The Complete Penny Stock Course: Learn How To Generate Profits Consistently By Trading Penny Stocks Paperback – April 9, 2018

Unfortunately for Jamil Ben Alluch, most people have no idea who he is and assume that Tim Sykes wrote this book. Tim is a master promoter and a master teacher as well. After being a student of his for a few years now, I've seen enough people "succeed" in penny stocks that I know it can be achieved. While "success" to some might equal becoming his next millionaire student, all it means to me is being able to trade full time and NEVER need a job again -- making enough income trading to replace what I made in my previous roles. While I'm not yet there, I'm close enough where that will be a reality by 2020. The key is really sticking to Tim's rules, especially cutting losses quickly and having a plan on EVERY SINGLE trade. I can't stress that enough. I don't ride supernovas to the top; once they hit my goals (10-20%), I'm out and onto the next moves. You have to be happy with singles over and over and over again, and by cutting losses quickly (usually 5% for me), it's how you achieve a level of success overtime. "Hope" is not a strategy, so if a stock drops and hits my out point, so be it; I'm not going to wait around for imaginary news or volume to kick it back up.Back on topic... I know that anything Tim produces or recommends is worth checking out, due to the fact that there are several people that have succeeded because of his teachings, so I thought I would check out "The Complete Penny Stock Course". Being that I've been a trader for quite awhile, I think TCPSC is a great book for beginners. If you've watched Tim's Pennystocking DVDs or "How To Make Millions", you'll learn much more than you will through TCPSC.However, if you ARE a beginning trader and just starting out with a (very) small account, check this book out simply due to the fact that it's more affordable for somebody that has a small account and might not be able to afford expensive courses or DVDs. This is a great primer for you to move onto other things, but if you've already traded for awhile, there's very little this book will teach you. It's an extension of StocksToTrade, so that software will be recommended over and over again; it's not quite to the level of being an advertisement for STT, but it's mentioned a lot.For people who are just starting out, definitely get this book. It'll be worth the small investment (price) in the knowledge you will gain.After you read this book, then I would HIGHLY recommend Tim's "How To Make Millions" as it's over 30 hours of information on DVD and you'll learn so much from it, from the mental/emotional aspects of trading to chart patterns and so on. Whether you purchase this book or DVDs or become one of his Millionaire Challenge students, follow... the... rules. The times I've lost in a trade, when I review my notes I find out that 95% of the time, it's because I didn't follow these rules.TL;DR VERSION: If you're a beginner, buy this book. It's GREAT if you're just starting out, hence the 5 stars. If you have some experience trading, it's NOT the book for you.

I have read this book, watched Tim Syke's How to Make Millions DVD, and am a silver member subscriber to his service. After watching many hours of his content, I would say this book is a great overview of everything put together. There is a lot of great information in here that has been taken out of his videos and compiled into one place. One thing about Tim's videos is he loves to talk a lot. The downside to this is he sometimes does not explain the "why" of what he's doing rather than more or less "i did this here because it's what I like to do, don't question me, if you watched my videos you'd know why. If you haven't watched my videos you're lazy." If you're one of the people that wants Tim to answer the question of "Where do I start?" without his response of "Watch ALL of my videos, you lazy ass", read this book first. I would especially recommend this since Tim's educational materials can be a bit pricey at times. Read this first to see if Tim's strategy is a good fit for you before spending hundreds and thousands of dollars on his DVD's, subscriptions, and services. The one thing I do not like about this book is that it is somewhat of an advertisement at times for Stocks to Trade, which is the stock research tool developed with the help of Tim Sykes and created by the author of this book. Stocks to trade can be a valuable resource, but it is expensive and not completely necessary for beginners.

Thank you Jamil for laying this out so nicely. This book is more than just an introduction to penny stocking as it breaks down different patterns for both long and short selling, what to expect from your broker, what rules must be followed as a trader, how to keep discipline both in a trade and when doing your studies. I have 30 or more books on my shelve and all of them are good for what they are titled for but this is by far the best when it comes to what the title says "The COMPLETE Penny Stock Course" and at $29.00 please feel free to reply to my post and let me know a better $29.00 book filled with as much information on every topic as this book does. Yes there are better books for TA, or charting, or going long, or going short, but it the whole books agenda not just a subchapter in a chapter. You might not be good at it but as a penny stock trader I'm here to say that you could read this book studying each chapter as you go and by the end place winning trades. I have spent thousands on mentors and will never regret it as it has paid for it self many times over. But this book is the best $29.00 you can spend to help figure out if the stock market and maybe a mentor to accelerate your skills is right for you. My only suggestion I have is to use something like Yahoo Finance to look at the charts as they are hard to see in book size and they are not in color. Every chart has the ticker symbol along with the date of which it was shown from so looking at full size in color on your computer is a breeze. Enjoy your reading of this book (I know I did) and good luck if you enter the market.

I left out the last star because the charts in the book , at least the copy shipped to me, are so badly printed that its hard to read. The graphics print looks faded. You need a magnifying glass to see the charts, seriously !