In today’s episode I’m going to share with you the pros and cons of penny stocks.
Penny stocks are hugely attractive, and they are great for certain types of traders. But they’re horrible for other types of traders.
In this episode we’ll cover the advantages and disadvantages of penny stocks, so that way you can make a rational decision to see if penny stocks are right for you.
We’ll talk about things such as their low price, manipulation, getting delisted, regulation issues, risks related to penny stocks, and more.
Posted at: http://tradersfly.com/2015/02/pros-cons-penny-stocks/
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Toy Story shirt
Hes great…..no fluff. .straight shotter… doesn't ask for a dime..
I love your videos….but man..I would love to see you absolutely lose your bleeping cookies on a bad trade..or in a road rage video,lol. You are sooo bob ross
Penny Stocks are good if you do your research about the company. However, don't bet your money you cant afford to lose on Penny Stocks because they are risky investment coz either you get riched or you get broke.
when your starting with only $500 , you dont have any choice but to buy penny stocks , thanks for the vids , very well explained
really good share. thank you! do you trust bar chart's opinion w/regards to these stocks.
This is a waste of time spare it and go watch something else. He is just poking around the bush, and not saying anything that can be usefull.
Damn it Penny stocks you so cheap but you are like the Mega lottery………………….LOL.
My friend made me cringe when he said he thought the federal government steps on once a stock goes below $5 so people don’t loose to much money. When I told him that
A not the way it works he said the government should step in. Wow!
I remember my first penny stock it funny but it a true story. I brought 400 shares of hmny and it went from 4.95 to 3.50 so I thought nothing of it because it went to $6.00 two weeks ago. so each day it was losing 5 cents and I thought nothing of it. But something strange happened. when I was in the airport bus line I saw a guy who looked like the coo for movie pass walking in the middle of the high way with a black suit on. I said to myself omg that guy look just like the coo from movie pass. But i kept the stock anyway I SOLD it at 2.00 right now it trading 0.01.
I always heard the opposite. Something that's cheap is NEVER good, according to the people I grew up listening to. They used to say "You get what you pay for," and Wal-Mart's cheap products have proven that statement right beyond all doubt. I'll never buy a damn thing from them again.
You don't hold penny stocks for a long term or swing. Only daytrade, momentum or even scalping trades.
Great advice as always. Thank you
hey i was struck by lightning (:
How the hell did you learn all this stuff for someone so young?
Your a true leader kid.
Can i contact you please. I wonder if i could use you as a mentor of sorts, or rather ask you questions that you some questions privately that you may have answers to
I saw 65 million day volume in one penny stock.. lots of erational exuberance at the moment.. I have 5 penny stocks in my portfolio over 50 percent gain.
I found a penny on the floor drinking a beer and watching..should I promote it?
Do you even trade? Sounds like your not a penny man. If you know what you’re doing penny stock is just like all stock. Strategy is everything!
Nice vid. My question is, should take in account the market cap size + float + Price? meaning to stay a way of penny stock, should trade market cap that is mid or large and float size is huge? thanks
I live in UK and work and work 2:30pm – 10:30pm shifts which in EST time is 9:30am – 5:30pm. Does this mean I'll miss the markets so can't trade Penny stocks ? ??
guys don't do penny stocks just buy sbux stock
People that buy into crypto coins should watch your video. These people think every new coin on the market is a new way to get wealthy overnight.
great advise man..
I can't stop seeing Dane Dehaan when I watch this guy's videos.
I wish they were more affordable to trade on tradeking. Could tradeking just deduct the commissions u have from the cash in your tradeking account?
Sounds like its safer to cook meth and sell it.
great vid !
become an Amazon FBA seller in books – use online arbitrage software to buy books then have prep company get it to Amazon's warehouse then set a repricer. You'll double your money within a year
Yes make sure you invest no more that you can lose, because your gonna F$%^&^% lose it! LOL
Penny stocks are definitely for your sandbox, not your lockbox.
Thanks Sasha, I am just starting out trying to learn learn a bit before I try anything with stocks. I appreciate you sharing knowledge!
if i cant get shares to short, i dont trade them lol
dam right screw penny stocks
Why not learn to trade the bigger stocks now? Well just the simple face that it's too expensive. Once i make 1 million them i'll move to normal stocks. But penny stocks or even options is better for someone who doesn't have all that money to start with.
Sorry Sasha this is bad advice..