I'm curious. How much on average do you fellow members make every month off of pennystock investments?
I've just started getting into trading and right now my average is a little over 6000 a month profit.
Posted by CrashtehLine on :
Nice job!
Posted by jellybean on :
3000 a month. biggest gain was 7000.
Posted by gnulnx on :
Hey let's keep these off the public record shall we? Once everyone finds out about this the game is over.
LOL
No seriously I keep a portfolio of "real" stocks and microcaps/pennies. By far I have the most success with pennies as far as raw gain. however it should be noted that the risk associated with pennies is far greater. When I make a small bet, say 5000 dollars, then I expect to loose a cool 20-35% while I expect to double on a profit. That is a high risk/reward ratio. High enough to keep me from deploying all my funds in microcaps...thus far.
It is interesting that most books/gurus preach against microcaps...morons.
Cheers
Posted by topharlem on :
i've made 220k so far this year. ndol,aurc,pgpm and nvao. should make a million before the year is out. i love this!!!! and i started out with 4k in late january
Posted by deleet on :
quote:Originally posted by gnulnx: No seriously I keep a portfolio of "real" stocks and microcaps/pennies. By far I have the most success with pennies as far as raw gain. however it should be noted that the risk associated with pennies is far greater. When I make a small bet, say 5000 dollars, then I expect to loose a cool 20-35% while I expect to double on a profit. That is a high risk/reward ratio. High enough to keep me from deploying all my funds in microcaps...thus far.
It is interesting that most books/gurus preach against microcaps...morons.
Cheers
Same here. I have "real" stocks too, but lately they've seemed less and less worth it. I always see people preaching about the dangers of penny stocks, but i dont get it. I've experienced plenty of loss with them but the profit always outweights the loss bigtime.
As far as i can say, the key is diversification and a calculating enter and exit strategy (buying the right stocks at big dips and not being too greedy to bank when you've made a lot of green).
btw, wowww*220k so far this year. hopefully, that'll be me someday.
Posted by buckstalker on :
Now this thread is getting rich....
Posted by R1Man on :
Wish I made $220k.....I think the average person loses money. The above average person breaks even or makes $1,000 or so. The guys who know what they are doing...their unlimited.
Posted by loggerhead on :