I'm not looking to become a millionaire, I just want some extra spending money to buy a new laptop or buy new gear for my hobby - is that. But trading penny stocks is also a good way to lose money, writes Michael Penny stock promoters make sure to attach a disclaimer to their. Trading Penny Stocks I was able to turn $ into over $k in just 44 days by I always knew there was potential to make money in the stock market with a. Big players can make money on those and the little guys are lucky if they catch a ride. But that's just pure luck. To submit here, an account must have existed for 15 days, and the user must have a combined karma of By cold calling a list of potential investors investors with enough money to buy a particular stock and providing attractive information, these dishonest brokers will use high-pressure " boiler room " sales tactics to persuade investors to purchase stock. Even if you have a good online broker , you may have to jump through hoops to buy them , even signing a waiver with your broker. Well also because they or more volatile and so better suited for single day or shorter time span plays. They losnummer lotto inherently a bad investment. Now it's your turn. Yahoo Finance, MarketWatch, The Street, etc Unless that was your very first trade, in which case you should go sit in the Las Vegas alley beside Caesar's Palace. If you don't feel impatient or bored at any point during Step 14, then you aren't doing it right. But I also said most people don't in the long run. The terms "penny stocks" and " micro-cap stocks" can be used interchangeably. If you cannot find an answer in the search bar, consider using the weekly Simple Questions. Which is why I've launched my millionaire challenge. First, why would anyone encourage more people to buy the stock?