2. Because Forex is so liquid and leveraged, those who succeed are the smartest, richest and most well informed people on the planet, aka George Soros and his friends. You simply do not have the intelligence, wealth or access to quality information and analysis that they do so why try to compete against them? As evidenced by the recent fraud case against SpongeTech and PennyStockChaser, those promoters and management have the intelligence level of Forrest Gump. I can make a thousand analogies explaining why it’s SO much easier to trade against these morons, but after you try out my free video lessons and begin to see it all yourself, you won’t need me to teach you anymore, you’ll be self-sufficient which is my entire goal!

3. Forex prices move very quickly and the reaction to breaking news happens within seconds and minutes. Because penny stock manipulation takes time to plan and enact and the people trading the stocks are practically illiterate, it takes hours and days for price to fulfill their predictable patterns giving you plenty of time to prepare and participate in each trade. The best analogy is penny stocks are like Little League whereas Forex is the Major Leagues. When you’re coming up to bat would you like a 100mph fastball or a floater thrown by a nine-year old?

4. Penny stocks are simpler. While forex prices gyrate wildly due to rumors, news and those anticipating the rumors and news, volatile penny stock chart patterns are truly straight up and then straight down with very little variation. That is the beauty of trading pump and dumps, the chart patterns are like pendulums and you just need to learn how to buy on the way up and short sell on the way down. Or choose one side and specialize in that.

5. Penny stocks have greater odds of success. Sure, sure, it’s far less money and you don’t get the gambling thrill you do with Forex since down here in the gutter it’s more like taking candy from babies (or those who are have the intelligence of babies), but we are winning approximately 75% of the time.

I’ve put together an in-depth (and free) video lesson series that will teach you everything I know about Pennystocks. Rather than just hearing me talk about my strategy and my thoughts, signup to my free video lesson series so you can learn from the specific trades and patterns themselves.

Tim Sykes
Click here to learn more!

As I wrote a few weeks ago, the failed Trader Monthly magazine editor-in-thief, as several ex-employees refer to him, Randall Lane, has been writing his memoirs these past few months, exploring all the angles of what it’s like to bankrupt not just one but two magazines and deserve the absolute hatred of just about every person I talk to in the financial publishing world.

The guy owes money to nearly half a dozen financial writers and is the subject of one of my most popular blog posts ever.

But as an editor-in-thief who won’t stay down, he’s turned to his latest writing gig at The Daily Beast (along with reviewing NYC’s top restaurants???), he’s resorted to implicating Jim Cramer and his prodigal son Lenny Dykstra in a nasty penny stock promotion scandal in the article below.

Shady Randall Lane claims shady Jim Cramer employee Lenny Dykstra took “$250,000 worth of secretly issued stock—in exchange for recommending that stock to TheStreet.com subscribers” which makes Jim Cramer shady for recommending shady Lenny Dykstra as anything other than a thug (I’ve written about Dykstra too)

Students of my video lessons know this kind of corruption goes on all the time and the beautiful thing is that its predictable enough to be consistently profitable for those who learn to identify it. As Jim Cramer’s ratings and TheStreet.com’s ratings prove, nobody expected much from them anyway, but this is a great example of why I’ll probably NEVER have anyone else writing on my site–it’s just too easy to take a big wad of cash from some junky penny stock and pass it off as a real pick…scandalous but true.

I WILL NEVER TAKE A DIME OR SHARE FROM ANY PENNY STOCK OR THEIR SHAREHOLDERS, MY STRATEGY AND MY PICKS ARE PURE AND REAL.

It’s early in this case as Randall Lane’s word is about as solid as his financial publishing reputation (absolute shit), so read the article below and let’s see how this thing plays out…Cramer has made a ton of enemies over the years so I wouldn’t be surprised to see them pounce on this and make it bigger than it probably is:

Oh and please do try to ignore the passages that require further editing such as:

“I was running a company I had co-founded: Doubledown Media…” should read “I was running a company into the ground…”

Stay on top of this stuff like I do!

Tim Sykes

Free Video Lessons

2) Develop a good strategy. Have all your rules set in writing so you don’t even have to think about whether or not to take the trade when you see an opportunity.

3) Find a good broker. Use a broker that’s always available, has good fill times, and it well respected in the industry. Talk to friends and read reviews online to find the best one for you.

4) Only use money you can afford to lose. Remember that you’re not always going to win, in fact, especially when you’re starting out, you’ll probably lose a lot, so only trade with what you can afford to lose. This will also help you make better, rational decisions.

I mean let’s be honest here no one is perfect and even though as people we like to strive for perfection in an attempt to keep our fragile egos intact even the best of us fail. You just have to accept the fact that in this business you are going to be wrong sometimes.

Let’s look at baseball. The best hitters in the game have batting averages of around .300. Do you know what that means? That means that they only get on base 30% of the time that means that they fail 70% of the time. And I don’t know but the last time I checked Derek Jeter wasn’t sitting somewhere beating himself up every time he strikes out.

Now I know what you’re probably going to say” but that’s baseball everyone knows you’re not going to get on base the majority of time” And that is my point exactly. You see baseball players have accepted the fact that they aren’t going to hit a homerun or even get on base every time the step up to the plate. They know that sometimes things just don’t go your way and that it would ridiculous for them to expect to be perfect. They have accepted failure as part of the game.

They can do this because they know that they will have another chance and they have removed all unreasonable expectations from themselves. This frees them up to just concentrate on just hitting the ball.

Imagine what the great Hank Aaron’s career batting average would look like if every time he was at bat he kept thinking about the last time he struck out. It would be horrible.

So when you take a loss just accept it as a normal part of doing business and keep it moving. Don’t ever bring the emotional baggage of a previous loss with you on the next trade because I guarantee you it only going to lead to another loss. And before you know it you’ll be sitting in front of your computer looking at an empty trading account. And trust me that’s not a good feeling.

If you would like to learn about more patterns like these and how you can discover how you can learn the secrets to trading for a living then visit BeatWallStreetNow.com.

Recently the stock went from $0.01 up to $0.27 in a couple of days, almost tripling in price.

And now BLAP is consolidating which could lead to another run to the upside:

BLAP had a huge volume on the recent rally which shows accumulation. Then the stock dropped in lower volume and it’s currently trading near an important support.

In case BLAP resumes its uptrend, it can reach $0.025 fast. That’s a 56% profit compared with today’s price.

As you can see on the chart, BLAP has several spikes, which give us the opportunity to grab fast profits. So, in case you buy stocks around the current levels, you can use $0.025 as a short term target and $0.04 as a long term target.

While there’s always risk in any stock (especially on a penny stock) BLAP offers us some nice opportunities as well. So, if you’re a risk taker, keep an eye on BLAP.

To get more free stock picks, just go to Top Trading Picks and sign up our newsletter… We pick the best stocks, and send them to you by email, 100% free… Sign up now!

Recently TRMA broke an important downtrend line, and the best thing is that this breakout occurred in great volume:

Now the downtrend is theoretically over, so TRMA can now start a long term uptrend which would send its share prices much higher:

On the short/medium term TRMA can reach $5. That would represent a 52% compared with today’s price.

On the long term TRMA can reach $7, which would represent a 113% profit for those that buy the stock at the current prices and hold them for the long term.

To get more free stock picks, just go to Top Trading Picks and sign up our newsletter… We pick the best stocks, and send them to you by email, 100% free… Sign up now!

Recently PURE saw its shares rocket after it said the U.S. Environmental Protection Agency had cleared its new silver-based disinfectant for use in a variety of food-handling settings. The product, which is considered virtually non-toxic to humans, will be marketed as a sanitizer for food preparation surfaces under the name IV-7 Ultimate Germ Defense for Food Contact Surfaces.

This can be just the beginning of a monster rally for PURE. The weekly chart, displayed below, shows a monster movement with great volume. currently the stock is consolidating in small volume, which is a positive signal that we’re only in a profit taking phase, not a trend reversal.

By looking into the all time data you get the impression of how high PURE can get soon…

PURE can easily reach $6 on the short/medium term. That means the stock can easily double from the current prices.

Due to the recent news and developments, PURE has a powerful bullish chart, so I believe the company is headed for much higher levels soon.

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GAIA already moved up to $9.50 for a nice 16.5% gain, as you can check on the following chart:

PSOF was able to climb up to $7.50 for a nice 25% short term profit.

PSOF still has a lot of room to grow. I maintain the short term $8 target and on the long term, PSOF can reach at least $11-$12.

Stay tuned for more opportunities soon…

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This one is a high risk – high reward opportunity! ACRI can move fast. In less than 1 month the stock went from $0.02 up to $0.09. That’s volatility!

The stock is currently in a consolidation phase that offers a decent entry point for those who never heard about it.

On the short term, I believe ACRI will retest the $0.08-$0.09 resistance, which means the stock can move 65% pretty soon.

This is a risky opportunity, so in case you play with it make sure you only trade with a small part of your portfolio.

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Recently the company had a nice rally and jumped from $0.80 up to $1.49 in a matter of days.

The good news is that TELK might be ready for another run up:

The impressive rally in TELK was made with great volume which shows a real interest on the stock.

After reaching the $1.49, the stock started to retrace until $1, which is now a major support area. This retracement was made with small volume which is also a positive signal.

Right now at $1.11, TELK is a great buying opportunity. The short term target is at $1.40 (26% profit).

The stop loss is just below the $1 area so we’re risking less than 11% in this trade.

On the long term TELK can get much higher. The recent rally can be just the 1st step into a rally that can take TELK to at least $2 on the medium-long term.

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