A Million Dollar Pennystocking Journey
This is a quick video commenting the main features of the piece of software I’ve been working on to improve my trading. It is a bit more feature complete than the last time I posted a video, and has a commentary that explains how it works and why it does what it does. Let me … Read more…
As I’ve been working very hard to maximize my trading productivity and based on the behavior of successful traders, I took it upon myself to make a strategy performance tracking spreadsheet on Google Sheets. The basic analytic data is based upon what Profit.ly shows; the difference being that each trade can be associated to one … Read more…
Introduction This is the follow up on my Strategy Part I. In this article I will discuss my risk management strategy. It is very closely based on “The Complete Turtle Trader” by Michael W. Covel. So far this strategy hasn’t been thoroughly tested by myself in the penny stocking realm, but it is the basis … Read more…
Over the past 4 months, I’ve started learning the ways of penny stocking by joining the Timothy Sykes challenge; I have learned a lot and for the last couple of weeks I’ve been coming to the realization that successful pennystocking traders develop their own ways of researching possible plays, entering/exiting and managing risk. So here … Read more…