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What's your strategy for long-term trading pennystocks?

I've mainly been finding penny stocks with good news, and then buy b efore the stock spikes. Any other strategies you guys have in mind?

Posted Aug 01, 16 9:47 PMbycommunist_owl
Views 298 / 0
ajtherens72
ajtherens72 Aug 01, 16 9:54 PM

Tim made his first million on buying breakouts

Aromo
Aromo Aug 02, 16 6:46 PM

with long term you mean 1 day, 2 days, 3 months, 1 year?

communist_owl
communist_owl Aug 02, 16 10:27 PM

on avg, 1 week..sometimes 2 or 3 weeks

Gibran
Gibran Sep 22, 16 10:47 AM

@communist_owl Pennystocks have limited volatility , watch out for that , so swing trading them is a whole lot different concept.

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