Key:Remember, the lower pricd stocks (less than $10) and low float need a catalyst to get moving; earnings, contract winner, investor buying, etc. These penny stocks can have short life spans of 10 minutes or a few hours and that's it. Some can run longer and do trend but those are different plays. I am adding a new page of these trending stocks to my website soon along with...

a reformatted TOS scanning page so everything is on one page. www.thepennystockquest.com Study stocks that had catalysts, the float, the volume, and the chart. There is nothing wrong with reading those books...

but know that those can be longer term trades and I'm not sure how many of those focus on stocks that are .05 or .33 cents a share. Higher priced stocks can have better momentum patterns so it's also a matter of what time-frame you want or can trade from. Best of luck.

Thanks for the input Palmer. I think I will be more of a swing trader in the future holding stocks for a couple days to months but to keep my head in the game during the day and stay interested I will day trade a bit too when the right situations present themselves!

Thank you for these insights. To stay patient is also a good advice. Get comfortable with the strategies and pick just 1 or 2 setups and stick to them first. Learn them in and out in order to gain consistent profit with those setups. After that start off with paper trading. I know we all want to make much money as fast as possible but to be consistent is crucial to your success.

Also I intend to learn from just one guru/mentor. Often they have a different style of trading and sometimes their view interfere with each other. So, pick one mentor first, get comfortable with one or two setups and once you've mastered those setups you can open up your mind and see what else is out there too

thanks for your thought.. slow and steady wins the race