From the category archives:
If you read my penny stock watchlist on Wednesday you know that I was particularly interested in shorting DRL’s recent surge pointing out that a break on support at 4.22 would trigger a very good short entry. Well, on Wednesday morning we got that break at market open when DRL gapped down 4.10 and then [...]
{ 4 comments }
Continue ReadingWhen it comes to trading penny stocks having all the right tools can mean all the difference in trading penny stocks successfully. Below I compiled 8 penny stock tools that every pennystocker should use.
MicrocapMarkets.com a great site for daily penny stock information nasdaq > 5, otcbb’s, and pink sheets. Some features include: Most actively traded [...]
{ 1 comment }
Continue ReadingYou Listen To Others & Not Yourself
Not making your own decisions is costly in trading. Sure you can listen to what someone has to say about certain stocks but when it comes down to making a trade it is ultimately YOU who needs to make the decision. Other individuals are often times unreliable and irrational. [...]
{ 1 comment }
Continue ReadingSo you’re new to trading penny stocks? Don’t worry because after you read the following tips you’ll have a huge foundation to build on!
Get A Quality Brokerage
It’s important to get a good quality discount brokerage with low commissions to do your penny stock trading with especially if you have a smaller account size as commissions [...]
{ 1 comment }
Continue ReadingOn March 19th GGC came up on my screeners as a potential short. It was set up perfect for a perfect meltdown after going from .25 to 1.75 in 3 Days. YES! 3 Days! All because of some credit agreement the company made with its lenders. While this is not exactly your typical pump/hype news [...]
{ 0 comments }
Continue Reading