Stock Quote for: STRATEGIC MNG COR" (SMNG.PK)
| Last Trade: $0.072 | Bid: $N/A |
| Open: $0.079 | Ask: $0.00 |
| High: $0.079 | EPS Estimate: $0.00 |
| Volume: 529256 | Day Range: $0.065 - 0.079 |
| Shares Outstanding: 7.2M | P/E Ratio: N/A |
| PEG Ratio: N/A | 52-Week Range: $0.01 - 0.10 |
I learned the hard way how to make money in penny stocks, and I hope to make it easier for you by revealing how I have started to make six figures.
I lost a ton of money when I started trading penny stocks, but I finally learned the the few simple repeatable steps that make it possible to win 80% of the time using the following steps.
The first thing I learned was that for the most part, it's best not to invest in penny stocks, but to trade them. Leave the investing to the blue chip stocks with the paltry 4-5% yearly returns(if you're lucky). Penny Stocks are for trading, and if you have a good alert provider, and can trade the momentum, then you can make some serious returns in just a few short days.
The second simple step is to totally take guesswork out of your trading. That means take the emotions of buying and selling completely out of the equation. This sounds like it's easy, but I'm sure many of you have already realized that it's not so simple. The quickest way for a penny trader to burn himself out is buy holding on to a losing stock thinking it has to bounce back up. The reality is that it will not, and even if it does it will often take longer then what we traders like. You don't want to tie up your trading capital for weeks when many other potential winners are around the corner. When you go into a trade with pre determined entry and exit points and use stops to control this you ensure no emotional trading.
There are many types of stops you can use, but really you only need an automatic stop for the downside, and the upside(the amount or percentage you are happy with profit wise, or losing; on the downside). These are really important for the working trader as you are not in front of your computer all day to place the trades manually. Even if you are, use them, as I see even the most experienced traders let emotions ruin otherwise good trades.
Finally, and most importantly, you need a reliable pro who is tracking the markets, and the pro that i found was James Connely who offers his Penny Stock Prophet Picks. He was an MIT student who figured out a unique investing strategy that allowed him to turn a few thousand into a million in just over a year. The best part is that unlike the others that I tried, he actually finds these momentum patterns before the stock runs up. I know on more than one occasion I used a few so called gurus who were about a day or two late with sending their picks.
He only charges a one time fee, and you can paper trade his picks first to see how they work and to get used to them. He also backs his service with a 100% guarantee, which takes all the risk out of it.
In closing if you follow these three simple steps you will be ahead of 95% of the rest of the traders in the penny market. Discipline is the key to survival, and James Connelys Prophet Picks are the difference makers.
Will SMNG be a top pick again? I can not answer this, but I can say you will eventually get hundreds of picks that are ready to explode.
Company News From the Social Web
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Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt http://bit.ly/9maxPe.
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt http://tinyurl.com/36gp8vt
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt http://tinyurl.com/36gp8vt
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt http://tinyurl.com/36gp8vt
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt http://tinyurl.com/36gp8vt
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Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt ...
Strategic Mining Corporation announced recently that it had finalized the purchase of a Boart Longyear LF 70 diamond core angular drill. The acquisition of the.
Hahaha tuh kan gbsa jwb :pRT @fabianwicks: Emmm.. Ga ikutan deh kalo masalah ini (⌣_⌣quot;) RT @fannykusumah: Dusta, smwa yg d smng ngadu..korba
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World Market Media - Strategic Mining Corporation (PINKSHEETS ...
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt. Sep. 3rd, 2010 at 11:36 AM. market, social media, stocks, news, data. Strategic Mining Corporation announced recently that it had finalized the purchase of a Boart Longyear ...
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt ...
Strategic Mining Corporation announced recently that it had finalized the purchase of a Boart Longyear LF 70 diamond core angular drill. The acquisition of the drill follows an earlier announcement that the land survey of the Nat Son ...
Dusta, smwa yg d smng ngadu..korban kekerasan km fab ! :))RT @fabianwicks: Weits ntr dulu ak orangnya baik kok hahaha narsis
Dusta, smwa yg d smng ngadu..korban kekerasan km fab ! :))RT @fabianwicks: Weits ntr dulu ak orangnya baik kok hahaha narsis
$DGMA new smartphone app announced - up 4%
Also watching $CEHC $OTOW $SMNG $AMSZ
$DGMA new smartphone app announced - up 4%
Also watching $CEHC $OTOW $SMNG $AMSZ
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt ...
Strategic Mining Corporation (PINKSHEETS: SMNG) Hits Pay Dirt. September 3, 2010 World Market Media Leave a comment Go to comments. Strategic Mining Corporation announced recently that it had finalized the purchase of a Boart Longyear ...
Deutschland - Fregatte quot;Bremenquot; nimmt an SMNG 2 teil ...
Deutschland - Fregatte "Bremen" nimmt an SMNG 2 teil. Friday, 03 September 2010 12:26 | Written by Presse- und Informationszentrum Marine. Glücksburg (ots) - Wilhelmshaven - Die Fregatte "Bremen" verlässt am Montagmorgen, den 6. ...
Online Investment Management » Blog Archive » Junior Mining ...
Strategic Mining Corporation (PINK: SMNG) is engaged in the exploration and development of gold properties in Vietnam, the United States and on the African continent. Most recently, Strategic Mining announced the completion of a ...
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Strategic Mining (Pinksheets:SMNG): New Office Ready To Go
Strategic Mining nbsp; (Pink Sheets:SMNG) announced today the completion of a new field office on the Nat Son gold property in Vietnam. Buildings for large equipment storage and workers [ #8230;]
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May 07th 2010, [ #8230;]
Strategic Mining#039;s Vietnam Gold Property Classified as #34;Property of Merit#34; by Competent Person#039;s Report - NI 43-101 Compliant
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