Penny Stock Trading for Beginners: Where to Start?

This page is the absolute most important page on our site! Everything on this site builds from here. If you don’t get this part right

Nothing on these pages will mean anything to you until YOU know this and live this part.

First Things First

WHAT EXACTLY ARE YOU TRYING TO ACCOMPLISH WITH YOUR INVESTMENT DOLLARS ?
DO YOU HAVE A PLAN ?
WHAT EXACTLY IS THAT PLAN ?
Are YOU an Investor?
Are YOU a Trader?
Long Only?
Short Only?
Combination?

These are all questions YOU have to ask yourself. YOU have to DEFINE WHO YOU ARE before YOU can develop a plan. That said,

If You’re LONG Only: Then in times of downtrends in the market be prepared for some not so fun times. It can be no other way with this, if you can accept that then fine.

If You’re SHORT Only: Then in times of up trends in the market be prepared for some not so fun times. Here too it can be no other way with this, If you can accept that then fine.

Isn’t The Trick really to get to a point where it doesn’t matter?

Isn’t the trick to get yourself to the point where your plan
encompasses both sides of the coin?  

Isn’t the trick to get to the point where you don’t have to ask:

  • Is The Market Going Higher?
  • Is the Market Going Lower?

You get to that point when your answer is always the same:

  • Don’t Know, Don’t Care, I trade what I see, not what I think fear or hear?

When you get to that point you are planning your trades and trading your plan according to your parameters defined by.

WHO YOU CHOOSE TO BE  

The Way you Plan your trades and trade your plan defines you.