posted
Into a single penny or diversified? After awhile the toughest thing just becomes managing it all, since most pennies go up and go down frequently and at high values, they aren't steady gainers most of the time. This means keeping up with the news, bigtime.
-------------------- Well done is better than well said. Ben Franklin
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What does LFWK have to do with the question???? Did I miss something or did you?
Agent is right. These pennies are all over the place at any given time. Few would be worth long term. If you're on the right side of them you can kick butt...wrong side you get your butt kicked...I have one cheek left!
-------------------- It's only money..We'll make more tomorrow!
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Invest with money you can afford to lose. Never invest your rent money or mortgage payment. Warning signs. If you can't sleep nights, then you are investing too much.
Investing should be fun not a headache.
Joe
quote:Originally posted by Moneymaker46: How much money is too much to invest into penny stocks??
posted
Look at the daily volume on each stock. Determine how much money traded hands. NEVER exceed the average daily flow of money unless you really know what you are doing.
Obviously everyone knows there are manipulation strategies that can be used if you have MUCH more than the daily trading value...just remember the MM's are more than happy to take your bag of loot.
posted
I would never say you can invest too much, I also would never say you can make too much. Problem is most people don't have a goal set in stone. This is something you should have before trading. The key here is not how much to make or invest but where to set your limits as not to lose too much!!
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