Penny Stock Land
I have never traded penny stocks before. It is a risky market, and I have always shied away from it because of that. That is until I ran across a strategy that I like. The key to mitigating risk here is to not load the boat with your entire account in these. Please do your research before jumping into this.
This is a newer strategy, one that I may or may not continue. I have tried other methods that I no longer trade as well. Some work for you some do not. It is basically Lucky36Luc’s Penny Stock strategy adapted for people who cannot watch the market all day. My problem with this strategy is not that is does not work, it is that I have to use such a small amount of my portfolio due to penny stock liquidity issues that it may not be worth it.
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