The Benefit of Trading Penny Stocks

Поделиться
HTML-код
  • Опубликовано: 3 окт 2024
  • What is the benefit of trading penny stocks over blue chip stocks? Tune in as Bryce explains.
    👉 Share this short with a friend: • The Benefit of Trading...
    🚀 Join Small Cap Rockets: stockstotrade....
    🚨 Follow Bryce Tuohey on Twitter: / traderbryce
    ⭐️ Check out the SteadyTrade Team: stockstotrade....
    🌟 Follow StocksToTrade on social media:
    Instagram: / stockstotrade
    Facebook: / stockstotrade
    Twitter: / stockstotrade
    TikTok: / stocks2trade
    ⚠️ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)
    #Shorts #PennyStocks #DayTrading

Комментарии • 53

  • @FourthWayRanch
    @FourthWayRanch Год назад +86

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

    • @josephmwelwa2371
      @josephmwelwa2371 Год назад +4

      No they dont😂😂

    • @komfyk
      @komfyk 11 месяцев назад +19

      That's why you need to watch volume

    • @alicoralic4194
      @alicoralic4194 10 месяцев назад

      @@michaelprosperity3420 toys r us is opening 24 stores and opening on cruise ships and airports starting 2024 and their trading less than a penny, get on it!

    • @AltitudeeTV
      @AltitudeeTV 8 месяцев назад +7

      That’s why it’s important to do your own DD and learn how to trade on your own instead of blindly trusting Reddit to tell you when to get out

    • @FourthWayRanch
      @FourthWayRanch 8 месяцев назад +2

      @@AltitudeeTV u can't trade if no one wants to buy and that's what can happen

  • @ParkerCapital6
    @ParkerCapital6 11 месяцев назад +27

    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.

  • @mjl6425
    @mjl6425 11 месяцев назад +13

    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.

  • @bizphone8662
    @bizphone8662 11 месяцев назад +6

    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
    @LASMONN Год назад +9

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

  • @dv287
    @dv287 2 года назад +29

    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.

  • @alexpingitore3509
    @alexpingitore3509 10 месяцев назад +2

    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

    • @FourthWayRanch
      @FourthWayRanch 8 месяцев назад

      LOL the people who are great have insider information

  • @CreatorsExpress
    @CreatorsExpress 9 месяцев назад +2

    Trading vs investing. But I agree

  • @Biker65
    @Biker65 Год назад +10

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

    • @Stockstotrade
      @Stockstotrade  Год назад +1

      Awesome! What have you learned in your years of trading?

    • @FromDGroundUp
      @FromDGroundUp Год назад +3

      hey man im a young kid and trying to get into this, seems like you have a lot of experience. If theres anyway i could contact you and ask you some things to help me on my journey it would mean the world to me man. Thank you.

    • @tambaynationtroopsnyc
      @tambaynationtroopsnyc 2 месяца назад

      @@FromDGroundUphave you contacted him?

  • @One_Branch_At_a_Time
    @One_Branch_At_a_Time Год назад +5

    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.

    • @more_money5583
      @more_money5583 Год назад

      MULN Stock😱😱May Big Purchase Order - Short Squeeze Soon?

    • @me-myself-i787
      @me-myself-i787 4 месяца назад

      Reverse stock splits make no difference. What matters is the market cap, not the stock price.

  • @onemoretime734
    @onemoretime734 Год назад +9

    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

    • @catllionare
      @catllionare Год назад +2

      this ☝🏽☝🏽☝🏽

    • @itsGoose_Off
      @itsGoose_Off Год назад +3

      Nasdaqs are the way to go imo

    • @Managing_Me
      @Managing_Me Год назад +5

      That's you care about volume dude

  • @mrtrock_gaming1489
    @mrtrock_gaming1489 Год назад +1

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

  • @billionboy111
    @billionboy111 5 месяцев назад +1

    How or where to start?

    • @Stockstotrade
      @Stockstotrade  5 месяцев назад

      message us! also, check out our trial

  • @anonymous-it3wl
    @anonymous-it3wl 7 месяцев назад

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

  • @ee-qs8gf
    @ee-qs8gf Год назад +5

    penny trading your mom

  • @alexluka9521
    @alexluka9521 Год назад +1

    Why is he pretending to be on a podcast

    • @Stockstotrade
      @Stockstotrade  Год назад +1

      It's a real podcast, check out the link in our bio!

  • @ruckanitepreacher5618
    @ruckanitepreacher5618 Год назад

    Do you teach stock trading?

  • @dubai_Guy
    @dubai_Guy Год назад

    any penny stocks new traders are recommended to buy?

  • @brentphillips2171
    @brentphillips2171 11 месяцев назад +1

    Wow

  • @heychaklader
    @heychaklader 4 месяца назад

    This is seriously bad advise and you will lose all of your money

  • @ParkerCapital6
    @ParkerCapital6 11 месяцев назад +2

    Who are you looking at? Lol

  • @lydiaadedire5909
    @lydiaadedire5909 Год назад +1

    Thanks for the info. Investors, quench your thirst for success with our top-performing beverage stock GOGY!
    With strong financials and a winning strategy, we're leaving our competitors in the dust.

    • @more_money5583
      @more_money5583 Год назад

      MULN Stock😱😱May Big Purchase Order - Short Squeeze Soon?