Can You Really Make Money Trading Penny Stocks. I bought my parents their dream home in Florida (Connecticut sucks I personally think that you can learn to trade penny stocks a lot faster than you can learn about trading larger securities. Because of penny stocks, I earned enough money to never have to get a "real" job again.
Make sure you know the different orders you can place as well. Learn how However, the questions that you must understand are what are penny stocks and how you can trade them. Day trading penny stocks is one of the safer ways to trade them.
If you're trying to sell a volatile penny stock with a large bid ask spread, you're going to take a loss.
That means if you have specific knowledge regarding a specific stock sector stick with that.
Before going any further, I want to make sure we are all on the same page regarding the definition of penny stocks. Can you really make this kind of money? Day trading penny stocks is one of the safer ways to trade them.