1 flaw in this method.. maybe around the 10K range.. you will actually move the market with OTCs..... putting 100K on a OTC is asking to go broke. plus the people selling are not selling 100K and up worth at a time.... so even if you get in.. You wont be able to get out of a trade.
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Good point.. But you could trade that amount in major Forex markets and not worry about it moving the market
This is why I said that the more profits you accumulate, the harder it gets. When you have more to play with, you have to refine your strategy. You have to break your profits into several different penny stocks instead of putting it all in 1 stock. There's dozens of otc stocks that make 20% gains almost every trading session and if you get around $10K range, you have to break up that $10k into 10 different stocks, putting $1,000 in each. Each 10 stock doing 20% will make you $200 when you break up that $10k into those 10 stocks. If you do the numbers, 10 times $200 is $2,000 and $10k times 20%, comes out to $2000! So basically, you'll still be making your 20% gain & sometimes in the OTC market, the stock moves more than 20%. I posted on here how one stock moved 4,500% in 1 week, these type of gains will move you faster down the trade chart and the more stocks you find like that with gains up to 1,000% the faster and easier it is to getting $1Million. I even have a long term, buy & hold strategy to hitting $2.5 Million in 1 year. It's simply a game of how much patience are you willing to have to get there.