HOW TO MAKE $100 A DAY WITH PENNY STOCKS
Heyyyyy darlings, HAPPY FRIDAY and welcome back to FASHION FRIDAY, where I get to share a new look mixed with some penny stock content. And today I am super excited to finally share this super cute set look and share my exact strategy for making $100 a day from penny stocks.
First thing first, before you apply any of my stock market advice, please keep in mind trading penny stocks is risky as hell, you will lose money so please invest at your own risk.
Ok, let’s start with the strategy; a few months ago I decided to dive into trading with penny stocks. And of course, I created a strategy that works for me, and then I created a specific goal for myself.
Set a 2 Part Goal: The first thing I did was set a very realistic goal. A goal that I know for a fact I can achieve with consistency and determination.
Part 1: I set a personal goal to make a MINIMUM $2000 a month in the stock market every single month for 2-3 months straight. Why $2000? Because my absolute minimum to make a month is $2000 to be able to pay ALL of my bills. That’s my mortgage, my car note, my cell phone, and the utilities in the house.
Part 2: With a set monthly goal I decided I just need to make $100 per day Monday-Friday during market hours.
Starting Cost: When I set that goal I had $500 buying power in my @Robinhood account so I started with $500. And since setting the goal I’ve made OVER $100+ every single day.
The Strategy:
- I buy a new penny stock every single week
- I only buy penny stock $1-$3
- based on my buying power I buy 500-1000 shares per stock
- I take full advantage of the market opening power hour and after hour movement. So I trade 9:30–10:30 a.m. Those hours truly offers the biggest moves in the shortest amount of time. I literally almost always hit my $100 goal by 10:30 am. I also see a lot of movement during after-hour so I make even more money 4-6 pm.
- I do spend a lot of time during the week researching penny stocks. I’m reading headlines, reading charts, and reading articles on pennystocks.com. I tend to have a lot of luck with tech and biotech penny stocks.
- I also search for the top daily movers on tradingview.com. Next week I will do a more detailed post on how to find the top daily movers.
And that my dear is how I’ve consistently made $100 a day with penny stocks. After reaching my $100+ goal for 2 whole months I have raised my goal to $200 a day and I’ve been SMASHING IT. One thing I’ve learned being in business for over 10 years is that it’s okay to start small. Start where you are with what you have and work your way up.
About the look: No, it is NOT a set, but the pieces are from @NewYorkAndCompany and both are the same exact red and they are both from the Gabrielle Union Collection. But I actually got the shorts back in 2019 and the jacket is from earlier this year.
I actually wore the jacket HERE a few months ago because I LOVE it!!! And if you know ANYTHING about me you know I LLOVEEEEE an ALL red look!!!
Look deets: Shorts: NYCO… Shoes: *Gift but ShoeDazzle… Bag: Thrifted… Pics by the bestie, @XLSHOOTS.
Thank youuu sooooo much for stopping and please check out my weekly penny stocks watchlist HERE and of course, if you are new to trading with Penny Stocks and don’t know where to start I have a step by step e-guide of how to get started with penny stocks, grab it, HERE.
And oh, keep up with me on the gram, HERE.
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