rob rens

Times to Trade Penny Stocks

Over the years you will hear a lot of clichés about the market andone of them says "the open is for amateurs and the the close is for Pro's". Well there is some truth to that. For the most part, the first 20 minutes of the trading day is full of wild swi... Read >

Penny Stock Trading Strategy

Have had a few questions on how I trade. I'll do a run through to the best of my ability on what I do, and how I do it. This may benefit some of the newer traders. Sorry, no visuals on this one! First off, my most profitable stocks are swing trades. I ... Read >

When to Buy or Sell Penny Stocks

Many people ask me each day when to sell/buy, how do you know when to sell or buy....well here goes What people usually do to sell a stock is ...find the next resistance (for example stock ABC next resistance is @ .015) sell right BEFORE the resistance... Read >

Penny Stock Trading Philosophy

I'm sure that all seasoned market traders have read the various books out there on trading philosophy. There is a vast amount of intriguing information for our enjoyment and education, from the Elder-esque psycologically founded views to the application o... Read >

How to find penny stock resistance

To find penny stock resistance you first have to look for stock prices that are higher then the current stock price. The sequence goes from most recent low to most recent high. For example, if my stock price I am looking at is at .22 currently and one wee... Read >

Gold penny stocks and gold canadian stocks

The reaction of mainstream analysts to the events of last spring and summer was as amusing as it was predictable. As soon as commodity and metals prices weakened, they were out in droves, tut tutting and warning the great unwashed that we had seen the top... Read >

How do you set up your charts when looking for a stock trade

One of the most common questions is: "How do you set up your charts when looking for a trade?" First, you have to know the basic timeframe of the trade you are about to make. Is this going to be a 30-200 minute trade? A 1-2 day trade? A 3-4 week trade? H... Read >

Learning to make better stock trades

Ask many seasoned traders to describe their most profitable trade, and you'll hear a fantastic story. It's usually purely serendipitous. For example, they may have been going long on a large position when suddenly a media reporter talked up the company fo... Read >

Stop Losses and Stock Trading

I am sure that anyone who calls themselves a trader has read plenty regarding stop losses. Even I have written more that one article on the topic. It stands to reason that this is a topic of discussion, because of one simple fact. Not taking stops is stil... Read >

Assess risk and stages of trading penny stocks

"Fundamentals, while important, DO NOT help the investor or trader assess risk and timing issues in the HERE and NOW." Sound methods follow the investor or trader who has a sound mind. I repeat! Sound methods follow the investor or trader who has a... Read >

Losing streaks when trading penny stocks

Every trader at some point in his career will have to face one or several "losing streaks". This is a fact of this business, and whoever tells you this isn't so hasn't traded enough or is a big liar. Losing streaks can be produced by a faulty use of a tac... Read >

Art of taking small losses when stock trading

With the professional football season heading towards the playoffs, I thought it would be fitting to highlight an important anology between trading and sports. All great coaches know that it takes great offense as well as great defense to be champions. Di... Read >

Rules when trading penny stocks

There are many different rules people create when stock trading. Without rules a stock trader would be lost because they need a system that works for them. With this in mind these are some rules that I follow. 1. Understand the difference between confi... Read >

Thoughts when stock trading

In summary, your trading plan must account for the emotions you will be prone to experience, particularly those related to managing fear. As a trade, you must move from a fearful mindset to mental state of confidence. You have to believe in your ability a... Read >

Fear of not being right while stock trading online

There are the four many fears in trading, and how you can work to handle them. The one I am going to be talking about here is the fear of not being right while stock trading. Fear of Not Being Right Too many traders care too much about being proven... Read >