Penny Stocks That Made It Big How Many : Why Short Term Trading Penny Stocks Is Really A Bad Idea - Why Short Term Trading Penny Stocks is a Bad Idea
Search Google for penny stock and you will be deluged with sites promoting the active, short term trading of penny stocks. This truly attracts individuals due to the greed thing (the promise of big % returns in short time) , the "I do not have significantly money" thing, and lastly the knowledge (or lack of) thing. All these sites prey on these three aspects to get individuals to sign as much as day trade penny stocks or at least try to. Most of the time, thei ... [Read More - Penny Stocks That Made It Big How Many]
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The Penny Stock Prophet
The Penny Stock Prophet - Most likely one of the most controversial penny stock marketers around is James Connelly, the "Penny Stock Prophet". Of course his genuine name just isn't James Connelly, nor is he a prophet in any sense of the word. It's all simply an on the World wide Net industrying trick, as you are all most likely mindful. In addition to the fake testimonials and alluring images of fast vehicles and quite woman on his Internetsite (which you'll never see below), he boldly claims that it is potential to turn ,000 into million in 38 trades. He even shows a table "proving" it. It shows 38 trades, all gaining 20 %, and he shows which you really should invest ALL of your capital into both trade. For example, the fairly first trade is with ,000. After a 20 % win, you now have ,200. You reinvest this for an additional 20 % gain, and you're left with ,440 ... so on and so on until you might be a millionaire.
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