Sykes’ Penny Stock Millionaires Archive: August 2019
Dear Penny Stock Millionaire, Stocks on the stock market move in two directions: up and down. When a stock’s price increases, sellers make money by selling at the higher price. That’s called buying and selling stock. However, there’s another way to trade: short selling. If you know how to short a stock, you expand the...
I LOVE being able to trade from practically anywhere in the world. I call it the “Laptop Lifestyle”, but today, I’m going to teach you about the “App-top Lifestyle”, and how it can take your trading to the next level.
Gone are the days when you had to pick up the paper in the morning to research a stock, and call your broker to place a trade. Now most trading is done online, or even on your phone. There are a lot of options for different apps you can use to do your trading but which one is best? Are they secure? I’ll tell you the best apps out there to protect your information, and get you trading in the modern era.
If you are new to the stock market, many of the terms that traders use might sound familiar, but you don’t immediately know what they mean. That’s bad. If you’re serious about trading you need to be completely fluent with the language that traders use. I’ll go over another 22 of the terms that you’ll hear professional traders use most often.
The stock market is a unique place. So unique in fact, that it comes with its own language. There are a lot of terms that are specialized to investing that traders use. If you want to become an elite trader, you need to know what the other pros are talking about. I’ll explain some of the ones that you will hear most commonly so that you can trade with confidence.
Many people have told me that they want to trade like I do, but they don’t know where to begin. I can certainly understand that. Finding reputable sources that give you a step by step guide can be tough. That’s where I come in. If you’re ready to start actively trading stocks instead of passively investing, there are a few things that you’ll need, and a few more you’ll need to know.
Knowing you want to be a penny stock trader is great. Knowing how to trade penny stocks is the hard part. It’s not easy to find penny stocks that are worth trading fortunately for you, I have some tips to help out.
I’ve been asked in countless interviews about penny stocks. How they work, why I trade them, how I got started, and being America’s number one penny stock trader, it makes sense! People want to know how I took a modest amount of money and turned it into millions. It’s not a great secret, but many people just don’t understand all the benefits of the kind of trading I do. Read on and I’ll explain exactly why I trade penny stocks instead of using a traditional ‘buy and hold’ method.
Once you have your watchlist, there are still a few other pieces that you need to finish setting up your trading plan. Once you have your plan in place, you can trade with more confidence and be set up for success. So let’s get to it.
Trading is hard work. There are a ton of moving parts and keeping them all straight can be difficult! That’s why you need a trading plan. It will keep all the essential information you need at your fingertips so you can trade with confidence. Keep reading and I’ll show you how to set one up.
Analyzing patterns is a large part of the daily research I do when I look for new investment opportunities. When I’m looking for new picks, it’s essential to look at their candlesticks and price history so you can predict when, where, and if they are going to move. Inside, I’ll show you several examples of what to look for, keep reading.
Candlesticks are one of the most used tools when you examine patterns. If you want to be a successful pattern trader, like me, you need to know how to read them and all that they can tell you.
The stock market may not have emotions, but as a person, you do. In this post, I’ll educate you on what trading psychology is and offer several tips for how to mentally prepare yourself to trade with a level head.
Bull Flags are one of the clearest and easiest patterns to spot and take advantage of. Here are three examples of what they look like, and how you can invest for the highest profits.
I love patterns. Patterns are a large part of what I analyze when I’m looking for stocks to trade. There are countless types of patterns that traders look for, but there are three specific ones that I use frequently. I’ll share them with you and how you can use them in your trades.
Navigating the complex world of investing is tough in the best circumstances. When you mix the media in with it, it becomes doubly complex. You have to sort through people’s opinions as well as the facts. I’ll tell you some of what I do to judge both the quality and veracity of a press release.
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.
I started my trading career using my bar mitzvah money. I grew that investment from $12,415, into millions of dollars, and it all started with understanding the equity market and how to trade with it. Inside, I’ll give you some tips so that you can get started, and follow in my footsteps.
If you are going to get into equity trading there is a lot you need to know. I’ll cover all the starting steps you need to take to get your account set up, and give you tips on how to analyze the market to make sure you are making good investments.
Equity market, stock market, commodity market, over-the-counter market, exchanges, there are a lot of terms that you need to know to trade effectively. If you want to navigate the markets effectively, read on, I’ll tell you all you need to know.
Curious about the top brokers for mobile trading? Here are some of my thoughts on the most prominent platforms.
Sometimes I don’t feel like lugging around a laptop, and that’s why I think mobile trading is awesome. I’ve always got my phone on me, even when I can’t carry my computer. Here, I’ll dig into the benefits of mobile trading and how to choose the best app to suit your trading preferences and lifestyle.
You can calculate your initial investment using an initial investment formula, but you need to be comfortable with the amount you are investing. If not, it’s moot.
It’s 2019, and crypto prices are on the rise again. Tons of traders are starting to get back into trading them. Me? I’m not hopping on the bandwagon just yet, read on to find out why.
Want to take advantage of these trading windows? Then you need to be able to identify how the market is trending and what that could mean for any possible trades…
Trading is a difficult game. It takes a lot of hard work and study to navigate properly. But… there are a few secrets that can help you along the way, like when the best times to trade are. Hop in and I’ll show you.
Volatile markets can challenge even the most experienced traders. I share my top 8 tips for navigating the complexities of volatile markets. Put these tips into action, and it’ll boost your trading to the next level.