Nasdaq Penny Stocks Now : Why Short Term Trading Penny Stocks Might Be A Bad Idea - Why Short Term Trading Penny Stocks is every a Bad Idea
Search Google for penny stock and you are deluged with sites promoting the active, short term trading of penny stocks. This really attracts people due to the greed thing (the promise of huge % returns in short time) , the "I tend not to have a lot money" thing, and lastly the knowledge (or lack of) thing. All these sites prey on these three aspects to get individuals to sign up to day trade penny stocks or at least try to. Most of the time, thei ... [Read More - Nasdaq Penny Stocks Now]
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Investing In Penny Stocks Prophet
Investing In Penny Stocks Prophet - This incredibly is possibly the most common rebuttal I discover through my doubters. The majority of people do not believe it's possible to create SERIOUS money with Penny Stocks. These individuals are absolutely nuts! On the graph above I showed you the results I accomplished in ... ... simply a 30 day period. All with Penny Stocks Over those 30 days, every single of the 10 stocks returned an typical of 45 %, and most of them doinged this in much less than 48 hours! For all you skeptics out there, I create a chart to see how numerous trades it would take, starting with just ,000 to revery 1 MILLION in pure revenue, following my program of recognizing succeeding penny stocks. Instead of taking an average of 45 % like I accomplished in a 30 day period, let's start using a a lot lower and far more conservative figure. Let's assume that I had a bad month, and equite Penny Stock pick will just return about simply 20 % per trade. Now let's presume that you will invest your payouts from every previous trade to the next. The number of trades would it consider you to requite single Million? The response might surprise you.
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