I started out at sub-penny stocks...had multiple companies in my portfolio. Then, after all the frustration, I started ONLY doing .01-.03 cent stocks, not higher, not lower. I go this advice from a very experienced day-trader. He told me to "try it out and see the difference".
He was right. There is a HUGE difference...could go on for hours on the difcerences. To say the least, ya'start making money!
Sub-pennies are basically HIGH PRICED lottery tickets. Ya' know the Vegas slot machines where you put the $50 token in? That is actually your HIGHEST ODDS of winning out of any slot machine. You are betted off dropping a $100 in thise machines, pulling the lever twice, and walking out, then to run around the casino dropping quarters in the cheaper machines.
AEGY gives you MUCH BETTER odds of getting rich overnite than a quick-pick at your local gas station. However, I would only buy $100 worth of the stock...pull the lever twice and "let it ride".
Would you drop $1500 in lottery tickets at a local gas station?
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