{"id":1082,"date":"2018-07-09T06:00:54","date_gmt":"2018-07-09T13:00:54","guid":{"rendered":"https:\/\/www.steadytrade.com\/?p=1082"},"modified":"2019-04-05T12:02:57","modified_gmt":"2019-04-05T19:02:57","slug":"ep-47-complete-penny-stock-course","status":"publish","type":"post","link":"https:\/\/www.steadytrade.com\/ep-47-complete-penny-stock-course\/","title":{"rendered":"The Complete Penny Stock Course"},"content":{"rendered":"\n<div id=\"backtracks-player\" data-bt-embed=\"https:\/\/player.backtracks.fm\/st\/steadytrade-com\/m\/ep-47-the-complete-penny-stock-course\" data-bt-theme=\"dark\" data-bt-show-description=\"false\" data-bt-show-comments=\"false\" data-bt-show-art-cover=\"true\">\n<h1><b>Episode 47: The Complete Penny Stock Course<\/b><\/h1>\n<\/div>\n\n\n\n<p><span style=\"font-weight: 400;\">At The Steady Trade Podcast, we strive to educate traders in a variety of ways, so that they can enjoy long, sustainable careers as investors. As part of this mission, hosts Tim Bohen and Stephen Johnson occasionally interview movers and shakers in the trading field to offer insight and inspiration to listeners.<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In today\u2019s episode, Tim and Stephen interview Jamil Ben Alluch, a penny stock trader and author of the book <\/span><a href=\"https:\/\/www.amazon.com\/dp\/0692992677\/\"><i><span style=\"font-weight: 400;\">The Complete Penny Stock Course<\/span><\/i><\/a><span style=\"font-weight: 400;\">. This revealing talk includes thoughts on successful investing, what it takes to make it as a penny stock trader, and yes, some discussion about <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=H2YBjzwgQOw\"><span style=\"font-weight: 400;\">Bruce Lee in autotune<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Jamil\u2019s Journey<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Jamil comes from an engineering background. He became interested in penny stock trading in 2014. Like many traders before and after him, he joined the Tim Sykes Challenge to further his education. <\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">When he joined, he felt bombarded by all of the many manuals, DVDs, and resources which came his way. But he was a diligent student: he watched all the DVDs and pored over all of the study guides. While the material was all great and boosted his confidence as a trader, he felt it wasn\u2019t organized extremely well. <\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">This makes sense. After all, teaching the art of trading penny stocks is relatively new. Tim Sykes has been a pioneer and provides plenty of amazing information, but the delivery is ever evolving in ways that make the information easier for traders to absorb. <\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Even though he was a new trader, with his engineering background and years of school behind him, Jamil had a knack for organization. So, he decided to set himself to the task of organizing all of the information that he had learned in a more user-friendly way. <\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>From newbie trader to author <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">For Jamil, the book actually started as a guide he was writing for himself as a clear-cut penny stock manual. He wanted a structural guide that he personally could follow. However, in noticing that other members of the Challenge were having similar trouble keeping up with the myriad of study material, he decided to release it to the public in book form. <\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">In the interview, you\u2019ll learn how Jamil organized the collective strategy of successful traders in a structured manner. The resulting book is brilliantly laid out: the chapters are short and easy to read, and feature clear-cut bullet points, summaries, and clearly convey information. <\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>What are the key points? <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Let\u2019s make one thing clear: by simply reading this book, you won\u2019t instantly become a successful trader. As Jamil says, \u201ctrading penny stocks does require a lot of dedication, patience, and hard work.\u201d It\u2019s not something that you\u2019re going to master in a day. So what does he want some of the biggest takeaways to be? In the interview, they discuss several, including: <\/span><\/p>\n\n\n\n<ul><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trading isn\u2019t just about techniques; the psychology of trading is just as important.<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Why concentration, dedication, and emotional control need to be taken into consideration when you are trading. <\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">How to create your own rules and then stick with them; why <\/span><a href=\"https:\/\/www.steadytrade.com\/building-a-trade-plan\/\"><span style=\"font-weight: 400;\">trading plans<\/span><\/a><span style=\"font-weight: 400;\"> are so important.<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">While education is important to success, trading still takes time to master. <\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Why repetition, routine, and consistency are key to finding success as a trader. &nbsp;<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Don\u2019t try to build your money account. Instead, focus on building your experience account. <\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Losses assimilate lessons; how and why failures are hugely important to new traders.<\/span><\/li><li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">What it takes to be successful in the market. <\/span><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Taking the next steps <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">From there, they go into specifics about how to use the book to help improve yourself as a trader and Tim and Stephen talk about their favorite aspects of the book. You\u2019ll also learn what Jamil\u2019s favorite part of the book and what he considers the most essential trick to controlling and managing yourself during trading! <\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Ready to buy the book? <\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">The book is available <\/span><a href=\"https:\/\/www.amazon.com\/dp\/0692992677\/\"><span style=\"font-weight: 400;\">on Amazon<\/span><\/a>, <a href=\"https:\/\/amzn.to\/2t3o22q\">Kindle<\/a>, <a href=\"https:\/\/apple.co\/2xg4yft\">iBooks<\/a> and <a href=\"http:\/\/bit.ly\/2Kcm6uP\">Google Play<\/a><span style=\"font-weight: 400;\">&nbsp;now, with the audiobook version coming soon! You can also check out <a href=\"https:\/\/completepennystockcourse.com\/\">The Complete Penny Stock Course website<\/a> with material to complement the book and expand on the lessons. <\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Win a FREE COPY of The Complete Penny Stock Course.<\/strong><\/h2>\n\n\n\n<ol><li>Record yourself asking a legit stock trading question to Stephen and Tim<\/li><li>Email that recording to <a href=\"mailto:admin@steadytrade.com\" target=\"_blank\" rel=\"noopener\">admin@steadytrade.com<\/a><\/li><\/ol>\n\n\n\n<p>You should be able to do steps 1 and 2 all from your phone, but there are other ways to do this as well. \u00a0The first 10 listeners to submit a legit question will win a free book. \u00a0It&#8217;s as simple as that.<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" width=\"1080\" height=\"608\" src=\"https:\/\/www.youtube.com\/embed\/6pt5S5s9VIA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><b>Did you love this episode? Be sure to leave an <\/b><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/steady-trade-the-profitable-side-of-trading\/id1275946076?mt=2\"><b>iTunes review<\/b><\/a><b>!<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Episode 47: The Complete Penny Stock Course At The Steady Trade Podcast, we strive to educate traders in a variety of ways, so that they can enjoy long, sustainable careers as investors. As part of this mission, hosts Tim Bohen and Stephen Johnson occasionally interview movers and shakers in the trading field to offer insight [&hellip;]<\/p>\n","protected":false},"author":2283,"featured_media":1089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Complete Penny Stock Course - SteadyTrade.com<\/title>\n<meta name=\"description\" content=\"In today\u2019s episode, Tim and Stephen interview Jamil Ben Alluch, a penny stock trader and author of the book The Complete Penny Stock Course. 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