Before I go into detail explaining what Penny Stock Prophet is, allow me to give you a bit of background on the creator of this system.
Who Is James Connelly?
Imagine being a 19 year old college student with limited funds. This is how James Connelly got started trading and profiting from penny stocks. He perfected a stock trading strategy that allowed him to consistently profit from the market by trading these micro-cap stocks.
4 Key Variables
James Connelly has identified 4 key variables which allowed him to identify penny stocks before it reached a breakout point with an ensuing rally. If you know anything about the stockmarket, you’ll be aware that you only make money when stocks are moving powerfully in a direction. Stocks that don’t make any headway for a long time, just leave your funds tied up with no sign of an exit.
The key to the system is in finding undervalued stocks which are about to break out of a trading level and rally strongly. To this day, James Connelly has never revealed what these 4 variables are but he has a members service known as Penny Stock Prophet where he alerts members to stocks that are about to move.
Does It Really Work?
To answer that question objectively, I am going to look at the numbers as oppose to speculating on what people have already said about it. You can visit the site yourself to see what sorts of percentage gains people have made by following the stock picks he recommends.
James Connelly put his strategy to the test and over a 30 day timeframe he initially recorded an average percentage gain of 28% over a series of 11 trades. These results were encouraging, but he knew he could increase these averages if he applied the same strategy to penny stocks instead of the broad market.
Penny Stock Returns Over 30 Days
Once James applied his strategy to the micro-cap market, his averages went up considerably. You can see the proof for yourself on his website, but over 30 days he averaged 45% gains. Most impressively though, was that these gains were realized in only 24 to 48 hours. This means those profits were banked in 2 days or less on every trade over this 30 day period.
1 Million Dollars From $1000 Starting Capital?
On the Penny Stock Prophet website, James Connelly illustrates how it’s possible to make $1 million dollars with an initial investment of $1000. In his calculations he has assumed a lower average of 20% gain per trade. Assuming this is achievable, you would reach in excess of 1 million dollars in 38 trades. While it’s impossible to say exactly how much you will make, it’s encouraging that the average gains in his 30 day case study were 45%, which is 25% higher than the example used in his hypothetical $1000 to $1,000,000 profit table.
Stock Alerts and Direct Access to the Founder
Penny Stock Prophet is a members only service, which charges a one-time fee for lifetime subscription to the Penny Stock newsletter. James Connelly does not guarantee that every single trade will be a definite winner. What he does offer is the reasons he has chosen a given penny stock and why he thinks it’s due to breakout and rally. New members also get a quick-start trading guide.
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About the Author
Read our FULL consumer Penny Stock Prophet Review and learn more about how you can profit by trading and investing in stocks at => http://www.pennystockinvestingtips.com