Penny Stocks Behind The Scenes: Beat The Promoters At Their Own Game & Profit

[Addcd2gains]

Yes all penny stocks are pumps and dumps. There's no true value in penny stocks. You only make money if you know how to take advantage of those that believe these stocks are real legitimate companies. The only way to do this is to get in when the serious momentum buyers are there and get out quickly.

There Are a few ate there that are legit.. Remember that medical marijuana company I posted on this thread a couple months ago? MJNA, I posted it at .02 and said cause of Colorado A64 it would run to at least .10 just cause of ore election hype?? Well there at .14 now

 

[dr0832]

MJNA is not legitimate. It has had many stock promotions on it and has been pump and dumped many times. It's not like some boiler room shell stock who's main office is in Belize but it has not earnings and no revenues and little chance of ever earning s profit. I didn't say the price does not fluctuate. I've traded MJNA on cancer news related press releases for 50-100% gains but these are usually 10 minute to 1 hour day trades. That's not the main strategy I use. Investing in one of these is just gambling. There's also a few other CBIS, GRNH and HEMP.

As for APS they have not released anything new. I watch anything that moves but I don't touch these type of stocks unless the system I use gives an alert. When there are not many trades I use other over extension and breakdown strategies in listed stocks.

 

[Addcd2gains]

MJNA is not legitimate. It has had many stock promotions on it and has been pump and dumped many times. It's not like some boiler room shell stock who's main office is in Belize but it has not earnings and no revenues and little chance of ever earning s profit. I didn't say the price does not fluctuate. I've traded MJNA on cancer news related press releases for 50-100% gains but these are usually 10 minute to 1 hour day trades. That's not the main strategy I use. Investing in one of these is just gambling. There's also a few other CBIS, GRNH and HEMP.

As for APS they have not released anything new. I watch anything that moves but I don't touch these type of stocks unless the system I use gives an alert. When there are not many trades I use other over extension and breakdown strategies in listed stocks.

I mentioned CBIS as well and played hemp but I haven't heard of GRNH, and yes mjna is a legis company lol I've seen there Dixie elixir dispensary in silver thorn Colorado, all mmj companies are small right now because its the beginning of the marijuana age.. I bet back in the day you were telling people that this company that calls themselves aapl is all hype computers are not the way if the future. Lol I'm smellin a little short tendencies in you lmao

 

[dr0832]

I don't short stocks under $1.00 because of the absurd margin requirements. Regardless I do not care what a company claims to do. I trade based off of a set of technical and statistical rules which have historically worked more often than they do not. Lots of penny stock companies seem to be real until you trade the market for a decade and quickly find out it doesn't make a difference if they are real or fake to make money. See Spongtech. SPNGQ I believe now. They were a complete scam. Busted for faking earnings in 2008 and a massive pump and dump. I trade that one long and short as well for a huge profit.

The one thing I am certain is holding one of these for more than a couple days is no different from playing roulette or slot machines at a casino. It's a suckers game like all casino games. There's a pit boss that is watching over you and an eye in the sky that sees your every move unless you know how to time this market correctly. I am not saying you can't or won't make money but it's just purse luck and that will not work over the long term obviously. You need a specific strategy that tells you when to buy and when to sell, and how to deal with a trade when the stocks acts differently from what you expect. This is the only way to make consistent profits in this market or any market for that matter.

 

[Lefty78]

For someone new to investing, what do you suggest is a good place to start learning.
I know the very basics.
I doubt you're in So California where you could hold lessons.

 

[dr0832]

Hi Lefty. Unfortunately I am not in Southern CA. I wish I was but I am in New England. I do not invest accept for longer term in retirement accounts, but that is not it in individual stocks, just ETF's. In general when it comes to investing in individual stocks the rule by most conservative money managers is that you should not invest money into individual stocks until you have at least $250,000. The reason for this is that studies have shown you must hold at least 15-25 stocks to be diversified (since it is unlikely 25 companies in different sectors will go bankrupt), along with cash, bonds, commodities, real estate, and other alternative investments. If you only have for instance $25,000, or even less, its impossible to buy 15-25 stocks of real higher priced companies because you wouldn't be able to own enough shares of each for it to be worthwhile. People like Jim Cramer that tell you you can buy 5 stocks and be diversified are full of crap and just out to get individual investors into the market so they can take advantage of them as a whole.

I am a short term trader because that is what suits my personality. The decision to trade vs. invest comes down to whether you are looking to make money now or hopefully have money later 10 years down the road and don't mind a major roller coast ride along the way. I do both, but I prefer to make money consistently to have a steady cash flow to compliment other sources of income. I also don't trust the market longer term.


The other issue is whether you are willing to put in the time to learn. 95% of people that try to time the market do not put in the time and that is why they lose all their money in the market to the other 5% of the people, although about 4% of these people actually break even, so really only 1% are making money in the market. The losers think you can pay for stock alerts, or listen to your golf buddies about stock tips. They don't realize how competitive the market really is (In reality its a battle field where the most informed people win every time).

When it comes to the penny stock market you absolutely cannot invest unless you like losing money or just are a gambler. You have to utilize a method of timing the market and be in and out in at most a few days. You also have to sit and stock your prey like a sniper. If you want to learn about trading I highly suggest getting the course from beatstockpromoters.com. It won't just teach you about penny stocks, but it will also teach you advanced technical analysis which no other book will teach you (at least from my experience.) They have a 60 day guarantee so don't take my word for it. If you think they are not providing what I am telling you, or what they mention on their website, return it. But like I said reading the e-book they offer honestly changes my life.

 

[Addcd2gains]

For someone new to investing, what do you suggest is a good place to start learning.
I know the very basics.
I doubt you're in So California where you could hold lessons.

Check out the etrade trading tips especially the technical analysis vids

 

[dr0832]

The technical analysis video's they provide are of classics technical analysis. This is very basic. Besides a concept like support and resistance, classic technical analysis no longer works. If you don't believe me take a stock and a technical indicator such as a MACD and buy as it crosses the zero line and see how your money vanishes right before your eyes. This is the case with all technical indicators that use standard settings.

The market makers, a.k.a "the house", have programed their market making systems to use these indicators to their absolute advantage. They know that xyz wannabe trade read a book or watched a video that said if X occurs, buy at point Y and place your stop loss at point Z. Armed with this info Mr. market maker can easily take the opposite side of the trades and squeeze the wannabe traders out of their position by moving the price of a stock towards the common level at point Z where technical analysis mandates a stop should be placed. This is how the market works and this is why people lose when timing the market. This is the exactly the same as the "basic strategy" in Blackjack. Playing by the basic strategy gives you an advantage in comparison to if you were not using it, the house still has a 2% advantage over you. That means no matter what over the longer term if you continue to play they will take all your money. This is why some casino's will actually allow you to bring a card with the basic strategy on it into the casino and use it while you play.

 

[goin on 4T]

Hi Lefty. Unfortunately I am not in Southern CA. I wish I was but I am in New England. I do not invest accept for longer term in retirement accounts, but that is not it in individual stocks, just ETF's. In general when it comes to investing in individual stocks the rule by most conservative money managers is that you should not invest money into individual stocks until you have at least $250,000. The reason for this is that studies have shown you must hold at least 15-25 stocks to be diversified (since it is unlikely 25 companies in different sectors will go bankrupt), along with cash, bonds, commodities, real estate, and other alternative investments. If you only have for instance $25,000, or even less, its impossible to buy 15-25 stocks of real higher priced companies because you wouldn't be able to own enough shares of each for it to be worthwhile. People like Jim Cramer that tell you you can buy 5 stocks and be diversified are full of crap and just out to get individual investors into the market so they can take advantage of them as a whole.

I am a short term trader because that is what suits my personality. The decision to trade vs. invest comes down to whether you are looking to make money now or hopefully have money later 10 years down the road and don't mind a major roller coast ride along the way. I do both, but I prefer to make money consistently to have a steady cash flow to compliment other sources of income. I also don't trust the market longer term.


The other issue is whether you are willing to put in the time to learn. 95% of people that try to time the market do not put in the time and that is why they lose all their money in the market to the other 5% of the people, although about 4% of these people actually break even, so really only 1% are making money in the market. The losers think you can pay for stock alerts, or listen to your golf buddies about stock tips. They don't realize how competitive the market really is (In reality its a battle field where the most informed people win every time).

When it comes to the penny stock market you absolutely cannot invest unless you like losing money or just are a gambler. You have to utilize a method of timing the market and be in and out in at most a few days. You also have to sit and stock your prey like a sniper. If you want to learn about trading I highly suggest getting the course from beatstockpromoters.com. It won't just teach you about penny stocks, but it will also teach you advanced technical analysis which no other book will teach you (at least from my experience.) They have a 60 day guarantee so don't take my word for it. If you think they are not providing what I am telling you, or what they mention on their website, return it. But like I said reading the e-book they offer honestly changes my life.

Nice explanation

 

[Addcd2gains]

The technical analysis video's they provide are of classics technical analysis. This is very basic. Besides a concept like support and resistance, classic technical analysis no longer works. If you don't believe me take a stock and a technical indicator such as a MACD and buy as it crosses the zero line and see how your money vanishes right before your eyes. This is the case with all technical indicators that use standard settings.

The market makers, a.k.a "the house", have programed their market making systems to use these indicators to their absolute advantage. They know that xyz wannabe trade read a book or watched a video that said if X occurs, buy at point Y and place your stop loss at point Z. Armed with this info Mr. market maker can easily take the opposite side of the trades and squeeze the wannabe traders out of their position by moving the price of a stock towards the common level at point Z where technical analysis mandates a stop should be placed. This is how the market works and this is why people lose when timing the market. This is the exactly the same as the "basic strategy" in Blackjack. Playing by the basic strategy gives you an advantage in comparison to if you were not using it, the house still has a 2% advantage over you. That means no matter what over the longer term if you continue to play they will take all your money. This is why some casino's will actually allow you to bring a card with the basic strategy on it into the casino and use it while you play.

True but tech analysis is just another tool in the toolbox and should almost never be put in front of fundamental analysis.. Who would only look at the MACD?? I barely use MACD especially as a tool o show me when to buy.. RSI, cash flow, AROON are much better indicators and of course momentum