| For some reason some people have a very hard time | | | | happen if you are working with penny stocks. Of |
| understanding how people make a huge amount of | | | | course the key is known which stocks to pick. John |
| money by buying and trading stocks every day. | | | | is now at $10,228! |
| You've probably seen that commercial where they | | | | Day 10: Down 25%. If you are dealing with risky |
| are making fun of day traders by showing the guy | | | | stocks, some days you may have a big loss. But |
| buying a painting and then selling it right away. That's | | | | what you'll see from this example is that big losses |
| a dumb commercial and this example will show you | | | | don't effect things the same way that a big win |
| why. | | | | does. Even after this 25% loss John is still at $7671. |
| I will keep this example very simple to make it easy | | | | Day 11: No movement. Some days you pick a stock |
| to understand. In this example someone simply buys | | | | and it doesn't move up or down significantly. See Day |
| a stock at the beginning of each trading day and | | | | 2! |
| then sell it at the end of the trading day. I won't get | | | | Day 12: Up 30%. John is now at $9972. |
| into how they pick the stock or any of that. I just | | | | Day 13: Up 100%. Another big day and like I said |
| want to show you how the money can ramp up | | | | these really do happen when you are dealing with |
| from buying and selling stocks in this way. In my | | | | penny stocks. They are the most volatile stocks on |
| example I will not consider the fees because they | | | | the stock market (both with gains and losses.) John |
| should be pretty insignificant in comparison to the | | | | is now at $19,944. |
| earnings. | | | | Day 14: Up 50%. John is now up to $29,916! Do you |
| Let's say that John starts off with $1000 and has | | | | see how quickly the money can grow once the |
| decided to go 20 business days (four weeks) using all | | | | amount you are investing gets bigger? |
| of his money to buy one single stock and then sell | | | | Day 15: No movement. |
| that stock at the end of the day (I wouldn't advise | | | | Day 16: Up 300%. Another absolutely huge day! And |
| this strategy, it's just to make the example easier to | | | | this time John had a lot more invested so he's all the |
| understand.) | | | | way up to $119,664!!! |
| Day 1: The stock he buys at the beginning of the | | | | Day 17: Down 10%. John is now at $107,697. |
| day goes up 10% by the end of the day when he | | | | Day 18: Up 3%. John is at $110,927. |
| sells it. He now has $1100. He now has an extra $100 | | | | Day 19: Up 10%. John is at $122,020. |
| to invest the next day. | | | | Day 20: Up 5%. John finished with $128,121. |
| Day 2: The stock he picks on this day doesn't go up | | | | In just four weeks John grew his $1000 into $128,121 |
| at all, but it also doesn't go down. He still has $1100. | | | | in this example and that's despite 3 days where |
| Never every stock pick will be a winner. | | | | there was no movement and 3 days where his stock |
| Day 3: Up 25%! This is a big winner. His $1100 is now | | | | picks went down! |
| $1375 after a gain of $275. | | | | In comparison let's imagine that John just bought one |
| Day 4: Up 50%! Huge winner. His $1375 is now $2062. | | | | stock on Day 1 and kept it the whole month. Now |
| Day 5: Down 10%. Like I said not every stock is a | | | | let's imagine that one stock went up 100% (as |
| winner. John is now at $1856. | | | | unlikely as that may be.) In that case (where he |
| Day 6: Up 20%. He's now at $2227. Are you starting | | | | keeps the one stock for the full month) he's only at |
| to see how these winning days start to really "ramp | | | | $2000! Buying and selling (and buying and selling again |
| up" over time? | | | | and again) got him up to $128,121 but buying and |
| Day 7: Up 5%. Now at $2338. | | | | holding (even when the stock went up big time) only |
| Day 8: Up 10%. John is now at 2572. | | | | got him to $2000. |
| Day 9: Up 300%. Yes, days like this can actually | | | | |