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» Turned $3000 into $100k+ dollars trading penny stocks last year AMA
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post 1657857723 03-13-2022, 07:25 AM
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#1
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
  5. Posts: 3,544
  6. Rep Power: 9900

Turned $3000 into $100k+ dollars trading penny stocks last year AMA

Didn't know a single thing about stocks, YOLO'd the last 3000 bucks in my bank account (literally) into a stock called SNDL end of 2020 and turned it into 10k within a few weeks, then began obsessing over social media all day everyday to learn the market sentiment at the time and to research very low cap stocks (trading for sub pennies) that were about to gain momentum before people knew about them. Figured out within a few weeks that finding catalysts early, no matter how ****ty the stock, was the single most important factor for making gains since social media and promoters mainly pushed ****ty stocks with very near term catalysts. I recognized this and took my gains before they inevitably dumped with a high success rate. Obviously the more capital I made, the easier it got to flip larger amounts. Although most of my trades were much smaller gainers, with some being large. Biggest single gain i've made was flipping $10,000 into $35,000 on one stock.

Made 100s of trades cant post them all but these are some examples of some good gainers:






etc etc, some of it was luck, some of it was coincidental timing of prime market conditions for OTC market, some of it was pure dedication (12+ hours a day researching for atleast 6 months straight, yes unemployed)

And yes, taxes are going to suck this year for me
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post 1657857983 03-13-2022, 07:31 AM
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#2
  1. gmenfan40
  1. gmenfan40
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Cool story bro (Ded fkn Srs)
post 1657858163 03-13-2022, 07:35 AM
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#3
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
  5. Posts: 3,544
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Originally Posted By gmenfan40
Cool story bro (Ded fkn Srs)
thanks brah, unfortunately OTC stocks went to **** after SEC cracking down on social media ppl plus economic impacts, so large gains like these are rare these days. But they do happen. ELEK being a prime example of a recent large gainer, although I wasn't in that one unfortunately
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post 1657858193 03-13-2022, 07:35 AM
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#4
  1. Itouchyou
  2. IknowagoodthreadwhenIsee1
  1. Itouchyou
  2. IknowagoodthreadwhenIsee1
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Not that impressive IMO. I've recently turned $2950 into $150k+
You have been touched.
I am the reason your girlfriend pauses between texts.
I am the guy in your wife's apple watch.
post 1657858253 03-13-2022, 07:38 AM
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#5
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
  5. Posts: 3,544
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Originally Posted By Itouchyou
Not that impressive IMO. I've recently turned $2950 into $150k+
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post 1657858373 03-13-2022, 07:42 AM
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#6
  1. J.L.C.
  2. Wat
  1. J.L.C.
  2. Wat
  3. Join Date: Apr 2005
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post 1657858483 03-13-2022, 07:45 AM
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#7
  1. OPGenesis
  1. OPGenesis
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Sounds like OP just got done watching a movie lol.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


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post 1657858563 03-13-2022, 07:47 AM
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#8
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
  5. Posts: 3,544
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Originally Posted By J.L.C.
Not gonna lie never watched this movie until this situation happened to me, only just watched it a few months ago but great movie srs
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post 1657858573 03-13-2022, 07:48 AM
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#9
  1. OPGenesis
  1. OPGenesis
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Originally Posted By top****ut212
Not gonna lie never watched this movie until this situation happened to me, only just watched it a few months ago but great movie srs
Cope lol.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
post 1657858633 03-13-2022, 07:50 AM
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#10
  1. J.L.C.
  2. Wat
  1. J.L.C.
  2. Wat
  3. Join Date: Apr 2005
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Originally Posted By top****ut212
Not gonna lie never watched this movie until this situation happened to me, only just watched it a few months ago but great movie srs
Your post pretty much covered the plot. Props.
post 1657858643 03-13-2022, 07:50 AM
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#11
  1. OffwhiteBrah
  1. OffwhiteBrah
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mirin, i'm still waiting for my $hib to moon again after not cashing out in Oct
post 1657858723 03-13-2022, 07:54 AM
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#12
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
  5. Posts: 3,544
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Originally Posted By OffwhiteBrah
mirin, i'm still waiting for my $hib to moon again after not cashing out in Oct
currently in $SNRY pending merger news myself, in at sub 004s hoping for a nice gain on this one but we'll see
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post 1657882673 03-13-2022, 05:41 PM
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#13
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
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bump, where my penny stock brahs at lets talk some upcoming plays
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post 1657882843 03-13-2022, 05:44 PM
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#14
  1. samsbolton
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  1. samsbolton
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Originally Posted By top****ut212
bump, where my penny stock brahs at lets talk some upcoming plays
fuk off you fraudin fukwit
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1657882853 03-13-2022, 05:44 PM
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#15
  1. OPGenesis
  1. OPGenesis
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Originally Posted By top****ut212
bump, where my penny stock brahs at lets talk some upcoming plays
Got you with a neg, shorty.

Enjoy the reds.
"I am a rational animal who occupies the intermediary position between angel and beast"

"The upper class is afforded their position by the collective burden the underclass must carry for them"


**Summer Walker Crew**
post 1657883033 03-13-2022, 05:46 PM
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#16
  1. MetroBrah
  1. MetroBrah
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buddy of mine also told me about SNDL. I was like..fk this gambling chit. But maybe that is why he's a baller and I'm a pleb.
post 1657886213 03-13-2022, 06:53 PM
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#17
  1. CanuckGame
  2. Registered User
  1. CanuckGame
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Mirin.

Any advice on what a brah can do yo learn the stock market?

Someone with zero knowledge, what would you advise them to do in order to go from a zero to a competent stock brah?

I've always wanted to get involved but literally know nothing.
post 1657886793 03-13-2022, 07:03 PM
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#18
  1. Krackerjacked
  2. GnomeSaiyans Bruh
  1. Krackerjacked
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Gjdm! Happy for you srs
Sloots Gon Sloot.
post 1657887083 03-13-2022, 07:08 PM
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#19
  1. goingcia
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  1. goingcia
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Brah, the WORST trading strategy is digging for “insider info”. Not saying you’re lying but dont rely on this as a consistent method.
post 1657887113 03-13-2022, 07:09 PM
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#20
  1. nickh04
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  1. nickh04
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let me copy your trades for reps srs




you can just be my little nancy pelosi
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Neg on site for reddit and tiktok threads dedsrs
post 1657887253 03-13-2022, 07:11 PM
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#21
  1. bfdehewdbyywhn
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mirin OP

warren buffet of the misc
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post 1657888343 03-13-2022, 07:34 PM
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#22
  1. wolfofmarkcity
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  1. wolfofmarkcity
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As someone who's been trading every day the market's been open for the past 3 years: you'll lose it all if you don't come up with a real strategy. Dead ****ing serious. Last year was a raging bull market where every idiot made money by holding otcs.

It wasn't like that before, and it's not like that anymore.
post 1657888723 03-13-2022, 07:42 PM
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#23
  1. BraddlesMcGee
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  1. BraddlesMcGee
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How much of a problem was liquidity? Hard getting orders fulfilled?
Nocrew crew

SS final perma ban request
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post 1657888793 03-13-2022, 07:43 PM
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#24
  1. Ravishing_Rick
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The **** of ****street
*۩*legendary misc status*۩*
No Sloot Can Hurt A Man With Options~ Ravishing_Rick
all my bishes foreign PSN Ravishing_Rick
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post 1657893523 03-13-2022, 09:34 PM
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#25
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
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Originally Posted By samsbolton
fuk off you fraudin fukwit
Yeah cause I really got a good reason to fraud for no reason even though i posted pics lmao, low IQ at its finest. strong age to mentality ratio btw
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post 1657893623 03-13-2022, 09:35 PM
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#26
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
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Originally Posted By goingcia
Brah, the WORST trading strategy is digging for “insider info”. Not saying you’re lying but dont rely on this as a consistent method.
It's not a consistent method, I literally said this was because of the market condition directly after COVID. From winter 2020 to spring 2021 there were 100%-1000% runners every week, it was nuts. I simply stated how I made that work for me during volatility
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post 1657893723 03-13-2022, 09:37 PM
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#27
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
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Originally Posted By BraddlesMcGee
How much of a problem was liquidity? Hard getting orders fulfilled?
For the most part no because the market was on fire during that time, so volume was rarely dry until the massive dumps came. THEN it became hard filling orders, but 95% of the time I sold during volume spikes even if it continued going higher. There were times I missed on 50-150% more gains from selling too early but you could never time it perfectly so that's okay
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post 1657893793 03-13-2022, 09:39 PM
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#28
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
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Originally Posted By monster0ultra
Not hating, I'm happy for you.

Just want to say that for 100K, you're better off with a regular job. A regular job is relatively stable, you might not make 100K again the next year, or you could lose money, or you could make more.
Highly unlikely this continues to scale, you're right. Post COVID markets were something else. It has significantly died down since then. For me, I'm going to focus on TA and day trading with much smaller amounts now that I have the capital to play with. On the bright side I bought a decent 20k car last year with some of the funds
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post 1657893863 03-13-2022, 09:40 PM
-
#29
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
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Originally Posted By nickh04
let me copy your trades for reps srs




you can just be my little nancy pelosi
I wouldn't do that, I'm by far no financial expert i'm just telling my story.
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post 1657894643 03-13-2022, 10:04 PM
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#30
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  1. toppedout212
  2. Shh, no tears ( ͡° ͜ʖ ͡°)
  3. Join Date: Jan 2011
  4. Location: Negs on sight, if you call me, Chad
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Originally Posted By wolfofmarkcity
As someone who's been trading every day the market's been open for the past 3 years: you'll lose it all if you don't come up with a real strategy. Dead ****ing serious. Last year was a raging bull market where every idiot made money by holding otcs.

It wasn't like that before, and it's not like that anymore.
This is true, most people have lost their gains by now. I took my profits and ran, but i'm still using a smaller portion for risky investing. The rest will go toward a 123 swing trading style as that's what interests me in this type of market, but twitter/stocktwits remains a very good way to indicate potential runners imo
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