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

[dr0832]

Were you trading in the bubble when everyone made money and then lost it all? In the past I have day traded 50-100 times a day scalping .03 -.05 per trade here in there, having to pee into a bucket because I couldn't leave the computer all day. I have no interest in doing that again. I was earning $5k month on average doing it but the returns are just not there trading high priced stocks unless you have $500k+ or you leverage the shit out of your money 20:1 with a prop firm (which I never would do). I have much less stress trading the perfect setups that I do now for a lot more in profits, even though the stocks are more risky.

 

[sterolizer]

Were you trading in the bubble when everyone made money and then lost it all? In the past I have day traded 50-100 times a day scalping .03 -.05 per trade here in there, having to pee into a bucket because I couldn't leave the computer all day. I have no interest in doing that again. I was earning $5k month on average doing it but the returns are just not there trading high priced stocks unless you have $500k+ or you leverage the shit out of your money 20:1 with a prop firm (which I never would do). I have much less stress trading the perfect setups that I do now for a lot more in profits, even though the stocks are more risky.

You know what really fucked me over was when Japan had that tsunami! The yen was almost at a 20yr low, and then all those rich bastard japs invested into their own country and raised it like 5 cents. I lost a lot of money then playing the JYP/US. That's when I decided to take what I had made and take some time off

 

[soupeater]

I like selling naked puts.

 

[dr0832]

The problem with selling naked puts is that it works until it doesn't, and then you lose your a$$. Make a tiny bit over and over again and then lose it all when one of the stocks has a large increase in volatility.

 

[dr0832]

MDMC that pump and dump I mentioned I traded couple weeks ago had it's dump phase today. It went for .10 to .50 in 2 weeks and then dumped to .20 in about 12 minutes which is very typical for these type of stocks. This is why I only traded them when the specific setup and pattern I look for occur, then exit and ignore the stock after that. The longer you hold a penny stock the greater the chance that you will lose everything because they are indeed risky and most of out right scams. For the average person that doesn't know how to trade or read a chart, you should never buy penny stocks. Either learn to trade them correctly or ignore entirely.

 

[machine23]

I looked at that site you provided about penny stocks just to see what they said but I realized you had to purchase a book for $100. I'm straight

 

[dr0832]

Yeah $100 was the best money I ever spent but for the average person that doesn't have a clue about the stock market $100 seems like a lot of money when in reality you make $100 in literally 1 second in the market if you know how to trade. On the other end if you don't know what you are doing you will also lose $200 per second because the market goes down faster than it goes up. This guide is good for someone that is serious about learning to trade. Its not good for someone that thinks they are going to take there Scottrade or Ameritrade account with $500 in it and turn it into $5 million by next Tuesday (infact the guide says scottrade and ameritrade are useless for trading penny stocks successfully but I have little experience with these crappy brokers.)

Like I said I can't believe somebody gave away valuable information for so little. Knowing what I know now I would pay $5,000 for the same information because it gave me the knowledge to trade successfully and allowed me to stop working for the man and I could make back $5000 in 1-2 trades.

 

[chewyxrage]

Are you affiliated or in any way profit from this e-book?

 

[dr0832]

I was not until I began making a lot of money with the trading strategy and then I joined their affiliate program. Apparently they are having a sale now. Check it out

 

[Addcd2gains]

Check out CBIS and MJNA, both medical marijuana companies... Voting season common up and we got 4 new states on the ballot for mmj, oregan on the ballot for restoration of hemp.. Never buy any securities in a company off of an alert, as this is where it gets sketchy.. Dew diligence is the only way to make an effective profit on penny stocks..