In recent times, I have seen many people online claiming to be great traders who don’t know what they are talking about. A majority of these folks have only started trading during the pandemic, while stocks were going through a raging bull market. This market has been so easy to it has allowed in-experienced traders …
The fall of 2017 was one of the most profitable periods of my trading career as the Cryptocurrency market ignited into a full-blown bubble. This spilled over into small-cap penny stocks, which resulted in some of the greatest trades I have ever experienced in stocks like LFIN, RIOT, and MARA. Not only was I nailing …
In mid-November 2016 I took a three-week trip to Asia. I know I said I would post my trip report months ago but the Trump rally completely got in the way. The market has just been on fire reaching new all-time highs and the trading opportunities have been unreal. Priorities When you are trading for …
When it comes to mechanical type trading systems an extremely important concept to understand is what is a robust penny stock trading system. What robustness basically means is whether a system is designed to work in a number of different markets, be it stocks, bonds, forex, futures, options, or cryptocurrencies, and whether it will generate a …
To make money trading penny stocks requires not only knowing when and why to buy a stock but also having the self-discipline required to choose the highest probability opportunities while ignoring all the noise. Everyone spends all this time looking for a magical system when in reality what they should be doing is learning how …
NEM: If the market decides to go back up I am looking at a short on NEM which is a gold stock that’s been ripping. 161.8% or 176.3% extension on the daily combined with some fib retracements from high to low. It will just be a quick trade since I think if the market keeps …
The variability of trading profits in penny stocks is difficult for most new traders to fully comprehend. The reason for this is pretty clear once you think about all of the potential outcomes of any trading decision that you make. For example, you can make a good decision and be rewarded with a positive outcome …
After several volatile, but very profitable months of trading, I decided it was time for another trip. The market has been on fire and in the past weeks has rallied back up a significant amount. A few months ago it looked like the world was about to end (for long-term investors) and now all of …
Not everyone is cut out for trading penny stocks. The main reason I say this is because the most difficult part of becoming successful at trading is that you have to learn to take complete control of your emotions. Some people are very disciplined and can learn to do this fairly easily, whereas most people …
This market has been out of control, in a good way for day traders like myself. For long-term investors not so much… I want to explain the best way I have found of how to trade in a bear market. As expected the SPY pulled back again and moved back to test the lows at …