The Benefit of Trading Penny Stocks

What is the benefit of trading penny stocks over blue chip stocks? Tune in as Bryce explains.

🌟 Follow StocksToTrade on social media:

⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)

#Shorts #PennyStocks #DayTrading

[ParkerCapital]

Agreed tho. Even buffet says to start with penny stocks and to keep flipping them until your position sizes effect the price action, at that point it’s time to set that capital to work on a mega cap cash cow ticker that’s a relevant consumer staple that will be around for 20yrs.

[FourthWayRanch]

good luck trying to sell your shares when you need to, they don't tell you that

[bizphone]

i'm not a fan of penny stocks & OTC stocks for day & swing trading. 1) OTC commissions typically cost more than options & futures 2) i don't research tickers to trade - i can trade just one or 2 tickers 3) 1000% profits happen many times p/month in large caps (SPX & QQQ esp)... 100% happens daily 4) over time large caps get predictable. 5) highly liquid 6) penny stocks gave me a "chase the runner" or "gamblers" trading philosophy. i had a difficult time learning patience & waiting for the right set ups with large caps. but thats just me.

[LASMONN]

I started out with blue chip stocks, i barely made anything.
Now all i'm trading is penny stocks (for now)

[mjl]

I can attest to the volatility of penny stocks, but it can work both ways. Because more times then not the stock will keep going down once you get in. The Algos pick it all up. You are competing against not only Wall Street, but their computers and AI, I can attest to this as well. So for beginners, maybe blue chip stocks are actually a safer alternative. The returns may not be huge, but at least you won't be losing all your money.

[jeffreymarley]

Love it when Trader Bryce shares his experience/skillz.

[AustinOrr-kqkk]

He’s clearly talking about penny stocks with momentum guys lol….you don’t just go and buy the cheapest one you can find and pray it goes up. There is stocks below $2 that run 100-200% everyday and those are what he’s referring to.

[dv]

I agree with you 💯 I bought blue chip stocks all last year an didn’t make much. Which is what led me to penny stocks.

[anonymous-itwl]

When you want to sell a coin liberty or pence how you connect

[captainobvious]

I love day trading penny stocks

I wake up super early, hit the pre market, and scalp a few thousand shares, in and out in about 15 minutes, tops.

I average $650-$1800 a day, and the average trade time is 9 minutes.

Im not rich, but this is the easiest money in the shortest period of time I have ever made....legally.😂

[alexpingitore]

I agree with him, but you also have to know you have to work harder than anyone else to be great in this game so not as easy as it sounds

[onemoretime]

But if it rises 100% can u fill the trade often? this is my concern. Who cares if it runs up but if you can't sell it then it doesn't matter

[JudySelvi]

Bizphone what would be good for a beginner

[GroovyMike]

Been trading since 2008 crash. All I have traded is .01 stocks. It's what I learned to do.

[prabindhar]

and the only advice I have for penny stock is to wait and do no try to get in to that 50%, 100%, 500%, 10, 000% rally that penny stock can do. But once it hits that new high, that is the time to get in. Find optionable penny stocks that spikes every once in a while. When it does, short that POS

[mrtrock_gaming]

Tysm il try to find a pennystock and study it for a few mins and than look if it goes up or down

[slappy]

You always need a buyer
after you go from $0.02 to $0.08.
This seems like the challenge.

[JudySelvi]

What you say about buying stock in !AI

[dr.alpinegreen]

It really depends on why you are investing tho, if your goal is not to make maximum prophit but to build long term wealth and maybe save savings from inflation, pennystocks dont seem good. Especially not for new traders because of the high volatility.

[One_Branch_At_a_Time]

Cryptyde (TYDE) 👀
Update: OCTO 😂

Dude I can’t believe they had to do a reverse stock split. Because now I can’t make nearly as huge gains as I could have when they were at .05 cents. However, I have pumped Canoo up so crossing my fingers for Monday since I seen on the news they officially opened up their factory in the industrial park.