| I don't think I'm telling any secrets when I say that | | | | limiting yourself to the kind of return on investment |
| there are a ton of people out there who are looking | | | | you can get. Blue chip stocks have a notoriously low |
| for different ways to make money. Many people | | | | return on investment. What makes it even worse is |
| turn to trading large cap stocks, but a small minority | | | | that you have to invest A LOT of money, just to |
| are making a killing by day trading good penny | | | | get that low ROI. |
| stocks. | | | | If you have a lot of money, then you can afford to |
| Honestly, a lot of people don't have the kind of | | | | buy a huge portfolio of high cap stocks. This is an |
| money to trade the more expensive stocks in the | | | | impossibility for someone who doesn't have a big |
| market. So a perfect alternative is to trade good | | | | brokerage account. But that's what makes trading |
| penny stocks. For example, lets say you have | | | | good small cap stocks so perfect for day traders. |
| something like $4000-5000 to invest in. That's | | | | The stock market just shouldn't be for all millionaires |
| probably good enough to only invest in 100 shares of | | | | who can manipulate the market with their big |
| a large cap stock. But with that kind of money you | | | | pockets. Day trading cheaper stocks allow the |
| can buy literally thousands of shares of various | | | | ordinary Joes to get a piece of the pie that we all |
| cheaper stocks. | | | | want so much. |
| When you trade large cap stocks, you are really | | | | |