Tuesday, March 19, 2024

How I lost $65k trading like a rookie

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Dear Reader,

I started trading at the bottom of the tech bubble burst in 2003.

With $15k cobbled together from my boring accounting job... I began trading stocks on the side.

Within a year... I had turned $15k into $50k. I thought I was king.

Quit my job, ditched the CPA designation and plunged into trading.

By 2007, I was DOWN -$15k! (remember, no job).

Why?

Because of this simple pattern: Diagram: Stage 3 uncertainty

I got lucky buying at the bottom... rode market up... but instead of selling and waiting for the next bottom (or adjusting my strategy)... I kept buying into the Great Recession.

Got smoked.

However...

As much as I acted like a rookie doing that... ironically, this very pattern is what I use DAILY to swing trade stocks under $10.

Diagram showing pattern - stages 1 through 4
Use this pattern to trade $10 stocks… see how I do it all here (free information)


Stocks $10 and under move fast… so if you can buy as a stock goes into Stage 2… you can make some good money.

Since 2017, I’ve recommended over 1,430 trades on stocks under $10…

And anyone following my picks perfectly would’ve made over $174,345 with a modest account.

I’m using this pattern again and again to spot fast moves coming in $10 stocks.

And right now, I see at least 3-5 opportunities brewing.

It may already be too late by the time you open this email… but go here and see what I’m trading now for stocks under $10.

(I just recommended CLSK… it popped 66% in 2 days!)

Sami Abusaad
Editor of $10 Swing Trader
Sami Abusaad, Editor of $10 Swing Trader

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