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1. Find penny stocks with potential by looking for ideas on the message
boards...
2. Watch your charts like a hawk every day looking for technical breakouts...
You have to be on the lookout for scammers, spammers and pumpers — but
don’t let that stop you from exploring the investor message boards for penny stocks
that merit further investigation. When you find something you like, add it to your
Watch List.
Be sure to check out their forum for tracking pump and dumps:
http://siliconinvestor.advfn.com/subject.aspx?subjectid=56743
Charting Services
I have some great resources for creating the charts you need to spot technical
breakouts and keep track of volume. I urge to check them all out to find one or more
that works best for you:
1. StockCharts.com: http://www.stockcharts.com
2. StockFetcher: http://www.stockfetcher.com
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3. Power Etrade Pro:
https://us.etrade.com/e/t/activetrading/poweretradepro
SEC Filings
3. SEC: http://www.sec.gov/edgar.shtml
Thinkorswim https://www.thinkorswim.com
Interactive Brokers (the only one for shorting stocks under $2)
http://www.interactivebrokers.com
TradeStation http://www.tradestation.com
SogoTrade http://www.sogotrade.com
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