How to Trade Penny Stocks in 2022: Your FREE Guide
- What are penny stocks and how can you trade them? Read on for a full guide.
- Wall Street fat cats may laugh at my trades — see why my top students and I couldn’t care less.
- Traders just like you can learn to trade these stocks. Find out if you have what it takes!
Let’s be real. You probably found this post by googling something like “how to get rich quick trading penny stocks.” Or maybe you watched “The Wolf of Wall Street” and got intrigued.
Sorry. You won’t get rich quickly in this niche. But I can show you what’s possible with the right rules. And I can teach you what I’ve learned from more than two decades in the stock market.
First, let me answer a big question…
Table of Contents
- 1 Why Learn From Me?
- 2 Penny Stocks Trading Essentials for 2022
- 3 Penny Stocks and Penny Stock Trading: Definitions
- 4 How Penny Stocks Work
- 5 Best Penny Stocks to Watch in 2022
- 6 Is Trading Penny Stocks Illegal?
- 7 Know the Rules: Penny Stocks and the SEC
- 8 The Right Way to Start Trading Penny Stocks Today
- 9 Is This Penny Stock Trading Guide Right For You?
- 10 Penny Stocks: Know the Full Story
- 11 Is It Worth It to Learn to Trade Penny Stocks in 2022?
- 12 Penny Stocks: Know the Risks of Trading Them
- 13 Want to Trade Penny Stocks? The Right Mindset Is Crucial
- 14 How to Trade Penny Stocks: Start With the Basics
- 15 Must-Know Stock Terms
- 16 What Are the Best Brokers for Trading Penny Stocks in 2022?
- 17 How to Find Top Penny Stocks to Trade
- 18 Develop Your Unique Trading Strategy for Penny Stocks
- 19 My Top Tips for Trading Penny Stocks
- 20 Learn the Key Indicators for Trading Penny Stocks
- 21 The Key to Trading Penny Stocks: Chart Patterns
- 22 Stock Chart Patterns
- 23 My Top Chart Patterns for Trading Penny Stocks
- 24 How to Use Financial Ratios for Trading Penny Stocks
- 25 Penny Stocks: Frequently Asked Questions
- 26 What Is a Penny Stock?
- 27 Can You Profit Off Penny Stocks?
- 28 Does Penny Stock Trading Make You Rich?
- 29 Is It Hard To Sell Penny Stocks?
- 30 Any Good Penny Stock Apps?
- 31 Do I Need A Lot of Money to Trade Penny Stocks?
- 32 What Are the Most Common Investment Types?
- 33 Can I Trade Penny Stocks on Robinhood?
- 34 Bottom Line: Start Your Penny Stock Journey and Gear Up for 2022 Trades
Why Learn From Me?
I’ve made millions trading penny stocks. That’s not typical. But other traders have followed in my footsteps…
- Like Tim Grittani, who’s up more than $13.5 million in profits…
- And Mark Croock, who’s made more than $3.2 million in profits…
- Or Michael Goode, who’s made over $2.6 million and thought I was full of BS before he tried my strategy.
- And I can’t forget Roland Wolf, who’s over $1.1 million in profits.
In 2021, several young traders who have been through my Trading Challenge hit big trading milestones.
- Matt Monaco has made over $1.9 million in profits.
- Power couple Jack Kellogg and Mariana Hincapie are up over $8.6 million and $1.6 million respectively.
- Kyle Williams has made over $2.8 million.
Do I have your attention? Good. Let’s talk about one of the most hated — and misunderstood — trading styles out there: day trading penny stocks.
Penny Stocks Trading Essentials for 2022
It sounds counterintuitive, but forget about the money when it comes to trading penny stocks. Instead, focus on these three keys first — knowledge, preparation, and experience. Let’s look at each more closely.
#1. Build Your Knowledge Account
To become a top trader, you must focus on your education first.
I always say to build your knowledge account first. The money can come once you have the right foundation.
#2. Prepare, Prepare, Prepare
My strategies involve trading the most volatile stocks in the market. You must come prepared.
See how I prepare for every trade here. Then, go through my “Trader Checklist Part Deux” guide. It explains, in detail and with examples, the seven indicators I use for every trade.
#3. Gain Experience
You can’t gain enough experience if you can’t stay in the game. Unfortunately, most traders blow up their accounts before that happens.
No matter how much you study, you need screen time and trade time. So I suggest new traders start small and size up over time. Learn to take singles and cut losses quickly. Focus on the process.
You can also start with paper trading. Platforms like StocksToTrade (which I helped design) have paper trading simulators for practice.
All successful traders have go-to patterns and practice risk management. They established that through experience.
Top tip: All my top students studied and practiced for years before finding success.
Ready to dig in?
Penny Stocks and Penny Stock Trading: Definitions
Despite the name, ‘penny stock’ actually refers to a stock trading at under $5 per share.
Yes, they can trade for fractions of a penny, but a $4.95 stock is also considered a penny stock.
Pennystocking as a verb means trading penny stocks. Sometimes it follows the same trajectory as buying and selling regular stocks of large-cap companies like Google or Amazon.
But the percent change of large caps is too minimal for me. I want big price swings!
Pennystocking is a unique trading style that requires a specific strategy and mindset. Let’s get into some mechanics.
How Penny Stocks Work
What if I told you I don’t believe in any of the penny stocks I trade?
I know. It’s cynical and counterintuitive.
Generally, people think trading is about finding a company to believe in, then buying and holding its stock for years.
Penny stocks are the opposite. Most of them eventually fail. But before they fail, they can experience massive spikes.
Because of their small size, these companies feel the impact of certain news catalysts in a big way.
Here’s just one example from January 7, when Dogness (International) Corporation (NASDAQ: DOGZ) spiked 64%+ in under an hour.
As a penny stock trader, my goal is to take advantage of the short-term, volatile moves with tight risk management. I’m usually in and out in a few minutes. Read more about DOGZ here.
Best Penny Stocks to Watch in 2022
The hot market in early 2021 gave us crazy spikers and meme stock volatility. It was a wild time to be a day trader.
Things haven’t been as insane since. But there’s always some action — and something to learn.
That’s why my students and I stay prepared. When the market provides opportunities, we’re ready.
I made more than $1 million in 2020 — and again in 2021.
Even when the market’s slow, you can find plays. And things can heat up at any time. Are you ready?
Here’s what’s on my radar in January 2022.
Top Penny Stocks by Stock Exchange
OTCs are my favorite penny stocks to trade. But you can find penny stocks on the NYSE, Nasdaq, and AMEX, too. Below are the top penny stocks I’m watching in 2022 by exchange.
Top 5 NYSE/AMEX Penny Stocks
Top 5 Nasdaq Penny Stocks
Top 10 OTCQB/OTCQX Penny Stocks
Top 10 OTC Pink Penny Stocks
Sign up for my no-cost weekly watchlist here.
Examples of Recent Penny Stock Runners
One reason I love penny stocks is their ability to spike — 100%, 200%, or even 300% in a day.
The three stocks below are examples of recent penny stock runners.
Keep in mind I don’t consider any penny stock company to be a good long-term investment. To me, penny stocks are trading vehicles. So as you study these recent penny stock runners, notice how fast they can fall, too…
One World Universe Inc. (OTCPK: OWUV)
This stock went on a massive run in December 2021 with impressive strength.
It’s a joke of a company with a website that’s “Under Construction.” But it’s in the metaverse and partnered with the NFL. Plus, this press-release machine is good at hype.
I traded this for a $552 win on a first green day play in January.
Engage Mobility Inc. (OTCPK: ENGA)
Here’s a perfect example of a sketchy shell company. I traded it on December 15 for a profit after the StocksToTrade Breaking News Chat team alerted an acquisition.
Some penny stocks exist solely to bring other companies public. They’re called shell companies. It’s one way a private company can offer shares in the public market without an IPO.
Proconcept Marketing Group Inc. (OTCPK: PRMK)
This OTC spiked over 300% on the morning of December 31, 2021. There was some news of a business partnership. Two businesses working together can increase the value of both.
I took a small win after it started looking weak. But a 6% single is pretty good if you ask me. Especially when 90% of traders lose.
Is Trading Penny Stocks Illegal?
Trading penny stocks is completely legal.
But penny stocks can be super shady.
Yes, some trade on big exchanges like Nasdaq. But many trade through OTC (over-the-counter) exchanges.
There’s a world of difference in terms of standards between OTCs and Nasdaq- or NYSE-listed stocks. The regulations aren’t as stringent for OTCs, which means there’s more potential for fraudulent behavior.
Here’s the thing … As a penny stock trader, this can work in your favor.
There are a ton of schemes around penny stocks, like pumps and overhyped promotions … Your job is to see through them and take advantage of the short-lived spikes they can create in the market.
I know the general public frowns on this niche. I’ve actually had people back away from me upon learning what I do for a living. I chalk it up to ignorance.
There are legitimate and legal ways to profit in this niche. But you MUST…
Know the Rules: Penny Stocks and the SEC
The SEC’s rules for penny stocks vary.
Listed stocks (NYSE, Nasdaq, etc.) have strict listing requirements.
Stocks trading on the OTC markets don’t have as many requirements. Pink sheet stocks have just one: register a Form 211 with the OTC Compliance Unit.
That’s why it’s a buyer-beware market and why I get in and out of trades on these stocks quickly.
I don’t invest in penny stocks — never hold and hope.
The Right Way to Start Trading Penny Stocks Today
Never believe that these tiny companies will change the world. You’ll decimate your account when the stock inevitably crashes and burns. I know from personal experience. (More on that in a bit.)
Sure, a penny stock could turn into the next big thing. But it probably won’t.
So what’s the right way to trade penny stocks?
Expect the worst. Know that most of these companies won’t succeed … but they could experience some huge spikes before they fade into oblivion.
There are two broad strategies to trade penny stocks: long or short.
- Going long: Despite the term, “long” in my trading strategy refers to a short-term, buy-and-sell trade. For me, it’s a short-lived affair — intense, then over. And it can happen again with a repeat runner. I may hold overnight or through the weekend but not for weeks or months.
- Going short: This means short selling a stock. As a short seller, you believe the price will drop. It’s still buying low and selling high … but in reverse. Read more about shorting here.
Is This Penny Stock Trading Guide Right For You?
Again, this guide isn’t for people who want to get rich quickly.
No matter what some jerk says in a YouTube ad, there are no guarantees in the stock market. For every person who gets rich, hundreds — even thousands! — blow up their accounts.
Most traders fail. This guide is for those who want to trade smart.
It’s for traders who want to understand penny stocks and work toward their goals the right way … over time and with discipline.
Boring, right? Trading isn’t always fun. Executing an order can be exciting … But trading is a lot of research, scanning, keeping watchlists, working hard, and waiting for the right setups.
I’ll be real. For me, trading penny stocks was about getting rich … at first. And I’ve made over $7.3 million trading these sketchy stocks.
Early on, I bought a bunch of fancy cars and fulfilled my childhood dream. I’m over that. Now I donate all my trading profits to charity. And these days, I get the most joy from teaching and my charity Karmagawa.
My point? Goals can change. Trading penny stocks could be part of you reaching them, whatever they are.
Penny Stocks: Know the Full Story
Again, these are NOT stable, established companies. They’re usually small. They might be new and in an up-and-coming sector or even be in danger of going out of business.
This part’s important: Unless these companies list on a bigger exchange, they’re not required to make the same SEC filings as their bigger counterparts.
So you can’t take things for granted with penny stocks as you might with bigger companies.
Again … penny stocks can be sketchy.
But it also means that I think you can learn to trade penny stocks faster than larger securities.
The low price point means you can start trading with a small account and learn as you go. Yes, your returns may be small … but so are your losses. It’s one way to scale up slowly, over time.
Is It Worth It to Learn to Trade Penny Stocks in 2022?
Listen, I’m biased. Penny stocks have made me millions.
Are they worth it? Can they help you grow your account? I think so. But these are possibilities, not promises. You need to know these things:
- Penny stocks are NOT for every trader.
- Traders need a solid work ethic.
- You have to learn to think for yourself.
- Always be willing to do research.
- Discipline is mandatory.
- You’ll learn a LOT over your entire career.
- You must build trading plans and stick to them.
If you can’t do ALL of these things, then penny stocks probably aren’t worth it for you.
But if you’re willing to educate yourself and become a self-sufficient trader, then yes, I think it’s worth it.
Penny Stocks: Know the Risks of Trading Them
All trading is risky. That means penny stocks too.
- They’re generally not as regulated as large-cap stocks.
- Penny stocks are volatile.
- Most of these companies fail.
Guess what? I don’t like risk. You don’t have to either…
How to Minimize Risk When Trading Penny Stocks
To me, you should hate risk so much that you’ll do everything possible to avoid it!
It’s simple: If you take huge risks in the stock market, you stand to lose a huge amount of money. In some cases, you could lose even more than you invested in the first place.
Not my idea of a smart trading strategy.
If you want to stay in the game for the long run, practice smart risk management.
For example, never risk more than 10% of your trading account on a single play. If you have a small trading account, maybe limit that to 1%.
Set boundaries based on your risk tolerance.
Then, write down your own rules and stick to them. Need help figuring out the rules? Start here.
Want to Trade Penny Stocks? The Right Mindset Is Crucial
Trading penny stocks requires a specific mindset, especially when it comes to failure. If you always need to be right, this isn’t the game for you.
In trading, failure is unavoidable. I’ve failed over and over.
Don’t believe it? In my book, “An American Hedge Fund” I recount some of my biggest mistakes and losses in full detail. Get your copy for no cost here.
Instead of trying to avoid failure, learn from it. If you’re willing to work hard, accept failure, and learn from your mistakes, pennystocking could be right up your alley.
How to Trade Penny Stocks: Start With the Basics
As I mentioned before, you must start your trading career with an education.
You need to learn what penny stocks are, how they work, and how to identify their patterns.
A good starting point? This guide and my student Jamil’s book “The Complete Penny Stock Course.” It covers all the basics and more. From there, if you want to take it to the next level, consider joining my Trading Challenge.
Once you’re ready to start trading, you need a few key things…
Stockbroker
To trade stocks, you need a brokerage account. Your broker is the gateway between you and trades. Choose a good one … Do your research and check out this guide for more tips.
Stock Screener
A stock screener can help you narrow down the many stocks available to trade. I use StocksToTrade, which can also help with the next item…
Charting Software
Before every trade, you need to perform a detailed stock analysis.
There are two key types of stock analysis: fundamental analysis and technical analysis.
StocksToTrade can help you do both: it has awesome charting software and links to stock news, SEC filings, and even social media mentions.
With day trading penny stocks, technical analysis — reading the charts — matters more. Chart patterns show me how a stock’s performed over weeks, months, or even years. That helps me build my…
Trading Plan
A trading plan is where you plot out entry and exit points, risk, and profit goals. Ideally, you base the plan on careful research and stick to it.
Must-Know Stock Terms
Trading is harder if you don’t understand basic trading terms. Here are a few key ones:
- Buy: To buy shares of a stock
- Sell: To sell shares of a stock
- Short sell: To sell borrowed shares
- Buy to cover: To buy back shares you’ve sold after borrowing
- Bid: The highest price someone will pay to buy
- Ask: The lowest price someone will accept to sell
- Spread: The difference between the bid and ask prices
- Uptick: The following trade results in a higher price
- Downtick: The following trade results in a lower price
Want more? Every trader should know these terms.
Where Can Traders Buy and Sell Penny Stocks?
You can find some penny stocks on major exchanges, but certain stocks don’t meet the requirements of the bigger exchanges due to size, profits, and so on.
Companies like these trade on the OTC markets. OTC stocks tend to be lower in price but higher in risk. They’re generally up-and-coming companies, and OTC listing requirements aren’t as strict as the NYSE or Nasdaq.
To trade these stocks, you’ll need a certain broker …
What Are the Best Brokers for Trading Penny Stocks in 2022?
In the past, I wasn’t a huge fan of any specific broker.
I’d tell traders to find the broker that sucks the least for their needs.
What should you look for? You want a reliable broker that can execute your orders, and that has the stocks and services you’re looking for. I know a lot of people use TD Ameritrade, Schwab, or Robinhood.
Robinhood isn’t my top choice for penny stock traders. Even though they have no minimums, you won’t find a lot of the penny stocks (like OTCs) that I love to trade on that platform.
But I’m changing my tune on brokers in 2022. I’ve found a broker I’m pleased to work with: TradeZero. Check out my interview with the founder and CEO here:
I’m using my TradeZero account for the newest small account challenge. Join me! You can create an account here.
How to Find Top Penny Stocks to Trade
Wanna find great stocks to trade? Here’s how to get started.
Use a Penny Stock Scanner Every Day to Find Opportunities
Remember how I mentioned StocksToTrade earlier? I helped design this platform to fit a day trader’s everyday needs.
A scanner like STT can help you narrow down the best stocks for your strategy. You filter thousands of stocks based on criteria that you set.
And powerful scanners should come with powerful tools. Just check out STT’s Breaking News Chat feature. I’ve found so many trades thanks to the Breaking News Chat team.
The scanner you use is your choice. Just make sure it has everything you need to help you daily.
Develop Your Unique Trading Strategy for Penny Stocks
You must learn to think for yourself. Too many traders start off thinking they can follow other traders or alerts. But it’s impossible. Penny stocks move fast.
And every trader has a unique style … and certain strengths and weaknesses. So work on increasing your knowledge and developing your trading style.
A lot of factors play into trading success — or lack thereof. Know this: None of the top traders from my Challenge follow other traders’ alerts. They develop their strategies. All I do is provide the training wheels.
My Top Tips for Trading Penny Stocks
Want some real insider tips about how to get ahead as a penny stock trader? Here goes…
- Educate yourself. This is key. Get smart and trade smarter.
- Be adaptable. Patterns repeat, but it’s not an exact science. Markets change. So unless you want to become extinct as a trader, be nimble and adaptable.
- Maintain a strong penny stocks watchlist. Monitor it regularly and weed out the weaklings as needed.
- Keep a trading journal. Record every trade you make with observations and results. It will help you avoid making the same mistake twice.
- Learn from your mistakes. Have you ever lost $500,000 on a single play? I have.
My mistakes are numerous, but I’m still successful. That’s because I learn from my mistakes and cut losses quickly!
Start Learning How to Trade Penny Stocks — Apply for My Trading Challenge
My Trading Challenge is based on my 20+ years of experience as a trader. The goal? Help traders help themselves … I want you to trade smart, stay safe, and be self-sufficient.
During my time in the market, I’ve learned a lot — and I share it all with my students.
I don’t accept everyone. I might be the hardest-working trading teacher out there, and I want people to appreciate my lessons.
It’s up to you to do the heavy lifting. I want you to use my teachings to develop your strategy.
The Challenge has everything you need:
- Interactive webinars with me and my top students
- More than 7,000 video lessons
- Access to my incredible chat room
- And more!
Ask yourself this: What’s the best that could happen if you dedicate yourself to learning how to trade penny stocks?
Learn the Key Indicators for Trading Penny Stocks
I call myself a glorified history teacher because I constantly look to the past. It’s how I try to figure out how stocks might move in the future.
You have to consider key indicators to determine how a stock might perform in the future.
And you need to learn to read chart patterns and understand them. It takes time and practice.
Here’s a bit more on indicators and charts…
Check for These Positive Indicators Before You Trade
These signs that indicate a stock could continue to go up:
- Positive earnings and new contracts
- Positive financing
- New partnerships
- Increased trading volume
- Positive industry news
Negative Stock Indicators
These signs could indicate you should stay away … or consider going short.
- Financing secured through desperation
- Rumors of negativity from within the company
- Poor industry news
- Reduced trading volume
The Key to Trading Penny Stocks: Chart Patterns
I mentioned the importance of charts before. And I know it seems hard at first. Just start practicing and you can learn to read chart patterns.
Also, look at several time frames for an overall view of a stock’s momentum and past performance.
Chart Types
Here are the four most common types of charts:
- Bar
- Candlestick
- Line
- Area
I favor the candlestick — learn why here.
Bar and line charts are simple but don’t tell you much. I find it laughable that people try to rely on oversimplified charts to make trading decisions … but that’s just me. And I don’t know anyone who prefers area charts.
Stock Chart Patterns
Chart patterns describe how a stock price moves over time. Patterns help you make educated guesses about a stock’s future performance. Again, it’s not an exact science.
Clean Stock Chart
This is my favorite type of chart. The stock’s price moves in one direction — up or down — with regular but brief changes in direction that quickly reverse.
Pay attention to clean charts. They’re highly predictive, which is great for traders like me.
But you don’t want a chart that looks too clean, like an upward or downward trend with almost no variation.
An extremely clean chart often precipitates a steep increase followed by a steep decrease in price. If you’re not fast enough, you could lose significant cash.
Clean Bullish
Know the terms bull and bear market? A bull market trends upward, while a bear market trends down. The same applies to chart patterns.
A clean bullish chart shows a steady upward trend. The stock price might fall on occasion, but it jumps right back up — often higher than before its brief decline.
Clean Bearish
A clean bearish chart is the opposite of a clean bullish chart. There’s a definitive decline in stock price over time. It might spike every occasionally, but the downhill pattern is evident at a glance.
It often happens after a steep price increase. A company might announce news that excites investors. The stock price shoots up but can’t sustain, so it begins to fall back.
Clean Breakout and Clean Breakdown
Clean breakouts and clean breakdowns show that a stock has either broken through resistance or fallen below support.
The chart is clean because the pattern either repeats or shows significant pattern repeats before the breakout or breakdown.
Clean Cup and Handle
This is a shape you can spot on certain charts. A downward trend is followed by an upward trend — it looks like a cup. In a clean cup and handle, the downward and upward trends are smooth.
After the cup there’s a pullback — that’s the handle. If the cup and handle plays out like the classic pattern, it then continues upward. After the pullback, there’s a breakout over the level formed by the cup. It’s difficult to play this type of chart but not impossible.
Messy Stock
I encourage you to look at messy stocks. There’s no discernible pattern. It’s all over the place and its peaks and valleys don’t repeat reliably.
So learn from these charts, but don’t trade on them. There’s no way to predict what the stock will do because you don’t have a pattern to follow.
Messy Breakdown
A messy breakdown starts with an upward trend. At first, the chart looks pretty clean (and appealing). Then, seemingly out of nowhere, it’ll drop.
The pattern becomes messy from there.
My Top Chart Patterns for Trading Penny Stocks
Now, onto the good stuff! Nobody — except my Trading Challenge students — uses these patterns, because they’re mine.
I created them after watching stock charts and trading for years.
The Supernova Penny Stock Chart Pattern
We’ll start with my favorite. The supernova looks like a stock chart exploded. It might have modest peaks and valleys over several months, then skyrocket for a short period.
I love supernovas. If you learn to ride the momentum, the potential gains can be meaty. I’ve seen penny stocks shoot up to 10 times or more in price. Learn more about this pattern in my Supernova webinar replay.
The Stair Stepper
This stock pattern looks just like a staircase viewed from the side. It goes up, flatlines, then goes up again. There might be a few dips along the way, but the stair-stepper pattern repeats.
The Snore
Ignore this stock pattern at all costs. It’s incredibly boring and lacks liquidity and volatility.
The Crow
I named this pattern the crow because it’s like watching a bird pick off your cash one chunk at a time until there’s nothing left. If you start to see a crow pattern, get out immediately.
Here are 13 penny stock chart patterns to study now.
How to Use Financial Ratios for Trading Penny Stocks
Financial ratios include things like price to earnings (P/E) and earnings per share (EPS). It’s important to know these things — but they’re not my primary focus when trading penny stocks.
Penny Stocks: Frequently Asked Questions
What Is a Penny Stock?
Penny stocks are securities that trade for $5 per share or less.
Can You Profit Off Penny Stocks?
There are no guarantees. Trading these stocks takes hard work. It’s possible — if you put in the time and effort to learn the strategies, use risk management, and gain experience over time.
Does Penny Stock Trading Make You Rich?
I’ve made millions trading penny stocks and several traders have become millionaires through my Trading Challenge. Our results aren’t typical and it won’t happen overnight. Top traders put in years of hard work and thousands of hours studying the markets.
Is It Hard To Sell Penny Stocks?
Selling a penny stock position is difficult if you’re stuck in an illiquid stock. Never trade stocks with low volume.
Any Good Penny Stock Apps?
That depends on your needs. I recommend focusing on information and education if you’re using apps. Profit.ly is a solid example. You can also use StocksToTrade every day to help you find the hottest opportunities for your strategy.
Do I Need A Lot of Money to Trade Penny Stocks?
Depending on the broker you choose, you might be able to start an account with a few bucks. Every trader is different. I started with a little over $12,000. Tim Grittani started with $1,500. Never trade with money you can’t afford to lose. Focus on your education and the process first.
What Are the Most Common Investment Types?
Stocks, commodities, derivatives, and real estate.
Can I Trade Penny Stocks on Robinhood?
I wouldn’t use Robinhood for trading penny stocks. It has restrictions that limit you to certain stocks — no OTCs. But only you can decide the best broker for your needs. Do research to find one that best suits your market approach.
Bottom Line: Start Your Penny Stock Journey and Gear Up for 2022 Trades
You made it this far — congratulations! That tells me you’re not one of the fools looking to get into penny stocks to get rich quick. Or at least you understand that there’s more to trading than just buying, selling, and becoming a millionaire in a month.
Penny stocks aren’t for everyone. They’re volatile, the companies can be sketchy, and they present a significant level of risk for you as a trader.
If you’re willing to take the time to educate yourself and scale up slowly, you’ll be taking the right steps to build a strong foundation and work toward trading smarter.
Leave a comment and tell me if you’re ready to commit to your future. How willing are you to put in the work and become a smart penny stock trader?
Hey Everyone,
As many of you already know I grew up in a middle class family and didn't have many luxuries. But through trading I was able to change my circumstances --not just for me -- but for my parents as well. I now want to help you and thousands of other people from all around the world achieve similar results!
Which is why I've launched my Trading Challenge. I’m extremely determined to create a millionaire trader out of one my students and hopefully it will be you.
So when you get a chance make sure you check it out.
PS: Don’t forget to check out my 30 Day Bootcamp, it will teach you everything you need to know about trading.
Muy buena noche, he leido y enteindido lo complejo que puede ser trabajar con acciones de centavo.
El material es muy bueno, pero lo que me interesa saber es si este llega en Español. No hablo ni escribo en Ingles.
Es posible o definitivamente todo es en el idioma americano.
Buena noche.
I’m so f&$#ing Sceptical of this and don’t believe it works, convince me, show me, I dare you to make me a believer, I’m nobody, just an average guy that works hard, has a small family and I’m in debt.
I wanna be proven wrong!
See all my trades here. It’s not easy. Most of my top students study 2, 3, eve 4 years before getting it. Whatever you do, never give up!
Thank you very much Tim for all the advise you have given through your posts and videos. I am a new comer to the stock business and therefore value very much all the guidelines you have given. Going slow but steady. God Bless you for helping other people to become as rich as you are.
6.5yrs+ to be accepted into the Challenge, After I have juggled multiple side hustles just to saved money to have a brokerage acct. Learning/building my Knowledge Acct. Never been so enthusiastic in learning to know I’m only a few short yrs. away from making my own Fortune.
Thank you for the lesson and all the examples of charts to recognize.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Your comment is awaiting moderation.
Knowledge facilitates growth.
Knowledge supports growth.
Hi, Tim! I am a 17 year old who is interested in growing my knowledge in penny stock trading and attaining success after reading your guide and you journey to success. What steps do you recommend I take at this age to develop more knowledge on this material as I am still young? Your trading challenge course? Any books you recommend I read? Thanks for the wonderful information you posted. I learned some basics in a few hours.
Good! Never give up.
Watch my https://tim.ly/30bootcourse & watch my NO-COST https://tim.ly/vsguide guide & read my FREE https://tim.ly/thebestrules rules & FREE https://tim.ly/timsbook book & FREE https://tim.ly/sykestube videos! Then apply for my https://tim.ly/sykesmc
Hey I want to joint your course what’s the best way to get in touch
Thanks! See all my trading education resources https://tim.lyy/eduvest.
Timothy, I’m David Mariner and I one of the owners of the number one nightlife destination in Palm Springs, CA. That being said I want a different life. I grew up in 24 foster families, was homeless at 18 and a high school drop out. Many people call me a success just at what I’ve overcome but I found my purpose and its not to party the rest of my life. I have a family I want to build a legacy from. I just invested in your 30 day and also purchased a few other programs you have suggested. I will be your number one student. You and I will meet one day and I will make you proud. I have nothing but focus and I am ready. 43 years old and I am sick of not being my own man and the time is now to forge a new destiny. Thanks for such a clear path laid before us and I am excited about this new adventure. My interview with Carson is tomorrow and I can’t wait! Let’s do this!
All very interesting. I could be you in the way I approach trading. However there is one penny stock that I have held for over 10 years because they have been working on regulatory approval. They are close to getting approved to start construction. The only reason I have held on this long is because I know two of the principles that are involved. I worked in a competing business against them and know how they operate. One key to this business is they have teamed with an Indian tribe in California. Indian businesses do not pay Federal taxes. I still own 70000 shares. Contact me if interested.
Good luck. I’m not interested. I learned my lesson investing in Cygnus – read my tim.ly/timsbook book. Hold and hope is not a strategy.
I am so excited to get started! There is a lot of valuble information here and I I
I am thrilled my inquiring mind brought me to this gem. I started trading in May 2020 and had some ok and not so ok moments, humbling experiences to say the least. Ready to take action and make a change that will have a positive effect on my life moving forward! Thank you for all you do!
Great Knowledge. Getting comfortable gradually by studying, practicing by paper trading on E Trade
Great reminders. Thanks Tim.
Thank you for help the ones who really want to learn more about penny stock markets, really, i appreciate it,
Been studying for about a good 6 months played Forex on paper because I knew how difficult it was and did a class that someone paid for but couldn’t do ( blessed) to learn how to ??? Mostly learned terminology and looking at charts ??? My weakness for sure is I don’t worship money it’s just a tool ,and the computer in general ( but I’m not going to stop learning the computer so that charting will not be my weakness !!! I really enjoy my new job and look forward to learning more and more !!! I learned more valuable information in the lesson above then I did on the brought lessons ??? Thank you for your willingness to give back !!! I look forward to becoming a founder of some amazing charity organization that does something good for mankind !!! Traveling around wouldn’t be so bad surfing and owning a baby window VW !
Simple is best !!! Investing in our future is our hope !!!
I’m looking forward to your Penny Stock letter, and supernova pattern recognition. I’m a scientist and based on performance may want more training.
Thanks,
Dr. C
Very informative with solid evidence. Definitely helps me understand the playing field. Like someone once told me, “ Got to learn the rules of money. After you do that, you can learn to play the game.” This information definitely motivates me into learning more about how the stock market works. Also is teaching more other ways of creating income. Told myself “I’m tired of working for money. I want to make money work for me.” This is me trying to make a change. Thank you for providing such solid information. Its definitely an inspiration in my eyes.
Tim I purchased a learning deal from you. It cost $29 plus $79. I started reading this and then went on vacation and can’t find what I purchased back. Can you help me. Love everything you have taught me so far. It takes a long time just to read everything. Thank you for working with us that don’t know anything about this. May God bless you for you generous giving back.
Thanks, I passed this on to my team. You should receive an email with your login details.
Tim, thank you for putting time and energy into writing this content. This is super informative and I appreciate the hyperlinks to other links!!! Got some bedtime reading to do…!
YES!
Good stuff!
I am your grasshopper
Just finished reading your article as I am participating in your 30 day boot camp. I’m starting Day 2 today. Something I’d like some clarity on is the difference between the boot camp and the $197 commitment to enter your trading challenge. I haven’t finished the bootcamp and am not sure what the additional investment I put into my education would provide.
Finish the Bootcamp first. The investment for the Trading Challenge is more than the amount you quoted. If anyone tries to sell you at that price, it’s a scam. (Sadly it happens all the time.) Once you apply, someone from my team will contact you for an interview to see if it’s a good fit.
Thank you Tim! I am going to adjust my lifestyle to fit in learning how to trade with my day job until I can work because I want to and not that I need to! I want to work in health care, but I don’t want to depend on it.
I’ve had a job since I was little. Loading hay in the summers when I was 11/12 yo. First official job with Winn Dixie when I was 15. Fast forward to today and you’ll find me working for one of the class 1 railroads. I’m a dedicated worker but have realized a few things in life: 1) I have never really traveled. 2) I want my kids to have great lives and remember me as more than a hard worker after I pass. 3) This is the big one. I have spent my life selling my services to the highest bidder and I now realize I am a prostitute. If you think about it, we’re all prostitutes so i’m not sure why it’s outlawed in most of the country. But I’m tired of being a prostitute. I’m ready to be the pimp. Tim, I have purchased several of your training bundles and am currently going through the 30 day bootcamp. Next is the supernova training bundle, complete penny stock course, and penny stock framework. I work a full-time job so it is my plan to view all of my material by May 2021 and after that I will apply as your student. Until then, cheers to being a prostitute!
😉 GOOD! Keep studying and grow your knowledge account.
Thanks for the awesome introduction Tim. It’s what I needed to hear, the truth. I have been register for the 30 day bootcamp last year but my head wasn’t really into it. Luckily I saved it so this year I made a commitment to give it a try. First, I like to learn about trading and and stock market as they offer the freedom and flexibility in life that I am looking for. Also, I want to be able to help my family have a better life. So, I am willing to learn and give it my best. Thanks once again for sharing your thought and experience, hopefully one day I will be your next million dollar student. That I will pray and work hard for.
Very informative article. Lots to learn… Thanks for taking the time and put together!
I love what you do and your attitude to life in general, totally syncs with mine. Heres to a good 2021, may everyone win and your dream of making your students a millionaire become a reality..
I am busy with full time work and family. When I am not doing I am relaxing on a bicycle where I check out (ER nurse) and check in (relaxed traveler). Realistically, what is the learning curve and then the daily time a penny trader would put in to maintain this (side job) day trading? I am looking for a more peaceful daily “job” and maybe this could fit my personality. Thirty years nursing and I need a break from it.
Everyone is different, so it’s really up to you. You get to choose how much time you want to put in. To be self-sufficient takes a LOT of time and effort.
Hello Timothy .I,ve got so borred from my 12 h shifts making 800 per month,some months i cant even pay the bills.so few months ago i started learning ways to make more money and found stock market,now i come across your life story,it realy is awsome,i would love to learn from you to become the best version of myself,thank you in advance
YES! Start with my https://tim.ly/30boot course
I understand this is a process. I’m from Qc, Canada. Can your program work from Canada!?
I have students from all over the world.
I am ready to learn!
GOOD!
The information you have provided is great, some is new and some reinforces the thought that I’m on the right track, I will continue to seek out your advise, digest it and make a decision using what I’ve learned and experienced. Thank you very much.——Ralph
I am learning so much thank you Tim I want to learn more
I am ready to commit to my future
GOOD!
I am ready to comment to becoming a strong and experienced trader.
This bootcamp will give me a strong foundation and experience I need.
You are providing so much to help me become successful, thank you.
🙂
I saw your ad on youtube this morning and I have been researching you and your plans all day. I attended the webinar you hosted today at 6:15 pm and learned quite a bit. The biggest takeaway I have gotten from you so far is motivation. You make me want to devote time to trading penny stocks because, in the end, it will be worth it. I downloaded your free copy of the book and plan on finishing it within the next few days. After that, I will likely join your program and one day be a part of your team.
Yes! Keep studying.
Years ago i met a guy who lives on the road with his wife, travelling Australia. He invited me in for dinner. He showed me briefly how he funds his travels. Trading. Years later i see Tim and his desire to teach. It hit a solid nerve. I have made a commitment to not only Tim and his team, but myself, that I do have what it takes. History does repeat itself. I succeed in everything I commit to. My apprenticeship, success. My business, success. I look forward to adding millionaire challenge, success. I am now a millionaire challenge student. Massive thanks to Tim and your team for this amazing opportunity. Look forward to chatting with you all in the future.
I’m excited 💣💥💯🙌
I’ve been in your challenge for almost a week now. Learning so much already!!
Trying to put all the study time in that’s possible and still work my 2 jobs. NEVER GIVING UP!!!! Thanks Tim!!
YES! #nodaysoff
I am a full time mum and have read about Tim sykes guide and this i am positively taking it. Going through all the read ing materials and youtube.
What i need most is Reding and interplatting the charts.
Thank you! Read “The Complete Penny Stock Course.” Also read these posts: How to Read Stock Charts and Patterns: A Beginner’s Guide and 7 Stock Chart Patterns You Should Know
Tim I want to thank you in advance on you giving this information out I will use every bit of this and I will start trading soon getting to even see this information is a pleasure thank you for helping me get one step closer to my goal you are great
🙂
GREAT INFORMATION. I am really looking forward to the continuation of gaining knowledge about penny stocks and putting it to use.
I am an old time penny stock broker and so I have maybe more background than many of your student. However, your writings summarize all of the mistakes that I have made over the years trading my own accounts.I have made money and lost even more. I have trades options, equities and commodities…everything from blue chips to soybeans futures. I gave up all trading in favor of other endeavors. In finding you, I have renewed interest and motivation and am starting anew from the ground up.
I have drank the “Tim Sykes Kool Aid” and am committed to a good student and more disciplined.
Thanks
So this is day 1 for me after signing up for the Millionaire Masters Program. I am definitely dedicated and determined to learn all I can about this new lifestyle. There is definitely a lot of information here, but I find it somewhat confusing at times. There are a lot of hyperlinks to other information and I wasn’t sure if that information will be in other areas of my learning or if I should go ahead and look at them now. I’m assuming most of them will be hyperlinked to other lessons, but in any case this was a great starting point and I look forward to learning more. I can tell you have put a lot of time into these lesson, programs, books, videos ect. and I personally appreciate it. I would never have been able to even think about getting into day trading without the educational program you have created. Thank u
YES! At first it seems like a lot of information but most of my top students pick it up in one, two, or three years. Everyone is different. Remember it’s a marathon and not a sprint. Study every day. Focus on the process!
I think I’ve re-read this article about 5 times over the past few months… it’s such a great resource with invaluable information that I find myself coming back to reference. It took awhile, but I’m finally committed to getting started with trading penny stocks! Thank you for the information and your dedication to educating about the possibilities of day trading. I signed up for your 30 day bootcamp and I’m looking forward to learning more. THANKS, TIM!!
YES!
Day 1 of 30 Day Bootcamp! So ready to soak up some knowledge (and hopefully some $$$) in the next 30 days and beyond!!!
YES! Hope the https://tim.ly/30boot is going well!
Tim …Just completed the VIP Challenge interview with Chace and looking forward to learning your strategy…as a “buy and hold” investor I have to unlearn old habits as I gain new ones. My financial plan and goals are set and I’m ready for the journey.
YES!
Knowledge supports growth & development.
I’m a brand new student, only been in for couple days and this is literally like drinking from a fire hose as you say!!! It’s Saturday afternoon and my family is out playing in the water and I’m reading and studying, but about to take a break. Excited, nervous, scared, etc., but thirsty. Going to be a long haul, but looks like this could be good!!!
I have been studying and following your podcast, YouTube and lessons. I live in Perú South America. I want to join penny stock silver, but I am not sure if there is a platform and broker that allows me to trade USA penny stock from here in Perú. I have checked both Investor Underground (chocking platform) and TradeZeroPro. What platform you recommend and are they in other plataforms brokers that allows me to invest in USA stocks from here in Perú. Thank you!
try Interactive Brokers
I have been constantly studying penny stocks for a few months but Tim gives the best info and his attitude is great as well.
🙂 thank you!
I’m in this for the long haul. I have been a challenge student for 3wks now and am able to study 8-12 hrs a day right now with my current career. I’m exhausted, overwhelmed, scared to death, disciplined, and excited from the fire in my belly pushing me to make a bold decision in life that WILL change my life forever. Tim thank you for this path forward and I can’t wait to share a brew with on a yacht after I hit my $1 Million milestone. I can’t wait! I will get there.
🙏🙏🙏 keep studying and remember it’s a marathon and not a sprint!
I don’t want to but feel like quitting trading now. Watched a lot of youtube videos here and there, but all feel just like theory. On another note, really good article!
Read “The Complete Penny Stock Course” and then start small. Test and tweak. Don’t give up!
Hi Tim I recently watched your interview with Tom Bilyeu on Youtube. You mention about a free 11 hour guide. I tried accessing it but it directs me to a paid service on profit.ly.
Just wondering where I may be able to find this free guide please? Is there a new URL? Thanks!
We ended up removing it because too few people watched it. You can learn the basics of the Sykes Sliding scale in this post and from my student Jamil’s book. Trader Checklist Part Deux is the updated and detailed version.
What is the best way to get started I know nothing about trading at all. What should I do to start?
Get my FREE penny stock guide here and then read The Complete Penny Stock Course by my student Jamil.
Great Stuff Tim! My education account is growing exponentially. Thankyou for your passion in teaching.
I understand it may take years with many growing pains along the way, but my Goal is to: Become a Millionaire! How: Unrelenting focus on studying how to be successful in this niche.
I am so ready to learn to become a efficient and smart trader. Thank you so much for creating a platform so people can learn to be a self sufficient and smart trader. I’d like to think of it as “teaching one how to fish instead of just giving them the fish.”
🙂
Thank you Tim for sharing this knowledge on trading penny stocks. I’m a new student and I’m excited to learn and get started. I see good things in my future.
GOOD!
Tim you have changed many lives than you know. I have been studying from your blog and bought very few of your books and hoping to buy more. Despite trading on part-time basis, i have made 44% in profit in few months. We appreciate you
YES!
I was a stock market dabbler (aka gambler) as I have traded a few stocks before in the past. I just decided 2 weeks ago to start investing again, but for real this time. I funded my broker account and started my form of research with no coursework or training. I then found Tim’s website and training, and signed up. I was only 2 days into my training last week when I took a chance, and bought one of my stocks that looked like it would do well. I bought on Friday, and sold on Monday for a $1,200 profit on a $1,880 investment into the stock (SMHI).
The amazing part is that I made money. I spent all day Saturday and Sunday reading Tim’s material and watching his sessions. I realized what a amateur mistake I made to buy a stock without fully understanding what I was doing. I got super lucky and took Tim’s advice. I got the heck out and sold the stock this Monday morning. And while I made money, I did so out of random luck in a ticker choice. Not because I knew what I was doing. I’m now being disciplined and taking the course work before trading again. So that next time I make money I could actually explain it to someone.
The great news is if I hadn’t spent time listening to Tim, I would’ve “let it ride” on that stock, and I would’ve broke even because I sold right before it climaxed and then dropped.
I am in the Millionaire Challenge now and looking forward to learning more, and making trades that make sense AND make me money. Not by happenstance.
Thanks Tim for making these training materials, they have been super helpful for me already, and I am just a week in!
YES! Good job realizing you were in a risky trade and getting out. Keep studying!
2 comments
1) I want to unsubscribe to your notifications (Trade Alerts), but not to the video lessons that are sent to me with my Pennystocking Silver subscription. Is there a way to distinguish between the two or is it all or nothing?
2) To those that are short on cash… I can tell you after reading/following Tim’s blog for many, many, many hours….. there is enough info here to get you started. While you save your money, study, paper trade, and learn the process. There are no shortcuts….. if you truly want it, you gotta go for it.
Re: your first comment – contact Profit.ly support.
really exiting
It is truly incredible the amount of information you have put together! Like a good book that I can’t put down, I can’t stop reading your blogs, watching your videos and webinars and reading your books. I have so many tabs of your links open that I have started a schedule of how many to get through in a day! I am building my knowledge account until I can afford to invest into myself with your guidance!
Hi Tim, just wanna say I love that you are a straight forward person which I love. I follow you and I’m really getting into this. Keep up the good work.
Thanks!
Hi Timothy, Im so excited to be joining your “Millionnaire Stock Challenge”. Ive already turned my spare bedroom into and office, and bought a new desktop computer in preparation for this new career path. This is what I would call “a life-changing event” for me. I cannot wait to be accepted as your next student, Ive already made myself a work badge that says “Timothy Sykes Millionnaire Challenge Student” lol.
Once again, Tim is providing a wealth of information for ‘Free’ – take notes, study as much as you can, and perhaps, paper trade his favorite SuperNova pattern on a watchlist stock. Thanks Tim – hope to join the millionaires club soon!
YES!
Cancel me out please
If you’re on my email list, there’s an unsubscribe link in every email.
I’m going to get straight to the point. I have an autistic son I have to help care for and I want to use most of my savings to lift my family and I out of poverty, so I’m making this my #1 priority, I already own the penny stock course book, I read over half of it before, but put it down because I didn’t feel that I had the means to build capital, but now that I have found a way to do so, I have picked it back up and I’m not starting where I left off, I am re-reading the book from start to finish. I’m not particularly devoted to become a millionaire, maybe eventually, but as I said already my #1 priority is lifting myself and my family out of poverty. I believe that is already a difficult endeavor but with your free resources and tools and this book I bought, I think anything is possible.
YES! Never give up!
This looks intriguing. Intimidating, but intriguing.
Study every day and it will start to make sense.
Hello Tim
Today I saw u on Steve’s show and was amazed by what I heard.
I’m a 32years old Cameroonian and wanna make that millions
The truth is I’m not financially strong so the USD 197 asked is much money over here
I am trying to raise money to get get your subscription and packages
And also to get a new laptop and international credit card with some money to get started
Wish I could start right away
God bless you for sharing and guiding billionairs in the making.
Read The Complete Penny Stock Course and never give up!
Thanks for sharing
Hi Tim, actually I clicked for your millionaire challenge n I started receiving mail from your team everyday, then I received one mail saying buy a books n DVDs for $ 1600 to which I replied that I don’t have that much right now to pay as I also lost my job because of lockdown n I don’t even have a laptop but to my surprise I stopped receiving u r mail, so I just wanted to know whether it cost lots of money to take up u r millionaire challenge n learn from you if s then how much as I am desperate to learn n trade to improve my financial condition to take care of my family n don’t have to stay away from them in another country to earn money to take care of them
I’m dedicated!
Amazing! Thank you very much!!! I’m studying and learning a lot from you
Hello Tim,
I just wanted to say I really enjoy going trough your blog. This is so far giving me all the answers I`ve been looking to find the last few days when I decided to dig deep into the stock market. Not to mention my girlfriend is in banking and I was asking her how can I find small companies to invest into for a potential high % ratio return. I did not get my answer there.
Seems like by the time I get to the end of your blog I will.
Many thanks
Csaba
YES!
I have read your book an American hedge fund, i want learn, tried watching your YouTube videos, they were not in order so they were not of much help. I’m from Nigeria where using internet is pretty expensive but i still don’t mind, what bothers me is I’m not getting my desired result. Where do i start from exactly? I know i need to learn but exactly do i start from
Read “The Complete Penny Stock Course” It’s basic but it has solid information to get started.
Great Stuff Tim I’m watching all your videos
After purchasing your live demo on thursday, I’ve been reading and watching all your videos. I already feel like the money was very well worth. Thank you so much being the mentor in stock trading who I’ve always been looking for! Looking forward to achieving many things in 2020 with you! Thanks Tim!!
🙂 awwww, thanks!
This is a great read. A lot of valuable information, You have answered questions I had in mind with this article.
Thanks Tim.
Thank you!
I’m one of your supernova student looking forward to join the trade challenge. Learnt alot so far.
GOOD! Keep studying!
Tim, I want to buy your course. I live in Pakistan, would the strategies and guide you have in your course help me make the amount of money many of your top student millionaires are making if i trade in my country’s stock exchange or is it different? i am very new to this and i need your sincerest advice! Thank you!
Not sure about the stock exchange in Pakistan but I’ve heard my patterns work on other exchanges.
Hi, I am a bit confused but liked the page at the same time. I want to start the penny stock in Toronto. I need your guidance …… how can i do that
I have students from Canada. Contact my team here.
With time and effort, I can do better.
Can you hire someone to trade stocks on your behalf, or can you split money invested and profits in a stock?
I wouldn’t recommend it. Become a self-sufficient trader so you don’t have to depend on anyone else!
Hello, I don’t know if you have other courses but I want to make sure I get the right one because I am a beginner that knows nothing at all. which one do I need to get?
Start with The Complete Penny Stock Course written by my student Jamil and also apply for the Trading Challenge.
i been on board since i signed on here..i bet you got least 9000000 followowers
Not quite that many. Yet. But big things take time. 🙂
This updated pennystocking 101 is a fantastic read. It is simple and easy to understand for the type of people that Tim is looking for, you can learn a lot from this and see the 4 types of charts that Tim ideally trades. If anyone is interesting in trading penny stocks Tim have plenty of fantastic YouTube videos to watch, and if you really want to take your trading to another level Tim’s Trading Challenges would be the best thing to join. This guy is awesome and he his a proven mentor that have millionaire students.
I have been listening and watching your videos, which are awesome. I have so many goals for 2020 can’t wait to get started with pennystocks. Thanks Tim
Thanks Tim for your knowledge
All these I know and understand. YAY! That’s because you’ve pointed me in the correct direction and I am traveling that route.
Thank you.
I have been hearing about this for 2 years, I wish I could understand more, seems very difficult. I need to make a change.
What a great read. This Penny Stocks Trading For Beginners (in 2019) is a great value to keep. I bought and learning your V.I.P. Watching a lot of your videos and read your blog. I wish I knew your teachings 3mos ago. I am so looking forward to learn to trade this penny stocks after I finish watching all your videos. By the way, is there a free trial for beginners using paper trade on the StocktoTrade? I live in Australia what broker can you recommend? Thanks
Cool, I’d use Interactive Brokers
I signed up for the free information 3 hours and 20 minutes ago. That’s how long it has taken to get through this article. Of course that includes the 15 other tabs I opened as I went along…a treasure trove of information. Thanks Mr. Sykes. I’m intrigued.
I wounder how many people have read this entire document and not comment on it? I guess that is not important, I have just purchased your book off Amazon that probably is not important either.
What is important is that you have successfully managed to trade and Teach People to trade one of the Less Revered but very necessary components of the Stock market.
I am a challenge Student I am trying not to leave a stone un-turned and have found some handy Tip Bits (and a few Typos) in this Guide.
Thanks Tim!
That I guess is not imporatnt
Thank you for this valuable learning, I was amaze that you are teaching valuable information about Stock Market. I was relate in the video that you post about starting broke with $100 investment. While waiting for right time to have money to invest why Learn more and study more so that will I will be more prepare in Trading specially Penny Stocks.
“Knowledge and self-sufficiency are critical to my success in penny stocking.”
I have been watching your youtube videos and webinars. Im very interested in penny trading and not yet ready to put the money on the line yet! I was wondering where i could go to do the pretend or fantasy trading that i heard you mention in a few videos? Looking forward to doing the trading challenge soon. Thanks.
Use https://stockstotrade.com
Niceeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
🙂
This is very useful information, had been watching your YouTube channel for a while.
I had to keep a dictionary next to me for a few words, but that is just part of learning
I am trying to fit studying about stock markets around three jobs which means I have roughly 5 hours free per week, which I have started to dedicate to learning penny stocks
I do not currently have a laptop or compute, so I am learning through a phone and news papers
I will start investing in a few months after practicing on paper accounts
I keep getting told to avoid penny stocks but they seem to be the ones that interest me the most, I love the risk.
I hope that it goes well when I finally start
Kind regards
hello Tim my name is johnny and I’m a disable vet. my wife and I have been looking at your program. we are gonna do this but right now we are on a fixed income waiting for the VA to give me my 100%. which I hope it will be soon, then we have plans to really get deeply involved into this. my wife has a couple more years to retirement and we want to see the world and have the money to do it. your plan is the best I’ve seen out there and any advice you can give me along the way we are gonna take. I hope to start your program in within the next 3 months till then I will be watching your videos on YouTube and taking as many notes as I can and maybe get to come to your seminar in the near future till then looking forward to working with you and learning from you. Thank You
I have been learning from other trader’s video’s, (getting my education where I can) but ultimately, I still like watching your lessons better. Thanks for the knowledge, Tim…..
Hi Tim, I want to buy your course. I live in Pakistan, would the strategies and guide you have in your course help me make the amount of money many of your top student millionaires are making if i trade in my country’s stock exchange or is it different? i am very new to this and i need your sincerest advice! Thank you!
Are there penny stocks in the Marijuana business?
For those reading Timothy Sykes book believe in yourself and do the home work n sorry Tim if you read my first post I spell your name wrong my apologies cause I never had an out look like this on anyone else but between you and Steven dun and my God my faith for positive thoughts and blessings fills my heart with joy
Nothing on this page that makes me more happier to know I stumbled on it Tom skyes I’m so glad you were born so this is for you mother and father. I’m a single father of three, disable living with one leg I find the light Reading your book I know that your books is the road for any lost Hope person, doing your web Seminars has me thankful being curious how your mother and father are proud of you I don’t have much I live on SSI but I believe it’s true what you say im a amateur but I have enough hope in you to try
Saw you on Below Deck. You ever not that nice the crew really need it that money you to Have more respect with people even if you have all that money don’t forget were you came from I really don’t think that was you acting that way it must been the cameras. I no you’re better then that that’s how you made it
Lo malo es que yo no hablo inglés, solo español eso no me afecta
Sería genial traducir todo mi contenido. Gracias por leer de todos modos… ¿Leíste en inglés?
Tim what would your advise be for people like me from Ethiopia/International not residents of USA who are interested in trading?
yes!
I have been chasing and investing in the UNKNOWN for quite some time now. I BELIEVE that it’s time for me to slow down and LISTEN. You have gotten my UNDIVIDED ATTENTION with this article thus far. I’m looking forward to spending my days READING and APPLYING some of your TIPS and STRATEGIES.
RESPECTFULLY ,
Been watching your videos and reading your guides and following you up. What broker would you recommend for a starter that’s in Africa? Thanks in advance.
See https://tim.ly/sykesbrokers
it looks good but i am new and day 1 in penny stocks any suggestions hot to start and make it up
After I read these articles twice, I finally understood Penny Stock Trading as well as the four different kinds of patterns that I always watched in your Webiner. I think I am ready to try paper trading after I read lots of videos from YouTube and from my emails. Wish me good luck guys. Thank you Tim for your generosity on sharing us your knowledge and experience about Penny Stock Trading.
What broker do you recommend for Texas?
See https://tim.ly/sykesbrokers
Hi Tim, I entered your trading challenge but I am struggling alot when it comes to reading the charts and patterns, however I am confident that I will come right but I ain’t backing down. Still pushing, only that I am not sure what trading platform demos to use for beginners. What trading platform would you recommend me to practice on since I haven’t paid the full tuition to access the stockstotrade platform. Could you kindly recommend ne for the time being!. So far I appreciate the support from your team and looking forward to taking on the full course. I have so much trust in you Tim and thank you for the charity work you do for those in need….
Juliet
Hit up https://timothysykes.com/contact and my team will help you!
I am looking for a broker that will allow me to trade penny stocks with no minimum balance. Can you help me out?
See https://tim.ly/sykesbrokers
I am a 75 year old Texas cowboy. In the last 10 years I have mostly lost money. You are correct that the normal financial advisor is a liar. I plan on learning a lot from you. I just wish your mother would have done like mine did when I used profanity. She washed my mouth out with soap. 65 years ago soap was pretty toxic. Thanks for your help.
lol nice
Tim , I am absolutely new to trading! I have read your guide, watched a lot of your videos on YouTube and i believe so much in you but I don’t really know how to start from scratch. What I see in your program is millionaire challenge. I just want to learn first before joining the challenge.Where do I start from please?
Cool, also watch my https://tim.ly/htmmguide guide
Which brokerage do you recommend for Europe, particularly Germany?
I’d use Interactive Brokers
I am studying and reading your articles, watching your videos, taking a lot of notes, and doing my best to stay up with your Challenge email.
I want to learn this and I don’t have $3000.00 to put out there for all the information, tools, and the rest. I would like to. I know I have to do a lot more educating myself and get all the help I need to understand what to do before I start play with penny stocks.
I love the way you teach, you teach the way I believe is the correct way. ( I’m a riding instructor, I mostly teach and train dressage.)
Thank you for all you do.
Cool!
This article explains it all easily and perfectly, thanks Tim for taking the time to write this great piece of art!
GOOD!
What’s the correct plan for getting started? What order should I be learning things? What steps should I be taking? Thank You
See my https://tim.ly/sykesmc program for step by step help
This has been so helpful, thank a million. Im sorry if I sounded a bit negative in the comment on youtube
🙂
hi tim i joined your challenge, going through the homework, need little help, i need a detail video on IB trader workstation platform, on how to use platform for dummies, especially for shorting, can u help
How do I start from LESOTHO in Southern Africa
Hey Tim,
This is a phenomenal guide for the beginners. I started learning about the stock market just over a week ago, and I cannot believe how hard it was for me to find such valuable information elsewhere. I only wish I found you earlier! I am hungry to learn more.
Thank you, and I hope to work with you as one of your student.
I’ve begun my journey with ‘Penny Stock Framework’ part Deux I’m broke, but realize the importance of a quality education. As I improve my standing, I will invest further.
I really want to a penny stock trader. But all the brokers I tried to register with don’t want to open account for people from my country. Please do you know any magnanimous enough to give a Nigeria a chance?
Thank you.
Hi Tim
Can i also join your Trading Challenge from outside America.
hey tim,
im almost that broke girl you described in your short video above as I have been laid up all year due to an injury. however, I have been studying all I can get my hands on and just wanted to say how much I appreciate all your information available. I have just begun to go thru your videos on you tube and are also finding those informative. hope to be a dedicated challenge student one day. again thanks a million !
Thank you SO much for all this information, I am so very grateful for it! There truly is so much to learn. Thank you for sharing your 20 years of experience. I have a lot to learn. I truly hope to become one of your millionaire students. I have been spending nearly every minute I can trying to watch and read everything and study patterns and learn from your mistakes and lessons and just everything! Finally done with An American Hedge Fund – which taught me so much!- and now I can finally start making progress on the classes and homeworks… a month later. There is just SO much content. All very helpful! thanks for your patience. Would love to meet up if you are ever near Seattle, Washington! Hope your are having fun with your endeavors!
All the best,
Teresa
I’d just like the bottomline, how much to teach me and how much would I need to trade with? I’ve been in a program that charged a lot of money and claimed they’ll teach you to trade and the teaching was included in the cost. Not true!!! There was an additional charge to teach me one on one training and what I paid for was online courses. So please just give me bottom line… how much money to start with?
Timothysykes im Inspire of you I love your history how you became I have so many questions for you I hope one day that will come true to me .
wanted to say you mr sykes, thanks very much fo information here available
Tim is there a stock market simulator you recommend to play around with. Until I get some cash to invest. But the simulator will be good training
Hello,Tim, how are you doing! Am so interested doing Penny stocks trade ,but I live abroad, so far from your own state. Your help please, How will I manage it .
Tom, I’m totally intrigued by your willingness and desire to teach others how to succeed financially trading penny stocks based upon your own success and experience. I need you to teach me how to do it so I can emulate what you have done and free myself from the burdens of debt, frustration, want, and uncertainty. I believe that you can. I want and need your and your team’s guidance, instruction, motivation and knowledge.
I am an old man whos got no retirement except social security, i do not want to stay on it. I made my living with my body, all my life working toiling back breaking labor type of work until at age 48 i damaged my back so bad i could not walk, and the pain was to the point of not wanting to live anymore. I have been reading up on tim’s ways, i put 1500.00 into a TD account may 2018, i didnt understand all the ways of what i read, and i lost 6 grand over the time, but my account is at 20 grand now and i am trying to learn tims pick of the meat ways, my mind set is invest long term, NOT…invest short term trades 15 mins…make a few dollars move on, i have not mastered this yet but i will, i bought another computer screen so i can run a scanner and iam going to learn how to do this, and then when i can i will pass on to whom ever what i have learned from tim and others i am sure, karma, and good will and the love of god and his son will keep tim making it….and blessings for him through folks like me that’s going to make it also. Helping others like tim has will help tim even more and passing it forward will help us all.
What is the bare minimum one can start with?
Just came across your site, I am comfortable with the terms and have done some trading. But, find it distracting when I have to jump all over for info. in the beginning. would like a straight forward step step of the whole process. Starting with selecting to implementing a trade online. Ok now lets tweak it. I am interested in the weekend trades, but need more info. not hype, facts.
Great information!! Already applied for the Trading Challenge!!
I want to join your trading challenge but the link gives an error message each time I click on it and I don’t know why. I have tried different browsers such as Google Chrome and UC Browser but the error message persists.
Awesome article, thanks Tim.
I’ve been self studying and trading for 2 years. This article provides excellent direction that i’ve been needing.
Cheers
Future challenge student
Merry Christmas and Happy New Years!! Waiting for you to learn
Great read. This really gives me some directiin.
Michael Rodak.
God! my mind is blowing up right now. am just loving this.