4 Penny Files to View by September 2020
Whether you trade them or invest in penny stocks, the goal is simple: make money then repeat the process. Some say it’s gambling, while others say they have a strategy when it comes to these cheap stocks. Whether you think penny stocks are equal to craps or not, you can certainly make money. Becoming consistently profitable is the ultimate skill to manage and it’s simple. But I did not say it was easy, so taking time to learn how to buy penny stocks and make money is important in my opinion.
Take, for example, The Eastman Kodak Company. I think this will be one of the penny stocks to go down in history for both creating huge profits and making some of the greatest contributors in history. We’re talking about a penny stock that ran in less than a week from $ 2.13 to highs of $ 60. It also fell from $ 60 to under $ 10 in about the same amount of time.
Trading Penny stocks with high volatility
Depending on which side of the mountain you were on, determine how you feel about what I just said. The point of the matter is that inexperienced traders could have gotten lucky early with KODK. There was not much waiting time to see it run 100%, let alone 1000% +. That does not mean that those who made money with KODK are now pro traders. It just means they made money.
Unless you can duplicate a similar approach to trading penny stocks profitably, luck is what played the bigger role. Learn how to trade penny stocks before you start jumping into headfirst; at least the basics. You can read for free through 60+ pages of our PennyStocks.com eBook to get started. You can also take things to another level and learn from traders who are already consistently profitable with a proven system.
I immerse myself. At this point, I assume you are already interested in trading penny stocks. With this in mind, here is a list of 5 that started trolling higher this week. Are there new highlights in store for September 2020?
Start list of penny files to view >>>
