Once you've seen The Wolf of Wall Street, you'd probably stay away from penny stocks. But the movie was more about sales than trading stocks. If you know how to trade penny stocks, you can make a lot of money. Here's how to make $5000 in one hour, trading penny stocks.
People love trading stocks like Apple and Facebook but when you only have $3000 on your account, it will take a very long time to expand it. Let's say you have a strong believe that Apple will go from $170 to $200. If you go all in, you can buy 17 shares. Than you have to wait, and wait, and wait and after a couple of months you may reach your target. That mens you'll have a profit of $510 (+17%).
Money with Penny Stocks
Now let's take a look at penny stocks. I can tell you how to make money with them but it's better if you hear it from the number one penny stock trader, Timothy Sykes.
Make $5000 or even more
One of the most famous Penny Stock traders is Timothy Sykes. His strategy works for almost everyone. "What's so great about penny stocks? Well, let me tell you ... I really believe they offer the greatest risk-reward ratio of any investment type around. With the right research and devotion, a $5,000 dollar account, for example, can be turned into a $10,000 dollar or maybe even a $20,000 dollar account within a few weeks or months. Without using leverage, no other investment option offers such great upside in so little time.”
Learn how to trade with Timothy Sykes