Nate's Great Penny Picks

My main strategy that I found to make the most profit with pennies is to get into a penny stock that has just started to break out. Then ride this until it stops and to sell quickly. A perfect example of this is CYSG which went up 490% today. I will be starting on Thursday and will be posting my picks as they happen.



Disclaimer: My picks are based on my opinion only, no guarantees. Always do your own research before getting into a stock. Penny stocks are one of the most volatile investments you can make. Always only trade with money you can afford to lose. Don't trade with money you might need at the end of the month to pay bills. Don't use my picks if you need to rely on them to make a living. Use them only if you are in good financial shape and could use extra money. Always take profits when you can.

For penny stocks, a break-out occurs when there is lots of buyers hitting the ask and then the MMs have no choice but to retreat and move the ask up. Look at stocks with lots of volume, this will be your best chance to cash in.

Okay guys and gals, get ready for a great Thursday and I mean great. I have some stocks that might run today, so be sure to refresh my thread periodically throughout the day to get my latest picks. These stocks will run from a couple of minutes, couple of hours or maybe even a couple of days. Always take profits if you can but you make the choice of when to sell based on how much risk you are willing to put in. Good luck to you all and if you have any questions you can ask me on my thread.

Hi Richie Rich, I have been successfully trading pennies for about a year now. I am ready to go for today, I have some great picks coming out and will post them once they start to break out.

DLAD in at .0007, about to break out.

DLAD right at bottom and volume is coming in at a fast pace.

Sold DLAD at .001, 43% profit for the day. If your a risk taker you can hold and DLAD might go up even more but I took profit.

Hi CamelToeJoe, those are great questions and I hope I can answer them the best way possible.

How will you know it's a true breakout?
I will know it's a true breakout when volume is higher than the average and the buyers all lined up at the ask before it gets moved up.

How are you identifying false breakouts?
This is tough and even if you think it's a breakout it can be a false one. For example with DLAD today I got in at the ask of .0007 but then it fell down to .0006 and even had some sellers at .0005.

How will you spot potential breakouts before they happen?
Look at the chart and see if people loaded up at a certain price then the volume gets unusually high, also take into account the level 2 and see if the MMs are thin and that means they will let it run.

This thread but I am usually in the live chat as well.

Always invest money you can afford to lose, don't invest money you need at the end of the month to pay bills or expenses. I have played as much as $5,000 on a penny stock and been able to successfully sell it, usually if the volume is good you should have no problem selling your shares.