Penny stocks are maligned by most people. And actually with good reason, even if the malign(er) doesn’t know anything about penny stocks to begin with. Most penny stocks are there for a reason. Do you actually know anyone who got rich by investing in one penny stock, and no we’re not talking about some scam promotional ad by a “great investor”. Penny stocks are for trading only, virtually always. Established stocks are for investing, if that’s your comfort level.
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.
2 Comments
Can you show us what you look for in the trade set up after a buying climax .Maybe a video this weekend on a couple set ups.
Can you show us what you look for in the trade set up after a buying climax .Maybe a video this weekend on a couple set ups.
I will Tony. And for starters, make sure you’ve seen, in the numbered trade section, the “reaction after a buying climax” videos.