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Penny Stocks and Day Trading?

by greektitan
4 replies
I have been thinking about investing in penny stocks. I just can't afford to invest in more expensive stocks, I think to do that I would need to start out with at least $10,000. So I was wondering about penny stocks and if the day trading sites deal with those? If so is there an automatic sell feature? I'm thinking there is. I don't want to lose too much money so I want to be able to sell automatically without having to watch what my stocks are doing constantly, and then when the stock is doing well I want to be able to sell when it hits a certain point. Any help anyone could offer would be appreciated. Thanks!
#day #penny #stocks #trading
  • Profile picture of the author Devilfish168
    huh
    you are talking about investment and trading here right?

    what to do with marketing?
    Unless you want to start a website talk about trading , investment etc
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  • Profile picture of the author ryanbiddulph
    Hi GT,

    I would take that money, and invest it....in Las Vegas lol Create something useful for others, connect with leaders, and hey, you'll enjoy the ride so much more. If you decide to invest in stocks, save up some scratch to put money into growth stocks. It's a way to make money online of course but the research you'll put into it, and also, the capital, to make it work, could take some time. Spoken from a guy who traded for a minute

    Ryan
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  • Profile picture of the author agmccall
    You could try going to a trading forum. In case you did not know, this is a "Marketing" forum and has absolutely nothing to do with stock trading.

    al
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    "Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas Edison

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  • Profile picture of the author James McAllister
    You're an idiot if you invest in penny stocks. The only people making money through penny stocks are those telling other people to buy them, and then selling their shares as they're telling you to buy them for way more than what they're worth. (Pump and dump)

    And of course, those selling BS courses on how to make money trading penny stocks.

    Then again, I think the majority of people who actively manage their portfolios are idiots as well.

    98 out of 100 professionals won't beat the market index, so you may as well just invest in index funds. You can start with $3000 at Vanguard

    But yeah, you'll be better off asking investment questions on an investment forum.
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