tag:blogger.com,1999:blog-53608430803234337612012-01-29T13:32:44.769-05:00Buying Penny Stocks and Selling Them for a Profit | How to Trade Penny Stocks | Investing in Penny Stocks | Penny Stocks to Buy | OTCBB Penny Stocks | Real Information on Trading Penny Stocksninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.comBlogger511100tag:blogger.com,1999:blog-5360843080323433761.post-4365260125304102972011-11-28T23:42:00.005-05:002011-11-28T23:59:36.861-05:00

Well, it’s a couple of days after Turkey Day, my wife has cooked all manner of bountiful goods that I am still partaking of, and for some reason I have oil penny stocks on my mind. What is the appeal of oil penny stocks right now? There’s actually quite a bit of sound reasoning to be in the energy markets in general right now, especially in light of the overall “big picture”. Let’s face it, folks

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-351231012530105332011-09-03T15:38:00.002-04:002011-09-03T15:56:30.496-04:00

So why penny stocks? The answer to this question should ultimately rest with the investor’s own tolerance for risk. It’s funny that after writing almost 50 blog posts on the subject, I would even feel the need to take the time to address this question, but for the beginning investor, they may need a little help in understanding my own reasoning for even fooling with penny stocks to begin with.

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-52453252759305435022011-08-17T13:34:00.003-04:002011-08-17T13:46:13.022-04:00

Folks, an unprecedented opportunity is upon us as it pertains to investing in gold penny stocks. Focusing on buying penny stocks for different gold mining companies is a very good idea right now. I felt a real need to write this because it’s something I’ve been doing for a while now, but wasn’t fully comfortable writing about it because I didn’t want people to get the wrong idea about how and why

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-3439925913333461222011-08-03T13:30:00.003-04:002011-08-03T13:38:33.494-04:00

There are tons of examples of wild penny stocks that have produced downright outrageous returns in very short periods of time. It is due to these cases, I’m disappointed to say, that penny stocks sometimes get a bad reputation as being “too risky” or “for gamblers only” and so forth. It is quite possible for you to actually employ a regular trading methodology that includes pre-calculated entry

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-39952729884127948332011-07-30T19:44:00.002-04:002011-07-30T19:54:57.879-04:00

If there’s one thing that small cap & microcap investors will give their left arm for, it’s the ability to identify penny stocks about to take off. When I think about what it really takes to make this happen, I’m always reminded of Ted Warren’s words in his iconic book “How to Make the Stock Market Make Money for You”—“It’s only when you’ve mastered the art of hindsight that you can master

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-13050286252773795322011-04-06T12:57:00.003-04:002011-04-06T13:09:12.802-04:00

Well, since EFOI is languishing, support at $0.98 has been broken, and I’m sitting with losses right now, I thought it would be a good idea to focus on something positive and talk about penny stock runners. There have been so many good examples of penny stock runners recently, it was hard for me to narrow down & pick just a couple of instances that really stood out to me. One thing is for sure,

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-85816582355559679382011-03-09T13:39:00.006-05:002011-03-09T13:57:34.987-05:00

Alright, I’ve been looking for a good example of penny stock breakouts, and I believe that I’ve found one in the making here. It’s one thing to see a breakout on a historical chart and to look back and say “Okay, there’s where the stock really took off”, but it’s a whole other deal to see it happening in real time. Now, I could walk away from yet another post with egg all over my face if this

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-17747567594952526752011-03-08T13:17:00.001-05:002011-03-08T13:36:19.244-05:00

Well, after having my rear end handed to me by the penny stock markets recently, I decided to take a small break to regroup and get my mind back in the right place. Every successful trader has had periods of poor trade performance or drawdowns, and it’s one thing you’ll have to learn to deal with as a penny stock trader. One of the biggest obstacles you’ll have to learn how to overcome is your

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-52271456391433495372011-02-07T22:27:00.007-05:002011-02-07T22:36:53.365-05:00

Well, the best laid plans of mice and men…I thought that I would post this as a follow up to my previous post regarding what I believed to be a few of the penny stocks to watch for 2011. One of the things that cracks me up is when I make a suggestion or highlight a particular penny stock on this blog, and then only days later the stock plummets like an anchor in the ocean. One of the most

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-25313436128763917132011-01-19T22:23:00.007-05:002011-01-19T22:47:57.333-05:00

I usually try to stay away from any language that smacks of hype or sensationalism when it comes to trading penny stocks, mainly because I have realized over the years that it takes an emotionally level person to be able to successfully trade penny stocks (or any other financial instrument for that matter). So when I decided to highlight some penny stocks to watch for 2011, I made sure to word

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com2tag:blogger.com,1999:blog-5360843080323433761.post-49593113126459646102010-12-20T23:19:00.003-05:002010-12-20T23:32:09.641-05:00

I really should subtitle this post “CTIC: Back on the Radar”, because that’s exactly what I’m gonna write about. When studying penny stocks and price action, you have to really keep an open mind and a willingness to admit that your first instinct or your first ideas could be wrong, and you must in EVERY way defer to the price action on the stock’s chart as your main indicator. I know of some

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-20369292356221987502010-10-22T00:06:00.005-04:002010-10-22T00:20:08.323-04:00

Well, I don’t know how many “I told you so” moments we’ve had on this blog so far, but now it’s time that we add another one. As I first mentioned back in September in a post about how to read penny stock charts, I highlighted Cell Therapeutics Inc. (NASDAQ: CTIC) due to the very tightly-wound trading range it was in, and had been in for about a solid month. Again, the price charts tell you

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com1tag:blogger.com,1999:blog-5360843080323433761.post-84473621282414533942010-10-10T23:28:00.006-04:002010-10-10T23:39:52.977-04:00

Everybody and their grandmother always wants to know how to stay abreast of the latest penny stock picks. You look at the average website relating to penny stocks and it will be loaded with recommendations (containing the all-too-familiar “forward looking statements”) for this or that stock, with so many symbols flying at you that your head will start spinning. I hate to say this, because it may

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com1tag:blogger.com,1999:blog-5360843080323433761.post-85249382172506039862010-09-26T09:53:00.005-04:002010-09-26T11:18:30.748-04:00

On some level I guess you can call this an “instructional” post…I figured that I would take you guys through the actual process that I use when I’m trying to identify penny stocks to invest in. I kept thinking that if I could just explain what I do from A to Z, from the time I decide that I want to check out what’s cooking with the penny stock markets to the time that I have made a decision to

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com1tag:blogger.com,1999:blog-5360843080323433761.post-69305217034491409102010-09-11T13:39:00.001-04:002010-09-19T14:33:27.670-04:00

I was just thinking about something that completely blew my mind…here it is, September 11th, 2010, 9 full years after one of the most tragic events in American history, and in a way it brings back a semi-positive nostalgia for me—not because of what happened to the Twin Towers, but because I started penny stock trading immediately after 9/11 hit. I had been doing research for months before that

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-22225136801563473262010-09-03T22:22:00.000-04:002010-09-12T23:26:55.208-04:00

Been thinking about this post for a while now, and I believe it’s time to really dig into it. Anyone wanting to know how to read penny stock charts really needs to understand first of all why it’s important to read the charts in the first place. The last thing I or anyone else should want to do is waste our time doing things that really won’t produce results. I can confidently say that any time

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-31803495376286641972010-09-01T08:07:00.000-04:002010-09-01T08:07:00.831-04:00

Well kids, let’s take some time out to talk about high volume penny stocks. I’ve spent quite a bit of time in the past talking about penny stock volume and how important it is to understand volume in relation to price action with penny stocks. Volume many times can be your “dead giveaway” as far as detecting when a stock is in what is known as the “accumulation” phase—in other words, in the time

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-33604213243758487512010-08-29T19:25:00.003-04:002010-08-29T19:36:54.373-04:00

Man, it’s been a long time…I kind of took a breather from posting here about trading penny stocks online, mainly because I was so focused on gathering information and just doing my normal research before getting into some other trades. I realize that my approach is a little different, possibly slower and more methodical than the average trigger-happy short-attention-span day trader with the

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-21618391510017280622010-04-21T23:58:00.008-04:002010-04-22T00:09:31.423-04:00

It’s one thing when you look at someone else’s trading record and see where they have profited from penny stocks that hit it big, but it’s an entirely different thing when you’ve been able to extract profits from the penny stock markets for yourself. Nothing feels quite as euphoric as seeing that trade confirmation when you’ve closed out a position at a significant profit. I had the pleasure of

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com2tag:blogger.com,1999:blog-5360843080323433761.post-1349641149959741592010-04-12T23:05:00.010-04:002010-04-12T23:19:11.754-04:00

Well, I don’t want to say that I told you so, but…I did. If anybody was following my earlier hot penny stock alert regarding First State Bancorporation (symbol: FSNM), and you followed the action that happened today (4/12/10), you’ll see that this stuff I’m talking about is actually viable and real. Yep, almost no sooner than I was able to “break the story” back on April 6th, FSNM popped up today

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-77454005162721948552010-04-06T19:59:00.007-04:002010-04-06T20:11:33.120-04:00

Holy crap. You would be really hard-pressed to find a better example of what to look for in penny stocks than you have with First State Bancorporation (NASDAQ: FSNM) right now. I found this stock, oddly enough, through trying out my new handy-dandy “Chart Patterns” feature in my OptionsXpress account. The ironic thing is that I do all my penny stock trading through my TD Ameritrade account, and I

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-58097006126625849482010-04-01T22:28:00.002-04:002010-04-01T22:31:40.503-04:00

Pink Sheets Penny StocksSo what exactly are the pink sheets penny stocks? In a nutshell, they are considered to be the “Wild Wild West” arena of the stock market world. They’re somewhat considered to be a step below the OTC Bulletin Board stocks (if that’s even possible), because with pink sheet stocks, every trader operating in that arena understands the rules of engagement, which are basically

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-61465815136359314272010-01-10T21:29:00.002-05:002010-01-10T21:43:43.574-05:00

Well, I said that I wasn’t going to write anything about penny stock trading again until PMU cracked the $0.40 barrier, but that seems to be taking a while (as this type of thing often does), and I’ve been itching to write a post for a while now. I have a lot of things on my mind as far as penny stocks in 2010 goes…it’s funny when I read some of the investment advisory newsletters and penny stock

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com1tag:blogger.com,1999:blog-5360843080323433761.post-25223178622001693832009-05-13T23:12:00.003-04:002009-05-13T23:17:58.454-04:00

Well ladies and gents, it’s definitely been a long time since I’ve written anything here on Trading Penny Stocks Online. I wanted to cover more topics in the interim, and even wanted to continue my series on hot penny stocks, but I actually promised myself that I would not make another post until I saw PMU (Pacific Rim Mining Corporation) “pop” in price, just to prove to everyone that’s been

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com1tag:blogger.com,1999:blog-5360843080323433761.post-11291743704992615892009-01-18T04:52:00.002-05:002009-01-18T04:52:01.087-05:00

One of the most vital factors in buying penny stocks is to have the right tools for the job. Research and study are vital; I believe that you should be a “student of your craft” if you are really desiring to make a career of penny stock trading. If you haven’t yet picked up a copy of Ted Warren’s book, “How to Make the Stock Market Make Money for You”, I highly, highly, HIGHLY recommend that you

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-24486469104294492772009-01-03T05:05:00.001-05:002009-01-03T05:05:01.030-05:00

This whole business of penny stock trading is really quite simple, if (and ONLY if) you approach the markets with a trader’s mentality, not a gambler’s mentality. In a lot of ways, being a good trader is like being a good poker player; you have to realize that you’re going to fold way more hands than you’re going to play. It’s just the way the probabilities play out. But if you keep this in mind

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-86678161520280765052008-12-22T23:19:00.017-05:002008-12-22T23:36:50.368-05:00

Okay, I promised that I would actually show at least one example of some of the hot penny stocks that are out there on the market right now. Let me make one thing absolutely crystal clear: At any given time, in ANY given economy, there are some serious deals to be snapped up in the markets, if you simply have an eye to look for chart patterns that indicate technical strength. In every market and

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-74303185788767972622008-12-14T19:32:00.004-05:002008-12-14T19:37:25.073-05:00

There is now and has always been a certain stigma around the world of penny stock trading, and it seems as if most people who venture into this field of investing do so with a mentality that they want to uncover the latest hot penny stocks that are out there, with the idea that they’re going to be like Jed Clampett from the Beverly Hillbillies and strike it rich from one lucky gamble. So, they

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-48150328261031045232008-12-03T13:00:00.003-05:002008-12-03T13:02:56.161-05:00

I had to chuckle a little bit when I started thinking about how I was going to cover the topic of hot penny stocks in today’s investment climate—many people are wondering if anything at all in the realm of the stock market can be labeled as “hot”. And honestly, I’m being just a slight bit facetious when I’m using the term “hot penny stocks” because those who know me know that I don’t play those

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-91857939768857219922008-11-02T15:17:00.007-05:002008-11-02T15:27:54.822-05:00

You know, as I go along blogging about trading penny stocks online, I realize that there have been plenty of times where I would post about certain things where the actual mechanics of trading are concerned that probably demanded more detail, but I just either didn’t feel like going into it at the time, or maybe I hadn’t researched it thoroughly enough for myself to make any kind of intelligent

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-50392199860695423562008-10-16T13:04:00.003-04:002008-10-16T13:10:26.991-04:00

Let me tell you, creating titles for these penny stocks posts is not always easy…especially as much as I ramble. I can go from AMEX to short selling to earnings per share to technical analysis all in one post, and most of the time it can be in the opening paragraph alone (LOL). The reason why I mentioned this is because I was debating about what to title this post, and it’s actually a bit of a

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com2tag:blogger.com,1999:blog-5360843080323433761.post-18878345296101029062008-09-29T13:39:00.005-04:002008-09-29T13:52:03.552-04:00

In light of the recent ban on short selling by the SEC, I really couldn’t resist writing another post here on Trading Penny Stocks Online. I definitely am not the kind of guy that wants to be chained to his computer 16 hours a day, cranking out 5 or more blog posts every day…that’s just not my style (if you doubt that, take a look at the archives—LOL). I normally only post something on this blog

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com4tag:blogger.com,1999:blog-5360843080323433761.post-56938313088037470272008-09-04T23:48:00.000-04:002008-09-05T01:05:05.355-04:00

I guess this is somewhat of an “I told you so” moment. Anyone who has been following this penny stock trading blog for any length of time will be familiar with our “case study” of sorts, the AMEX stock known as Palatin Technologies (ticker: PTN). I had first highlighted the stock at the beginning of July when I did a post about what to look for when you buy penny stocks. From there, I used PTN as

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com5tag:blogger.com,1999:blog-5360843080323433761.post-71294837203703461892008-08-20T18:55:00.007-04:002008-08-22T23:38:43.923-04:00

You never quite know what kind of ride you’re going to be taken on when you’re trading penny stocks, but one thing is for sure…it will be a revealing experience no matter what. What I mean by this is that your own character and emotional makeup will be revealed to you by means of your reactions to the market’s “acrobatics” at times. Even though the penny stock markets are overwhelmingly touted as

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-31081224635300329882008-08-05T13:10:00.018-04:002008-08-05T13:53:20.086-04:00

Are you a trader or an investor? This is an important question to ask (and answer) before you jump into the arena of buying penny stocks. On the surface they would appear to be the same thing, but the truth of the matter is, a trader is not always an investor, and an investor is not always a trader. Many people believe that if they buy a penny stock, they can call themselves an investor. This is

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-25800358333037167682008-07-27T21:21:00.004-04:002008-07-27T21:33:02.933-04:00

Some people get intimidated if you even mention the phrase “technical analysis” when talking about penny stock trading. Truth be told, there’s really not a whole lot to it, if you resolve to keep things simple. When I have technical analysis in mind, I’m using a more broad definition of the word, so maybe I’m the one with my head in the clouds about it so to speak, because there are some “

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-63150992291807791592008-07-13T23:25:00.005-04:002008-07-13T23:37:40.197-04:00

As often happens when you trade penny stocks, especially if you are a chartist (meaning you formulate your trading decisions based on the price activity of a stock as registered by its price chart), you do your homework, you study the price chart, you make your trading decision and decide on your entry point, you set your price objective or your exit strategy (and all of this should be done

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com2tag:blogger.com,1999:blog-5360843080323433761.post-52244509956482684502008-07-01T20:48:00.006-04:002008-07-01T23:38:00.636-04:00

I’ve been doing some homework to show my readers (if any—LOL) some real-life examples of what to look for when you buy penny stocks. This requires the help of some trading tools that I have with my Ameritrade account; namely the Screener. If you know how to use it, a stock screener can be your best friend. I personally steer clear of all fundamental data when I’m screening stocks, and I sort

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com2tag:blogger.com,1999:blog-5360843080323433761.post-40117079537598299022008-06-29T17:21:00.004-04:002008-06-29T17:27:40.565-04:00

Whether you’re a speculator looking to buy penny stocks, or even if you’re simply paper trading a certain penny stock for practice, the importance of having patience cannot be over-emphasized. There’s a direct correlation between the level of patience you have and the amount of emotional stability you’ll be able to maintain when trading penny stocks, or any other market for that matter. While

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-59631506671574842062008-06-23T17:10:00.012-04:002008-06-23T22:46:25.513-04:00

Sorry for the mini-hiatus...I've been busy with a lot of personal matters, although I haven't stopped trading penny stocks to any degree. Good thing it doesn't take much to trade penny stocks, once you decide on your plan and then enter your position. That's the cool thing about trading in general is the personal freedom it affords; what other business or money making venture offers this much

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com2tag:blogger.com,1999:blog-5360843080323433761.post-84122143416336184952008-06-09T23:55:00.004-04:002008-06-10T00:01:29.723-04:00

This post is actually a continuation of the post-before-last on trading penny stocks (the one where the title says “Not Nearly as Hard as You Think”). I had explained that there were two basic things to look for when you’re looking to buy a penny stock—one being the sluggish price action in a tight trading range, as exemplified by the chart for AFT in my previous post, but I broke my train of

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-40989495750782366032008-06-03T15:31:00.007-04:002008-06-03T16:00:54.629-04:00

I was waiting for a good example to show everyone the power of knowing what to look for when you buy penny stocks, and I believe I've found it. Actually, examples like this abound in the markets, I've just been too busy to do a lot of research lately outside of the stocks that I picked a couple of months ago.Axesstel (AFT) was one such stock. I found AFT while doing a screen for AMEX stocks that

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-6067145478678645392008-06-03T10:48:00.003-04:002008-06-03T10:52:23.436-04:00

In the arena of trading penny stocks online, there’s a lot of hype and hubbub, some of which can be validated, and some of which just sucks. Many investment advisors, stock newsletter authors, market pundits, and so forth want you to believe that making money in the stock market is some elusive enigma that the “common man” simply cannot decipher. I’m telling you right now, it’s actually one of

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-79095741816412952642008-06-01T01:02:00.001-04:002008-06-01T01:06:31.687-04:00

If you’re still not convinced that there’s a potential for great rewards when you buy penny stocks, allow me to enlighten you. On May 27th (five days ago as of this writing), SMTR once again posted a 100% gain over its low of 0.0001 before the Memorial Day Weekend, closing at 0.0002. Guess who’s been in this stock, and experiencing first-hand these up-and-down ticks, each one being worth 100% on

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-49882544918091522008-05-30T23:35:00.003-04:002008-05-30T23:39:24.522-04:00

Before you even begin to trade penny stocks, you must make a decision about where you’re going to get your information from. What I mean is (in question form), what information are you going to use to base your trading decisions on?There’s really only two major categories of trading philosophies out there, and which one you pick will determine what you’ll base your trading decisions on. In the

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-48941536721104824692008-05-27T22:33:00.002-04:002008-05-27T22:37:02.771-04:00

I had big ambitions when I first started this blog about trading penny stocks. I thought for sure that I would be able to name a topic that was related to trading, write an excellently written post about that particular topic, and stay on the subject throughout the whole post. I have since found that I simply don’t write like that. I ramble a lot, and I write “all over the place”, and I really

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com3tag:blogger.com,1999:blog-5360843080323433761.post-68551034229844669562008-05-25T14:23:00.006-04:002008-05-27T22:38:43.989-04:00

Although the past few posts have been about buying penny stocks, I should have actually titled this post “How NOT to Buy Penny Stocks”, because I’m going to cover the somewhat “seedier” side of stock market investing, where the majority of the unwary really get their shirts taken in short order. I’m talking about a particular scam called the “pump and dump”, which is notorious among penny stocks,

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-78285513969719137652008-05-24T20:26:00.002-04:002008-05-24T20:32:22.711-04:00

I’m going to do my best to stick to the subject of how to buy penny stocks, but the bottom line is, any time you give me a chance to talk about trading, I’m going to go off on a bunch of tangents while I’m “downloading”. Trading is a subject that’s near & dear to my heart, because it’s such a battle with your own emotions and your own greed and fear and everything else that’s ugly about you and

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-23932102816368378252008-05-23T23:31:00.002-04:002008-05-23T23:39:24.093-04:00

If you’re looking at where to buy penny stocks, there are tons of brokerage houses out there that can fit the bill. I only really have experience with one, and that’s TD Ameritrade. I can honestly say that they have an excellent platform, above average execution, and excellent account management. In this modern era of online stock trading, it’s almost absurd for you to call orders in to a broker,

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-56787733745882666422008-05-22T20:14:00.001-04:002008-05-22T20:17:51.335-04:00

As I mentioned in my previous post, I am no spring chicken when it comes to trading penny stocks. I actually have never really traded any stock above about $6.00 a share...I think the highest priced stock I ever traded was Books-A-Million (BAMM, I think is the ticker), and that was back when it was below $6.00...this was back in about 2003, before BAMM made it's big run up to almost $25.00 a

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0tag:blogger.com,1999:blog-5360843080323433761.post-76892978922938497052008-05-21T16:55:00.006-04:002008-05-21T17:22:44.668-04:00

The Adventures of a Guy That Trades Penny Stocks OnlineWelcome to Trading Penny Stocks Online! I created this blog to help document my ever-changing journey into the world of trading penny stocks. For those who may not know (that would practically include everyone), I am no newcomer to the world of stock trading; I've been trading stocks online since 2002. I have been through all of the dumb

ninja trader guyhttp://www.blogger.com/profile/13892470088723542475noreply@blogger.com0