How I made 300% return on the stock market in the past 3 months

I made 300% return from using Robinhood and a random penny stock finding app on the playstore. I know, you’re probably thinking you rather shit in your own hands and clap than use Robinhood or Invest in penny stocks, But by following these simple steps, even a simpleton can increase their chances of being successful on the stock market.

Steps to follow

1. Find a list of Penny stocks, you can use whatever platform you choose, but my personal favorite is PennySearch, because you can filter penny stocks by sector, top losers/ gainers, and view news.( https://play.google.com/store/apps/details?id=org.invescent.pennysearch)
2. Risk management, to minimize loss filter penny stocks by top losers, a stock that is down 15% to 50% is in a much better position statistically to increase in value as opposed to a stock that’s up 50%. The risk in buying at these levels are low, unless you buy a steaming pile of dog shit.
3. Grab a piece of paper, or inside a word document, write down 10 Penny stocks.
4. Go on Google, and find out why these stock are trading at this levels does the news sound like B.S or is it legit, if any penny stock is down because of a reverse split, or bankruptcy then DO NOT BUY IT.

What to look for when buying a penny stock

1. Catalyst, does this stock have potential catalyst that can increase it’s value such as FDA approval or potential partnerships?
2. NASDAQ compliance, how long does the stock have to reach $1 until it’s delisted from NASDAQ.
3. Debt to Cash ratio, most penny stocks are risky, but there are some gems that have more cash than debt.
4. Operating Expense, analyze how well a company mitigates it’s risks throughout the year, and what the money is being used for.
5. Revenue Growth, demonstrates a company’s growth in sales. It’s also a good indicator in determining how well a company is expanding.
6. Insider Ownership, high insider ownership gives the company management incentive to maximize shareholder value.

Additional Resource:

Most information can be found online for free, but I use Invescent( https://play.google.com/store/apps/details?id=org.invescent.invescent&hl=en_US&gl=US) to analyze companies quickly as well as Finviz.

Tip:

Do not listen to pumpers on social media sites, do through research, control your emotions, & be patient, you do not need to trade every day.