So I have been planning this for a while and I just want some advise. I have about $1k in play money. I am looking to make money off penny stocks that are trading at around 13 to 20 cents. The stocks I have been monitoring usually fluctuate around 2 to 4 cents everyday. I am thinking of just catching the stock at the low end swing and putting in a sell order so that once it reaches its high swing for the day it will be sold automatically. This will net me around $50-$100 if I buy around $500 worth of x stock depending on the variables. Might be chump change to some of you in here but it's good money for me. I will be doing this on Robinhood as well since there aren't any fees. Then while that first sell order funds are settling, just repeating the process with the other $500.
Submitted August 24, 2015 at 02:32AM by agreathobo http://ift.tt/1I74Gq9
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