Should You Be Trading Penny Stocks?

Published on July 8, 2021

Interesting clips top searched penny Stocks To Waatch, Best Stocks To Buy Now, Stocks Traders, and Are Penny Stocks Worth, Should You Be Trading Penny Stocks?.

Should You Be Trading Penny Stocks?
To get the transcript and MP3, go to: https://www.rockwelltrading.com/coffee-with-markus/should-you-invest-in-penny-stocks/

Intro: 0:00
Pros of Penny Stocks: 0:22
Cons of Penny Stocks: 2:28
BIOC Pump and Dump example: 2:50
TNXP Pump and Dump example: 7:31
Summary: 9:41

Should you be trading Penny Stocks?

In this video, I’ll show you the pros and cons of Penny Stocks so that you can decide whether Penny Stocks are for you. Can you make money with Penny Stocks? Is it worth your time?

It’s very easy to find the pros of Penny Stocks because everyone is telling them to you:
– You can start with as little as $1,000, with stocks trading between $0.10-$1.00.
– It can only go up
– You can “easily” make 100x
– Small moves could equal big gains

What are the cons of trading Penny Stocks?
-Often a Pump and Dump Scheme

According to Robintrack, a website that tracks how many Robinhood users have a stock in their portfolio, and one of the Penny Stocks that Robinhood users like to trade is BIOC. Around 70,000 Robinhood users own it.

Earlier this year, the stock was trading at $0.32, then suddenly jumps up to $0.80. Well here’s what happens, and why it’s called a “Pump and Dump” scheme.

People were saying “you have to buy this” and BIOC even tweeted something, and this is when some people jumped on it, but most people didn’t put BIOC into their portfolio until the initial jump was over.

These Penny Stocks are not traded at a regular exchange. They are traded OTC “over the counter.” Often these companies will pay people to send e-mails to thousands, and thousands of people promoting the stock. This is when insiders buy the stock, before the hype. Then when the e-mails “pump” up the stock” they “dump” it after the price goes up.

Often time, when you look at these companies’ earnings, they fail to make a profit year after year, and quarter after quarter.

TNXP is another stock that is very popular among Robinhood users. If you look at their charts, you see a very similar thing happening where you can see on the chart how the pump and dump work. You can see spikes on the chart where insiders are buying it before they hype it up with e-mails and fake news, and then you can see where these insiders dump the stock after it has been hyped up.

You see these spikes on their chart over and over again.

In Summary:
– You are gambling.
– People who buy Penny Stocks use the “spray and pray” approach. They buy Penny Stock from many companies hoping one of them work out.
– Most Penny Stocks are junk.
– If you want to trade with a small account, trade options.

Should You Be Day Trading?: https://youtu.be/lJSNGR1A50Y
Is Bitcoin A Good Investment?: https://youtu.be/amnn-N5AiAI

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Are Penny Stocks Worth

Are Penny Stocks Worth, Should You Be Trading Penny Stocks?.

How To Evaluate A Cent Stocks List

Therefore you are much better off doing it yourself and saving the paying of commissions. For example, oil cent stocks are seeing a renewal in appeal due to their volatility. Micro cap stocks typically trade at lower volumes.

Should You Be Trading Penny Stocks?, Explore more videos related to Are Penny Stocks Worth.

Cent Stocks Purchasing Selling Without Risking Your Own Money!

For circumstances, Canadian penny stocks are open for USA locals too. This is what makes investment on the Penny Stocks simple and rewarding. This is a difficult method to find the Best Penny Stocks.

Are you planning to judge the very best penny stocks so that you can invest and make big cash? The truth of such financial investments is not extremely encouraging as more than 90% of these stocks results in to zero. You will understand that you can not get per share value of stocks at pennies if you think about this aspect. When the value gets that lower, it means there is something that has actually failed.

If you are a first time financier and wish to try out the stock market as a fresher it is best to begin with the Best Penny Stocks. The fundamental reason for this is the truth that you get to discover the ropes of investment methods by paying out a little quantity of cash. These shares are usually bought wholesale, and yet if it is your first time, it is finest not to invest an excess amount of money although the idea might seem to be financially rewarding at large.

How to make cash with Penny Stocks? The finest response would be making lower level financial investments on a monthly or half-yearly chart. There are some traders who make a big error by buying the cents when they are at perpetuity high. It is advisable that you take chances gradually. Take a little threat and make some revenue. Slowly, in this method accumulate more money with cent stock investment. The bottom line about these stocks is that they are extremely unpredictable and you always have a possibility to win or lose. For that reason, it is recommended that you take smaller possibilities so that your risk element stays less.

Take the time to go through this tutorial and the next two in our Penny Stock Traders Series and you will have the ability to gain from our years of experience trading and looking into the small cap markets. Which will conserve you important time and precious capital.

When considering purchasing a stock in a business, frequently investors concentrate on companies with a low float. Lower drifts mean that there is less of a supply of the stock. Like any product that is offered in the open market, the rules of supply and demand apply. When the demand picks up, a limited supply will dictate a greater rate. By concentrating on Penny Stocks Trading with little drifts, a financier can purchase a bigger percentage of the float and reap the reward when brand-new buyers come gathering. Remember that a stock with a smaller sized float will also suffer in rate when the selling begins.

These stocks are typically viewed as issued by companies that have actually simply gotten in the market and have only a small scale operation. The main reasons there are a lot of people acquiring these stocks is because of the inexpensive rate, that’s why it is really inexpensive compared to buying the shares of the more established business. Plus having this type of stock can make you a happy part owner of the company for an extremely sensible cost. These little firms that offer the penny stocks can also have the potential to experience good development in the future. As an outcome the stock prices can differ substantially in the short-term. There is no doubt that to own these kinds of stocks can be a truly satisfying and amazing option.

The finest method to make ridiculous revenues while trading penny stocks is getting Penny Pump Finder. It has actually worked for lots of, and will work for you. With this, you can never ever go incorrect. Get Cent Pump Finder today and see your earnings zoom.

Definitely under no circumstances obtain money to invest. You need to have a great deal of research behind the stocks that you trade on. But financial investment shouldn’t be done blindly.

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