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You can learn trading penny stocks from the masses and become part of the 90% of traders who lose money in the stock market, or you can learn from the Best. The Complete Penny Stock Course is based on Timothy Sykes’, various training programs. His strategies have helped individuals like Tim Grittani, Michael Goode and Stephen Dux become millionaires within a couple of years.This course aims to teach you how to become a consistently profitable trader, by taking Tim’s profit-making strategies with penny stocks and presenting them in a well-structured learning format. You’ll start by getting acquainted with the concepts of market and trading psychology. Then you’ll get into the basics of day trading, how to manage your risk and the tools that will help you become profitable. Along the way, you’ll learn strategies and techniques to become consistent in your gains and develop your own trading techniques.What’s inside:- Managing expectations and understanding the market- Understanding the psychology of trading and how it affects you- Learning the basics of day trading- Learning the mechanics of trading penny stocks- Risk management and how to take safe positions- How to trade through advanced techniques- Developing your own profitable trading strategy- Real world examples and case studies No prior trading experience is required. Review: You have to be happy with singles over and over and over again - Unfortunately for Jamil Ben Alluch, most people have no idea who he is and assume that Tim Sykes wrote this book. Tim is a master promoter and a master teacher as well. After being a student of his for a few years now, I've seen enough people "succeed" in penny stocks that I know it can be achieved. While "success" to some might equal becoming his next millionaire student, all it means to me is being able to trade full time and NEVER need a job again -- making enough income trading to replace what I made in my previous roles. While I'm not yet there, I'm close enough where that will be a reality by 2020. The key is really sticking to Tim's rules, especially cutting losses quickly and having a plan on EVERY SINGLE trade. I can't stress that enough. I don't ride supernovas to the top; once they hit my goals (10-20%), I'm out and onto the next moves. You have to be happy with singles over and over and over again, and by cutting losses quickly (usually 5% for me), it's how you achieve a level of success overtime. "Hope" is not a strategy, so if a stock drops and hits my out point, so be it; I'm not going to wait around for imaginary news or volume to kick it back up. Back on topic... I know that anything Tim produces or recommends is worth checking out, due to the fact that there are several people that have succeeded because of his teachings, so I thought I would check out "The Complete Penny Stock Course". Being that I've been a trader for quite awhile, I think TCPSC is a great book for beginners. If you've watched Tim's Pennystocking DVDs or "How To Make Millions", you'll learn much more than you will through TCPSC. However, if you ARE a beginning trader and just starting out with a (very) small account, check this book out simply due to the fact that it's more affordable for somebody that has a small account and might not be able to afford expensive courses or DVDs. This is a great primer for you to move onto other things, but if you've already traded for awhile, there's very little this book will teach you. It's an extension of StocksToTrade, so that software will be recommended over and over again; it's not quite to the level of being an advertisement for STT, but it's mentioned a lot. For people who are just starting out, definitely get this book. It'll be worth the small investment (price) in the knowledge you will gain. After you read this book, then I would HIGHLY recommend Tim's "How To Make Millions" as it's over 30 hours of information on DVD and you'll learn so much from it, from the mental/emotional aspects of trading to chart patterns and so on. Whether you purchase this book or DVDs or become one of his Millionaire Challenge students, follow... the... rules. The times I've lost in a trade, when I review my notes I find out that 95% of the time, it's because I didn't follow these rules. TL;DR VERSION: If you're a beginner, buy this book. It's GREAT if you're just starting out, hence the 5 stars. If you have some experience trading, it's NOT the book for you. Review: A great book that not only introduces you to Penny Stocking but it show you proven strategies to help you succeed as a traded to - Thank you Jamil for laying this out so nicely. This book is more than just an introduction to penny stocking as it breaks down different patterns for both long and short selling, what to expect from your broker, what rules must be followed as a trader, how to keep discipline both in a trade and when doing your studies. I have 30 or more books on my shelve and all of them are good for what they are titled for but this is by far the best when it comes to what the title says "The COMPLETE Penny Stock Course" and at $29.00 please feel free to reply to my post and let me know a better $29.00 book filled with as much information on every topic as this book does. Yes there are better books for TA, or charting, or going long, or going short, but it the whole books agenda not just a subchapter in a chapter. You might not be good at it but as a penny stock trader I'm here to say that you could read this book studying each chapter as you go and by the end place winning trades. I have spent thousands on mentors and will never regret it as it has paid for it self many times over. But this book is the best $29.00 you can spend to help figure out if the stock market and maybe a mentor to accelerate your skills is right for you. My only suggestion I have is to use something like Yahoo Finance to look at the charts as they are hard to see in book size and they are not in color. Every chart has the ticker symbol along with the date of which it was shown from so looking at full size in color on your computer is a breeze. Enjoy your reading of this book (I know I did) and good luck if you enter the market.
| Best Sellers Rank | #430,458 in Books ( See Top 100 in Books ) #359 in Stock Market Investing (Books) #846 in Introduction to Investing #1,496 in Finance (Books) |
| Customer Reviews | 4.5 out of 5 stars 1,676 Reviews |
J**N
You have to be happy with singles over and over and over again
Unfortunately for Jamil Ben Alluch, most people have no idea who he is and assume that Tim Sykes wrote this book. Tim is a master promoter and a master teacher as well. After being a student of his for a few years now, I've seen enough people "succeed" in penny stocks that I know it can be achieved. While "success" to some might equal becoming his next millionaire student, all it means to me is being able to trade full time and NEVER need a job again -- making enough income trading to replace what I made in my previous roles. While I'm not yet there, I'm close enough where that will be a reality by 2020. The key is really sticking to Tim's rules, especially cutting losses quickly and having a plan on EVERY SINGLE trade. I can't stress that enough. I don't ride supernovas to the top; once they hit my goals (10-20%), I'm out and onto the next moves. You have to be happy with singles over and over and over again, and by cutting losses quickly (usually 5% for me), it's how you achieve a level of success overtime. "Hope" is not a strategy, so if a stock drops and hits my out point, so be it; I'm not going to wait around for imaginary news or volume to kick it back up. Back on topic... I know that anything Tim produces or recommends is worth checking out, due to the fact that there are several people that have succeeded because of his teachings, so I thought I would check out "The Complete Penny Stock Course". Being that I've been a trader for quite awhile, I think TCPSC is a great book for beginners. If you've watched Tim's Pennystocking DVDs or "How To Make Millions", you'll learn much more than you will through TCPSC. However, if you ARE a beginning trader and just starting out with a (very) small account, check this book out simply due to the fact that it's more affordable for somebody that has a small account and might not be able to afford expensive courses or DVDs. This is a great primer for you to move onto other things, but if you've already traded for awhile, there's very little this book will teach you. It's an extension of StocksToTrade, so that software will be recommended over and over again; it's not quite to the level of being an advertisement for STT, but it's mentioned a lot. For people who are just starting out, definitely get this book. It'll be worth the small investment (price) in the knowledge you will gain. After you read this book, then I would HIGHLY recommend Tim's "How To Make Millions" as it's over 30 hours of information on DVD and you'll learn so much from it, from the mental/emotional aspects of trading to chart patterns and so on. Whether you purchase this book or DVDs or become one of his Millionaire Challenge students, follow... the... rules. The times I've lost in a trade, when I review my notes I find out that 95% of the time, it's because I didn't follow these rules. TL;DR VERSION: If you're a beginner, buy this book. It's GREAT if you're just starting out, hence the 5 stars. If you have some experience trading, it's NOT the book for you.
D**N
A great book that not only introduces you to Penny Stocking but it show you proven strategies to help you succeed as a traded to
Thank you Jamil for laying this out so nicely. This book is more than just an introduction to penny stocking as it breaks down different patterns for both long and short selling, what to expect from your broker, what rules must be followed as a trader, how to keep discipline both in a trade and when doing your studies. I have 30 or more books on my shelve and all of them are good for what they are titled for but this is by far the best when it comes to what the title says "The COMPLETE Penny Stock Course" and at $29.00 please feel free to reply to my post and let me know a better $29.00 book filled with as much information on every topic as this book does. Yes there are better books for TA, or charting, or going long, or going short, but it the whole books agenda not just a subchapter in a chapter. You might not be good at it but as a penny stock trader I'm here to say that you could read this book studying each chapter as you go and by the end place winning trades. I have spent thousands on mentors and will never regret it as it has paid for it self many times over. But this book is the best $29.00 you can spend to help figure out if the stock market and maybe a mentor to accelerate your skills is right for you. My only suggestion I have is to use something like Yahoo Finance to look at the charts as they are hard to see in book size and they are not in color. Every chart has the ticker symbol along with the date of which it was shown from so looking at full size in color on your computer is a breeze. Enjoy your reading of this book (I know I did) and good luck if you enter the market.
T**Y
a StocksToTrade platform Training Book
When I bought this, I didn't know that this book is on how to use the StocksToTrade platform for Day Trading. I just wanted to learn Day Trading. However, it will still give you really good information/advice on HOW to Day Trade! I did eventually purchase a monthly subscription to STT, because they offer paper trading...a great tool for learning! I absolutely love the book AND the platform! Best platform I've used outside of TradeZero, Webull, Robinhood, etc. I get ALL the news for any stock I want, as well as their SEC Filings, etc., right on this platform! It's a one-stop research hub for any stock! They also have a great chat room community for other STT subscribers. StocksToTrade is AWESOME!
R**E
Good content poor print quality.
Good content and a must read for millionaire challenge students. Four stars for content Book quality horrible. Can't read charts and about 50 pages were not attached. One star book quality
J**M
A Good Place to Start
I have read this book, watched Tim Syke's How to Make Millions DVD, and am a silver member subscriber to his service. After watching many hours of his content, I would say this book is a great overview of everything put together. There is a lot of great information in here that has been taken out of his videos and compiled into one place. One thing about Tim's videos is he loves to talk a lot. The downside to this is he sometimes does not explain the "why" of what he's doing rather than more or less "i did this here because it's what I like to do, don't question me, if you watched my videos you'd know why. If you haven't watched my videos you're lazy." If you're one of the people that wants Tim to answer the question of "Where do I start?" without his response of "Watch ALL of my videos, you lazy ass", read this book first. I would especially recommend this since Tim's educational materials can be a bit pricey at times. Read this first to see if Tim's strategy is a good fit for you before spending hundreds and thousands of dollars on his DVD's, subscriptions, and services. The one thing I do not like about this book is that it is somewhat of an advertisement at times for Stocks to Trade, which is the stock research tool developed with the help of Tim Sykes and created by the author of this book. Stocks to trade can be a valuable resource, but it is expensive and not completely necessary for beginners.
K**H
With every penny ;)
Worth every penny
M**H
Intro book that is good for those JUST STARTING.
This book is good for those that are just starting into the world of daytrading. While it covers some areas well, like SEC Filings, overall it is very topline and general...The entire book feels like a promotion for Tim Sykes DVD's and Challenge course. I would not recommend this book to anyone that has seen any DVD's or has traded for at least a month or two - you will already know the information covered in this book. However, if you have NEVER traded before or studied stocks, this book could be helpful.
A**R
Great book that makes you $$$
This is an amazing book. I have my own strategy that works well for me but was able to glean go info from this book. The key is to have your own consistent niche and don’t be a sheep. Trading is a game of ME not we…..I’m him…..not some furu !!!
S**N
Pirated or fake copy sent
Expected it to be original with colour printed with images and table to be readable. But the text is all the same, but dirty book (as if its been used) and black & white images and tables. Disappointing service from amazon. Already booked for return!
M**T
Great. Simplified book. Easy to. Follow
Great content. Easy to read Easy to follow. Best part is the layout. Spacing throughout makes it easy to understand. Wish it was in colour....
A**R
Must read!!
Who ever decide to start day trading with penny stoks , It's must read The Complete Penny Stock Course Book .Perfectly explained step by step guide.Mind Blowing!!!
S**N
Definitiv empfehlenswert!
Sehr gutes Buch muss ich ehrlich sagen. Habe davor auch viele andere Bücher dieser Sorte gelesen, aber so detailliert und angenehm zu lesen waren sie nicht. Kann ich echt an alle, die gerne in die PennyStock-Welt eintauchen wollen nur empfehlen!
B**R
Money well spent.
Great book. Very thorough & in depth. Highly recommended. Five stars.
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