Categories
Guest Post

Hacking ETrade – The Only Way To Earn A Living With Penny Stocks

Penny stocks are fucking garbage, and no one with any sense should contribute to the VAST majority of those markets. At one point in my life, I had a lot of fun trading that garbage until I realized two things:

1. I was a way bigger fish than the market could handle. It would take me days to liquidate positions that I had built up over a month because there simply wasn’t the liquidity that was required for my bankroll to flow in and out of the market without actually making the market. This was a blessing and curse; honestly, the lessons I learned here were extremely valuable for Cryptocurrency. (Crypo is/was this same issue times 100.)

2. Stock structure can change with a few signatures and fuck shareholders beyond belief. This can also happen in Cryptocurrency & Bitcoin, but people don’t really like talking about it & so far so good.


I did, however, find one sure way to make money while trading penny stocks. It required using ETrade’s platform.

ETrade would give new users “500 Commission-Free Trades” for signing up. What this actually meant was that ETrade would refund your first 500 trades the day after your trade.

I found that if I bought 500 shares of company ABC for $1 per share. ETrade would charge $500+$9.99 the day I purchased the stocks. The following day the refund for $9.99 would be added to my account.

I found that if I sold 1 share of ABC for $1. The most the ETrade system could charge me for the trade was $0.99; however, the following day, the system would still refund the $9.99!!! $9 profit from a $1 stock after one day of holding is a pretty awesome deal.

Each click was $9.99 for the first 250 clicks and then the pricing changed, but the same logic applied.

The lesson you can learn from this is to “Audit fucking everything”. It’s unreal how many millions of people don’t audit a fucking thing.

You maybe shocked to see what you find and what doors it can open for you. 🙂

(PS: ETrade fix this issue without giving me a fucking penny. Lol RIP, o well, and I didn’t get kneecapped either… so that’s a plus!)

By Steven Steiner (BAC)

Steven Steiner is CEO of FreeBitcoins.com, President of MY LLC, & is also known as BayAreaCoins on Bitcointalk.

29 replies on “Hacking ETrade – The Only Way To Earn A Living With Penny Stocks”

Hello there! I could have sworn I’ve visited your blog before but after going through a few of the posts I realized it’s new to me. Anyhow, I’m definitely delighted I stumbled upon it and I’ll be book-marking it and checking back regularly!

Heya i am for the first time here. I came across this board and I find It really useful & it helped me out a lot. I hope to give something back and help others like you aided me.

I was wondering if anyone knows what happened to Dime Piece LA celebrity streetwear brand? I am having trouble to check out on Dimepiecela site. I have read in Teen Vogue that the brand was bought out by a UK-based hedge fund in excess of $50 million. I have just bought the Meditate HeavyBlend Crewneck Sweatshirt from Amazon and totally love it xox

I oversee a vape store directory site and we have had a posting from a vape store in the USA that likewise offers for sale CBD items. A Month later, PayPal has written to use to claim that our account has been restricted and have asked us to take away PayPal as a payment method from our vape store web directory. We do not sell CBD items like CBD oil. We merely provide internet marketing services to CBD firms. I have checked out Holland & Barrett– the UK’s Well known Health Store and if you take a close look, you will see that they sell a fairly wide-ranging variety of CBD products, primarily CBD oil and they also happen to take PayPal as a settlement solution. It emerges that PayPal is employing double standards to different companies. Due to this constraint, I can no longer take PayPal on my CBD-related internet site. This has constricted my payment choices and now, I am intensely contingent on Cryptocurrency payments and direct bank transfers. I have sought advice from a barrister from a Magic Circle law firm in London and they stated that what PayPal is undertaking is altogether illegal and discriminatory as it should be applying a systematic standard to all companies. I am still to speak to one more lawyer from a US law office in London to see what PayPal’s legal position is in the United States. For the time being, I would be extremely appreciative if anybody here at targetdomain could offer me with substitute payment processors/merchants that work with CBD companies.

I do believe all the concepts you’ve presented to your post. They’re very convincing and can certainly work. Still, the posts are very quick for novices. Could you please extend them a bit from next time? Thanks for the post.

Do you have a spam issue on this website; I also am a blogger, and I was wondering your situation; we have created some nice procedures and we are looking to swap strategies with others, be sure to shoot me an email if interested.

I抎 have to check with you here. Which is not one thing I often do! I enjoy reading a put up that will make people think. Also, thanks for allowing me to comment!

Hi there! I know this is kinda off topic but I was wondering if you knew where I could locate a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having problems finding one? Thanks a lot!

When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get three e-mails with the same comment. Is there any way you can remove me from that service? Thank you!

I’m really inspired along with your writing talents and also with the format to your blog. Is this a paid subject or did you modify it yourself? Either way keep up the excellent quality writing, it抯 uncommon to see a nice weblog like this one nowadays..

Leave a Reply

Your email address will not be published. Required fields are marked *