Penny Stocks से Trader बना करोड़पति😳🤑

#adigitalblogger #pennystocks #billionaire
We always say Penny stocks are not a good investment, but what about short term trading. Can one take the risk of trading in Penny Stocks and yet make decent profits without too many heavy losses? Well Jeff Newmann, a trader from Manhattan, story is very different from this ideology. Newmann left college when he was about to graduate in 2002. Why? Well he wanted to trade with his 2500$ savings to trade in Penny Stocks. That sounds absolutely stupid and a suicide. Unless you can turn those 2500 to 50M by the time you are 30 years old. Newmann had no guide into the stock market world. All he had was some trading experience sitting on a system at college computer lab. That’s where he began. Newmann compounded his initial amount at an amazing rate of 80% per annum till 2009 crash and since then about 53% per annum. And over the years he had moved on from pattern day trader to swing trader. But how could he have done all this with Penny stocks? Newmann is able to make big in penny stocks because he has a unique method of mixing the fundamentals with the technicals. For example, he picked the stock of AuthenTec by figuring out that smartphones are going to need fingerprint lock security which only AuthenTec offered as a service. Soon AuthenTec strikes a deal with Samsung and Newmann kept on adding new positions as the stock no longer remained just another penny stock. Similarly, Newmann picks his penny stocks from such futuristic sectors such as: 3D Printing, Robotics, Genetic Testing etc. In spite of all this Jeff Newmann keeps a low profile and has no pictures or videos of him, except the fact that he was featured in the famous Market wizards Book. So never underestimate a penny stock trader ever.