Have you heard the old expression: "Work Smarter, Not Harder" choice It is more relevant to trade penny stocks (and stock trading at all) than anything else I've ever done. I used to read all about penny stocks that I could get my hands on ... books, articles, e-mail newsletters, e-courses, blogs, free penny stock picks, financial information, etc .. you name it, I read it ... In fact, I spent many hours each week reading, studying what I have read, and references .... and it was after years of studying the stock market as a whole. It was quite education, but you want to know how much I actually made trading penny stocks from all this intensive effort? About a thousand bucks a whole .... And I considered myself lucky, because most of my friends who were trying to trade penny stocks choice was much worse ... they lost money ... some of them even lost their entire investment (although it took them, but admit this to me). I was essentially given up on the idea of making money with penny stocks when something made me focus on them again with a new goal and motivation. I support the non-profit was about to lose one of their main sources of reliable funding and it was going to affect a lot of people, including children. Several of us went to work on the idea of how we could quickly raise more money. At this time, I can not explain exactly how it happened, but my mind is "cleared", and I suddenly had the opportunity to filter out all the "excess" material that was cluttering up my mind and prevent me from seeing what now seems obvious thing to do. It is now 20/20, as they say. To call a "free" materials did me no good at all. From these sources, the information was contradictory, full of scams, and so full of hyperbole, it was dozens choice of hours to sift through it all looking for that less than 1% of the information that was actually worth - and this "valuable" choice information yet wasn 't that valuable - not enough to really help me earn good money with penny stocks. In my search to find a quick source of funding for non-profit, I started thinking about how I would personally raise at least part of the money. Trading Penny Stocks came to mind - I had to create enough contact to know that some people really make incredible money trading them, and I knew that they money fast. They also seem to be able to do on a consistent basis. I just had to figure out how they did it. What I realized was that there were some people who were extremely gifted has been researching penny stocks. I also realized that studying Penny stocks had more than the usual set of skills necessary to analyze the other stocks. These extraordinary people to do the normal analysis, but they also had more than that. They were, as the investigative choice reporter to track information that is not in the public eye, and then piecing it all together. I also realized that these special people, choice some offer stock pick service that focuses on penny stocks, where you can actually buy a penny stock picks from them and they will send them to you via e-mail. They focus on penny stocks, because if you find the top 1-3%, and you can figure out exactly when to buy them, they are significantly more profitable than any other stocks - usually they are growth companies that are about to explode or more companies that have gone through some bad times but on the rebound. Now there are many stock pick services out there, but the real key to success is finding the right service, so I always "paper trade" is a new service from any of the picks I'm trying for a long time. I want to know that their picks are consistently good, not just good for one week and then ill for several months. I also want to get a sense of how well. When I find the source of picks, which is consistently good and the high scale in terms of profitability, I will always remain faithful to the source, instead of trying to spread their investments too thinly among mediocre stock pick sources. Of course, if you have the right source of picks to make money with penny stocks choice is very easy endeavor, and it does not take a lot of time every week - and what little choice time, so it is a pleasure when you're making really choice good money. I sometimes still spend a significant block of time to research, but I no longer have to waste time that I once was spinning choice my wheels choice with "free" information that is not me a lot of money ... And it is quite common for me to choose from one trade of my reliable sources, and the course of a few days to a few weeks to make several thousand dollars on this one trade. So once again, I bring up this old expression, "work smarter, not harder."
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