Penny stocks is the school of hard knocks...went from up 9k to only up 3k on a reverse merger..not the buyout I was expecting..News flash..when you hit your target start easing your position..hold a small amount for the dream :)
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Penny stocks is the school of hard knocks
Yes it is! I learned this the hard way as I watched a $4k profit shrink to less than $1K in a single day because I didn't take any profits after the penny stock spiked (and then dropped).
That's a good strategy is to take the majority of your gains off the table and then leave a little bit in case you really do find a unicorn of a trade (10-100 baggers).
absolutely! I love to play for free, on a 100 bagger take out your capital -- and maybe some profits!