posted
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.
posted
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
Posts: 82 | Registered: Apr 2006
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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.
Posts: 345 | Registered: Apr 2006
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posted
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.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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