BROKE? How to Get Started Trading Penny Stocks With Just $100
Penny stocks have become increasingly popular in recent years as a way to get started in the stock market with minimal capital. However, they can be extremely risky and it is important to understand the risks involved before investing. For this reason, it is important to do your research and to learn as much as you can about penny stocks before investing. One way to do this is by reading books about investing in penny stocks. Here are some of the best books for investing in penny stocks.
1. The Complete Penny Stock Course: Learn How to Generate Profits Consistently by Jamil Ben Alluch: This book is written by a former penny stock trader and provides an in-depth look at the penny stock market. It covers topics such as how to identify profitable penny stocks, how to set up a trading system, and how to manage risk. It also provides strategies for investors to use to maximize their profits.
2. Penny Stocks for Dummies by Peter Leeds: This book is written by a professional penny stock trader and provides a comprehensive overview of the penny stock market. It covers topics such as the different types of penny stocks, how to analyze them, and how to develop a trading strategy. It also provides advice on how to manage risk and how to spot potential scams.
3. Penny Stock Investing for Beginners by Matthew Maybury: This book is written by an experienced penny stock investor and provides a step-by-step guide to investing in penny stocks. It covers topics such as how to find good penny stocks, how to analyze them, and how to develop a trading strategy. It also provides tips on how to manage risk and how to spot potential scams.
4. The Penny Stock Trading System by Timothy Sykes: This book is written by a professional penny stock trader and provides an in-depth look at the penny stock market. It covers topics such as how to identify profitable penny stocks, how to set up a trading system, and how to manage risk. It also provides strategies for investors to use to maximize their profits.
5. Investing in Penny Stocks by Peter Leeds: This book is written by a professional penny stock trader and provides a comprehensive overview of the penny stock market. It covers topics such as the different types of penny stocks, how to analyze them, and how to develop a trading strategy. It also provides advice on how to manage risk and how to spot potential scams.
These are five of the best books for investing in penny stocks. Each book provides a different perspective on the penny stock market and is worth reading for anyone interested in investing in penny stocks.
Key Points:
• Penny stocks can be extremely risky and it is important to understand the risks involved before investing.
• Books can be a great source of information for investing in penny stocks.
• The five best books for investing in penny stocks are The Complete Penny Stock Course by Jamil Ben Alluch, Penny Stocks for Dummies by Peter Leeds, Penny Stock Investing for Beginners by Matthew Maybury, The Penny Stock Trading System by Timothy Sykes, and Investing in Penny Stocks by Peter Leeds.
People Also Ask:
Q1: What are penny stocks?
A1: Penny stocks are stocks that are priced at less than $5 per share. They are generally considered to be riskier investments than other stocks and can be subject to more volatility.
Q2: How do you make money investing in penny stocks?
A2: You can make money investing in penny stocks by buying stocks that are undervalued and selling them at a higher price. It is important to do your research and develop a trading strategy in order to maximize your profits.
Q3: What is the best book for investing in penny stocks?
A3: The best book for investing in penny stocks depends on your individual goals and needs. Some of the best books for investing in penny stocks include The Complete Penny Stock Course by Jamil Ben Alluch, Penny Stocks for Dummies by Peter Leeds, Penny Stock Investing for Beginners by Matthew Maybury, The Penny Stock Trading System by Timothy Sykes, and Investing in Penny Stocks by Peter Leeds.
Best Books For Investing In Penny Stocks – How to Choose
For more info on Trading Penny Stocks, check out Tim’s Epic Guide here: https://bit.ly/2rJjKfz
Is it possible to trade penny stocks with just $100? Subscribe here to get INSTANT alerts when I post a new video outlining my penny stock trading techniques: https://goo.gl/poGZTm
0:10 How should you invest $100, if you had only $100. I would say buy yourself a nice sushi meal and enjoy it ’cause you’re broke and you don’t have any future whatsoever.
0:30 I’m kidding about that, you have some future but you have to save up. You’re not gonna be able to do much with $100.
1:00 You can’t cheat success so, my top student started with $1500 now he’s over six million. I started at like 12 thousand, several of my students started with like two or three thousand. You need a few thousand dollars so whatever you can do, scrounge together that money.*
2:30 That said, if you are broke and you only have $100, does that mean that you shouldn’t study, you should just ignore the whole stock market and all the finance, no, because somehow, some way, I think that you will be able to have a thousand or two thousand dollars in your life at some point where you can actually trade and grow that money using a normal, not so risky strategy like what I teach. But, even if you do have that money, you don’t necessarily have that knowledge. So when you are totally broke, you have nothing but time. Okay, you have no excuses, you obviously have no job, you probably have no life either so you have a lot of time to study.
3:30 So that way at least, even if you’re broke you can get smart so when you do save up a few thousand dollars, you’ll have already prepared and you’ll have that knowledge ready and you’ll still have to keep studying ’cause the market’s always changing, you have to adapt. But at least then, you will have a foundation that most people do not have. I have a lot of trust fund like, kids who are you know, start with like fifty or a hundred or two hundred fifty thousand dollars and they’re like, oh Tim, this is child’s play, I’ll definitely become your next millionaire soon and I don’t have that much to go.
4:00 The people who start big are terrible because they take their money for granted, they don’t study, they don’t put in the time and effort to actually do what it takes to grow a small account, they ignore my advice to start smaller rather than bigger, so be grateful if you’re broke. Be grateful if you have $100 to your name, there’s nowhere to go but up.
4:30 Somehow you’re watching this so you have internet access. I don’t know if you’re bumming free internet at McDonald’s or if you’re at the library or if you’re at the Starbucks. You know, maybe you’re outside Starbucks and you’re begging for some change but maybe the WiFi is like going through the door so you still have WiFi so as you’re begging for change you can also study so now you’re multitasking. That’s what you’re gonna have to learn to do as you grow richer, okay? And remember, when you are broke, there is almost nothing worse than your current situation.
5:00 No one takes you seriously anyways right now. So it’s your job to study up. It’s your job to move yourself up and do whatever it takes to get a few thousand dollars and get that knowledge so that you can grow the few thousand into fifty thousand, a hundred thousand, a million, two million, six million like my top students and I do. But first, watch all my videos, watch them twice, watch them three times, okay?*
For more info on Trading Penny Stocks, check out Tim’s Epic Guide here: https://bit.ly/2rJjKfz
* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of-service/
Thanks for watching the BROKE? How to Get Started Trading Penny Stocks With Just $100 video!
Watch the BROKE? How to Get Started Trading Penny Stocks With Just $100 video on Youtube