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Trading Penny Stocks vs Other Stock Opportunities
🔴 Subscribe for more free Stock Trading tips: https://www.youtube.com/channel/UCoSG43KFjTe0trsteSQ46Ng?view_as=subscriber?sub_confirmation=1 Penny stocks might be the most universally hated niche in finance … Most people still think it’s a scam. So why do I focus on it? Learn why I decided to trade this niche even though society hates it. In fact, I use that to my advantage — and you can learn how too! Share this video with a fellow Trader: https://youtu.be/IgTsEYzpPj0 ✅ Links I mention and recommend: Join Tim's Challenge here: https://bit.ly/2Ou1UIc Subscribe to my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ Get the Complete Penny Stock Course here: https://amzn.to/2EE4vMx ✅ Recommended video: https://youtu.be/-spuDOwhYno ✅ Recommended playlists: Day Trading 101: Starter Videos: https://www.youtube.com/watch?v=sxhDIeYxNpE&list=PLTKUP0v0mxhvcNcP55fLthMRuTep2SGzY Advanced Day Trading Tips: https://www.youtube.com/playlist?list=PLTKUP0v0mxhsG4FCc4go7v4EOvyeNubJS My Millionaire Students – Are You Next?: https://www.youtube.com/playlist?list=PLTKUP0v0mxhtFSV2MDrpS6hziwptlpv4_ Trading with the Tims: https://www.youtube.com/playlist?list=PLTKUP0v0mxhvhVuORoUdAQ1yCAZ6RAI_R ✅ Follow Tim Sykes and his trading travels: Instagram: https://bit.ly/1Remh9f
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Twitter: https://bit.ly/2P46g8n FULL DESCRIPTION
Penny stocks might be the most universally hated niche in finance. So why do I focus on it? I never intended to go into penny stocks. But frankly, they're just easier for me. Penny stocks kinda chose me. I made millions of dollars trading penny stocks.** I traded other niches but I couldn’t find the same patterns. There's a LOT more competition with big stocks. Let’s break it down with an analogy. If you're playing a video game for the first time, you don't really know what you're doing. So you're not very good at it. Now, would you play the highest level and set yourself up for failure? Or would you start at level one? Penny stocks are like level one in the finance game. And many of them are scams. If they start spiking, they may spike for maybe one, two, or three days and then crash. The patterns can repeat… Most people who invest in penny stocks are getting scammed. If you learn to focus on certain rules and patterns, you can learn to trade these stocks wisely.** There’s a great book you need to read by my friend Jamil. It talks about all these rules and patterns I’m referring to. It’s called the Complete Pennystocking Guide. Society hates penny stocks, and that's OK. It can actually be a good thing … learn how you can use it to your advantage. Too many traders don't realize that this is real. They think it’s a scam. And don’t think you’ll make a million dollars on one stock or one trade. My average trading game is roughly $2,000. The profits and success can come over time — if you build your knowledge account, study like crazy, and dedicate yourself to trading smarter. I want you to have the right perspective. You won’t become a millionaire overnight. IF you find success, it’ll happen much later down the road — after you put in the work. How do you feel about trading penny stocks? Leave a comment and let me know if you hate on them too. #TimothySykes #Pennystocks #Investing —————————————————————————————————————-
Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* —————————————————————————————————————-* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
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