In this article TheStockWizards.net will cover one of the best money making strategies when day-trading penny stocks. This trading technique is used mostly by full-time penny stock professional traders that are able to sit in front of a screen all day long. When played correctly the bounce play can be one of the fastest, easiest ways to make quick money in the professional field of trading penny stocks.

Warning!! A bounce play played incorrectly can totally wipe out your account if you do not know what you are doing. This takes a lot of experience to attempt this kind of strategy. The timing of a bounce play is very critical in nature. There are many factors that need to line up to attempt a successful bounce play.

If your personality as a trader or investor is very aggressive, this strategy will come very natural to you. Think of a bounce play as a rubber band. From for a moment pretend that you have a rubber band in your hand and take the rubber band with both hands and stretch it as wide as you can. The farther you stretch the rubber band the greater the force will be when you let go of one side.  There is great force and velocity behind that. This is what you’re looking for when playing a Penny Stock bounce play. Read the rest of this entry »