Playing Penny Stocks? Are You Gambling or Investing?
By: Griffith “the Trader” Hawk
Are penny stocks really the cheapest online stock for trading? Because many feel as if they are extremely expensive because you lose all the time and they are so speculative in nature.
Well I’m not totally on board with this and let me tell you why!
I will not refute that people lose their asses big time on these “cheapest online stock trading” techniques!
Why?
Mostly because these people are manipulated into buying a “promoted” stock that raises way to fast and can’t hold a fair balance between what the SEC filings are tell you and what the company is valued at. To describe this with the best ease, I suggest you watch this short clip. It shows you what the untrained penny stock investor goes through once they purchase a stock promoted by a newsletter or a “friend” or “family member”.
The Cheapest Online Stock Trading Technique are and Always Will Be Penny Stocks!
What you saw there is not infrequent either, this happens OFTEN in the penny stock world. People come in with greed and recklessness. Playing the odds like a casino game, dancing from win to loss, win to loss… until, they look up and realize that all of their savings that they put into investing has been wasted!
Don’t let this be you!!
Do you have a game plan? Do you know what you want out of this game? Are you willing to put forth some effort to truly understand this game? Because if not, let me save you a lot of time and effort wasted, and quit now! Go do something else, this career can be very intimidating to a lot of people because they have no idea what they are doing.
But what’s funny is many will spend thousands of dollars trying to learn it on their own, thinking training programs are not worth it! … Let me tell you from my experience and from all the stories I’ve heard. THAT is the most expensive way to learn, and many times gets you to lose interest and even become afraid to trade penny stocks (<- click to read my article regarding fear and trading).
If you are not willing to put forth a little money to invest into yourself so you invest correctly, you’re playing with fire and you will get burned! This is the difference between those who know the game and those who gamble it! For example my penny stock teacher is Timothy Sykes.
You can view his video here:
For years I wanted to get into investing and I finally ran into his first DVDs he made called Pennystocking 101 and Pennystocking Part Duex which you can read about by clicking the links. I found that Penny stocks trading is the cheapest online stock trading technique besides super micro-caps which deal in the tenths of cents… which I strongly suggest you stay away from.
I found that it really is all smoke and mirrors, and you can simply remove these distractions by knowing a few charting patterns and how to read an SEC filing (read all about it). But there is NO reason at all anyone should be scammed out of their money while playing penny stocks in the long run, because the Timothy Sykes method works! My first couple months of trading I held a %83.33 win rate, and actually it was more like %90ish because of some software errors that caused unintended buying and selling of stocks. Which you can read here.
So if you are serious about trading penny stocks. Don’t screw around get a mentor that is for real and is truly here to assist you!
PS: The reason you want to look into the cheapest online stock trading methods of Timothy Sykes is for the pure raw experience and WILL that he has created over the years! He is number one for a reason, why follow anyone else?
Kaizen Penny Stock Education Guide Book
By: Griffith “the Trader” Hawk
Kaizen (改善), is a Japanese word for a philosophy and practice that focuses upon continuous “improvement” or “change for the best”. And of course Penny Stocks are considered to be:
Some consider it to be any stock that trades for pennies or those that trade for under $5, while others consider any stock trading off of the major market exchanges as a penny stock. However, confusion can occur as there are some very large companies, based on market capitalization, that trade below $5 per share – Investopedia
When I first learn any thing that excites me I really blow myself out of the water with constantly pushing to learn what interests me, does that ever happen to you? Although I learn a bunch in that time I’m never highly successful at keeping with the ritual of continuous Penny Stock education. So I’ve been applying a philosophy called Kaizen. It was invented by an American during around World War 2 and it was created to help companies over in Japan get their business running at a higher capacity and it’s basically a philosophy where you’re constantly looking to make something better. Tony Robbins calls it CANEI (Ka – N – I), which means: Constant and Never Ending Improvement. But not all at once. By slowly making things better and better the Japanese revolutionized the concept and put them and their businesses on the map, and now this philosophy is spilling over into small business and individual lives all over the world.
(This is a brief example of what Kaizen is and what its being used for)
So how can this apply to yourself in your own penny stock market education? Well first off learning the basics of how to trade properly is a great starting step, so I’m going to highly recommend a penny stock educator named Timothy Sykes whom I highly trust, you can watch his video here! By simply just purchasing his Silver Pennystock Newsletter today you can go through thousands of lessons, and he makes these lessons in brief little examples of how he traded that day, they are short and to the point. I’ve noticed by watching just one to two of these a day I’ve been making way and regaining what I learn when I was being ridiculous and trying to learn everything in a month or two.
I certainly should know better, but I was excited and then I burned myself out, which I’m sure you can relate too. This is something you need to be wary of and through this Japanese philosophy of Kaizen I want to help you hold on to and grasp on to your dreams so you can avoid doing what most people do when they come to a knew possible career path (or educational material). They either don’t do anything, or they do too much and either way, you lose if you do that. So lets look into this path a little bit further and discover how important it is to do just a little bit everyday and work up to a sizable load of education use Timothy Sykes educational material.
Kaizen applied to Timothy Sykes Pennystock Silver Newsletter is rather simple. Once you sign up to his Pennystock Silver Newsletter you’ll be directed through Profit.ly where his material is hosted. To get started you’ll go and click the button under my Subscriptions and it will take you to another page that has many selections. This is where Kaizen is very important to start your penny stock marketing education, and I’m very serious that you should consider following the steps of Kaizen, because it can mean the difference between failure and success… and frankly if you have any intention at all to be successful when it comes to penny stocking then take this serious!
You’ll get to screen like this once you select the Silver subscription. The only thing you’ll need to concern yourself about at this point is the “Getting Started” button. Once you select the “Getting Started” button you’ll be brought to a screen that looks like this:
Once you get to this screen you’ll want to immediately click the 60 day video course! What is great about this is, this first course through Pennystocking Silver will help you build your Kaizen ritual as well as get you started learning proper knowledge when it comes to learning how to trade penny stocks. You might want to know that most people who enter the market never invest in their education.. So it’s absolutely monumental that you are going to invest in yourself today, because trust me it’s actually cheap to get the knowledge first, spend the money and then avoid HUGE pitfall mistakes when it comes to “learning as you go”.
Let me tell you a quick story of how building a Kaizen ritual can assist you in maintaining this good habit of education when it comes to your financial learning curve.
In one study of Kaizen they sought out people who worked all day but wanted to find time to work out. These two studies were simply broken into two different groups. In one group they gave them a free gym membership, gym clothes, equipment and fitness training, and in the other group they simply requested that they go up one step in a stairway and step down, and then increase it by one step every single day. After a year they found that the second group not only lost more weight but maintained a proper work out schedule, where as the first group barely did anything!
So as you see being handed everything to succeed still comes down to you applying yourself in small workable steps and moving forward as you gain the right ritual to help you succeed. In this case you are paired with a simple 60 day course to build your ritual and then thousands of videos to continue with afterwards. Also it would be good to remind you that he gives out Pennystock Alerts everyday and you can trade with Tim as he does in ALMOST live time, there is about a minute or so between hes trades and when he informs his list.
I would recommend watching one 60 day video course a day, as well staying up on all current video lessons that are released and then slowly moving it more and more everyday. Once you get a good ritual in with Pennystocking Silver I recommend checking out his educational DVDs here and grabbing up Pennystocking 101 and Duex. So there you go use this method of Kaizen and you will increase your chances of succeeding with pennystocks (or anything or any course).
You’re welcome internet!
-Griffith “the Trader” Hawk
It seems my research deepens further and further the more I notice how much scam happy people are out there pushing “The Best Pennystock Newsletter“… Well I’m here to inform you that many Pennystock pick sites and “newsletters” are nothing but a bunch of hype and promoters pushing stocks they got for a discount. Is it illegal? On some levels absolutely, but it’s such a gray area and so much money is being pushed around that I don’t see in the near future any governments really stepping in to stop these types of people from reaching into your back pocket!
So I’ve been doing my due diligence mostly for myself but I’ve found over the months that many people have been appreciating the research, so hopefully you can also benefit from this as well. Since beginning of the year I’ve been following Timothy Sykes, I’ve purchased many DVDs from him and a couple of his friends over at Profit.ly and I have to say from the material I’ve gone through and the information I’ve learn through Timothy Sykes Penny Stocking Silver membership I feel I’m becoming pretty proficient at finding scammers because I now know their angle and what fish they are trying to reel in!
My most recent bust was of Pennystock Egghead, you can read about it here, and I really recommend it, because as professional as the website is (for Pennystock Egghead), it’s really a rotting piece of crap underneath ready to take all your money in a matter of minutes! So who should you trust in the Pennystock world? Well I can tell you it’s one of those things where 99% of the crap online is bunk fake ass scammers when it comes to the stock market. Everyone is crawling over each others heads trying to get to the top. Thing is, those people will never find themselves at the top, because many times the natural ways of building wealth requires you to offer something of value, whereas these people do not! (Do not get me wrong they certainly can live great pathetic lives for doing so!)
One thing to note though, you can use these people and their “Penny Stock Newsletters” to bank even though they are scammers. Let me explain really quick on why in the end they are scammers. Literally they are looking for the newbie stock traders, they will act like their friend by give you (them) little helpful tid bits about pennystocks that are true! But… they’ll purposefully omit many important things when it comes to selling, holding or shorting a stock. Many times you’ll never see a Pennystock news letter pumping a short! This is because many times these people have some kind of end game with the stock, they either have stock they are holding or someone they know has a bunch… Or better yet, they were sold a mass amount of discounted stock to pump the stock!
So they want you to get all excited and get ready for that bell to ring early in the morning and put your entire life savings into their shit stock so later in the day they can pull it all out while your taking a crap! You think I’m kidding? Watch this short clip, you’ll see what they make you feel like until they pull out their stock and many times if you are not a seasoned Pennystocker you’ll fall for their crap every single time! Whats sad is, many people walk into the stock market with the right attitude only to be stabbed in the back by people they “thought” they could trust. What is also sad is that if given the right push, these people (or perhaps even you) could have really excelled in pennystocking (or just the stock market in general)!
Whats the trick to finding people you can trust? First off I always look to see if they have a past, what I mean by that is I do my research, I look to see what people are saying, I ignore super A++++ reviews but I also ignore people who leave the worst feedback in the world. This is a simple psychology based review. You skim off the top and the bottom of the results and what do you have? More people bitching or more people applauding their work? Here in a minute I’ll share with you a group of people who have more people applauding then bitching.
When you do a search for a Pennystock Newsletter you’ll be blasted by people buying Google ads, mostly because the Pennystock Newsletter they ran a couple months ago got such a bad wrap that they have to start over because no one trusts them! In many cases I ignore Google ads, because of this. But you also can’t always trust the #1 Google results in many cases either for such a competitive keyword like “Pennystock Newsletter“. There is a thing in the online marketing world called SEO, and SEO means Search Engine Optimization and it can be fucked with, and that’s to say it nicely. Over a years time Google and other search engines are constantly fighting off these people are faking their rankings (they call them algorithm changes). People can trick the search engines by purchasing an SEO expert and having them blast links to your site in a certain way.
So, what does this mean? It means people on the front page of highly competitive words are most likely not there on their own, A.K.A people naturally linking to them because they are just that awesome. You know, like this site ;). But there are some legitimate stock traders whose sites are at the top of certain keywords because they are for real! Believe it or not there is a 1% in the stock world and they’re really here to help you learn how to trade! Who are these people through? Well I know for a fact there are more then the ones I currently roll with and until I run into more they are a shadow in my mind until then. But hold on a second, I’ll get to them!
The next time you search for a newsletter look at it again and reexamine what you really think about them. Unless you are signing up for their newsletter so that you can use their information against them, (which is a great strategy once you learn it) then stay away from them when it comes to education. Because this list of fakers is just a fraction of a percentage of scammers out there.
Falcon Stocks note: Falcon Stocks is most likely a legit company. At this point, the maturity level is now in question. For more information read the comments below and make up your own decision.
So I’ve given you an idea who you should stay away from. Who should you reach towards when you searching for people who can legitimately can help you improve your trading skills? Well I’ll give you a list of the people I currently trust and you can decide if they are for you! If not, it’s not the end of the world! There is a trading style for everyone and just because they do not resonate with you (even though I believe they will) doesn’t mean there is not a Trustworthy Pennystock Guru somewhere that will!
My current list of people I trust in the education sector of Pennystocking (stocks in general) are:
Okay maybe not the best picture for the bunch, but it’s funny! But you now whats not funny? Getting fucked in the stock market because you listened to some scamming ass piece of $*#&! Be sure you learn from the best willing to teach, and I believe these people have what it takes to take you where you want to go!
These individuals I believe are trustworthy to anyone looking for positive results!! If you believe it or not it’s super important to know who to listen to (in any business setting!). So I invite you take a look at all these top notch traders and see what they are all about, because I can only show and tell you what I know, it is you who has to check these people out and examine how they work for you! I wish you the best, because in the end, you must trust yourself!
Playing Penny Stocks? Are You Gambling or Investing?
I found that it really is all smoke and mirrors, and you can simply remove these distractions by knowing a few charting patterns and how to read an SEC filing (read all about it). But there is NO reason at all anyone should be scammed out of their money while playing penny stocks in the long run, because the Timothy Sykes method works! My first couple months of trading I held a %83.33 win rate, and actually it was more like %90ish because of some software errors that caused unintended buying and selling of stocks. Which you can read here.
