guys, somebody with experience here. Invest in penny stocks when...

guys, somebody with experience here.

Invest in penny stocks when you understand the space and it's long term future.

When do you sell, and why those companies will be worth a lot more? What industry are they disrupting? Will the law change? Is popular opinion changing? What s the profitability? Would other industries buy them out?

research macro investing, penny stock or not, long term, stock markets always go up.

finally diversified is a terrible idea if you have a good vision of an industry, if you don,t then sure but your not maximizing your returns.

How good and smart are you? The market will let you know.

Good luck. It takes a good 5 years to get the basics, probably about 15 to start getting it. The earlier you start the better. You want to be good at it so when you do have available income to invest it works hard.

To be good doesn't mean to trade, it means to buy well, and sell well, because that is ultimately very complex.

What's happening to real estate? world? Australia?
What's happening to gold? why?
What's happening with cryptos?
What's happening with bonds?
What's the weather going to be like in 10 years?

All of those answers will give you an edge. It's very complex. The best macro traders can answer all of those.

Will stop there but you get it. The biggest mistake people make is not understanding that EVERYTHING is connected and GLOBAL