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Author Topic: Does anyone here make a living off of subpenny stocks?
Robdizo
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Im new here, and just wondering..
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matto
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I love my job,but if i wanted to sit home with the wife and kids i could but I am not crazy enough to do that!!lol

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Trading is a blast!!

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stocks1984
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matto what do you do for a living?
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Stock, Ham, and Mayo Sandwich
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Ya, I do....I need to supplement my welfare check somehow....You really don't think I would get a real job, would you?
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buckstalker
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Not yet...but I will in about 6 months...retiring after 30 years with GM...
BIG SMILES!!!

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***********************

It's all in the timing...

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matto
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I manage several companys for my friend and own part of some

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Trading is a blast!!

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ARTTEACHER
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still working but won't be in a year!

in aspen skiing what's new matto?

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I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions

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7 of 9
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I was trained by a genius that is retired.

He is rich, and just hangs with his kids.

He hated the office.

He trades 1-2 stocks per year for money to live on,
like $75,000.

He almost never buys this allstocks crap, tho a few times he does.

There are a lot of pops out there, but you must buy low.

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hurricanematt
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Im about to try!
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matto
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art how is the boat deal going

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Trading is a blast!!

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AgentGPF
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We had a member here who recently gave up on that after a few bad trade I guess, who started out with 5k and made some great trades.

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Well done is better than well said. Ben Franklin

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Agrimac
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once i make a million i will give it a try
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Replay2x
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Anybody here trade the Forex?
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Robdizo
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so.. has anyone here mangaged to make.. between 100,000 to a million? maybe even plus that?
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alohadream
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Been trading forex with OandaFX for 2 years and am lucky to only be down about $5000 but have learned how the market is manipulated and that stop losses ain't for sissies.Stick with fundamentals so you won't go crazy.Better and more surer way to win is to have stacks of foreign currencies in safety deposit boxes.My last trip to Paris a few months ago I hit every ATM and came back with 5000 euros in 100,200,and 500 euro bills.Also have thousands in Chinese yuan,Singapore dollars,Thai bahts,etc.,in my boxes.They are the equivalent to my gold bullion coins-if TSHTF emergency stash.

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Despite the high cost of living it remains popular

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The Green Demon
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I just do these super pennies for fun $. In my roth however, I trade stocks under $5.00 at 10% up or down and then get out. When I hit 200k I will be nothing but trading
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matto
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quote:
Originally posted by alohadream:
Been trading forex with OandaFX for 2 years and am lucky to only be down about $5000 but have learned how the market is manipulated and that stop losses ain't for sissies.Stick with fundamentals so you won't go crazy.Better and more surer way to win is to have stacks of foreign currencies in safety deposit boxes.My last trip to Paris a few months ago I hit every ATM and came back with 5000 euros in 100,200,and 500 euro bills.Also have thousands in Chinese yuan,Singapore dollars,Thai bahts,etc.,in my boxes.They are the equivalent to my gold bullion coins-if TSHTF emergency stash.

Wow you are holding 25 stocks now! isn't that hard to manage?

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Trading is a blast!!

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alohadream
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quote:
Originally posted by Robdizo:
so.. has anyone here mangaged to make.. between 100,000 to a million? maybe even plus that?

Up $120,000 in the last few years but not with subpennies,although the LUs,IVANs,SIRIs,etc., are considered pennies by many even though they trade for a few dollars.Made a lot more with commercial real estate but cashed out the minimalls and strip centers probably just in time as the real estate market is about to hit bottom.

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Despite the high cost of living it remains popular

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alohadream
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quote:
Originally posted by matto:
quote:
Originally posted by alohadream:
Been trading forex with OandaFX for 2 years and am lucky to only be down about $5000 but have learned how the market is manipulated and that stop losses ain't for sissies.Stick with fundamentals so you won't go crazy.Better and more surer way to win is to have stacks of foreign currencies in safety deposit boxes.My last trip to Paris a few months ago I hit every ATM and came back with 5000 euros in 100,200,and 500 euro bills.Also have thousands in Chinese yuan,Singapore dollars,Thai bahts,etc.,in my boxes.They are the equivalent to my gold bullion coins-if TSHTF emergency stash.

Wow you are holding 25 stocks now! isn't that hard to manage?
Didn't update my sig but have sold FEEC ENY GLIF SSVG BIGN and LNXGF in the last couple weeks.My precious metals and biotech stocks are just holds and just have a thousand bucks invested in each penny except for RSHN PMED and PAIM which have between $5-10,000 in each which are hold-as-long-as-possibles.

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Despite the high cost of living it remains popular

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jon clogger
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Not off of penny stocks, but I trade Titanium, Nickel, Copper, Aluminum, and Tungsten Carbide for a decent living.
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matto
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nice sig. lol as long as u r making ash that is all that matters, having friends to chat with is just a perk! [Big Grin]

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Trading is a blast!!

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ed19363
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I know a lot more that lost their britches than those who made money. Speaking strictly of pennies there. Lots of money to be made in the regular market if you're careful, but every time a penny seems to get going, they do a reverse split and tank.

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If I give you bad information, please feel free to sue me. I have nothing left anyway.
Ed

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matto
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imo! in and out is the way! At the begining i lost some now that i stick to my rules and never deviate from them i have been very successful. i was caught in one r,s and it never happened again! knock on wood!!!

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Trading is a blast!!

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K2snow
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I plan on giving it a try. I have been able to make a couple grand every day for about a week and have taken a couple hits here and there, but i am focusing on building capital to be able to only hold 1 or 2 picks at a time and rely on those to carry me for a few days.

I rely mostly on online poker for a living nowdays. I make $200-500 a day and then i stop. I usually play for one hour and then stop and average out my winnings on a 5 day basis. Over 15k in November.

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turbokid
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where do you play poker and how can you possibly win that consistantly?
do you play hold em?
i play on party poker now and then and i've finished in the money about 4 times out of about 12.
really interested let me know

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"Gentleman, you have come sixty days too late. The depression is over."
Herbert Hoover 1930

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crappybob
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I made $2.74 today. It was better than nothing I guess, but no retirement plans just yet.
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Robdizo
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well i started with 600 2 weeks go and up to about 2000... I'm hopinh it stays that way..
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