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.