Sykes’ Penny Stock Millionaires Archive: September 2019
Not only do you need to learn what to do, but you also MUST know what NOT to do. That’s what this article is about. I’m sharing 13 mistakes that traders need to avoid like the plague.
Dividend stocks can be a great way to build your account over time. It’s a classic strategy that has been used forever on Wall Street, but that doesn’t mean that is without risk. I’ll explain how to look for high dividend stocks and minimize your risk.
I don’t often talk about trading techniques that don’t directly deal with penny stocks. But to be a well rounded trader, you need to know about all different types of investment strategies. As markets change, you need to be able to adapt, and you well know, knowledge is power.
So you know about floats, but do you know how to trade them to maximize your profits? I’ll tell you how to trade a low float stock, and how to avoid letting the volatility get the best of you.
If you are committed to trading penny stocks one of the most important things to include in your analysis is the float. Low float stocks can be very volatile, which means that if you get ahead of the curve you can use that volatility to make a profit.
Day trading is a beast all on its own. But if you know what you’re doing, you can make a ton of money. I’ll share all the tips and tricks you need to get started on the path to day trading.
Day trading and penny stock trading go hand in hand. So if you want to make money like I’ve done, you need to know how to set yourself up for success when day trading.
You might not know exactly where your trading journey will take you, it can be a wild ride. It certainly was for me, but if you stick with it, incredible things beyond just great trades can happen. The world can open up in ways far beyond your wildest dreams.
Doing your homework is crucial to your success as an investor. But having the right tools at your disposal makes the job a thousand times more effective and easier to boot.
A growth mindset is critical for traders. If you aren’t willing to develop a growth mindset you’ll never succeed long term. I’ll go over some steps that you can take to start developing a growth mindset in your trading.
After my posts last week about how I survived the 2008 Crash, I wanted to go more in depth about what defines a market crash, versus a market correction, and how to use both to your advantage.
The 2008 financial crisis was a dark time for traders everywhere. But not so much for me. I not only survived but thrived during the 2008 financial crisis. I’ll explain how I did it and how it’s possible to continue trading, even in the face of dire economic circumstances.
The 2008 financial crisis is a time that still causes most traders to shudder. But not me. I was able to turn a near complete economic collapse into astounding profits. All because I knew what to look for, and followed my trading strategy.
Now that you have a good understanding of stock sectors, I want to show you how to take advantage of them. I’ll also give you a few tips that will help you analyze your picks better before you buy in.
To be a well-rounded trader, you need to be familiar with all the different sectors in the stock market, the major players, and what influences them. I’ll go over all of that for you today so that you can trade smarter.
The technology sector is already huge and still growing fast. It’s important to know both how to trade these volatile stocks, and how to incorporate them into your trading strategy. I’ll go over all that with you and at the end, I’ll even give you five companies to watch, so you know what to look for when you consider investing in tech stocks.
Dear Penny Stock Millionaire, We both know about buying and selling stocks. That’s easy. But Saturday I told you about another way to trade: short selling. I gave you an overview about what short selling is, and whether or not it’s something you might want to try. Today, I’ve broken the “how to” for shorting...