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Chapter 5
Tips and Tricks
As a beginner, you may be a bit worried about getting started with Penny Stocks.
These are going to take a different route compared to working with traditional
Stock Market and sometimes it is hard to find the information that you need
about the company before making the investment that you want. With that being
said, it is possible to be successful when using Penny Stocks, you just need to be
careful with the decisions that you make in Penny Stocks and take your time to
really see results. Some of the tips that you can follow when you get started with
Penny Stocks to help you be successful include:
Ignore Some of the Success Stories
When you first getting started with Penny Stocks, you are going to get a lot of
information and emails about the success stories of others who have done well
with Penny Stocks. These are found on social media sites as well as in emails,
but often these are unusual circumstances or the information is all made up.
Instead of focusing on this, you need to look at the Stocks on their own and see
if they are going to work for you. Just ignore all of the success stories since most
of these will not repeat. Do your own research and learn about the market to
determine which ones are the right ones for you.
Read Through the Disclaimers
If you are receiving a newsletter about a Penny Stock, you need to be careful
about the tips that you are reading. There is nothing wrong with picking i[ some
of the Stocks from these newsletters, but you should be aware that most of them
are sales tips and to give exposure to companies that, for the most part, are really
bad and could end up making you lose a lot of money.
Most of the newsletters that you are reading won’t give you the full story. The
people who are writing them will do so in order to pump out the Stock Price and
they are not going to tell you the right time to sell the Stocks. They will work

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hard to get you to purchase their Stocks, and then you never hear from them
again. It is fine to read through some of these to get some information, but when
the disclaimers state that these are written as a promotion for one company or
another, you know that the tips are more of a sales pitch rather than a good
investment advice.
Sell Quickly
One of the allures that you will hear about with Penny Stocks is that you are able
to get a huge return on investment, up to 30 percent, in just a short amount of
time. If you want to make a return on investment like this with Penny Stocks,
you will need to sell your Stocks quickly after you purchase them.
Unfortunately, instead of being happy with the 30 percent or so, people will get
greedy and will look to make an even bigger return. Considering Penny Stocks
are sometimes getting pumped out and the industry is volatile, you should be
happy with what you get or you may lose out on a lot of money.