Penny stocks are mostly garbage companies. But garbage companies spike on hype all the time. My job is to trade the hype, not believe in the company.
I turned $12,415 into $1.65 million. Then I thought I could scale it into a hedge fund. I was wrong. Some edges only work at small size.
The goal is not to be right. The goal is to make money when you are right and lose a little when you are wrong. The math is simple. Execution is hard.
Most people want a get-rich-quick shortcut. Trading is the opposite. It rewards patience, study, and discipline — all things most people do not want to practice.
Cut losses quickly. I cannot stress this enough. The people who blow up their accounts are always the ones who held a losing position too long.
Every trade I take, I post publicly. My good days, my bad days. Transparency is the only thing that separates educators who actually trade from those who just talk.