How to Get Started Trading Penny Stocks

When most people think of penny stocks, they tend to associate them with being get rich quick opportunities at first, then complete scams once they’ve lost all of their money. Complete newbies will often believe the penny stock they’ve read about and are invested in are the next Apple or Microsoft, and most often what ends up happening is they end up losing most or all of their investment because the stock kept sinking and eventually did a reverse split. Even the lucky ones who buy at the right time and have the potential to sell into a rally often don’t do so because they believe the stock will keep going up, and because they’re greedy they refuse to sell and lock in any of those unrealized gains. Virtually all of the big moves a penny stock will make ends up reversing and the overall trend on most penny stocks …