Trader- I think you know what the problem is. You are trying to go for a homerun with pennystocks. This is a losing battle. You only hear about the big winners because they are so rare. For every pennystock that turns into a gem there are probably thousands that go bankrupt.
We all have loser trades but if, like you said, you are continually losing then you should look at what you are investing in. 100 shares in a good safe company can be worth much nore than 10,000 shares in a pennystock. I only throw a few hundred bucks at an occasional pennystock with a product or industry that I am familiar with. I use GID so I have some comfort in knowing they have a useful product. Hopefully they will stay in business long enough to see it prosper.
Hang in there. You are only a couple cents away from profits. Just don't get greedy when you have a chance to get away with a small profit.
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