Uses Stop/ Losses on Penny Stocks

Due to the volatility of penny stocks, it is not a conservative person’s best bet and considering how fast its value can fluctuate up and down, while imposing a stop loss can limit your loss, it can also reduce the possibility of major earnings from a penny stock. This goes against the overall idea of investing in a penny stock in the first place as a penny stock is an opportunity to make profits on a large scale. Penny stocks might be ideal for investors trying to navigate the investment world on their own who do not want to monitor their penny stocks everyday but as a member of the Paladin, you do not necessarily need to use stop losses as we closely monitor every penny stock we advise you to buy and communicate with our members effectively.