So what is all the hype with NUEC and how is it that this stock has jumped 26 percent in one day after James Connelly sent out his alert? Has there been a significant bounce on the psychological support level for this stock, or is it going to crash and burn suddenly under such a sudden and extreme movement? I like to play the scalping game, so my exit point is either now or very soon! Here is my overall analysis: take it for what you will!

Green markets, while great and an exciting opportunity to profit off of what is essentially a fad, do not offer much in terms of new sources of revenue or new markets to explore. The reason is because green is such a vague term that refers primarily to services we already have or need to simply improve, like transitioning from throwing garbage out to recycling it. It seems a bit insubstantial to me that anyone base such a huge move in a stock on sources of energy that have never been deemed unworkable.

Albeit this is not an energy stock to go after, which is another reason I don’t see it as making a huge move potentially. This is an agricultural development stock that specializes in the creation of chemical mixtures to improve the working of soils. While that is important, agriculture is not a sector I see a lot of growth in, so I’d get out of this stock relatively soon.

Not that you will lose tremendous amounts of money, just that you won’t make a whole lot either, which is essentially the point of penny stocks. You look for a sudden move, then ride the profits up and scalp it. I really appreciate James sending me out this alert as it is a great trade, but one thing I have to say is, if you are in this one, don’t hang onto it much longer!

Smart traders can make a safe 20-30 percent off of trades like this, which is why I love PSP. I was beginning to think it was a fad, but every time a great trade comes into my inbox, I’m reminded that this service is actually pretty sweet, assuming you know how to work it appropriately!

My verdict: great trade for a quick scalping, and nothing more! Keep out of it for the long term as the only person claiming to be that this stock should multiply by 165 percent is, well, the CEO. And of course he would say that, now wouldn’t he?

Anyways, if you still haven’t gotten in on these alerts or checked out the bonus I made for James Connelly’s service that has been sending me picks like this, I highly recommend checking it out and getting in on the action by clicking here to get the Penny Stock Prophet trading service.

To an inexperienced trader who lacks any knowledge of the way in which the financial markets function, the act of short selling a company can often appear as unethical and barbaric. This is an understandable opinion. After all, you are essentially betting on a company to fail with your position, and losing money if they gain value by having to buy a short position back at a loss.

It’s unfortunate then that most German stocks are traded in the U.S., which means the banning of short selling this past May will likely affect the German stock market very little. It may slow the decline of prices on eurozone stocks for the coming years by a small, marginal bit, but it really won’t cause any significant shielding against the coming storm.

And historically, it’s proven true. There are numerous examples of strong companies that have survived significant short selling and continued to prosper, and other companies that have not. Either way, short selling just means the burden of exiting will be placed on the shareholders rather than the short sellers, who will fill in the blanks on a bad trade and exit if the bias on the stock changes significantly enough.

Hey all. Real quick I want to talk about something really simple that can help anyone trading stock or options out a ton when it comes to making money without losing the shirt off of your back. It’s an incredible set of videos and tutorials for traders who need to make serious cash in the financial markets, not just goof off at your desk and gamble with your savings and retirement.

It’s by a guy named Anthony Green, who has been trading for years and knows the financial markets just as well as anyone could. He made a system called the Secrets of Successful traders including all the amazing strategies he’s discovered over the years that have taught him to trade like a champion, including the ones he learned through trial and error that have hurt him in order to understand.

If you want to avoid the pain and frustration of losing money in the financial markets and get a real system for trading stocks that will keep your bottom line high and your losses low, definitely take a look and see what this system is about.

To check out the Secrets of Successful Traders for yourself, click here to visit Anthony Green’s website.

Hey everyone, sorry I haven’t made a post in a while.

Anyways, if you read my most recent e-mail I sent out to my list, you know that I’m pretty strong on gold. Gold isn’t much like any other investment opportunity in the world in that you don’t buy it so much for the sake of it going up aggressively, quite so much as you buy it to hedge against the poor performance of the current economy. Gold has never been worth nothing and continues to perform well the more the dollar struggles and the more uncertain people get about their financial futures.

For that reason, I decided to put up a quick post about gold. I know this is primarily a trading blog, but there is an advantage to hedging yourself against inflation and economic uncertainty as well. Trading is about making money, but investing in gold is about protecting the money you’ve made, which I think anyone can agree, is just as important.

So without further delay, here are my top 4 reasons to buy gold:

The Global Economy Will Remain Weak

Most economic forecasts don’t suggest a strong recovery any time in the near future. It might be until as long as 2012 before the global economy starts improving dramatically again. The IMF has forecast as little growth in the economy in recent years as there was in 1945.

In difficult times, gold becomes a default choice for investors to protect against the storm. Gold is considered a safe place to park your money when cash and other investments become volatile. Most gold ETF’s and hedge funds have seen significant growth over the past several years and will likely continue to do so until the global economy recovers.

Crude Oil Prices Likely To Rise

The cost of crude oil is often very directly linked to inflation, and inflation is very directly linked to the value of gold. Because of this, when crude oil performs well, as it has been doing for several quarters, gold usually follows it. This is another good reason to be watching the performance of gold and consider investing in it.

Dollar Likely to Depreciate Against Other Currencies

Currently the national debt rests at about 86 percent of Gross Domestic Product in the United States, and it is quite possible that it could continue rocketing upwards. With interest rates struggling to be controlled under a level of debt we haven’t seen since World War II, the dollar will likely struggle from poor performance for many quarters to come.

And when the dollar struggles, gold once again becomes the natural parking place for investors seeking to protect their financial wellbeing.

Gold Demand Exceeding Supply

When the demand for something rises while supply goes down, everyone knows that the price will go up due to scarcity, and the production of gold has been decreasing in many countries for years now. The South African Output declined 14% in 2008 and has been at new lows. Among other countries unable to produce sufficient amounts of gold are the United States, Australia and China, which all have seen very little growth in the past few quarters or even significant drawbacks in gold production.

Due to the scarcity, not only will gold protect your investments, it is likely to rise in value.

Anyways, the bottom line here is that you don’t want to trade all day long without protecting what you’ve earned. Regardless of whether you go for stocks, options or forex to secure your financial future more effectively, most experts advise placing around 10-15 percent of your portfolio, of which a significant portion of that should be gold.

If you’re interested in buying gold to protect your investments, I recommend getting some free information from Gold Source America and see what investments are right for you. They’ve been around for years and offer a free consultation to anyone interested in investing in gold. Click here to go to Gold Source America’s official website.

Hey all, I’ve been REALLY interested in trading Forex seriously for a while now. It’s one of the fastest, most leveraged ways to get an extra income in trading there is, right up there with options trading and penny stocks. So I’ve been doing some thinking and have decided I’m going to put up an experiment on this blog to see just how well one of my favorite trading systems works.

I may have told you about it already if you’re in my list. It’s called Forex Rebellion.

Forex Rebellion is an amazingly simple yet brilliant Forex trading system designed by an experienced Forex trader named Russ Horn. He gets tons and tons of new members every week who trade alongside him in the currency markets and make a KILLING at Forex trading.

On his website, Russ Horn demonstrates a live trade with his trading signals and system and claims to make 90 percent winners and only 10 percent losers while trading Forex. That’s a pretty incredible win/loss ratio in my opinion, and that’s something anyone could get excited about.

Now sure, Russ is a very experienced trader, but I imagine I can still get a lot of success out of his system with enough persistence and knowledge of the Forex Markets. I might not be able to make as much money as him, but hell, any money in the bank is sure going to help me out quite a bit! But before I can get that far, I want to figure something out…

I want to figure out if this product is as good as his sales page claims it is.

In order to do that, over the course of the next month, I’m going to make a FXCM paper trading account and post my live results trade by trade on a $10,000 account.

If this system works as well as he advertises, I’ll most DEFINITELY be taking it live! I’ll be sure to let all my members and visitors in on the success (or failure) I experience using this system so stay tuned…

And if you haven’t checked out Forex Rebellion yet, click here to take a look for yourself.

Hey all, for the members of my list who were fortunate enough to get in on this one on time, BLUG has been a pretty powerful player thus far. If you managed to get yourself in early as I usually tell people to do, you could have walked away with a significant portion of the 56 percent gain Blugrass Incorporated made today! That would’ve been very nice, especially since James hasn’t released one of his own picks recently.

Why was I strong on this pick? Well, I actually had multiple alert services telling me about it, first off, which usually tells me there’s something bigger going on than can be attributed to one or two people’s theories. Second, this is an oil company and while they are hitting a 52 week low, oil is hitting a 52 week high, which can only continue for so long! Basically, this stock just appears to be at its psychological support level for a pretty serious turnaround, and if you’d have been a member of my list, you could have gotten in on the trade too!

Anyways, that’s all for this post, keep an eye out for some free trading videos I’ll be giving to my list members in the coming weeks!

Today I want to ask my readers a quick question…have you ever heard of Robert Kiyosaki and Rich Dad Education? Suffice it to say, Robert Kiyosaki is probably one of the most successful entrepreneurs and investors in the country and has not only monstrous wealth and success but also a massive image and reputation that he’s upheld over the years ever since writing his books.

I have been answering a lot of questions about educational material, tools to use and other resources that can help you improve as a trader, and one of my list members mentioned this resource to me so I figured I’d do a brief post about it.

But before I go into detail about Rich Dad Education, let me give you a brief summary of some of Robert’s books including his most famous release, Rich Dad Poor Dad. In Rich Dad Poor Dad, Robert talks about the history he has with his coming of age with two fathers, one a self made wealthy entrepreneur and the other a hard working but financially illiterate government worker. Suffice it to say, it has plenty of information that is very common sense to wealthy people but often completely unknown information to ordinary hard working people. Not a lot of people understand that the rich make their money work for them and the poor work for money, to give an example of just one. Great advice, by the way.

While I avidly recommend his books and the education offered by Rich Dad Education, I have some pretty stern warnings about certain business practices they have been utilizing that I want my members to be aware of. First of all, let’s be clear about what Rich Dad Education is: education! They are seeking to make you a knowledgeable trader, and that takes a lot of time and money. So don’t expect them to give you this stuff cheaply: their introductory seminars are 500 dollars, and it costs at least 3000-5000 dollars per each class, not including the cost of mentoring. Overall, to get a decent amount of education, you are looking at paying upwards of $30,000 for a few weeks of classes and some mentoring! Pretty nuts, but STILL not as bad as a 4 year school for how much you can get out of it, in my opinion. That is, if you can afford it, of course.

But that’s not what pisses me off about Rich Dad Education. Yes, I just used a vulgar word, because as usual, I’m being completely honest. What pisses me off is that Robert Kiyosaki was a salesman long, long before he became a teacher, and it shows on the people he hires to work in his company. They are very aggressive pitchmen who will work to make you feel as uneducated about whatever they are teaching you as possible so that you will trust them with thousands and thousands of dollars to take their courses and mentoring. They will often do shady, untrustworthy things like show you how to extend the limits on credit cards so you can pay for these classes in order to break out of the Rat Race.

Do people who need to extend the limits of their credit cards to afford this stuff really need to be investing thousands and thousands of dollars in the financial markets? This is why Rich Dad Education has gotten in trouble with the SEC a number of times since they began business. They are very aggressive in their marketing, and while the product is great, it is a bit overpriced and makes some insane promises about the results. Hence, all the complaints. Here’s a list of complaints filed against Rich Dad Education you should take a look at before signing up: http://www.complaintsboard.com/?search=rich+dad+education&everything=Everything

Now I’m not saying you shouldn’t get started with this company, I just want people to be aware that for the price you can do much better. I’ve been to their seminars and taken a few classes from Rich Dad and can honestly say, for the price, there are better things you could get. Just take a look at any of the products featured on this site for an idea of what to get in on that can help you trade without draining your wallet quite so ruthlessly.

However, if you really are intent on a financial education, check out Investools. They are backed by TD Ameritrade, which is much more reputable and well managed than Rich Dad, and while they are still pretty pricey, they still aren’t quite as bad as Rich Dad. Plus, they don’t have an army of annoying, overzealous, slick, former used car sales pitchmen to build you up with unrealistic dreams of wealth and perfection AS SOON AS YOU SIGN UP FOR OUR $35,000 CLASSES AND MENTORING!

Give me a fucking break already.

Anyways, leave comments below and I hope you guys enjoyed the post. Keep trading strong.

First of all, just want to give a quick shout out to all my PSP members who managed to get in on James’ most recent trade! It’s been one of his only trades this month, but the wait was well worth it. As you can see by the chart, Lyric Jeans is up well over 100 percent in just a few days, amazing gains for those of you who managed to pull the trigger when it was at its low point when being first picked!

I didn’t manage to get in on this trade unfortunately, as I’ve been sick and have been working on other projects, work, other websites, etc.. Trust me, I’m kicking myself for it now! Anyways, sorry it’s been so long since my last post and I will continue to update you guys on developments with the website as well as great trades with any of the systems I’ve got going including the Penny Stock Prophet.

Finally, to those of you who haven’t gotten in on PSP quite yet, I’ve got some great news! In the next week or two, I’m going to be launching an INSANE bonus for new subscribing members to James Connelly’s service! So if you didn’t already have enough of a reason to get started, I will be adding another few reasons, for FREE! The response I’ve gotten from this product with my subscribers has just been too nuts to pass up, and so I feel the need to give even more value to my members and James by throwing in a bunch of free ebooks, videos and perhaps even some audio downloads to get you guys started in the financial markets…

Anyways, to get your copy of my upcoming bonus, all you will need is to buy through a link on this website! I’ll be putting up a sales page and a members area for you guys in about a week or so with all the details, but the bottom line is so long as you buy through a link on my site, you will be able to grab your copy of my PSP bonus quickly and easily by shooting me an e-mail on my contact page!

For those of you who want to get in on this early to make sure you get a copy later, I recommend grabbing a copy of the Penny Stock Prophet from the link below and opting into my list, and I will let you know as soon as the members area of my PSP bonus goes live!

So I subscribe to a couple of different penny stock alert services, really only one that I recommend but a number that I use on occasion to explore other opportunities in the market. What’s interesting to me is that this past week, I have two separate penny stock alert services coming into my inbox, both of which happened to recommend the same stock. Those of you who are in my list know what that stock is: RCYT, or Recycle Tech Inc. One of my alerts came in Monday night, the other came in Tuesday night. Here’s a look at my gmail inbox for some proof of what exactly went on and why it’s so significant:

You can see that I have en e-mail in my inbox from James Connelly on Monday night the 22nd of February and another e-mail on Tuesday night the 23rd of February from Penny Stocks Expert. What’s truly embarrassing for Penny Stocks Expert is the fact that they recommended a penny stock that was already on its way down by the time they got around to finding it, meaning that the rally was over. The rally had occured on Tuesday, the day after I got an alert in my inbox from James Connelly to check this stock out and get in on the rally.

In other words, even though both services recommended the same stock, with Penny Stock Prophet I would have made around 30-50 percent gains, and with Penny Stocks Expert, a free service, I would have lost the same amount. I feel bad for people who use this alert service as a lot of them have probably lost money due to bad market timing. Truth is, market timing is key to trading well in penny stocks, and if you don’t believe me, let me lay out my case for you and prove it. You can check this data on any other charting service yourself if you feel I’m lying but this is the honest to God truth and I won’t hold back anything from my readers:

Do you see that giant green bar at the beginning of the day on Tuesday? That’s the giant green bar you would have gotten if you were subscribing to James Connelly’s Penny Stock Prophet service. You would have seen gains of anywhere from 30-50 percent within a few hours time. Pretty amazing.

Now look past it to the start of Wednesday. See that giant series of red bars plummeting into the ground like a high school drop out plummeting into the unemployment office? That is the amount of epic fail you would have received had you gone with Penny Stocks Expert, a free service, over James Connelly’s service. Some people might think that you can get the same things for free just by subscribing to a couple of newsletters, but if you ask me, free picks are garbage picks, and this is just one example of that. If you want to save money on your alert service by going with a free, half assed piece of crap penny stock newsletter, then feel free to sign up for any of the thousands of penny stock alerts out there. But if you want to actually make money in the micro cap markets, Penny Stock Prophet is the way to go.

The amount of money you could have made on this single trade with a 300 dollar investment would have paid for your membership, as opposed to what it would do to you had you not paid for it and gone with the free service. The moral of the story here is you get what you pay for. So if you’re ready to get started making money in micro cap stocks and treat it like a business rather than a hobby, click here to check out Penny Stock Prophet for yourself.

Always a pleasure.

-Eric Conklin

James Connelly, A.K.A the Penny Stock Prophet made what appears to be a solid pick for my Tuesday trade. ISPI is a bio fuels stock that has been showing significant congestion and signs of impending upward momentum for several days now. This particular stock jumped out of the gates this morning with a massive volume of 2.5 million and has already seen a gain of 28 percent from its opening price, making it a great pick to scalp. Here’s a look at the chart:

Since it’s already yielded almost a 30 percent gain ever since the green light was given, it’s probably a wise choice to consider exiting the trade regardless of whatever James’ advice is in regards to the stock as it may turn around. I am a conservative trader and hate to hold onto these micro caps for much longer than a little bit, so it’s very important for me to scalp, take the profits and get the heck out as soon as I can.

If you still haven’t gotten in on the Penny Stock Prophet alerts that I use, click here to start making money in micro caps once and for all.