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By: Christopher Lee
Stock trading involves risk. Only risk capital should be used for trading stocks. It is a good idea to begin by trading on paper when you are learning a new stock trading strategy. Everyone's financial situation, risk tolerance, and schedule are different. By trading on paper, you can decide which of the Penny Stock Castaway buying and selling strategies will best suit your needs.
As you read and study Penny Stock Castaways, keep one thing in mind, patience. There will be times when the strategy does not produce any stocks to trade for several months. You can see this by looking through the detailed track records in Chapter 10: Track Records and Statistics. All of the stocks that could be traded with the Penny Stock Castaways strategy are listed in the detailed track records, along with the dates when these stocks would have been traded. You will see that in 2002, Penny Stock Castaways found stocks to trade from January through December. In 2004, the first stock was not found until the end of April.
You will also notice that when the overall stock market is not doing well, as in 2000, 2001, and 2002, there may be more stocks found with Penny Stock Castaways. When the overall stock market is doing better, as in 2003, 2004,
and 2005, there may be fewer stocks found with Penny Stock Castaways. This is not necessarily a rule set in stone, but it is something to keep in mind as you use the Penny Stock Castaways strategy in the coming years.
The key is patience. The castaway stocks will come. The track records show this. You will not need to trade the Penny Stock Castaways every day or every week.
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http://www.ultimatetradingsystems.com/


Thanks for reading.
Until Next Time
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