Sykes’ Penny Stock Millionaires Archive: June 2019
I’m big on making sure you know the basics before you start trading. Here are some stock market terms that you must know if you want to be a profitable trader.
All the trade war press brings up a lot of questions from both newbies and experienced traders alike. So, I thought I’d address it.
The U.S. markets open at 10:30 p.m. in Tokyo. So, unless I want to stay up all night, I’m only there for the first hour or so of trading. Another reason — and this is important — is because… well, read to the end. It’s the answer to the last student question.
For companies, it might not be physical cash, but it’s definitely actual money that can be accessed at any time as opposed to a guaranteed IOU such as accounts receivable. It is not surprising that some investors always look at cash flow.
You’re probably already familiar with the NYSE or the AMEX. Well, you won’t find penny stocks on these exchanges. Let’s get familiar with some of the other exchanges where you can pick up penny stocks…
Once you’ve decided to get real about penny stocks, it’s time to get in the right mindset. If you want to learn how to invest in penny stocks, you’ll need to consider these things before you make a trade...
In this issue, I’ll start you out on the right foot by offering you a thorough overview of how to buy penny stocks.
You made it to the last installment dealing with stock catalysts. Congrats! Trust me when I say you’ll be a better trader for it. Let’s wrap it up today with my final three tips.
Why should you look to stock catalysts to when trading? Here are some of the reasons…
A stock catalyst is anything that can move a stock’s price. It can pertain directly to the stock, the company, the industry, or even the world at large. Wait … there are tons of developments or bits of news. So how can you tell which ones might actually have the power to move a stock?
The lesson: it’s not just about how the stock will do in the long run. It’s good to remember former runners, spiking on big volume, with a seemingly solid catalyst. In other words, can it spike in the short-term based on what’s happening?
I’ve always felt for them, but pretty much looked the other way by reasoning that while it sucked there isn’t much I could do… But then I read those articles combined with seeing what Vetpaw had posted. … and… well… like I said… something inside me just snapped. And I can’t go back.