Penny Stock Strategies (2018) | Pros and Cons of Day Trading in the Stock Market

Penny Stock Strategies (2018) | Pros and Cons of Day Trading in the Stock Market
What are the pros and cons of trading penny stocks? Subscribe here to get INSTANT alerts when I post a new video outlining my penny stock trading techniques:

0:05 A lot of people ask me: what are the pros and cons of day trading penny stocks? There are a lot of pros and a lot of cons, and you need to know all of them.

0:15 Ninety percent of traders lose money in the stock market. You have to understand that this is a very tough game to master.

1:05 One pro is that because penny stocks are priced very low, they are affordable.

1:30 Another pro: there is not that much competition because penny stocks are commonly looked down upon by just about everyone.

1:55 A con that goes along with that is that there’s not that much money to be made when you’re trading penny stocks.

2:30 That brings me to another pro: you don’t need more than a few million dollars in your life. I know billionaires who are miserable. You just don’t need that much money.

2:50 I’m never going to be a billionaire, and that’s fine. I’m ok with it.

3:00 Another con is that there are liquidity issues. You can’t take a 0,000 position immediately in any penny stock.

3:40 A pro and a con is that every company says they have the next big thing. You have to be aware of the scams.

4:15 I like to think of all penny stocks as though they are all scams.

4:30 Another con: you’re never going to get any respect. Everyone will look down on you because they think you’re a scam because you are investing in penny stocks.

5:00 It’s also a con that people look down on you because that means less competition.

5:30 I want to teach you the pros and cons of trading penny stocks.

If you want to learn how to day trade, apply to be my next millionaire student here:

Penny Stock Strategies (2018) | Pros and Cons of Day Trading in the Stock Market

16 thoughts on “Penny Stock Strategies (2018) | Pros and Cons of Day Trading in the Stock Market”

  1. Love watching your informative videos Tim … I’m about to invest $5000 after blowing a $1500 account more than a year ago. Feeling confident!

  2. Great video! 90% of traders lose money and 100% of traders will make losing trades. Easy to get discouraged but just gotta keep studying and pushing further! Thanks for the upload!

  3. You’re right Tim, I met this girl, daughter of a hedge fund manager, she was learning the business from him, and the second I told her I trade penny stocks, she ran like she saw the devil. No love for penny stocks traders 😂

  4. i dont want to be that cynical. if i have kids, they will hate me. i dont know, i have to figure out a way. once i do ill share it. help me God, Satan, my future children, flowers, trees, people, stars, constellations and everyone and everything else.

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