But learning about penny stocks or the stock market in general just isn't enough. You have to ask yourself "what's your goal?" All of the gurus have said the same thing... if your goal is to make a million dollars overnight you're wrong and doomed to fail. I second that. One of the things Tim Sykes said to me in an email was that if you pick random stocks you'll get random results. That is very true.
Sure you may get lucky and pick that one sub-penny that becomes the next hot business, or you may get in at the bottom of a pump and dump and bail at the top... but if you trade on greed you are more likely going to loose and loose big.
The key is to not trade on greed. Don't expect overnight success. You should take your profits in small wins and cut losses quickly. Compound your trades and scale your account until you start to make real money.
So with that said, what is my goal in all of this...
I'm tired of struggling paycheck to paycheck, juggling bills, and stressing about the future.
I'm taking a 3 pronged approach to my goal.
Trading. Saving. Entrepreneurship
I'm celebrating my future independence from financial hardship and I'm announcing the official opening of my business, Blurbeo.
If you would like a custom whiteboard video for your business, church, cause, or book please visit Blurbeo.com and see what I can do for you!