Day Trade Penny Stocks Newsletter - A Doubling Stocks Review

Can A Day Trading Penny Stocks Newsletter Provide You the Day Trading Stock Tips You Need?

Keep hearing about day trading like it is some kind of game people play to make money? Wonder how anyone actually makes any real money with something called "penny" stocks? How are people buying penny stocks and where do they find the penny stocks lists they use to succeed? Do you need an online trading broker?

Doubling Stocks provides you with a successful, acclaimed and established weekly email newsletter featuring good stock picks on day trading penny stocks. Instead of just abstract advice, Doubling Stocks tells you the specific stocks to buy and why, then tells you exactly when to sell them to maximize your profit.

Michael Cohen and his father John Cohen have been providing successful good stock picks for decades. Michael Cohen carries on his father's legacy in a program renown for its uncanny selections on day trading penny stocks by such esteemed online sources as Business Week Online, Interactive Investor and Entrepreneur. My Doubling Stocks review will reveal my hands-on experiences with the newsletter and caution you about any possible shortcomings.

One indisputable value of Doubling Stocks is that it offers you a full eight week 100 percent risk-free trial. You don't even need to bother with my review if you can just try it out yourself without risk and immediately start day trading penny stocks with Doubling Stocks' good stock picks. If after eight weeks you decide you don't want to buy Doubling Stocks because it hasn't provided you with day trading stock tips that work for you, you get all your money back, no questions asked.

If you choose to stick with it, you pay 49.97 just once: you never need to renew or pay anything more ever again and you'll receive the Doubling Stocks email every week for however long you wish. Different methods work for different people, so if you really want good stock picks and you're determined to succeed, there's absolutely no reason why you shouldn't try mastering day trading penny stocks through the Doubling Stocks newsletter. You have nothing to lose with the Doubling Stocks trial, but if you don't join soon you may miss your opportunity to join the newsletter. Michael limits the number of subscribers to his newsletter.

Day Trading Penny Stocks: Day Trading Stock Tips to Get Rich Quick?

Make money online and get rich? Sure. Get rich QUICK? In short, no. Don't fool yourself here. Doubling Stocks will provide you the good day trading stock tips you need to begin mastering day trading penny stocks, but it requires you follow through and accept some risk. In my three months with the program, despite few home runs, more than 3 out of every 4 picks made me money. But that means one in four picks didn't succeed. This is simply the nature of day trading penny stocks and no matter how many good stock picks you're provided, you will have to steel yourself for an occasional risk. I do strongly suggest you stick with it for a few weeks. You'll refine your trading wisdom with each newsletter arrival and any issue could suddenly provide the pick that really makes it all click for you.

The great news is that we are dealing with day trading "penny" stocks, not trading hundreds of shares of Microsoft or Exxon. When you start, you can easily limit your risk to pennies. Even if you're completely new to investing and have very little money to start, Doubling Stocks starts you slow, then you can reinvest what you've made until you're making some serious profit through day trading penny stocks.

Although I found it a benefit, one possible criticism of the newsletter is the no-nonsense approach Michael takes towards trading stocks. Like any business venture, you need to put in some time researching the topic a bit for yourself, because Michael is more interested in very direct and explicit good stock picks. You won't see him wax philosophical too often. "Just the picks, ma'am."

Will This Penny Stocks Newsletter Really Work For You?

As long as you put in a reasonable amount of effort, I really do think it will. Why? Because you have John Cohen's lifetime of wisdom and Michael Cohen's savvy and diligence providing you all the research and good day trading stock tips you could possibly need to succeed. You will need to put in your own work, but I found it remarkably simple and quick to begin making a bit of money right away with Doubling Stocks. You need to stick with it and reinvest your earnings slowly, but eventually you will reach some serious profits by day trading penny stocks.

I've tried a few different online programs and bought a few day trading books on Amazon. I am sure some of this material provided me some wisdom I do not realize I am using, but they all provided me too much background information and abstract theory. Doubling Stocks provides good stock picks so you can soon profit from penny stocks. You'll find very little dry, sleep-inducing theory.

Michael Cohen has made millions for many people. He has a loyal following and my time receiving his newsletter illuminated the reasons why: Simple, direct success with good stock picks for day trading penny stocks. But why should you give Doubling Stocks a shot? Because you have absolutely nothing to lose. Maybe you won't find it as worthwhile to you as it was for me. But why would you not at least give it a shot with the incredible eight week 100 percent risk-free trial? This is not expensive. This is not time-consuming. You have to decide how bad you want your financial independence. You don't even need to read my opinion when you can check it out for yourself. Go try Doubling Stocks now while there are still subscriber slots left.

And that is one final, important point. If you're at all interested, just do it and do it now. This isn't a service open to everyone all the time. Michael closes off access to Doubling Stocks every couple of months because he doesn't want too many people pillaging his picks and affecting the market. So if you want in, go to it! Start day trading penny stocks now!

Charlotte Simms is a former teacher and technology consultant. Her hope is to bring useful, empowering technology into the lives of people who feel intimidated by things like blogging, the Internet and online stock trading. Do you think a little bit of quick cash might help you out? Does quick mastery of day trading seem like something you'd enjoy? Learn more about finding financial freedom through penny stocks: Day Trading Penny Stocks

Reuters - The Obama administration on Tuesday mounted a full-scale push for government authority to shut down troubled institutions like insurer AIG to avoid the need for future bailouts.

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Pivot Point Trading- 7 Guidelines For Success

What do we mean by pivot point trading? It simply means that Forex traders take into account pivot points calculated from the previous day's trading range and use them as reference points to identify support and resistance levels.

Taking the high, low, close and open values of the previous day's price action, strategic levels can be identified which may or may not have an influence on price action. Pivot point trading puts emphasis on these levels, and uses them to guide entry and exit points for trades.

However, as with any technical indicator, there are limitations and pivot point trading, to be high probability, needs to stay within certain parameters. The following 7 guidelines can help pivot point trading be more profitable:

No. 1

Pivot points should not be used as a standalone indicator. Do not enter or exit trades purely on the basis of pivot points. Use them in conjunction with other indicators such as candle patterns, Fibonacci levels, MACD, and moving averages to identify and confirm key levels of support and resistance which may provide trading opportunities.

No. 2

While some traders living in various parts of the world may calculate their pivot points according to the time zone in which they live, a fairly safe standard for calculating the levels of pivot point trading is to use GMT (Greenwich Meantime).

Midnight GMT is a very quiet time in the market with very little volatility and provides a good opportunity to calculate more accurate pivot levels going from midnight GMT to midnight GMT the following day.

No. 3

It is good to understand what is going on behind the scenes when it comes to pivot point trading. Rather than just staring at candles on a chart, understand what they actually represent.

Thousands of traders around the world, some working for large institutions and handling millions or even billions of dollars worth of currency, are taking positions according to previously established highs and lows in the market.

Pivot points draw attention to these key levels which will often be strongly defended by traders who have a lot at stake. This is the reason pivot point trading can be so successful, once a trader understands underlying reasons for price action.

No. 4

It is good to calculate mid levels in addition to the S1, S2, R1, and R2 pivot levels. Sometimes there is a significant gap between these levels and calculating a mid point gives another point of reference. Price will often be seen respecting M1, M2, M3, or M4.

To calculate mid levels, simply subtract the level below from the level above and divide by 2. (see the resource box for a free pivot point calculator)

No. 5

Pivot point trading can be a useful strategy for entering and exiting trades at the right time. A pivot point can provide a key level of support or resistance where price is likely to bounce for a 10-20 pip profit.

Or in the case of a trend, price may retrace to a pivot level before continuing its run. The retracement point at the pivot level would be a good place to put an entry order to be taken in when price comes back to retest at the pivot level.

No. 6

The Euro - US dollar pair often puts in a daily average of between 75 and 100 pips. Watch for specific behavior around the time of the London market open. Price will often come back to test a level which is a pivot point and form a distinctive candle pattern such as tweezers, or a hanging man, and then reverse and go on its 75-100 pip run for the day.

If price comes back to the M1 level check your other indicators to see if they confirm this would be a good level to go long. Likewise, if price, just around London open, tests the M4 level, check your other indicators to see if this would be a good place to go short. You may be able to get a slice of the 75-100 pip run for the day.

No. 7

Pivot point trading helps mentally in establishing the buy zone and the sell zone. Traditionally, anything above the Central Pivot Point is a Sell area, and everything below the Central Pivot Point is a Buy area.

If you go contrary to that, make sure you double check your analysis and have very good reasons for doing otherwise.

Pivot point trading is just one of an arsenal of weapons available to Forex market participants. However, it must be stated that many successful traders use just a handful of tools that become their favorites. After all, too many indicators can lead to decision paralysis.

For many traders, pivot points are a key element in their overall trading strategy. Use the 7 guidelines above to use them safely and responsibly.

For a free pivot point calculator, Fibonacci calculator and the best free economic calendars click here:

http://www.vitalstop.com/Forex/tools.html

Click here to learn how to use another indicator, the 200 EMA, in a simple yet powerful way:

http://www.vitalstop.com/Forex/Advisor/200EMA-forex-strategy.htm

Do you know the important lesson Mohammed Ali teaches us about Forex trading? Read it here:

http://www.vitalstop.com/Forex/Advisor/forex-online-trading-mohammed-ali.htm

Reuters - It pays to communicate but Corporate America is doing less and less of it with investors as the U.S. economy falls deeper into recession, undermining market confidence in the process, a new study showed.

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