Your Strategy Guide: How to Win and Profit from Penny Auction Sites, Vol. 1

what's up everybody all right so today we're going to talk about day trading terminology and the term of the day is penny stocks and how to make a living trading penny stocks now this is a question that a lot of traders asked me when I first started trading I gravitated towards penny stocks and why would that be it's because I didn't have a lot of money and I didn't think I could afford to buy stocks like Apple Microsoft you know Caterpillar and I also figured that if I was trading stocks like that you know most mutual funds they only make five maybe ten percent in a single year so trading a stock like Apple you know with a $5,000 account 10 percent is 500 bucks I'm not going to spend all my time to make 500 dollars in a single year I need to be making 500 dollars a day so that meant that I needed to focus on an area of the market that was a lot more volatile and that I thought had more