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Author Topic: So, how much do you make off penny stocks?
deleet
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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.

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CrashtehLine
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Nice job!

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If you do your 20's right, You are set for life.

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jellybean
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3000 a month. biggest gain was 7000.
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gnulnx
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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

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topharlem
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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
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deleet
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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.

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buckstalker
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Now this thread is getting rich....
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R1 Man
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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.
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loggerhead
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what happend to UDSG

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loggerhead

Posts: 28 | From: corning | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
loggerhead
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HOW MUCH DID YOU MAKE ON UDSG

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loggerhead

Posts: 28 | From: corning | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
   

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