Do you want to make lots of money trading penny stocks in the shortest amount of time possible? Of course you do…I mean, who wouldn’t? Everyone wants to take a little bit of money and make it into something substantial. Now, there is nothing wrong with having lofty goals. In fact, setting goals for ourselves is a great way to stay focused and motivated. However, you’ve got to be realistic…and you’ve got to be smart on how to go about building your account and day trading stocks. Set Realistic Goals The Mind Set Trading Penny Stocks Think of the
Have you ever had a series of successful trades, only to do something dumb and give all those profits away? If you haven’t, congrats…it’s a crappy feeling to see one mistake destroy several right decisions. Of course, a lot of trades are going to end up being losers for us. Just make sure to execute your strategy and apply proper risk management to your trades. It’s the times when we don’t do that, which gets us in trouble. Lack of discipline Like it or not, it stems from the lack of discipline. Having discipline allows us to stick to our
The story of small triumphing over big is a familiar one. David, after all, did slew Goliath. But how familiar is the story of small cap stocks outperforming their bigger cousins? The answer may surprise you and it’s our thesis that in terms of generating alpha (outsized returns) in investing, small caps contain the most value and present traders with greater arbitrage opportunities relative to their peers. It’s a bold claim, we know but there’s some strong proof. Let’s start by looking at the so-called supposed disadvantages of small caps – our point here being that we don’t consider them