indicators and tips for how to get started with them.
This two-day guide contains a lot of the information you need to prepare for tax day. But everyone has different financial circumstances that can affect how they need to file their taxes.
There’s way more at play when filing your taxes as a day trader. You probably already know that you have to pay taxes on your trading income, but what are the details? What deductions can you make, if any?
If you’re thinking of trying pre-market trading, make sure you first learn a ton about the process. These 9 guidelines have been helpful for my trading.
I’ll just put it out there: Pre-market trading can get a lot more complicated than just waiting for regular market hours.
Pre-market trading is not for the faint of heart. It’s often volatile, and little understood. However, as this post will show, if you take the time and effort to learn how to understand pre-market trading, it can provide opportunities for you as a trader.
Dividends stocks are for getting in, then — hopefully — receiving regular checks for the rest of your life. Dividend-paying stocks have the potential to keep on paying and paying — whether you're watching them or not.
There are many advantages to investing in dividend stocks. In the last issue I covered the basics of dividend stocks and outlined some of the perks of investing in them. But there are three prime ways to invest in dividend stocks.
When you invest in dividend-paying stocks, you just leave them alone, and let the checks arrive automatically. It's like taking money off the table from your trading account. You worked hard for those trading profits. Now make that money work for you.
I’ve said it before: Penny stocks are very inefficiently priced. Far fewer traders follow penny stocks than large-cap stocks. This means when price fluctuations happen, you have time to get in on a big swing. What does this mean for your watchlist?
Yesterday I left you with four things to look for when it comes to your watchlist. We covered the first two: company details, and stock analysis. Let’s start off today with the final two…
A stock watchlist is an essential part of your trading routine. Create the daily habit of updating the list. Use the tips in this article. Be part of an elite group of traders with the dedication to achieve financial freedom.