Thursday, October 05, 2017 11:29:25 PM
The % gains that can be had in this mud pit of penny land can be exciting, it's not a whole lot different than straight up gambling though.
I'm still learning myself. I have made some very bad decisions along the way as I bet most every one of us bottom feeders has.
However, one rocket ride in this thunder dome of stool can change your financial life.
If you do not have a high tolerance for pain/loss or can't accept the up and down along the way then you might want to just settle back in a big comfy chair that is the big board stocks.
Moral of the story falls back on the golden rule. In Penny land NEVER ever, ever ;ay out more cash than your comfortable loosing when/if the rocket explodes.
It's the potential/risk that keeps us here. Personally, My safe space is never, ever putting more cash on a single ticker than I'd be willing to spend at a strip club. It's always a gamble, many times you'll loose. The time you win can make up for it all though.
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