Why Trade Penny Stocks?

A big question that I get often is why penny stocks? You know, these are the most hated upon assets in all of finance. SUBSCRIBEto get INSTANT alerts when I post a new video outlining my penny stock trading techniques.*

They're the biggest scams. Like if you've seen the Wolf of Wall Street, or Boiler Room. And for me, it's just easier. There's less competition because they're so hated. You don't have big hedge funds trading them. You don't have prop firms. You don't have the smartest, richest people in the world like you do everywhere else in finance because there's just not the huge amounts of money to be made. And it's very important that you realize this. You're never gonna make a billion dollars trading penny stocks.

There is less money to be made in penny stocks. The good news is if you make a few million dollars, you can pretty much do whatever you want in life. That gets you out of the rat race. That gets you out of working for other people. That gets you out of having a boss that you hate or mortgage payments or debts. You can take care of friends. You can take care of family. You can start you are own charity. You can pretty much do whatever you want. You can have toys. You can travel any time you want, as I've been to over a hundred countries.

There are big percentage gains possible in very short periods of time, which makes penny stocks ideal for small accounts. That's why I trade them. That's why I teach. That's why I trade with a small account. That's what I want you to trade with a small account. Don't try to say, hey Tim, I'm gonna be your next million investor, million student. I'm gonna start with 700,000. All you have to do is make m 300,000 and I'm a millionaire. Please start small, okay? I've taught trust fund babies and it just doesn't end well for them. If you start small and you learn how to grow a small account exponentially, you challenge yourself.

My top student started with just $1500 of his own money. Now he's closing in on seven million. It's not straight from $1500 to 7 million. He had a lot of ups and downs. And in order to grow the small account, he had to learn how to turn a few thousand into $10,0000, $10,000 into $20,0000, $20,000 into $50,000. So I want you to learn from the start. I want you to learn how to grow a small account because most people think it's impossible. It's not impossible. Its' just tough. You need strategy and you need the right perspective. Leave a comment underneath this video. Let me know if this cleared up a few of your misconceptions or assumptions or questions. If you think that this has been helpful, send it to a friend or family member who disapproves of penny stocks or me. I'm just trying to be real with you, cheers.

* 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