Everyone knows that there's much more quick profit potential in penny stocks than with other stocks, especially the slow moving blue chips. It is not uncommon for these stocks to soar 25% - 100% (or higher) over a very short period of time (a few days or weeks) for many people, this is the thrill of trading penny stocks. They seem to be on a never-ending search for the next "big one" that is going to convert their investment (usually meager) into a fortune virtually over-night. People who sell informational products about penny stocks often prey on the emotions and desires of people who are actively searching for the "get rich quick" type penny stocks. They will present to you an example of a past pick that soared - sometimes even as high as 1000%. Although this DOES indeed happen fairly often with penny stocks (and almost never with other stocks), looking for this one big winner is really not the best way to go about making high profits trading them. It's also a mindset that will make you an easy target for someone selling an inferior but well hyped product. People who are looking at techniques to help them find these "big ones" usually end up losing more often than they win and overall they lose money, sometimes their entire investment. They're riding high one day and crying the next. If you REALLY want to make good money with penny stocks, what you need is CONSISTENCY. Instead of always being on the prowl for that next BIG mover, you want to find a consistent stream of penny stocks that will return a good profit for you. If you can find this steady stream, you will make a high profit over the course of a few months - you can think of it as "get rich fairly quick." You don't have to always be looking for RIDICULOUSLY high profits - in fact, this type of strategy will almost always get you into trouble. Since it can be very difficult to pick profitable penny stocks on a consistent basis (studying the "fundamentals" doesn't usually work with these types of stocks due to lack of public information), I have found the easiest way to find a steady stream of profitable penny stocks is to buy picks from an expert who specializes in penny stock research. To lower your risk and also determine just how profitable a particular source of picks will be, our experts at Paradigm Capital Management advice you to test the picks you are being sent before you actually start investing real money. Of course there's never a 100% guarantee that any one pick will go up BUT this is a good way to determine if a particular source of picks goes up most of the time and just how high quality they are. For more details, visit here: https://paradigmcapitalmanagement.jimdo.com/
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