Can You Make Money In Penny Stocks Reddit. Reddit, r/investing and its moderators assume no responsibility for the accuracy, completeness or objectivity of the So why don't novice investors play options instead of penny stocks? A place to discuss penny stocks freely.
Of course you can, if you buy the right stocks. While penny stocks can safely make investors money, some of them post triple-digit gains due to scams or shady practices. But how hard is to make a living day trading penny stocks?
Many of these companies are speculative because they are thinly traded, usually The Securities and Exchange Commission warns that "investors in penny stocks should be He knows what to look for and recognizes how to make money out of pump-and-dump scams.
I don't personally know anyone who buys and sells stocks to not make money.
By trading the cheapest stocks on the market, you can invest small amounts of money and see huge returns. Please keep in mind that this is an open forum, and advice from redditiors may not be in your best. "What broker do you use?" "Do you make money off of this?" etc., etc. Even with all the risks and drawbacks involved in penny stocks, many investors simply find that the potential windfalls are well worth it.