Download this checklist of 64 penny stock trading rules. In this spoof video I mention 77 blatant penny stock pumps…pause the video when the tickers come up and look at their charts…the beautiful thing about penny stocks vs.
Having scanners like Stockstotrade. Lists of basic trading rules and a few videos is not enough to truly understand my proven strategy…my trading challenge is an entire curriculum designed to mentor traders and create more millionaires as that is my goal in life.
If you ever get an email with a penny stock tip, expect insiders and others will be selling into your buying. Try not to buy penny stocks unless they have a great catalyst…like a breakout over past highs and ideally news like an earnings win… see 2 examples HERE. Planning is fine, but there also needs to be execution… see these 2 trades when a good plan AND execution came together for serious profits.
Where you have an advantage over your competition…by being meticulous and knowing about patterns like this, you can have a great edge over the competition in penny stocks. Once you get everything down, you can start being aggressive with stocks like these …but ONLY after you understand the catalysts that move stocks and the risks of being aggressive. Read finance industry books listed HERE as background information.
Bull markets makes everyone feel like a genius, but most will crash and burn in other market environments, always remember the market will change…not a question of if, just when…be prepared. By thinking of yourself as a retired trader who only comes back into the game to trade GREAT setups, you prevent over-trading not-so-great setups. Here are some bonus lessons because I just want you to understand that to be truly successful in penny stocks and in life, you need to above and beyond what is required.
Aspire to be this one day …work hard enough and achieve your goals. Eat healthy and workout as an unhealthy trader has less energy and a slower thought process…health is crucial to successful trading.
I need to learn this rule more: Posted in Basics , Success Stories , Testimonials , Video Lessons. Basics , Classic Lessons , Success Stories , Testimonials , Videos. As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well.
I now want to help you and thousands of other people from all around the world achieve similar results! Which is why I've launched my millionaire challenge. So when you get a chance make sure you check it out.
Don't forget to check out my free Penny Stock Guide , it will teach you everything you need to know about trading. This is a great post! BTW does it bother anyone else that there are 71 rules. I sure wish I were able to join the Tim Fraternity again. Good luck to all of you Sykes-ists! Thanks for the ton of info Tim. Its so gr8 to learn from u.
I subscribed silver couple months back. Blindly followed ur alerts initiallly and failed most of the times. Now I am going through your video lessons.
10 ways to trade penny stocks - MarketWatch
I just learned about Tim and his strategies for banking off pennystocks. I am tired of living paycheck to paycheck and have been glued to all things timothy sykes for a week now. This is such a great list to set your standards by. I figure I got about another month before I am confident enough in my acquired knowledge before I finally make the jump.
Again, thanks Tim for your great work. I still have all of your climbing books… if this is you. Over many years I have tried to find you so that I could return them and give you whatever else I have added to the collection. I am currently entering challange student status! Everything has been amazing!
Thank you a million times over! Best time of the day! Thanks Tim Sykes for sharing all this information. Hi Tim, I just wanted to start using the stockstotrade trade platform but I can not.
I need to know what to do thanks. Shew — finally done!!! Thanks Tim for the guide, rules and video briefs and training! I have found it pragmatic and practical.
Tim thank you for these honest, itemized, poignant rules! And yes 68 I just got a standing desk so I can be healthier and more alert, especially for those early, early California mornings. Go watch my new http: You need to find an Actor who does not look so stupid, dimwitted and brain dead! I became self-made millionaire by the age of 21, trading thousands of Penny Stocks - yep you read that right.
You may have heard the story: I was featured on a popular reality TV show called Wall Street Warriors. I was featured in Trader Click here if you want to become a millionaire! Home About Affiliates Chatroom Contact TIM. Whenever you feel daunted by too much studying, remember the rewards: Be humble or else the stock market will humble you. Now it's your turn. Apply To Work With Me. Leave a Reply Cancel reply Your email address will not be published. Comment Name Email Website.
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Penny Stocks: How To Trade Penny Stocks Like Timothy Sykes