Over the years, I’ve seen several penny stock patterns working time and time again, and more often than not…patterns like “Try This Every Morning And You’ll Make Money” for dip buying and for short selling I really love the pattern outlined in the blog post “4 Live Penny Stock Trades On Video”
Download the key points of this post as PDF.
But right now it’s earnings season and if you’ve watched my 1,100+ video lessons HERE on earnings plays then you know it’s a great season to buy, especially if you’ve watched my recent video lessons like this new one I made earlier today:
NO pattern works 100% of the time, but I find some patterns “get in a groove” and they work more consistently than others for a few days, weeks or even months…that’s why I was buying the earnings winner SORL recently in the low and mid 5s before it spiked all the way to the 7s, a 45% spike from my first buy, in just 3 days:
And many of my newsletter subscribers have been using this basic pattern and similar patterns I’ve explained in my nightly watchlists to grow their accounts nicely, often times better than me (I’m not angry when students do better than me, on the contrary, I actually love it, this young man has more than doubled my accomplishments in my first 5 years of trading and he won’t be the last!)students and
— Obadiah (@day_monger) May 19, 2017
— Kris (@Kris04242913) May 20, 2017
— Gina panda (@Ginapanda2) May 21, 2017
— Fahim Mahmud (@mahmudf1) May 19, 2017
— The Stocker (@_The_Stocker_) May 19, 2017
— Steven C Parker (@StevenCParker) May 19, 2017
I know many people don’t get it, but the key to making millions of dollars with penny stocks is simply taking it one trade at a time and either profiting from it or learning from it, sometimes you get lucky and you can learn something even while profiting. But the point is that even if you lose on any one trade, it’s still part of your journey, it just fits in the “lesson learned” category and you need a ton of lessons added up before you can become a millionaire, that is if you want to be a lasting millionaire, not some fly-by-night cash grab millionaire, those of whom think they can cheat their way to success and only learn the hard lessons too late when their account is big and they lose a big percentage of it, or even all of it since their education was flawed.
This is why I focus on plays like SPWH, SORL and GLYC, the 3 hottest stocks the past few days as this pattern is working well right now and I have been learning from it and profiting too, although I think I could’ve profited more, especially late last week although I’m still adapting to this one pattern working so well…and we’ll see if the trend continues next week with SPWH…and if it doesn’t, that’s fine, I won’t get angry or disappointed, I’ll simply react to what the market is telling me and refine my process.
That’s what success in the stock market is all about; refine, refine, refine, optimize, optimize, optimize then execute, execute.
Watch these 3 great videos below to better understand from my top Millionairestudents how great success stems from your mastery of just a few key patterns over and over again and the discipline to wait for these plays and not just trade any old stock that looks “hot” or “interesting”…our biggest successes happen when we wait for the best patterns to appear and ONLY THEN do we strike and that’s how our winning percentages are so high compared to the laughing stock that is “the trading industry” who frustrate themselves chasing lower odds patterns and looking at not-so-reliable-all-the-time-technical indicators like RSI, Bollinger Bands, MACD
(I know, I know many traders will disagree with me, but I’m speaking from personal experience and until we start seeing ANY other traders go from $12,415 to $1.65 million in 4 years like I first achieved when I began trading or turning a few thousand dollars into $4.4 million like this young man, I’ll stick with what I see and know works best)
Anyways, here are some of my topstudents who, like me, only trade a few key patterns and ignore everything else in the markets that overwhelms so many people, leave a comment below this post if you promise to study your ass off learning these key patterns THEN having the patience to wait for them to appear and ONLY THEN trading…as I have a feeling that if you are open to doing that you will see your winning percentage spike dramatically: