hey what's going on team it's Ricky with
tech but solutions in this video I'm
actually gonna be talking about penny
stock so I want to talk about not just
the attractive things about penny stocks
but like many of you guys know the risk
involved first of all one of the things
that want to yes or no is that in no way
do I you know trade penny stocks by any
means now right I personally have a huge
focus on ETFs I would not encourage
trading ETFs for everyone just because
again the underlining risk when it comes
down to trading especially in my
experience leveraged ETFs just as
there's you know a form of risk in every
single market one of the things that's
very glorified in the stock market are
the day trading of these like a very
aggressive moving penny stocks known I
was like pump and Don thread and
momentum stocks and it's usually the
lower cap stocks that tend to be the
most attractive for beginners right so
in this video I wanted to talk and kind
of highlight some attractive things
about you know penny stocks but also the
risk involved and I think that's kind of
the best of both worlds one of the first
things I want to talk about is maybe why
do so many people start trading penny
stocks why are they so attractive people
think that because you're starting
originally right if you're someone
that's just getting start an absolute
beginner one of the first questions
you're going to ask is like how much
money do I need to start making like a
hundred dollars a day right if you have
a thousand dollars your name and then
you see how you know maybe an ETF moves
or how a normal stock moves like well
this thing only moves like one or two
percent if that a day I'm not going to
be making very much with a thousand
dollars I understand because these penny
stocks sometimes move you know 10 20 100
percent thousand percent I think that
it's very important and I'll talk about
the risk later but I can 100% see why
people find them to be so attractive can
you make money trading penny stocks of
course you can make money doing anything
right can you make money trading penny
stocks consistently that's a better
question to ask I now answer that
question a little bit later in my
experience and not all this video is
right so I need you guys to know that
one of the other things that you know
why I find that people just begin with
trading penny stocks is because not just
because of how much moves any potential
that you can make right but there's so
much hype there's so much hype behind
these lower cap stocks and one of the
things that I need to get understand is
that the stock market as a whole does
not have a huge success rate right and I
just think it's very it's very very like
crucial to your success in any market to
not just think about you know what can
go right but what can also go wrong
right and there's no question that
there's a small success rate for the
stock market so if you already know that
kind of like you know stat right and
then on top of that you put yourself in
a position where you're just trading
kind of like higher risk
stocks then I just think that it's
something to potentially maybe consider
when being so sold that all you can
focus on our trading penny stocks I
don't think that there's anything wrong
right if you're an absolute beginner and
you're intrigued right you're intrigued
by penny stocks what it has to offer
that you're intrigued by pump and dumps
then one never said I'm here to empower
you to pursue whatever you see value but
what I need you to understand and what I
want you to understand is to also
understand the risk involved just as
much money as you can make you can
quickly lose right especially in these
like high-risk high-reward markets if
something has a greater potential for
profit it probably means it has a
greater form of risk involved it doesn't
mean that it's impossible right it just
means that there's a higher front right
options option there's something that's
that are very lucrative for a lot of
people because they have a huge return
on your you know investment or your
trade at the end of the day I know
people that have to completely drain
their accounts by trading option people
that have completely drained their
accounts right trading penny stocks and
it doesn't mean that later on you can't
find some form of success in those
markets it's just a little bit more
difficult right and I just think it's
super important for you to become aware
of both sides look good right but also
the risk involved one of the last things
that I want to cover is we're talking
about the hype right why my penny stocks
get pumped and dumped in it's not even
like you know there's this infamous
platform called stock twits right and
it's all these people that are pretty
much just trying to convince you to
trade whatever pump and dump that
they're trading at that point I don't
want to like that was kind of mean I
don't want to like subjugate like start
towards and then because I know some
people do utilize doctorates and a very
effective
but people that follow certain people on
like you know Twitter and and they're
like daily or weekly watch lists of
stocks to look for or there's all these
like email services or people that would
be like hey like subscribe to my you
know weekly watch list or something of
that sort and this is just in my opinion
and I need to guess you know that
but if trading was that simple like
everyone would be successful in in day
trading penny stocks that's like all
like everyone would follow this one
person and what I want to empower you to
be is to be someone that's like self
sufficient and like just self aware of
what's going on it's you know if it was
that easy everyone review success but
one thing that just you know if it
sounds too good to be true it just it
has to make sense and even with the way
that I trade you know I trade live every
single day with the learn fine profit
group you know I trade leverage base ETS
but I also traded the hundred thousand
dollars because my experience again is
much more than someone that's just
getting started so my risk is much more
but so are my you know Green Day's right
it only takes one or two percent for me
to make one or two thousand dollars and
that's very attractive for me and maybe
for someone that's just getting started
but for someone that's just getting
started with maybe one thousand dollars
that that monetary rewards just not
going to be as great so again don't just
always think about like well if he is
doing it then I can do it to be aware of
what's going on and what I want to make
sure that you guys are all aware of is
that you know all these people that are
sharing all these different stocks and
all these different kind of like
watchlist that's first of all even if it
is a a rightful watchlist something that
they actually see valid which I'm sure
there are people out there that share
weekly watchlist or daily watchlist that
they truly do see valid if they're
growing a following and that's great I
you know I think you know there's
there's a mutual benefit there what I
need you guys to understand is the idea
of like most and like the biggest losses
that I made when I was first getting
started was literally just trying to
copy people and this is something that
people think that they can enroll and
learn find profit and just copy my trade
right I only trade live for about thirty
minutes to an hour every day my trading
sessions for myself lasts about two to
three hours so again you're not going to
be able to copy everything that someone
else does and on top of that it's the
understanding you need to understand
what you are doing because you know two
things are going to happen
actually make a profit and you
understood what led to your success or a
second thing you make a mistake you take
a loss but you can at least grow from it
you can learn from it from that mistake
if you copy someone and you simply throw
your money at something that someone
else talks about you know trading just
like a lot of beginners do just like I
did right when I first got started
you're not gonna understand what
happened you're not gonna understand
like what went wrong and that you all
you're going to feel is this emptiness
this feel of regret why did I do this
and the stock market is something that I
never wanted partake in all right so the
second part cut off so I have to film
the second half here know why but what I
want to leave you with is one of the
biggest misconceptions that people have
is that because you have maybe a
thousand dollars to start trading with
that you think that if you experienced
10% growth with a lower cap stock that
because you could buy more shares with a
penny stock you can then make more money
trading penny stocks and that's just not
how it works I think that again there's
a big disconnect that people just focus
on the dollar amount and not on the
percentage growth so all I'm here to
leave you with is that if a normal stock
that is valued at $1,000 per share
meaning that you can buy one right with
your $1,000 trading account or if
there's a penny stock that is $5 per
share and we're delos of how many you
can buy and that increases 10% as well
they both incurred the same type of
percentage growth mean that you would
have made the same amount of money all I
want to remind you is that there is no
email list think about this and test it
out test it out with paper today I'm
challenging you right if you're so
certain that these email lists that send
out these top penny stock gainers of Oh
last week we experienced 200 percent
growth all that happens pre-market hours
and a majority of that action is
something that a beginner usually cannot
take part of and that's just from
experience I challenge you to practice
it open up a simulation training account
search up paper trading search up
simulation trading on on YouTube figure
out how to open up a free paper trading
account and practice everything that you
learn
I can almost reassure you that you will
not find consistent success because
that's what we're here to do not get
lucky once a week once a month but
consistent success and understand what
it is that you are doing this
one example that I want to leave you
with was your goal when you were
learning how to drive to always have
right as you have your permit right in
the United States you have to have
someone with a driver's license over the
age of you know eighteen or twenty-one
on the passenger seat right because they
need to be there to assist you almost
like holds your hand as you're learning
to drive what is your goal to go through
the rest of your life to be told what to
do no right your goal when you were
learning how to drive was to learn how
to drive so then you can become
self-sufficient and do it yourself and
maybe even teach others the same goal
when it comes down to any market that
you actually want to be successful in
one of the first things that you need to
understand is that all these markets all
these very unique and creative markets
are not easy to be successful in so if
you think that you can copy someone step
by step that's just not how it works you
need to be problem solver and you need
to be self-sufficient and you need to
work towards finding your own way out of
things if you are just looking for the
easy way out I'm challenging you to
practice it not with real money but to
practice it with simulation trading or
paper trading I can almost reassure you
that you will not find consistent
success and understand what it is that
you are doing with those lower cap
stocks in my experience there might be a
few of you and one whoever said I wonder
if I want to empower you you know just
because of the way you're wired and and
how you can achieve that but all I want
to leave you with is have a reason
behind every action that you take as
long as there is an intention and there
is a thought process behind a trade or
an investment and any aspect of life
you can either learn from it or actually
make a profit and I think that's the
goal for each and every single one of us
that's all you're watching this video
it's not because we have the entire
market figured out but it's because
you're always working towards getting
better and I want to condole you for
that that's absolutely amazing so I
really do appreciate you at this time
today is my last day here in Hawaii I'm
gonna be flying back to Arizona and
ready to kick-start the amazing trading
week with the Lone Pine property and I
really do appreciate you guys this time
if you guys have any questions feel free
to send me a text with the number below
and again do not forget to join our free
Facebook group with that first link
below like always guys I really hope
that I earned your thumbs up continue
working hard to continue following
dreams let your passion be a traveling
success like always I'd make sure that
we in the year on degree now take it
easy team