Everyone Fails With Penny Stocks & Day Trading -- Here's Why. Video by The Motley Fool.
The topic: How do I trade penny stocks?
We get this question a lot because there is no shortage of people online talking up day trading. A quick search on YouTube and you’ll find and endless stream of videos with some guy smiling in front of a computer with a bunch of charts on the screen and a promise that he can teach you how to make thousands of dollars from anywhere in the world!
It sounds amazing, but it’s largely bunk.
The problem with day trading penny stocks is that it combines two of the most destructive investing pitfalls, this video explains.
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