I meant to say penny stocks have no fundamentals.
I am serious this isn't an exaggeration. I started trading penny stocks for a living after reading this guide. It took me about a year to get fully comfortable with the strategy and to understand the advanced technical analysis that makes up the trading system in this guide, but I was able to start making money from the very beginning. I just took smaller positions at first until I was comfortable and confident that this strategy had a real statistical edge which would allow me to earn real profits consistently. Now I take larger positions of about $10k at a time and usually earn profits of about $3k-5k per trade typically 2-3 times per month. You don't get returns like this in Blue Chip stocks. The last stock I traded was MDMC on Monday. I earned 32% on this one for $3483 in about 35 minutes. I would not suggest buying the stock now though as I only trade penny stocks like this at a specific time when the strategy I use gives a trade signal, although this one may have more upside. I usually take 20-45 minute trades around 9:30 A.M. EST and occasionally will hold 10-20% of my position overnight to sell into the gap up that happens almost every time. I only do this once I have locked in a profit. I was really skeptical at first when a friend recommended the guide to me but I new this person wouldn't advise me to buy something worthless, and I am really thankful that they did because this has influenced my life so much. One thing to note is that this guide isn't for lazy people. It teaches you how to do everything yourself, and not to rely on others.
Yes but no matter what person comes and say "hey this works" - there is sitll NOTHING that is high return / low risk. Even your method. So if GS invested $100k with you - he could technically lose it all in a minute or two.
But we'll bite. Can you prove your returns. Use $1000 of your own money and usign some linked account or log - show use the trades on that $1000 and how much it returned.
Some guy tried the same "i have awesome returns" on Forex on another board - but coulod never back that stuf up. We found out he was just trying to scam us (not to say you are). If you ARE good, why spend 1 year learning? Why not just have you invest for us and split profits? (assuming you don't make money simply on the transactions).
You are correct. There is no such thing as risk free / high return, or ultra low risk / high return. You receive higher returns by excepting risk. That is the way the financial markets work. If you use stop loss orders placed off of statistical analysis (not random fixed amounts or no stop losses at all) and combine this with proper position sizing effectively lowering your max exposure on any given trade, you limit your risk in risky assets. I lose about 30% of the time, but my winning trades offset my losing trades because my reward to risk ratio is at least 3:1 or more on every trade. There's no such thing as a system that wins 100% of the time but you are welcome to keep looking for this.
As for your managing others money you have to create a hedge fund to do this legally. Hedge funds are only allowed to market their services to people that can invest a minimum of $500k, and whom have a salary of $250k a year. Most people have a few thousand or at most $50k. Penny stocks are no liquid enough for large investments. Look at the penny stock promoter Timothy Sykes who ran a Hedge fund with $2.5 million and then blew up losing 30% of his investors money, and now the guy is earning $5 million a year selling worthless DVD's and useless trade alerts. The penny stock market is not liquid enough for this kind of money but the average person with few thousand to $100k can trade successfully in this market. If you want to invest less than $500k than you must put your money with a registered investment adviser like a mutual fund, or trust company but there institutions are regulated and can not trade off the same strategies as hedge funds. For instance they are long only, except in the case of inverse ETF's, and most can't invest in stocks under $5.00 per share.
There's no such thing as easy money and I hate lazy people that just want someone else to hold their hand. If you want to make money in the market it takes hard work no matter what type of strategy you have and there's no such things as someone just reading a book on trading and then instantly making millions. It takes time.
All of my trades were documented in real time on my facebook group but regardless I am an affiliate of Penny Stock Trading | Buy Promoted Penny Stocks. I can only give my testimonial that the system is real and not a scam like 99.9% of the other stuff offered online by people that don't trade themselves, but instead just try to sell a worthless product. I have provided some useful information in this thread and I am knowledgeable on the subject matter. I can answer any questions that people may have about what I do, but please don't bother posting if you are just a lazy person that wants stock picks. You are bound to fail with this mentality.
This page contains mature content. By continuing, you confirm you are over 18 and agree to our TOS and User Agreement.