Penny Stock Investing And Penny Stock Investment Tips Review
Penny Stock Investing and Penny Stock Investment Tips review
Penny stocks are known as those stocks that are not traded on any of the most important exchanges (AMEX, NASDAQ, NYSE). They are low-priced, speculative securities from small companies mostly traded by an "over the counter" listing service or initial public offerings (IBO), something like (OTCBB or Pink Sheets). The starter investor might find other terms used which are interchangeable with "penny stock", they are: microcap stocks, nano caps and small caps.
Why would the beginner stock investor find them attractive? Mostly due to their low purchase prices and the possibility for rapid growth which can be seen in just a few days. They can and sometimes are a "trap" to lure the newbie investor when the stock begins to move up and rumors in chat rooms begin to multiply about their interesting activities. Its very much like an angler moving a worm in the stream for the unwary and hungry fish just under the surface. Imagine yourself as that "fish."
The risks involved to the beginning investor beside the "fish scenario"are to buy a stock of limited liquidity having a background of inadequate or speculative financial reporting with always the specter of fraud which is rampant in this field. Investor beware is definitely an apt expression for the beginner in this field.
Making money by trading in the stock market demands learning just how the market functions and using careful methods to achieve a great return on your investment.
You need to become relaxed with the basics of stock market terminology and strategy to help you find out how to approach your investment methods. Upon understanding the basics, you may discover ways to maximize trading opportunities for maximum gains. The stock market is certainly NOT a get-rich-quick scheme.
How to Be successful
It is nearly impossible to achieve success with trading in the stock market until you know what you are doing (though some claim a monkey throwing darts at a "buy" or "sell" target might be as successful as any investor - but that's another discussion...). Success demands proper planning and preparation as well as a substantial amount of knowledge about the market.
You should make calculated, well-informed decisions to succeed with your investments while learning what to trade, when to trade it, and what methods and strategies to utilize for maximizing the return on your investment.
After months of trial and error, tweaking and testing his strategy; Connelly was victorious in creating what would eventually turn into one of the most popular and wildly successful stock picking strategies in recent memory.
A strategy that when applied, could predict solid gains in the market 24 to 48 hoursbefore they happened.
If you haven't yet heard of James Connelly, it's probably for the reason that he is more frequently known by his nickname, "The Penny Stock Prophet," given to him by his friends as a result of his uncanny ability to discover "breakout" penny stocks just days before they experience RECORD gains.
In the last 12 months, Connelly A.K.A "The Penny Stock Prophet" has become an internet sensation as a result of his stock picking strategy, which has changed the lives of hundreds of his followers.
As a 19 year-old college student, Connelly excelled in his studies. In his own words, "School was just something that always came naturally for me. It was too easy, and over time I just started to lose interest. I wanted something different, I needed to find something else to challenge me. That's when I decide to turn to trading stocks."
Connelly always had an interest in the stock market, even from a young age. When he was still an adolescent, Connelly's father trained him methods to read charts, and quarterly earnings reports. "My dad even got me a subscription to the Wall Street Journal for my 16th birthday, " says Connelly.
Having an understanding of the basics of the market, at such a young age, was beneficial to Connelly's eventual future as an investor. The prospect of riches, and also the unlimited possibilities that the stock market offered, soon began to recall Connelly's imagination.
"The stock market to me was just a big puzzle. It fascinated me. I felt that if I could figure out the pieces to that puzzle, I could develop a strategy that would give me a huge advantage over other traders," Affirms Connelly, "I knew it would take a lot of trial and error, but I was convinced I could develop a method that would give me an edge in finding the next breakout stock."
On a whim, Connelly opened his first trading account his freshman year in college. "Initially, it started off has just a hobby. I wanted to learn the process, and start small. Once I figured out a strategy that could win consistently, then it was time to turn it up a notch."
Connelly began like any other investor. Studying charts, utilizing resistance calculators, analyzing financial reports, and re-learning the basic fundamentals of trading.
Connelly's passion soon became an obsession as he began skipping his classes, preferring to spend the majority of his time researching and trading stocks.
"I was making more money from my dorm room than most people make at their jobs, so I just figured going to class was a waste of time. I was on to something, and I wanted to keep the momentum going."
To Connelly, spending the day trading was more exciting and pleasing than sitting in a classroom being lectured. Eventually, college became an afterthought.
Over the following few months Connelly spent hours in his dorm room pouring over charts, analyzing trading patterns, volume, resistance levels, and any other identifiable factors he could find to assist him identify a point when a stock was going to experience a bullish trading pattern.
Connelly was convinced that that winning stocks must have similarities, and that if those similarities can be discovered, it could be the key to identifying breakout stocks before they occur.
"I felt certain that I could create a strategy that could identify a breakout stock, before it began to rally. There had to be a signal, something that could be used as an identifier to 'red-flag' a stock that was about to see a major move."
Connelly finally discovered 4 key variables that he believed was the key to identifying a breakthrough stock. To this day Connelly has not released these variables to the public.
"I've been offered a lot of money to sell my strategy, but that's not going to happen. I want everyone to have the opportunity to profit from my strategy, not just someone who will pay millions for it, and keep it all to themselves."
What Connelly is willing to share with the public, is how identifying the Psychological Support Level (PSL) of a given stock, is the key to his method being so profitable.
"I became interested in the possibility of creating a strategy that utilized PSL to identify and predict human behavior and its influence on a winning stock," says Connelly. "I was certain if I could find a way to combine this with the 4 key variables I discovered, I could greatly outpace the overall market, and see rapid percentage gains in my portfolio."
Connelly felt confident that PSL, combined with the 4 variables he had discovered, would prove to be the missing piece of the puzzle that can help 'predict' a bullish trading pattern. Before it Happens!
Because PSL plays such a huge role in the micro-cap sector, Connelly was convinced that if he switched his strategy toward micro-cap stocks, he could achieve even greater gains than he could on the big-board stocks. The Results Were Astounding!
Overall his strategy seems to be brilliant, a partner of mine managed to earn $2130 in the first week after acquisition.
Providing a eight Week Money Back guarantee I consider it might worth a test!
by: thomvqwbca
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