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Re: Shakey88 post# 4230

Friday, 11/20/2015 11:32:13 AM

Friday, November 20, 2015 11:32:13 AM

Post# of 6237
Not getting annoyed at all. I no longer consider myself a penny trader. I do still trade them, I won't lie, but I trade mostly bounce plays on the main exchanges. Everyone has different rules and it all depends upon your trading style. One person may have more of a window to hold on to a position longer. I take very small profits often because I can't wait around. I need to generate income. If you are more of an investor you might have time to hang around and wait on certain positions. But my opinion regarding pennies is that they are NOT INVESTMENTS - you trade them. There are exceptions to the rules and sometimes there might be a penny stock that could one day be an investment, but most of them are crap. If they go up they will go down again so my advice to you would be to just trade them. Don't drink the coolaide and fall in love with any of them.

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