Hello, I am new to this ball park and know nothing about pennystocks as of yet. I have been following Tim Sykes on facebook and youtube for months now and will be buying his silver membership first thing in the morning, I'm beyond excited to be jumping in and embarking on a new learning experience. I was wondering if I could get some input on different people's experiences with learning pennystocks, like; how many months did you study before you felt confident enough for your first trade? Did you have any areas understanding lessons or videos? What has been your best trade so far, your worst? Any helpful hints in studying or trading? Any input will be greatly appreciated.
Thanks :)
I dont study during market hours. My routine. Wake up. log on to TOS and E-Trade. Study my watchlist, and see what applies to today. Look at Tim's list. See what applies as well. Use my volume scan, or Michael Goodes % Gainers, to find what moving in the morning. Sort by Over all chart patterns I like, than by catalyst, then by lowest float. Usually narrows the morning down to just a few. The rest of the overwhelming parts come from not having enough study time to fully understand what patterns
you like, and the rest comes from experince and messing up
Are you a trading challenge student? Where do you get a volume scan from and where do you find Goode's % gainers? What part of the world do you trade from, I'm in Texas.
@spursley Hey! I'm a newbie too I paid my tuition about three weeks ago, and at the moment I'm reading and watching all the content provided in the millionaire student challenge. I noticed you're in Texas, and I was just wondering if you guys are aware of like a study group here in Texas?
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