Penny Stocks Behind The Scenes: Profit By Trading Penny Stocks by Daniel Regan
Requirements: .ePUB reader, 1.2 MB
Overview: Have you ever wondered why every time you buy a penny stock it seems to go against you immediately and do you feel as though the market is out to get you personally?
Have you seen other people online that make thousands of dollars trading penny stocks but you just seem to lose?
Would you like to learn a penny stock trading strategy to make a lot of money in the penny stock market?
If you answered yes please read on…
Statistics tell us that 95% of people lose money when trying to time the stock market however in the penny stock market, 99% lose. This occurs because most people look at penny stocks like the lottery or similar to a casino. They throw a few hundred dollars into some penny stock at $.03 per share that claims they have a cure for cancer and gamble that the stock will rise to $100. What they do not realize is that the stock market is a zero sum game where one person wins and one person loses on every single trade. Remember the money has to come from some where…
The 1% of people that consistently make money trade promoted penny stocks for a living and know what the profitable trading patterns are and how advanced technical analysis works. These people take everyone else’s money because they have learned the secrets to the penny stock market. Of the 1% of profitable traders, about .001% just get lucky and make thousands of dollars buying stocks. These people are similar to a person that goes to buy a scratch ticket that wins $50,000, and random payouts like these help to entice new suckers. People that invest in penny stocks almost always are losers because the market is rigged, and the longer you hold a penny stock, the more likely it is that you will lose everything.
Genre: Non-Fiction > General
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