| Okay, so you took the plunge and started day | | | | stocks typically move as the result of fundamental |
| trading penny stocks on a daily basis. You bought | | | | indicators rather than technical ones, so look more at |
| tons of guides, ebooks, software and everything | | | | the overall health of the company and the hype |
| imaginable and have been tracking your trades like | | | | surrounding the stock when day trading micro caps. |
| crazy every single day. So why are you still losing | | | | Don't analyze the technical pattern too much! This |
| money in the micro cap market? Don't quit! You can | | | | can mislead you and cause you to miss the hot |
| still make a profitable business out of trading! Here | | | | penny stocks in exchange for ones that will fall. |
| are the top reasons why you might be losing money | | | | There are just too many false breakouts on micro |
| trading micro caps and how you can fix them without | | | | caps to focus solely on technical indicators. |
| going broke. | | | | Finally, are you trading penny stocks on a good |
| First off, are you underfunded? Part of the problem | | | | system? If not, you seriously need to reconsider the |
| when it comes to new traders is they do not save | | | | system you are using and find one that really works. |
| up enough capital for day trading stocks. This can | | | | I trade on the Penny Stock Prophet system and |
| lead to problems when it comes to entering the | | | | have found it to be consistently profitable when it |
| financial markets because commissions will drain cash | | | | comes to day trading micro caps. If you are still using |
| from your wallet quickly. I recommend having at least | | | | free stock alerts, these can often cause you to lose |
| $1000 in startup capital to trade micro caps | | | | money quickly because they are sub par. If you want |
| consistently and seriously. Any less than that and you | | | | to trade penny stocks seriously, you need to invest |
| risk getting called out by your broker. | | | | in a good penny stock trading system. |
| Next, are you analyzing the wrong indicators? Penny | | | | |