In this article I am going to tell you all about James Connelly and how he went from having very little money as a student, to trading his way to over a million pounds in just over a year using a system he created himself.
Who Is James Connelly?
When he was only 19 years old, James was studying and actually doing pretty well. He actually found it rather easy and because of this doing studying eventually became boring. James Connelly searched for a new challenge that would get him fired up again. He found it when he started looking at trading stocks for financial gain.
College Student to Trading Success
The stock market wasn't something that James suddenly decided to take an interest in when he was 19. He had actually been interested in it years before and found the idea of making lots of money from it an intriguing and exciting proposition.
Developing A Strategy
James knew that if he could solve the puzzle of the market, he could formulate his own strategy which would give him a positive advantage over other stock traders. He knew that to get it right would take a lot of experimenting but the payoff, if he got it right, would be huge.
Breakout Stocks
He began to look at methods which would identify stocks that were ready to breakout. What this means is a stock that looks like it will soon break out of a trading range or previous high. When stocks break above these levels, they have no previous history so they can rise dramatically.
Learning The Ropes
James Connelly began by opening a trading account with a broker during his first year at college. He started tentatively and kept his stakes small until he had enough knowledge and experience to win consistently enough to scale things up and weigh in heavier.
4 Key Variables That Changed His Life
After much research, study and experimenting, James Connelly discovered 4 key variables which would help him identify a breakthrough stock with a degree of confidence. By observing these variables and trading accordingly, James was able to place consistent and successful trades.
James put his strategy to the test in the regular stock market at first. He recorded a 28% average gain on over 11 days in a 30 day period. These results showed what a success his system was, but he decided to up the ante and test it out on penny stocks as well. The results were even more impressive and during a 30 day period he recorded 45% average gains on trades places in just 24 to 48 hours timeframe.
Penny Stock Prophet Newsletter
Instead of selling his system, James Connelly decided to open up a members service called The Penny Stock Prophet, which is a newsletter that provides penny stock alerts to members on a weekly basis as well as updates on penny stocks identified by his system. As a member, James shows you how to set up limit orders and provides research on the penny stocks he has chosen.
Read more about
James Connelly and discover how it's possible to make $1 million in just 38 trades starting with $1000 with his Penny Stock Prophet trading system by visiting =>
http://www.pennystockinvestingtips.com
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