Day traders do NOT have to buy at the absolute bottom and sell at the absolute top. They can buy ANYWHERE along the upwards movement, as long as they sell at a higher price than they bought at. And they can also short a stock and short at any point above they buy at.
@stormtraders4 жыл бұрын
You don’t invest in them.. you trade the hype and get out. Or short the most obvious offerings. They all crash we know that. Just because you know that you have an huge advantage. You short the pump and bank👍🏼
@Ewochable4 жыл бұрын
Storm-Traders you short 5000usd on tuesday july 2020, hit your head, wake up from coma wednesday 2032 and find that you shorted the new Amazon. Now you need to find 4mio usd to buy back and close your short.
@sonny126812 жыл бұрын
Penny stocks are for investing, not for traiding.
@user-zi5du6qq8q8 ай бұрын
this is such good information, thank you!
@wmc97224 жыл бұрын
This video is for the person who says, 'Oh my, penny stocks seem affordable.. I think i will buy some as they're so cheap' all along knowing nothing about what's really going on. Mention 'fundamental analysis, doing some due-diligence, looking at some SEC info, researching who these people are' and their eyes will glaze over. 'You don't get it, I just want to buy some stocks that are cheap.... Oh look!' they add, 'This one went up 1000% in one day, I think I will buy some shares now'. Savvy player in this space can earn big money plying against those who bought in on the hype and rise.
@SearchingForLoveOverseas3 жыл бұрын
Just want to say you have it all wrong, lol. I trade only penny stocks (90% of the time) and do well. Who cares about a $6 or $12 round trip commission when you'er making $400-$2,000 a trade give or take. Sure we are in a higher tax percentage but we are sending money to our personal account weekly then reinvesting the left over. Yes most traders loose because they don't learn the trade and download an app like robinhood or they jump on a platform and after a few days they are ready to dive in. I'm grateful for all of those people!
@jb-cp4ye4 жыл бұрын
Yeah dude, that's why you have to get up, shower, and commute round trip to work after spending 8 hours earning a paycheck. Because you don't know how to TRADE (not invest) for a living and much easier lifestyle. There are many people that trade penny stocks for a living, without having to pump. Those who can trade, trade. Those that can't trade write about trading! So why would anyone take you seriously when your just a journalist??
@SearchingForLoveOverseas3 жыл бұрын
right on, I make a pretty good living trading only penny stocks. When I want to have fun I will scalp the morning gappers.
@wgwrigel13 жыл бұрын
@@SearchingForLoveOverseas any good penny stock tips??
@mvl33793 жыл бұрын
Who are these people trading stocks for a living? Please name me and show me their track record. Why tf nearly every retail trader lying too much?
@jb-cp4ye3 жыл бұрын
@@mvl3379 sure dude, I'm going to write the names and show brokerage statements of traders on a youtube chat board.
@HobbyBowler2 ай бұрын
Bullshit
@STOPHATECLUB3 жыл бұрын
Do the opposite of what they tell you and you will be rich. Don't let them EMPLOY you.
@GenExDividendInvestor4 жыл бұрын
I made a ton of money trading penny stocks.. when I was in high school and our Econ teacher gave us fake money to simulate being in the market, lol. Needless to say he got pissed that I didn’t listen to his (good) advice. Fortunately when I got serious about investing real $ I came to the realization that consistently investing in quality companies (with dividends) over the long term leads to wealth. Thx for the vid :).
@nomearod3 жыл бұрын
Agreed. Compounding is the key to success when invest great companies.
@GaryThanosHudson4 жыл бұрын
I like to pimp my dollar bills for 100 dollar bills. Ya dig! Lol
@alexstyles91414 жыл бұрын
He suffers from FOMO and is salty lol jk but fact is your statistics are no better than the E-Commerce statistics that say 99 percent of people fail in starting their own business. Anyone can make money off of anything if they put their mind to it and strategies. It's just 99 percent of people aren't discipline and smart enough to figure it out.
@squeezemyshorts88724 жыл бұрын
3:36 Haha.... no.... In the BEST case scenario, it'll be a pump and dump scheme. Penny stock traders know that penny stock companies are shit. That's the reason we trade them.
@likemysnopp3 жыл бұрын
true. Most penny stocks are just lying flat waiting for a pump and dump to come in and pump that damn stock up to anything
@coachraymsey86263 жыл бұрын
Change the title of the video to: Idiots who invest in penny stocks fail
@thedudeabides25314 жыл бұрын
Uh.. this part is dated: 1:07. The fees have pretty much gone away for every major brokerage.
@Burps___4 жыл бұрын
The exchange fee, particularly for large trades, remains, plus the brokerages make money from the “spread”, which the buyer has no way to monitor (but it is your money). qz.com/1719659/charles-schwabs-zero-fee-commissions-still-have-costs/
@MotleyFool4 жыл бұрын
Yeah, we taped this before the flurry of commission cuts. But we decided to keep it in because there are still a lot of folks that have to pay, depending on who they are with.
@Mlogan114 жыл бұрын
@@MotleyFool You could have used a graphic overlay update & sites like Robinhood have been commission free for quite some time to leave those out.
@ricardoestrella30884 жыл бұрын
They are just trying to make it look as bad as possible.
@RookieModeGains4 жыл бұрын
You can buy breakouts. Buy high. Sell higher.
@likemysnopp3 жыл бұрын
yeah.. thats what investors try to do
@samsar91183 жыл бұрын
what is a breakout sir, are there breakouts in robinhood?? thank you
@Drone2564 жыл бұрын
Using your logic no one should ever start a business because it comes with expenses and most people fail at it. Do you seriously think the best strategy is to invest only in what OTHER people are successful with??
@MotleyFool4 жыл бұрын
That's not really our point here -- we're saying that if you are going to be investing in businesses run by other people, it's better to buy shares of established businesses that have been vetted and are less likely to be fraudulent.
@relaxflow75874 жыл бұрын
Fees lmao ? TRADE THE TICKER NOT THE COMPANY
@justindavis27114 жыл бұрын
You could say the same thing about most artistic careers though. Just because 1 in 10 succeed, does not mean you shouldnt try. Otherwise there would be no art in the world. Best just attempt it with paper trading frist to see if you are capable of it. There is no risk in that
@joemastrianocpa23253 жыл бұрын
YOU ARE SOOOO WRONG No commission and I make consistent $ trading penny stocks. Happy to pay taxes on profits. I hold them overnight and also take off same day. Trading requires a lot more than you imagine, says the "killer IRS CPA"
@nomearod3 жыл бұрын
Tell us how much have you stupid moron lost so far.
@bodybyjake74 жыл бұрын
I really love the Motley Fool but it's disappointing to see that you would release such an "outdated"/irrelevant video. Commissions just went to zero at almost all brokerage firms, therefore the quoted study is irrelevant. Yes, Penny stock trading is a losing strategy for the average investor but this video needs to be updated with more current info.
@Burps___4 жыл бұрын
Brokerage order fees are now zero (but exchange fees remain), but the “spread” remains, and the brokerages will keep your money on each trade by a means you cannot see. qz.com/1719659/charles-schwabs-zero-fee-commissions-still-have-costs/
@thecolonel45513 жыл бұрын
"Commissions" are zero, true; but, then how do brokers make money? Hmmm, they play the spread. In the old days of commissions, the spread collected was usually zero - they bought and sold for you at the exact quote at the time of sale. Now, they take a little off the top of every transaction. THAT is a topic all Fools need to talk about. Nothing is free and Fools know it.
@AJ-wp3pw3 жыл бұрын
I'm not sure why you're conflating day traders who specialize in penny stocks with all day traders. One is a tiny subset of the other.
@Burps___4 жыл бұрын
Topic suggestion #MotleyFool based on comments below...free order execution, true, but remaining fees (NASD NY exchange fee, large lot fees (eg over 10k shares per transaction), the “vig” or “spread, taxes, etc) should be discussed in a timely topic video. Thank you.
@nobo16823 жыл бұрын
just don't get greedy, pretty universal advice for stock trading
@AJ-wp3pw3 жыл бұрын
All brokers went commission free in August of 2019, two full months before this video came out. You should have done better research.
@mvl33793 жыл бұрын
I just wonder why virtually every "retail trader" I see are deluded liars living in fantasy. No, they do not make any money as they say. No, they do not know anybody who does as they say. Why? Cause they do not have any proof/track record to show for their claims. If they were shilling(scammers); understandable, but that is not the case with most. So I just wonder why...
@weiz41954 жыл бұрын
Nice video but I will only trust Mr luscious with my investment
@weiz41954 жыл бұрын
No doubts about Bitcoin. Its the best
@ricksam76534 жыл бұрын
Bought 3BTC since 2018 @$8k now its $12k
@ricksam76534 жыл бұрын
I never missed the opportunity when Mr Luscious told me
@ricksam76534 жыл бұрын
He will always say success trading is achieved by making strategic profits and increasing risk only when probability is in your favour ..
@andrewjames75754 жыл бұрын
After I made my first $9424. I was shocked at what crypto can do
@adamcornett35654 жыл бұрын
Not an honest sales pitch. "Penny Stocks are the devil." Makes them sound desperate.
@Spartacus5473 жыл бұрын
Why would a small company starting out want to ruin their future prospects by allowing Shady salesman to ruin their reputation? Wouldn't They want to build a company that has long-standing future?
@RyanJamesOfficial3 жыл бұрын
I mean I've only done two penny stock trades and I made a 150% ROI total between them in 3 days. If you do really good DD and look for catalyst opportunity, it is the same as any swing trade. Proper DD is always the answer.
@salvation4all3132 жыл бұрын
You got lucky. Simple as that.
@markmcgwiresbackne57053 жыл бұрын
Hey, what were those 5 winners picked from 2019? Share & I will give you mine for 2021.
@goodgravy30474 жыл бұрын
Everything is an advertising funnel to sell you more stuff with these guys. I even paid for a two year stock Advisor subscription (mistake.) The notifications and ads still keep coming from these guys since they have my email address.
@solomondouglas13934 жыл бұрын
The $UPZS gourmet CBD Food products will be available for purchase through various CBDretail outlets nationwide
@samsabrosa68414 жыл бұрын
Pls do a video on brokers execution vs commission paid. Which gives more savings?
@AJ-wp3pw3 жыл бұрын
@1:46 What is a 'heavy day trader'??
@anonymousubiquitous32954 жыл бұрын
So who are these pump and dumpers?? Do they hold licemses?
@likemysnopp3 жыл бұрын
No. Its usually some anonymous fool on instagram who hypes it up for months. And some times that person might be friends with a person who knows another person whos friend is a major shareholder of the company. This is HIGHLY ILLEGAL if its found out. But you can also tell how damn hard that is to prove because its not illegal to sell your shares in a company with profit. And you dont have to tell anyone why you sold your shares. Honestly I wouldnt even sell all the shares, just because of how suspicious it would look. But imagen you have 1 000 000 shares in a pennystock that goes from 0.6$ to 5$. Your shares would go from 600 000 dollars in worth to 5 million in maybe just a few days. And most shareholders hold more then that amount of shares. Keep in mind that AMD was a pennystock in 2015. Now it has rushed up 3700% to 81 dollars or something. That would have made anyone who kept investing 100 bucks each month in AMD since 2010 a multi-millionaire today.
@firewheelfarm70953 жыл бұрын
Who is paying 5-7 dollars a trade. They probably shouldn’t be trading.
@austinevs3 жыл бұрын
I made 30k in a week buying a 9 dollar stock that went up to 26$. Then bought the dip when it hit 13$ and doubled that 30k. All happened in 2 months. That’s not the standard. But I’m glad to be trading! :)
@stevebalogh23203 жыл бұрын
you cam lose or make money trading ay stocks
@mrajconley4 жыл бұрын
WNTR stock is it a sham?
@piby18024 жыл бұрын
keep btfd and hold. Simple.Profitable. Yalleh Yalleh
@user-du2bj8pv4l4 жыл бұрын
Nice time to upload that...Let's talk after the trade war will end.
@mcspankyotool4 жыл бұрын
Sorry but a guy that has zero experience day trading telling the masses not too.... lmao. Ya 90% fail because they quit.. the ones that do it for a living got there butt kicked for over a year straight and kept coming back for more. Kept getting up like rocky lol. Thats how you become a winner, never give up, never stop learning. 👍😁👍
@Mlogan114 жыл бұрын
Your title is wrong as shown by your own video. Some people succeed in penny stocks and/or day trading as actually mentioned in your vid, but they are in the small minority. Why not just post an honest title like MOST will fail or the vast majority will fail? When you give a wrong absolute statement, you look less credible.
@Eddie_Mit4 жыл бұрын
Maybe YALL do foh
@TheWhiteAfghan4 жыл бұрын
Cough cough bullshit.....
@human15134 жыл бұрын
Research shows 90% of mutual fund investors lose money. 90% of real estate investors lose money. 90% of golfers never become pros so they fail. Same hockey players, race car drivers, ... So watch out for scammers like this presenter.
@mvl33793 жыл бұрын
Give me names of verified successful retail traders. There are tons of real successful people in those 90% fail categories that you mention simply by googling. Is it the case for retail traders?
@brandonbanks9534 жыл бұрын
Why is he still talking about brokerage fees? Who pays those anymore?
@usernameluis3054 жыл бұрын
Its only been a week bro
@brandonbanks9534 жыл бұрын
A week..... A year........ A decade...... Again. Why is he talking about brokerage fees? Who pays those anymore? Get it?
@ericslingerland54724 жыл бұрын
sure commissions are gone, but there are still transaction fees. you dont really notice them because they are pretty small with normal trade sizes, but when you are day trading or doing the high share trades penny stocks require you start to notice them pretty quick.
@thecolonel45513 жыл бұрын
You pay, its just not called a "commission" and is hard to see, you are being "played" by the "play the spread" game. Think like money exchangers, keep exchanging and you eventually have nothing. Now, once you realize you are paying per trade (Fools know nothing is free) - you can make an honest assessment of your expenses. At least Commissions were up-front and easily deducted. Now? BTW, I do agree talking about commissions is getting antiquated, but Fools need to discuss fees, sometimes they are quite high and always difficult to calculate.
@InvestingEducation4 жыл бұрын
Invest longterm, it's simple and profitable
@tonydarcy74754 жыл бұрын
Investing Education If you watch the stock fall for months or years before being priced right and making money then it’s profitable. If you can day/swing trade successfully you will see returns straight away, but you can’t invest with large sums of money otherwise you will become less nimble which significantly hurts your returns. Personally I use a mix of both strategies, I have stocks that I intend to hold for the long term and I also do my fair share of day/swing trading but only with the most established companies on the market. I’ve only just started trading a few months ago but so far trading has proved to be the most profitable and on average I make more money in a day of day trading (including transaction costs) than I do in a day of work.
@InvestingEducation4 жыл бұрын
@@tonydarcy7475 tks for sharing. I have no idea where stocks prices will be one day or even 1 year from now but i do have some idea where they will be years from now. Day trading seems like gambling to me. But if u have something that is working for u, then no harm trying
@activestocktrader73764 жыл бұрын
I like what you said Investing education, if you have something working for you then no harm trying. I agree if long term trading works for you keep doing it, if day trading works for you then keep doing it. But just for fun i looked a stock that has gone up a little over 100% over a 10year period. So over 10 years if you invested 25,000 dollars in this stock you would have profited a little more then 25,000 dollars over those 10 years. Now i took that same thought for day trading. If you took that same 25,000 dollars and made even just $100 dollars a day in the market day trading then in just one year you would make 25,000 dollars. And over the same 10 years you would make 250,000. For me i want to put more effort into improving my day trading over my long term trading. Over a 10 year period at just 100 dollars a day you could make way more. But at the end of the day its like you said if you have something that works for you then keep trying that.
@InvestingEducation4 жыл бұрын
@@activestocktrader7376 I dont know of day traders who succeed consistently. But I know of Warren Buffett and others who invest longterm and have succeeded. I am just copyin their simple and repeatable formula.
@stormtraders4 жыл бұрын
For hopefully 20% a year. I make that easily in a month👍🏼
@likemysnopp3 жыл бұрын
*LOOK AT ME!*
@elben32123 жыл бұрын
If you know what you doing and do the research you can make big money without taking big risks. This guy have zero idea.
@human15134 жыл бұрын
Motley Fool sales team. Shame on you.
@OwnTheChaos14 жыл бұрын
LMAO I know all of these traders that you tried to blur out, and they're all successful day traders of penny stocks. Connor and Charlie especially. Most of the channels you pointed out always note the risk involved trading these types of stocks. I was able to quit my job doing it and never looked back, so it can be done. However, it's not for everyone, and most of us aren't like Super Car R telling everyone how he bought his Lambo by day trading, even though we all know that's not true either.
@redimp6374 жыл бұрын
hey im new to this and i would like to know more, could u please link Connor's and Charlie's channels?
@dlove58644 жыл бұрын
Well this video sure aged poorly LOL. Literally everyone in my crew already broke 6 figure profit by JUNE of this year on ONLY penny stocks. Not a guru, stock genius, or manipulator. Penny stocks changed my life and these points are laughable.. Everry single point in this video is misleading and/or just plain wrong. ESPECIALLY trading fees. Most sites are 0% commission and even if they charged me $50/trade I wouldnt care. When you consistently profit, a $7 fee is microscopic. Yea, do what this guy says, have fun making 1% per year .
@rookie1474 жыл бұрын
Lol
@wmc97224 жыл бұрын
At 4:03 the fool refers to 'fake hype'. Wow! That got me to look up the word 'hype'. Nope. I am right, he is wrong.