Penny Stocks -1 Simple Lesson that will make you Thousands of Dollars / Hands Down.
I traded penny stocks off and on for a number of years. After loosing thousands of dollars I decided to research on how to effectively trade penny stocks. I've come to one method that is almost a sure win every time. With some patience, and doing your own diligence this method will only make you money. Here goes.
Find those penny stocks with potential that have a decent trading base (high volume trading). Watch them carefully until the drop to .0001 to .0002. Buy in at least at .0002. Don't buy in higher. You may watch the stock go from .0001 to .0002 for a month or 2. One day they will put out a simple PR News. As soon as the price goes up (usually goes around to .0005 - .0009, then sell. This is an effective method.
I recently followed my own advice and bought IMTV at .0002. PR News came out last week and I rode the stock up to .0009 and sold. Made a quick $2,400 profit. This really does work.
NEVER buy a penny stock when it is already going up quick. If you do buy in while a penny stock is going up fast chances are you will loose a lot of money. Patience is the key and buy in at the .0001 to .0002 range - PERIOD. Do this and you will succeed with penny stocks. Good Luck and I hope you greatly succeed.
(image off of google imaging)
Great post. What site to you use to do your trading on.
agree. patience is always the key just look at bitcoin it also is the key in crypto. good post
I agree fully. Bitcoin sure is a revolution. I'm still amazed. If that puppy drops hard i'll be joining the masses for sure.
Great
Thanks.
nice post .
check this out also please.
https://steemit.com/money/@farhanrafique/cb-passive-income-stream-online
dont forget to upvote it.thanks
@farhanrafique
Thanks. I'll check it out. Have a good day.
Congratulations on your $2400 profits
Thank you for your help and support to. Share the information
Keep it up
Upvoted
Wish I knew this advice when potstock got big, but like you said, lesson learned.
When something is starting to get lots of attention, chances are your already late to the party.
Nice post about penny stocks @crowe, upvoted! I’m trying to start a community about stock trading on Steemit. You can join our Discord channel SteemitStocks if you want to share your post and chat about stock trading. Would you also like to read my article about an undervalued oil exploration stock?
Nice.... this is definitly a way to take advantage of pump and dumps... but who knows when the next pump comes... you could be sitting on 10k shares of trash for a while before the pump comes