The Complete Penny Stock Course
Penny Stock Conspiracy lays out Tim Sykes' niche strategy, both on the long and short side. This course aims to teach you how to become a consistently profitable trader, by taking Tim's profit-making strategies with penny stocks and presenting them in a well-structured learning format. Readers will get familiar with the concepts of market and trading psychology, along with the basics of day trading, managing risk, and the tools that will help you become profitable. Along the way, you'll learn strategies and techniques to become consistent in your gains and develop your own trading techniques. Through The Complete Penny Stock Course, you can beat the 90 percent of traders who lose money in the stock market.
What's inside The Complete Penny Stock Course:
Managing expectations and understanding the market
Understanding the psychology of trading and how it affects you
Learning the basic of day trading
Learning the mechanics of trading penny stocks
Risk management and how to take safe positions
How to trade through advanced techniques
Developing your own profitable trading strategy
Real-world examples and case studies
Table of Contents
Introduction
Preface
Acknowledgments
Who am I and Why Should You Read This Stuff?
Section I - Getting Started with Penny Stocks
Chapter I.1 – Why You Need This Course
Chapter I.2 – How to Read This Course and Suggested Schedule
Chapter I.3 – STOP NOW!
Chapter I.4 – Personal and Financial Requirements
Chapter I.5 – The Psychology of the Penny Stock Trader
Chapter I.6 – Your Journal
Chapter I.7 – Brokers and fees
Chapter I.8 – Tools of the Trade
Chapter I.9 – StocksToTrade, the Ultimate Trading Tool
Chapter I.10 – The Market’s Collective Will
Section II - Trading Penny Stocks
Chapter II.1 – Definitions
Chapter II.2 – Listed Stocks, The Markets
Chapter II.3 – Stock Information, Placing Orders and Making Trades
Chapter II.4 – Risk Management Strategies
Chapter II.5 – Technical Analysis and Price Action
Chapter II.6 – Learning the Chart Patterns
Chapter II.7 – Understanding Catalysts
Chapter II.8 – Understanding Pump & Dumps
Chapter II.9 – Building a Watchlist and Doing Research
Chapter II.10 – Entries and Exits
Chapter II.11 – Sykes Sliding Scale – SSS
Section III - Advanced Concepts
Chapter III.1 – Short Selling
Chapter III.2 – Understanding Level 2
Chapter III.3 – Over-The-Counter (OTC)
Chapter III.4 – SEC Filings
Chapter III.5 – Position Boxing
Chapter III.6 – Pyramiding Positions
Chapter III.7 – Trading the Spread
Chapter III.8 – Finding a Niche and Developing your Strategy
Section IV - Sample Pennystocking Strategies
Chapter IV.1 – Buy Earnings & Contract Winners
Chapter IV.2 – Buy Dips
Chapter IV.3 – Short Overextended Stocks
Chapter IV.4 – Short Bounces
Chapter IV.5 – Buy Pump & Dumps
Chapter IV.6 – Short Pump & Dumps
Chapter IV.7 – Timothy Sykes’s 7-Step Pennystocking Framework
Table of Figures
Appendix I: Answers to Questions & Exercises
Bibliography