Penny Stocks

lmao did you just watch the wolf of wall street or something?

>>1739152
It's just like lottery tickets.

>Can you make money off them?
Sure, there are people who have won.

>How difficult/risky is it?
Not either. Simple as buying, only risk is losing what you paid for the ticket.

>Where to buy them
Any gas station or convenience store (tickets). Brokerage (penny stocks).

You can, but learning how to do it provides you with a sub-optimal skillset that won't generalize as well to real trading arenas like futures, currencies, options, etc. The goal is to eventually get to a level that you are swinging big positions with godlike risk management. That's really the whole game of trading...getting good enough to trade big without ever being at risk of blowing up your account or allowing your emotions to end you. There's a whole bunch of little details in there and matters of specific strategies, but mechanically that's the idea: size right and control losses. Penny stocks are sort of their own subset of trading where you take on a lot of the downsides that giant traders face with very little to none of their benefits. If speculation in general is gambling, penny stocks are something else entirely. You can succeed in it and maybe it fits your personality perfectly, but if you could trade penny stocks, I would bet you could probably eventually trade any of the more mainstream stuff and if you get good at trading those (and trading in general), you'll be on your way to god mode. Treat them like a novelty at best and don't make them a big part of your overall operations and ideally not at all.

>>1739152
youtube Tim Sykes millionaire penny stocks trader

>>1739152
Some large companies have risen out of penn-yland, some more will this year, owcp , icnb, gigl, natcxf just to name a few companies with huge potential on the OTC right now. The risk is you buy at a terrible time and go down 50% until you can pump the gas on the stock again. The upside is huge is a company takes off, always good to play some pennies in the ole portfolio.