3 Major Risks With Penny Stocks

I feel like there's a fundamental flaw with trading penny stocks that nobody is talking about and it drives me nuts as an active Trader someone who's turned less than $600 into over 10 million no my results are not typical but I mostly did it trading low priced stocks so I love low PRC stocks but I'm not in love with penny stocks when I became a full-time Trader I tried trading penny stocks and I learned the hard way the biggest losses that I had in my career were trading actually ual penny stocks so if you've lost money trading penny stocks you're not alone in this episode I'm going to share with you the three fundamental flaws with trading penny stocks and I'm going to share with you what I do that's a little bit different that's allowed me to be such a successful Trader now one of the flaws with penny stocks it's not anything that you and I can control it's actually a mechanism that Regulators put into place in 1987 that even today has a significant effect on the way these low price stocks trade so there's a lot to cover I've got my whiteboard we've got screen share so let's jump into today's episode on trading penny stocks all right so I have two perfect examples I'm going to share with you one is from the penny stock today that went up about 200% and the other is from the penny stock yesterday that went up about 300% yes we are in a penny stock Hot cycle right now this began about 2 weeks ago when we had a penny stock that went from about 30 cents a share up to over