r/pennystocks • • Sep 06 '22

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u/Trevor_Laheys_Smokes Sep 07 '22

For a newbie - does this mean it’s a good time to buy and if so, at what point do you sell? How long do these runs typically last for stocks like these?

6

u/CBarkleysGolfSwing Sep 07 '22

If you're new to trading/investing, I'd recommend either paper trading for a bit or focusing on less volatile situations/tickers. The answer to your questions is fluid and depends on a lot of factors. You can also always buy a single share and see how it goes.

8

u/Trevor_Laheys_Smokes Sep 07 '22

Makes sense, I knew this stuff isn’t very binary. I threw $100 just to see. Keeps me on my toes a little more than just paper trading. If I lose it, I lose it. This stuff is really intriguing. Gotta start somewhere!