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Look Inside The Book

Table of Contents

Introduction

Chapter 1 Excerpt



Introduction

Warning: Do not dive into day trading penny stocks without a thorough comprehension of this eBook.

How it all began:

For as long as I could remember, my family was never financially secure. Simply put, we were poor and I hated it.

I was determined never to live like that when I got older so I started to educate myself on how to make money. I’ve heard of people making money by investing in the stock market so I buckled down and hit the books.

Blue chip, Warren Buffet, CANSLIM, holding, averaging down, compounding, these were terms that I soaked up like a sponge at the public library. Then, I realized something that made my stomach sink.

Little did I realize that long term investing in the stock market on average, only returns 10% A YEAR.

For example, if you do tedious research on choosing the right company to invest in by looking at their balance sheet, industry, competition, fundamentals, cash flow, EBITDA, technical analysis, etc, and invest $1,000 in it, you’ll get $1,100 after 1 year. And that’s not even a guarantee. All that hard work for a measly 10% a year.

That’s WAY TOO SLOW for me. I needed something that’ll return profits faster.

About this same time, I also started a journey of personal and financial development.

Along this journey, I read a number of books such as Psycho Cybernetics and Rich Dad Poor Dad that involved the power of beliefs and ways to obtain financial freedom.

I read in Rich Dad Poor Dad that you’ve got to make money work FOR YOU.

Many people reverse this statement. They work FOR MONEY. To them THEY ARE A SLAVE TO MONEY. NO NO NO.

MONEY IS A SLAVE TO YOU.

Let me repeat that because it is the underlying thought of all financial success.

MONEY IS A SLAVE TO YOU.

That is a very powerful belief. It changes your whole outlook on finance.

Kiyosaki’s main thesis in Rich Dad Poor Dad was to use your money to buy assets, meaning invest your money into vehicles that will give you a nice return.

So I asked myself, what can I buy, with relatively little work that will give me substantial profits fast? It sounded like a question without an answer.

That’s where the personal development came in. I read in David Schwartz’s The Magic of Thinking Big that if you firmly believe something, the how to part will take care of itself. I firmly believed that there was a way to use my money to buy assets that will give me substantial returns fast. I waited for the how to part to take care of itself.

And so I waited. And waited. And waited, till the answer finally came.

The answer.

Day trading penny stocks.

Example A

Stock ABCD increases from $10.00 per share to $10.05 per share. A 5 cent increase, a 0.05% increase.

Example B

Stock BCDE increases from $0.05 to $0.10. The same 5 cent increase, BUT a 100% increase.

If you invested $500 in stock BCDE, you would’ve got $1,000 – the cost of commissions.

That’s making your money work FOR YOU right there.

Now I know most of you are saying day trading=losing all your money.

See, that’s the power of beliefs.

The prevailing belief is that day trading is risky, you’ll lose all your money.

Because people believe that, their eyes are shut off to the possibilities of making money by day trading. They have tunnel vision. Their belief dictated that. As a result of that belief, they don’t bother taking the time to educate themselves on day trading penny stocks.

That’s ONE BELIEF.

There is ANOTHER belief that is EQUALLY POWERFUL IN TRUTH.

YOU COULD MAKE A TON OF MONEY BY DAY TRADING PENNY STOCKS and you know what… PEOPLE DO.

So I simply transformed my belief.

THERE IS MONEY TO BE MADE IN DAY TRADING PENNY STOCKS. BIG MONEY.

The next question I asked myself was HOW CAN I DO IT?

I asked myself consistently, “How can I identify WHICH stocks will rise in value and how can I lock in those profits?”

I asked myself that question on a daily basis for years and discovered the very knowledge that leads to profiting from day trading penny stocks. That is what this book will entail.

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The information in this eBook refers to a specific niche. It’s not general information. It is specialized knowledge that is derived from experience and pain, some of the greatest teachers known to man.

It’s a step by step guide that will show you the entire process of profiting from day trading penny stocks from start to finish.