They will shout to the heavens about their GUARANTEED 100% PROFITS PER DAY, are you kidding me? As a day trader you'll be lucky to get 2% profit in one day (depending on your investment size 2% isn't bad), but don't let your greed get the best of you! There's a reason why 90% of day traders LOSE money, you think they haven't heard of systems like these? These people are not fortune tellers, how can they possibly know when a stock will go up? They don't. They will pump a stock only to SELL their stocks that they had purchased days in advance. So as someone who has been burned by all these "free penny stock newsletters" let me just give you a word of advice: AVOID THESE PEOPLE! Penny Stock Promoters are the scum of the industry. Money that wasn't even mine, but was borrowed because I was promised it was a "sure thing." The numbers they give are 100% BS and I lost loads of money. Not wanting to be gullible I waited two solid months to make sure they were legit, then I decided to open up a broker account and invest. Every pick they made went up 300% per week, and I thought I had found a guaranteed cash cow. Basically a few months ago I found a "free penny stock newsletter." And I had begun following their activity. I cannot believe the predicament I've put myself in. Most information to help you learn and practice can be found in our wiki. Related Subreddits (see the rules above for related subs as well) Read here for more info.Īlmost any post related to stocks and investment is welcome on /r/stocks, including pre IPO news, futures & forex related to stocks, and geopolitical or corporate events indicating risks outside this is offtopic and can be removed. Consider posting to r/SPACs, r/pennystocks, or r/weedstocks instead. No penny stock discussions, including OTC, microcaps, pump & dumps, low vol pumps and SPACs. Non-ETF-related Crypto goes on r/CryptoCurrencies info. No bitcoin or crypto discussions unrelated to stocks. Trolling, insults, or harassment, especially in posts requesting advice, will be removed. Posts regarding this topic will be automatically removed. The Robinhood app should be discussed in /r/Robinhood. Low effort mentions for meme stocks will be removed, see here. Instead, advertise here.Ĭontext & effort must be provided empty posts or empty posts with links will be automatically removed. Spam, ads, solicitations (including referral links), and self-promotion posts or comments will be removed and you might get banned. Rules (in depth rules wiki here)ĭisclose any related open positions when discussing a particular stock or financial instrument. Almost any post related to stocks is welcome please read the rules below:Ĭlick here to find how many days old your account needs to be and how much karma you need before you can comment or post to r/Stocks.
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