With Day Trading Penny Stocks, we will teach you how to watch key numbers and discern key patterns, and how to keep your cool and discipline as you work through the ebb and flow of successful day trading.
We will not tell you specific picks.
In fact, you must learn an important lesson right now: you should be VERY skeptical of any website which provides free picks. Smart picks are money, and the truly worthwhile smart picks will only be found in professional journals and newsletters. If you find some site freely listing the “best penny stocks” or some such nonsense, they’re probably just trying to scam you.
If you’re at all interested in Buying Penny Stocks, then you need to prepare to spend a little money up front. I’ll tell you right now, anyone who expects (or dreams) otherwise is doomed to fail.
I don’t mean to sound harsh…
But let’s not be naive about this. It is a competitive industry and the people that really make it work aren’t just giving their picks away for free.
I suggest joining a day trading penny stocks newsletter, and initially watching the picks without picking. Study the practice of buying penny stocks and monitor the picks suggested by the newsletter for a few weeks before you act on them yourself.
Even the best, most reputable newsletters won’t score with every pick. You need to watch them and do your best to understand why those penny stocks were picked and why they succeeded or failed.
My favorite day trading penny stocks newsletter is Michael Cohen’s legendary Doubling Stocks newsletter. It’s a newsletter that’s been running for decades — previously run by Mr. Cohen’s father — and it still provides tons of sharp picks with some fascinating market analysis.
In recent months Mr. Cohen seems to have shifted towards heavier use of a sophisticated software application (dubbed “Marl the Stock Robot”) to help him make his picks, but the success of those picks hasn’t changed.
In fact, as a subscriber to the newsletter, you have the opportunity to buy the application from Mr. Cohen for your own use.
The Doubling Stocks Newsletter only charges a one-time fee for a lifetime membership, and if at any point during the first 60 days (eight full weeks), you decide it just isn’t for you, it’s easy to get a full refund.
Even if you’re just curious about day trading, I urge you to subscribe for at least a few weeks so you can see the picks and see the analysis that goes into them before you give it a go yourself. It is invaluable experience and it is this patient study which will separate those who succeed from those who will quit in frustration.
Mr. Cohen closes membership for extended periods of time. So if you visit the site and there are still spots left, I suggest you count your blessings and grab a spot while you can.
So stop procrastinating and get in the game: