Review: PennyStocking DVD

This DVD offers the basics of not just Tim's strategy, but also the basics of how penny stocks trade in the bigger picture, which makes this DVD uniquely helpful to people who are just starting out trading. Considering this, I would recommend this DVD to those people who don't have much experience with trading and aren't familiar with the nitty-gritty of trading.

Potentially the most helpful part of this DVD is the overview of the most relevant technical analysis. The reason I like these sorts of DVD as opposed to some of Tim's recorded seminars that are then recycled as DVD's, is that you get to see example after example of stock chart along with the technical indicators that can tip you off to how to trade it. Since the patterns don't change from pump to pump, these examples are extremely useful to see and absorb into your mind.

Of course the downfall is that stock charts are always viewed in retrospect. Regardless, Tim does a good job of identifying the sort of patterns that occur BEFORE big moves, thus allowing you to learn and profit from current pumps. What's nice is that he is very aware of this problem and even includes some charts that don't include the big moves so you get a sense of exactly what you would be seeing if the stock were trading today.

If on the other hand you've been trading for a while already, you might prefer something like Best of LiveStock, since it skips the more basic and general trading orientation, instead concentrating on Tim's short-selling strategy itself.

There is also some interesting but useless stuff like advertising of Tim's book and how he published it.