Why are People Attracted to Penny Stocks?

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Posted at: http://tradersfly.com/2015/05/why-are-people-attracted-to-penny-stocks/

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8 COMMENTS

  1. I haven't even started trading yet. I've spent the last couple months researching everything I can about the market, and how this stuff works. I'm SO excited to open an account and start. Just want to thank you for all the videos and info!

  2. True about study. Even penny stock guys say STUDY and be consistent. But i know at least 2 guys who play with penny stocks (some of my coworkers). Lol its funny cuz they don't have any idea about trading. Thay know nothing about technical analysis. They just think medical marijuana is good and they buy it and wait for months. Glad i met Sashas videos. Learn a lot from you. I think penny stocks are more for day traders. That what i learned from penny stocks professionals. They never hold them few days. They buy and sell quickly.

  3. Great advice, for sure something that every beginner needs to hear. Sadly, maybe there is no better way to start if you have a small account don't you think? As those pitfalls that you mention do not compere with the complexities of trading other securities, such as options for example; I wouldn't recommend those if you're just starting up. What do you think?

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