Penny Stock Psychic is an affordable penny stock alert system (only $7) to let you know when to buy and when to sell select stocks. It’s no secret, the wealthiest investors made their money investing in stocks that were affordable (less than $5) and sold them on their way up. After reading this, I am sure you will be convinced that this is going to be $7 well spent.
Steve Parker, the man behind Penny Stocks Psychic will email you weekly updates on the stocks to buy and hold similar to any other stock alert system. This one is more useful than the traditional because it is affordable (most are several hundred dollars) and it deals with stocks you can afford to buy in large volumes; penny stocks. This allows you to take full advantage of the program.
Parker shows you stocks that are trading at literally a penny or less a share. This is allows just about anyone the opportunity to invest in thousands of shares and take advantage of a large payday when shares go up just a fraction of a cent. As he says on his website you can invest $200 or less instead of buying one share for $74 a share.
This penny stock picking service is worth it because it eliminates a lot of your emotion in trading. Many of us buy stocks because we like the company or are interested in the product or service they provide. In most cases this can be a disastrous way to invest. It is even worse with penny stocks. Steve Parker cuts out all the emotion and trades specifically on making money.
Another awesome benefit of this service is the amount of time it saves you. Most days I am way too tired or busy to study charts and patterns. I have a family to be with and passions to pursue. I’ll let this stock picking service do all that work for me.
Like any other investor, Steve Parker is not perfect. The markets are unpredictable. Don’t expect every trade to work out perfectly. But don’t be afraid to follow the trades. This program gives you some excellent step-by-step instructions for making the best use of the reports and suggestions for how much or how little to buy of a particular stock.
If you are not familiar with penny stocks you will also need to take a deep breath. Parker makes recommendations on stocks that literally trade for a penny and oftentimes less. Some of these companies stocks are questionable and some might be scams. This is day trading. Get in and out. These are not long term investments.
The webpage is a pain in the butt to click out of. But if you exit it and go through several last attempts to get your attention the trial offer is dropped to less than $5. I wish I would have seen that initially.
Honestly, I don’t know how Penny Stocks Psychic makes any money. Your $7 one time cost is currently a lifetime subscription to the email service. Not only that but he has a 60 money back guarantee. I’m not that stingy with my $7 but I like the feeling of trust.
Want to know a secret? Many of us experienced traders started by using pen and paper or in the 21st century we can use a free tool that will let us track stocks with virtual money. We do all of the trades without the risk of real money. This is exactly what Parker recommends for those who sign up for his site. Watch the first few weeks and record the trades. Watch what went up and down and get a feel for the investing style. Then pull out your real money.
Even if you do not trade penny stocks this would be a great affordable way to learn how day trading in penny stocks works using this affordable stock trading newsletter.
Click Here to sign up for Penny Stock Psychic!
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What Makes Penny Stocks Such a Dangerous Investment? | Youthful InvestorMarch 17, 2013 at 3:15 pm
[...] Penny stocks are a very dangerous investment. They are best avoided at all costs. If you must invest in them, do so responsibly. Use money that you can afford to lose and would have spent on something as vital as lottery tickets. If you decide to entertain the thrill of day trading penny stocks, consider a service like MidasLetter or Penny Stock Psychic. [...]