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

[chewyxrage]

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

Appreciate your honesty on that one bud since you recently pushed it on one of the threads here. That's cool, though. This is interesting.

Not my style, but interesting.

 

[SpyWizard]

i only do insider trading stuff... and IPO's with insider info.. it's good to play golf, softball, and have friends that are in the business..

sorry too busy and so it goes..

 

[chewyxrage]

I'm way to much of a conservative 27 year old man to risk that much.

Give me healthy dividend stocks with growth potential and I'm a happy dude. Up 17% this year so far

 

[dr0832]

I'm up 136%. Everyone is up 15-17% that follows buy and hold, and everyone will be down once the market decides it's time to pull back. When you are young you are suppose to take risk because a 10-15% return on for instance $20k, is not going to do much for your retirement. Since you have 30+ years to retirement you have plenty of time to deal with minor set backs that may arise. But the fact of the matter is trading is not for everyone, especially if you are risk adverse and will not except the fact that achieving abnormal returns require taking more risk. Unfortunately most people are lazy and will fail even if a person teaches them exactly what they need to do to trade successfully. It's just the way the market works and it's the exact reason why 95% of people lose.

 

[sterolizer]

I'm up 136%. Everyone is up 15-17% that follows buy and hold, and everyone will be down once the market decides it's time to pull back. When you are young you are suppose to take risk because a 10-15% return on for instance $20k, is not going to do much for your retirement. Since you have 30+ years to retirement you have plenty of time to deal with minor set backs that may arise. But the fact of the matter is trading is not for everyone, especially if you are risk adverse and will not except the fact that achieving abnormal returns require taking more risk. Unfortunately most people are lazy and will fail even if a person teaches them exactly what they need to do to trade successfully. It's just the way the market works and it's the exact reason why 95% of people lose.

This^

 

[dr0832]

Addcd2gains those medical marijuana stocks are nothing more than trading vehicles, just like any other low priced penny stocks. Every few months they get some sort of news release that pushes them up 100% in a day or a few days, and they quickly drop 50% soon after. I occasionally scalp them for day trades if I am day trading on the specific day when the pr's are released, but there's ABSOLUTELY NO REASON to every invest in these worthless stocks. There's no reason to do any due "fundamental" diligence on penny stocks, but certainly make sure you understand how to read a chart. Penny stocks have no earnings, no revenues, no cash flow, and very little if any future prospects of every earning a profit. You can do all the research you want but the fact is penny stocks are around to raise capital from unsuspecting victims. If you know how to trade you can make money off them, but there is no reason to invest in these stocks unless you just like to gamble. You will lose your a$$ because 99% of these are borderline scams. It saddens me how many people think these companies are legitimate.

As for Spywizard, if that's actually true it's really not smart to post this sort of info. While perfect information certainly is ideal, I rather trade legally using this strategy because it gives me a similar edge as long as I only take the high probability setups.

 

[Addcd2gains]

Addcd2gains those medical marijuana stocks are nothing more than trading vehicles, just like any other low priced penny stocks. Every few months they get some sort of news release that pushes them up 100% in a day or a few days, and they quickly drop 50% soon after. I occasionally scalp them for day trades if I am day trading on the specific day when the pr's are released, but there's ABSOLUTELY NO REASON to every invest in these worthless stocks. There's no reason to do any due "fundamental" diligence on penny stocks, but certainly make sure you understand how to read a chart. Penny stocks have no earnings, no revenues, no cash flow, and very little if any future prospects of every earning a profit. You can do all the research you want but the fact is penny stocks are around to raise capital from unsuspecting victims. If you know how to trade you can make money off them, but there is no reason to invest in these stocks unless you just like to gamble. You will lose your a$$ because 99% of these are borderline scams. It saddens me how many people think these companies are legitimate.

As for Spywizard, if that's actually true it's really not smart to post this sort of info. While perfect information certainly is ideal, I rather trade legally using this strategy because it gives me a similar edge as long as I only take the high probability setups.

I agree, I just use the penny stocks for like you said, basically gambling $$ but look at the charts last November when those companies were actually getting volume cbis did 1200% .. I was just sayin that since election season is common up again we gonna see huge gains again... Long term pump n dump if you will.. I'm not expecting to become a millionaire here, but I WILL be making money here lol I've got over 10mil shares between the 2 which makes me a big player come election season when we get volume.. And when I'm done riding it up I'll be shorting it back down to where it came from ahaha

 

[dr0832]

Yeah I don't gamble and I don't know why anyone ever would want to gamble since the odds are stacked against you big time. I play off patterns and statistics because past performance is indicative of future performance in the land of penny stocks.

 

[Addcd2gains]

Yeah I don't gamble and I don't know why anyone ever would want to gamble since the odds are stacked against you big time. I play off patterns and statistics because past performance is indicative of future performance in the land of penny stocks.

I would have to disagree, that is about patterns in pennies.. The only thing I've seen that still applies to Penny land is gap trading..

 

[dr0832]

Are you kidding me? Patterns are the only thing that form in penny stocks. Penny stocks have fundamentals, which means no earnings and no revenues with almost no chance of ever becoming profitable, because most of them are down right scams. For this reason they clearly can't be analyzed based off of normal metrics like PE ratio's. That leaves technical patterns. Penny stocks trade off technicals 100% except in the case of news events, but the news will cause these type of stocks to move towards specific technical price levels. These are called hidden support and resistance levels. They are hidden because they are not the support and resistance that most people know about, but rather custom indicators which few people know about, that act as major turning points. When you know about these indicators, you learn exactly how these type of stocks should trade a certain percent of the time. If you know 75% of the time that a stock will do X when it gets to price Y, you have a profitable means of earn money in the market. This isn't just the case in penny stocks, but the entire stock market.