Complete Penny Stock Course, The

Foreword
Foreword
Introduction
Preface
Acknowledgements
Who am I and why should you read this stuff?
Legal Disclaimer
Section I - Getting Started with Penny Stocks
Chapter 1.1 - Why You Need This Course
The Million-Dollar Question
What To Expect from this Course
This Course Will Not…
Chapter 1.2 - How to Read This Course and Suggested Schedule
How to Read This Course
Suggested Course Schedule
Chapter 1.3 - STOP NOW!
Chapter 1.4 - Personal and Financial Requirements
Personal Requirements
Financial Requirements
Chapter 1.5 - The Psychology of the Penny Stock Trader
Overview
Goals
The Psychology of the Penny Stock Trader
Trading with 3 Accounts
Summary
Homework
Chapter 1.6 - Your Journal
Overview
Goals
How to Keep a Trading Journal
Summary
Questions
Homework
Chapter 1.7 - Brokers and fees
Overview
Goals
Brokers and Fees
Data Subscriptions
Summary
Chapter 1.8 - Tools of the Trade
Overview
Goals
Web applications
Software
Chapter 1.9 - StocksToTrade, the Ultimate Trading Tool
Overview
Goals
About StocksToTrade
Lessons from the STT Development Team
How Does STT Work?
Summary
Chapter 1.10 - The Market’s Collective Will
Overview
Goals
Start with This Understanding…
What Is the “Collective Will of the Market”?
Section II - Trading Penny Stocks
Chapter 2.1 - Definitions
Overview
Goals
Penny Stock Trading Definitions
Chapter 2.2 - Listed Stocks, The Markets
Overview
Goals
NASDAQ
NYSE & AMEX
OTCBB
Summary
Chapter 2.3 - Stock Information, Placing Orders and Making Trades
Overview
Goals
Requirements for Ideal Penny Stock Plays
Obtaining and Understanding Stock Information
Reading the chart
Types of orders
Placing an order
Profit and Loss
Dealing with the Pattern Day Trader Rule
Summary
Questions
Homework
Chapter 2.4 - Risk Management Strategies
Overview
Goals
Choosing a Risk Management Strategy
What Is the Purpose of a RMS?
Simple Risk and Reward Ratio – The R³ RMS
Managing Risk Like a Turtle–The Ninja Turtle (NT) RMS
Summary
Questions
Exercises
Homework
Chapter 2.5 - Technical Analysis and Price Action
Overview
Goals
What is Technical Analysis?
Volatility and Liquidity
Trend Lines
Momentum
Sideways Price Action
Reversal
Dips and Bounces
Summary
Questions
Exercises
Homework
Chapter 2.6 - Learning the Chart Patterns
Overview
Goals
What is a Chart Pattern?
Pennystocking Chart patterns
Summary
Questions
Homework
Chapter 2.7 - Understanding Catalysts
Overview
Goals
What is a Catalyst?
Earnings Winner
Contract Winner
The News
Hype, Speculation and Anticipation
Billionaire Plays
Biotechs
Summary
Questions
Homework
Chapter 2.8 - Understanding Pump & Dumps
Overview
Goals
What is a Pump & Dump?
Promoters
Mailing Lists
Price Action, Volume and Patterns
How to Profit from Pump & Dumps
Beware
Summary
Questions
Homework
Chapter 2.9 - Building a Watchlist and Doing Research
Overview
Goals
Getting started
Finding Stocks
Doing In-depth Research
Rating and Categorizing Your Picks
Documenting Your Choices
Creating a Daily Watchlist
Summary
Questions
Homework
Chapter 2.10 - Entries and Exits
Overview
Goals
Introduction
Preparing Your Orders Before Trading
Entry Strategies
Exiting Strategies
Conclusion
Summary
Questions
Homework
Chapter 2.11 - Sykes Sliding Scale - SSS
Overview
Goals
Introduction
P.R.E.P.A.R.E. and the sliding scale
The Sliding Scale
Putting It All Together
Practical Approach
Summary
Questions
Homework
Section III - Advanced Concepts
Chapter 3.1 - Short Selling
Overview
Goals
What is Short Selling?
The Continual Hunt for Shares to Short
Entering a Position: Short Selling
Exiting a Position: Buying to Cover
The Dangers of Short Selling
What is a Short Sell Restriction?
The $2.50 Rule
The Cost of Short Selling
Summary
Questions
Homework
Chapter 3.2 - Understanding Level 2
Overview
Goals
What is Level 2?
Definitions
Level 2 Indicators
Conclusion
Summary
Questions
Homework
Chapter 3.3 - Over-The-Counter (OTC)
Overview
Goals
What is OTC?
The Behavior of OTC Stocks
Trading OTC Stocks
The Dangers of Trading OTC
Summary
Questions
Chapter 3.4 - SEC Filings
Overview
Goals
Introduction
What is an SEC filing?
Where to Find SEC Filings?
Types of SEC filings
Combing through the Data
Using the Data to Make Trade Decisions
Summary
Questions
Homework
Chapter 3.5 - Position Boxing
Overview
Goals
Short Selling and the Hunt for Shares
A Tale of Two Brokers
Boxing the Position
The Dangers of Position Boxing
Summary
Questions
Homework
Chapter 3.6 - Pyramiding Positions
Overview
Goals
Introduction
Warning
The Numbers
Pyramid Limits
Adding to Your Position
Fictional Case Study
Summary
Homework
Chapter 3.7 - Trading the Spread
Overview
Goals
Introduction
Understanding the Spread
Finding Interesting Stocks
Trading the Spread
Dangers of Trading the Spread
Summary
Chapter 3.8 - Finding a Niche and Developing your Strategy
Overview
Introduction
Where to Start?
Never Stop Learning
Find your Niche
Experiment & Track Your Results
Develop Your Trading Strategy
Conclusion
Recommended Learning Material and Newsletters
Summary
Section IV - Sample Pennystocking Strategies
Chapter 4.1 - Buy Earnings & Contract Winners
Introduction
What to look for
How It Works
Case Study
Chapter 4.2 - Buy Dips
Introduction
What to Look For
How It Works
Case Study
Chapter 4.3 - Short Overextended Stocks
Introduction
What to Look For
How It Works
Case Study
Chapter 4.4 - Short Bounces
Introduction
What to Look For
How It Works
Case Study
Chapter 4.5 - Buy Pump & Dumps
Introduction
What to Look For
How It Works
Case Study
Chapter 4.6 - Short Pump & Dumps
Introduction
What to Look For
How It Works
Case Study
Chapter 4.7 - Timothy Sykes’s 7-Step Pennystocking Framework
Introduction
What to Look For
How It Works
Case Studies
Table of figures
Appendix I: Answers to Questions & Exercises
Questions
Exercises
Bibliography