Awesome Penny Stocks Newsletter Honest enumerate And Strategy To Trade Their Stock Picks
Many citizen who are new to trading are becoming customary with a singular newsletter: "Awesome Penny Stocks" (also known as "Crazy Penny Stocks") which is found at AwesomePenny Stocks.com. The ads for this website and it's "sister sites" (like Penny Stocks based on objective opinions, so there will always be a conflict of interest. If you sign up for their alerts, pay attentiveness to the disclaimer at the lowest of the email and you will see the estimate of recompense they receive for the stock profile.
2) The stocks they promote normally have slight trading volume before they propose them. The lifespan of their picks is normally 2-6 weeks, which normally entails a steady price uptrend of 100% to 500% followed by a sudden and final drop.
Now if those two things bother you, and if you only like trading stocks that trade on the big boards such as the New York Stock change you should steer clear of Awesome Penny Stocks and all other penny stock promoters.
However, if you have a slight appetite for danger in your blood, there is a fairly clear-cut way to play these picks and make big profits on a consistent basis. I have followed over a half-dozen of their promotions and have noticed a trend that enables me to profitably trade these stock picks.
I will spill the beans right here in this narrative for you, hopefully you can enjoy the same success I have had. Here is how I do it:
1) Sign up to all Awesome Penny Stock sites (you'll see the ads everywhere) using a Gmail address (Gmail is the fastest).
2) Download "Gtalk" and log in with your Gmail account details. When you get an email, it will display a brief pop up message in the lower right hand projection of your screen. This way you can read the email alert quickly and make a buy before thousands of other traders do.
3) Open a brokerage account with E*Trade. They will let you trade any penny stock and will not slap you with exorbitant fees like other brokers do.
4) Buy the "Awesome Penny Stocks" pick on day one of the promotion (you can get in quick as consequent of having Gtalk and seeing the alert before most citizen do) and sell half or more of your position when you are up 50% or more. Look to sell the rest about a week or two later.
5) Never ever buy the stock with the intention of retention it for many weeks or months. This is a game called pumping and dumping stocks. They go up when they are pumped and crash when they are dumped. No long-term investments here will work out. I promise. Simply treat them as a trading car and you can do well.
Got all that? It's not terribly difficult but it can still be tricky to come out on top when trading promoted stocks. My trades normally work out but nothing is foolproof. I alert members of my assistance as to when I feel it is ideal to buy and sell stocks that are pumped by this group. It doesn't eliminate all the risk but it can help you come out on top more often than not in the "Wild West" of penny stock trading.
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