Drop a ๐Ÿ‘๐Ÿผ if you've watched the podcast episode with Timothy Sykes
I see many new traders feeling lost trying to find profitable stocks to trade. You can get my FREE stock watchlist every Sunday, visit my link in my bio!
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And I think that everyone should start with penny stocks especially if you're like you're a newbie. Trader I Don't tell any of my students like you're going to become a billionaire like I say like you can make a few million like me and now you know 30 of my top students have I've tried other strategies I'm just not very good at it and I think it's due to my own failings with a lack of like structure in my education I was too successful and that like hurt me cuz now I'm like I want that success again I want that 90 to 95% win rate and you can't get a 90 to 95% win rate with more scalable strategies you need to monitor your risk, prune your position size, do all the things that I hate doing so with penny stocks. it's like limited me. but I think that part of the reason why I still do it is cuz I love it I kind of think of myself as like this vampire I'm like this child Trader I can never really grow up out a penny stocks.

So I've accepted my fate and now I teach it.

By Stock Chat

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6 thoughts on “The pros and cons of trading penny stocks with timothy sykes”
  1. Avataaar/Circle Created with python_avatars @TazMartin says:

    Jesus over you and yours. Thank you for helping me.๐Ÿ˜ข

  2. Avataaar/Circle Created with python_avatars @dmvsportsfan9968 says:

    How to say โ€œpump and dumpโ€ without saying it. ๐Ÿ˜

  3. Avataaar/Circle Created with python_avatars @ryanmsalisbury5499 says:

    This dude likes to talk

  4. Avataaar/Circle Created with python_avatars @addertooth1 says:

    I only get to trade pre-session (0700 to 0900, then I must go to work). The volume is frequently too low to play 10,000 lots of penny stocks to see any significant profits.

    The first time I tried it, it was a devil of a time to get out of my position. I started selling when it was profitable, but the price dipped hard and the majority of the stocks were sold at a loss.

    Penny stocks scare me for those reasons.

  5. Avataaar/Circle Created with python_avatars @WK_Trader says:

    this is the guy that got me into the world of day trading. never paid for any of his courses nor have I ever traded penny stocks. but just the world of day trading, it was from him. I was around 20 years old in university. Now I'm 30 and down like 60k and been trading over 6 years. So it's going great!

  6. Avataaar/Circle Created with python_avatars @rudyhandoko9713 says:

    Its like play games that uโ€™re good at
    And become the best in that game

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