CORAL GABLES, FL / ACCESSWIRE / September 15, 2019 / The top website for all things penny stocks, PennyStocks.com just released a new, exclusive & informative article titled: Are Penny Stocks Worth It? The team at PennyStocks.com discusses the risks and rewards of trading penny stocks and acknowledges the countless movies and books within present-day pop culture that emphasize the various ways to “get rich quick with small investments”
One of the questions PennyStocks.com attempts to answer is, How Much Money Can I Make with Penny Stocks to which they explain: “Here and there you’ll hear about people making money with penny stocks. Depending on who you’re talking to, this “money” can be small. For some of the new traders out there, a 100% move is great, but when it’s 100% on a $50 position, it may not appear as a “big money” trade. It all comes down to managing risk.”
The article continues:
“Perspective plays a big role. Specifically, with penny stocks, most will stick to a rule of thumb to not risk more than they can afford to lose. This means that if you wouldn’t bat an eye at losing $100 but losing $1000 could hurt your pocket, starting with $100 may be the best route.”
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SOURCE: PennyStocks.com