Can You Make Money In Penny Stocks. The answer is yes, you can learn how to make money with Can you make money on penny stocks by conducting thorough research and instilling your faith in a share alone? To make money trading penny stocks, you first need to find someone to sell it to you at a bargain price.
But you are more likely to lose money. Stick with modest amounts so that you can sell in a reasonable time. If a company turnaround is expected, a trader Once you've purchased the potentially lucrative penny stock, you also have to be sure you can turn around and sell it.
According to Chris Ball, a financial advisor and the founder of Build Financial Muscle, you can absolutely make money with penny stocks.
Investing in penny stocks is like dating the high school rebel: It promises fast returns but ends with you developing trust issues.
Penny stocks get their name because of their low share price. Of course you can, if you buy the right stocks. Penny stocks are subject to all kinds of manipulations, and you're going to need all your wits to make money in this neglected area of the stock market.