Many people don’t take penny stocks seriously. Penny stocks are those stocks that typically trade for less than $ 5 per share. Most of these stocks are traded on the Over-the-Counter Bulletin Board (OTCBB) and Pink Sheets. The regulation on OTCBB is not as strict as regular stock exchanges like the New York Stock Exchange (NYSE).

This makes trading penny stocks a bit risky. So invest only the money you can afford to lose. The best way is to start with something like $ 200 and turn that amount into a large sum of overtime. What this means is that you are not going to add more to that $ 200 and let it grow over time with a series of well-planned operations. This way, you will never lose more than $ 200 of your hard-earned money at this venture.

This is the story of James Connelly, an Ivy League statistical genius, and how he found a secret mathematical formula that would tell him when a penny stock was on the verge of a breakout and about to make a big move in the market. He started with just $ 1K and in just 38 trades he turned that amount into $ 1M in 1 month. Their average return per trade was 20%.

As a student, James Connelly majored in math with a primary focus on finding winning stocks. He was convinced that he could find a statistical formula that could predict winning actions. He spent months researching trading patterns, volume, and resistance levels to find the secret recipe that would predict the winners.

Finally, he discovered that the level of psychological support (PSL) was the key variable that determined the four shared variables of the winning actions. He developed an algorithm that used PSL as a key factor in determining the winners. He applied that to penny stocks and was able to pretty much demonstrate how anyone can turn $ 1K into $ 1M with penny stocks. He is also known as Prophet Stock!