| Don't Be Left Behind. Do THIS Instead... - If you aren’t keeping an open mind, you’ll miss out on these…
- The secret to adapting to the market is to be…
- And how to look at the big picture...
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Dear Penny Stock Millionaire, They say that good things come to those who wait... and to those who adapt to this simple trick I’ll show you below. But have you ever waited for the perfect setup… then waited… and waited? Patience is important as a trader. But if you want to make the most of the opportunities that come your way, you’ve got to keep an open mind. The market won’t bend to your will. It will rarely (if ever) send you the exact play you’re looking for. Instead, you’ve got to listen to the market, keep an eye on things, and adjust your plans based on what you see. Recently, I’m noticing that some of my students are struggling with this… and I want to talk about why it’s SOimportant to keep an open mind as a trader. Are You Missing Out? As a teacher, one of my biggest goals is to help my students learn to think for themselves. This is super important, because to be able to adapt to the market, you have to be self-sufficient. But sometimes, traders get into a rut. They get too stuck in their methods and aren’t open to the natural evolution of the market. For instance, say that you’re looking at first green day setups. If you’re too caught up in looking for specifics, like stocks that fall into a specific price range, you could be missing all sorts of opportunities. Listen to the Market Trading isn’t like fast food. You can’t customize your burger or add fries. You’ve got to be open to the variations that the market is presenting. To be clear: I am NOT saying you should stop looking for perfect setups. However, you need to be open to the fact that like in life, trading opportunities are sometimes slightly different from how you might think they’ll be. So yes: look for your ideal setup. But at the same time, don’t ignore what the market is telling you. Recommended Link
The Biggest Transfer of Wealth in History? 
He’s the man who predicted the 2008 recession…
Recognized as the #1 personal finance expert in the world…
Author of Rich Dad Poor Dad with 41 million copies sold…
Now, he’s coming to you to reveal EXACTLY what’s going on under the nose of every American… an urgent warning to every single American…
The biggest transfer of wealth in U.S. history…
It’s a disturbing new movement set-off by a group of 12 unelected officials… “secretly” siphoning money from the poor and middle class to the wealthy.
Unfortunately, nobody will be able to stop this new movement…
Not Democrats. Not Republicans.
Not Congress…
Not even the president.
Unfortunately, 99% of Americans don’t understand what’s going on…
But today Robert Kiyosaki will blow the lid off the entire operation and help you take 5-steps to protect & grow your wealth during the coming weeks. | |
The Market Evolves … Can You Adapt? You can’t make the market do what you want. You also can’t count on a setup to continue working the same way forever. For example: lately, first green day stocks have been very hot. But this trend has been shape-shifting. Lately, there hasn’t been much action with higher-priced ($2, $3, $4, $5) first green day stocks. However, there HAS been plenty of action with lower-priced stocks. All the best recent first green day stocks lately for the past few weeks have all been very low priced — under $1.00 or even under 50 cents per share. If you’ve made the decision that you’re the type of trader who doesn’t trade stocks under $1 per share, this means that you’re missing out on some killer opportunities. Is Your Broker to Blame? If you have the wrong broker, even if they’re commission-free, you could be missing out on opportunities. Many brokers don’t let you trade low-priced stocks… and that means missed opportunities! Even if your broker is commission-free, if they don’t offer you access to the hottest plays right now, then you’re missing out. I’ve talked about it in the past: E-trade and Interactive Brokers are some of my personal favorites. I usually use E-trade for stocks under $1 per share, and Interactive Brokers for higher-priced ones, or stocks where I’m buying fewer shares. These are my favorites because they have the most availability with low-priced stocks. Choose your broker with care, because the wrong broker could be cutting into your trading opportunities. Get In Tune With the Market To stay relevant as a trader, you have to get in tune with the market and in tune with yourself. The more patterns you become familiar with, the more patterns you learn, the more you’ll be able to recognize them in the future. If you’re looking for a pattern that you want to see versus what’s actually there, you’re setting yourself up for failure. The market will tell you what’s hot and what’s not if you observe it. Are you listening? Here are some tips for getting and staying in tune: Follow the Rules It’s understandable if you get pissed off after a big loss. But can you learn from it? If not, then you’re setting yourself up for even morelosses in the future. I don’t know everything. I make mistakes as a trader. But I’ve also learned a lot of great lessons in my 20+ years of trading. And I know that if you break the rules over and over… you’ll probably lose more than you need to. Recommended Link
Outsmart Wall Street's Top Options Traders 
It's no secret that the market has provided endless opportunities to generate extremely profitable trades this past quarter.
Scott Bauer, a professional trader with 25+ years of experience has already been targeting numerous triple-digit wins like these this year alone... He’s actually put together a free guide that has 25 winning option strategies. | |
Look at the Big Picture You can’t just look at the short-term dollar gains and losses — especially as a newbie. Honestly, your focus shouldn’t be on money at all, but on learning. You should be trading with a small account at first so that losses are negligible. Yes, gains will be negligible too, at first. But you can scale up, and over time, that’s the safest way to grow your account. Learn the rules, obey the rules, and once the rules are a habit, then you can begin making money. Stay Focused, But Be Flexible Focus on what you’re good at… and what the market is trying to tell you. It’s a balance. Do not just focus on what you’re good at if the market is telling you something different. One of my followers put it this way “As you get better understanding the setups and patterns that work best for you, you’ll learn to know which tickers are going to bring you the best odds and profits. I know what setups bring me the most money therefore they are the priority. If you don’t know this about your trading yet I suggest you look to see where your biggest winners are from and start tracking that setup and see if its repeatable.” Have a Repertoire All told, I might have less than a dozen go-to patterns and key setups that I rotate through when the markets are working. For example… Right now the pattern that’s working the best for me is first green days on low-priced stocks. Sometimes it’s overnight, but sometimes not. Sometimes it involves holding ‘til the last hour of the first green day and selling into the close. The Bottom Line If you want to stay relevant as a trader, you’ve got to keep an open mind. This means you have to: - Adapt to the market.
- NOT be narrow-minded.
- Test and try to find what works for you.
- Look at what’s working in the market.
No, it’s not an exact science. You’ll have to experiment a lot and keep learning from your successes and failures. That’s the process of trading! But if you stick with it, and you commit yourself to learning you can go far. Enjoy your weekend, Tim Sykes
Editor, Penny Stock Millionaires P.S. You’re about to hear from two of the smartest financial minds on the planet. One man is America’s #1 personal finance author… The other is a former advisor to the Pentagon and the CIA… They both predicted the great recession in 2008… And now they’re coming together to issue a new urgent prediction… Something they call “The Great American Reset of 2020.” According to them, it will change America forever… And wipe out millions of unprepared citizens. Click here for all the details and the 5 steps they recommend you take now. | 
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