PS D1: Playing Penny Stocks Flashcards
1
Q
How much capital should you use when trading penny stocks?
A
Try not to use more than 5% on any one trade
2
Q
Take Losses Quickly
A
No matter how much research you do sometimes your just wrong
3
Q
Take Gains Quickly
A
Your not investing, your penny stocking, ride momentum as long as you feel comfortable, it’s better to exit early, rather than late
4
Q
Always monitor the overall market
A
3/4 stocks follow the overall market
5
Q
What’s the max amount of positions you should hold at once?
A
3 positions
