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Swing Trading the Stock Market

An Email From Merle: Knock Off The Penny Stocks

Swing Trading the Stock Market

Ryan Mallory

Business, Investing

4.7828 Ratings

🗓️ 19 December 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

Trading penny stocks is a sure fire way way to blow up a trading account and Ryan Mallory tackles this listener's emails about his belief and hope that he can successfully build his portfolio through trading penny stocks. 


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*Disclaimer: Ryan Mallory is not a financial adviser and this podcast is for entertainment purposes only. Consult your financial adviser before making any decisions.

Transcript

Click on a timestamp to play from that location

0:00.0

No home. No address. No address. No bank account. No bank account. No job. No job. No home. No address. No bank account. No job. No bank account. No job. No home. It's time to break the vicious circle.

0:21.6

We're working with charities like Shelter to provide a bank account for people who are homeless.

0:26.6

Search HSBCUK, no fixed address. Hey, I'm Ryan Mallory and this is my Swing Trading, the Stock Market podcast.

0:40.9

I'm here to teach you how to trade in a complex, ever-changing world of finance.

0:46.6

Learn what it means to trade profitably and consistently, managing risk, avoiding the pitfalls

0:51.6

of trading, and most importantly to let those winners run wild.

0:55.8

You can succeed at the stock market, and I'm ready to show you how.

1:00.1

Hey, everybody. This is Ryan Mallory with Swing Trade in the Stock Market.

1:04.7

Got a good episode for you guys here today. I'm doing an email. It's an involuntary email.

1:13.5

This guy doesn't even know that the email he sent me is going to be used. I'm not using his real name. I'm definitely not using his real name.

1:17.3

Giving him the name based off of the advice of the people in the trading block, I asked him,

1:21.9

hey, I need a good name. They told me to use Merle, Merle. And I like the name Merle, man. This is, this is a Merle-like email, right?

1:29.8

And I got this email last night. And I'll give you a little bit of a backstory on it.

1:33.3

And I really don't want to blast this guy too hard here because he's actually a listener of the podcast.

1:39.2

So he's going to hear it. And I'm not trying to attack him at all. I just really want to get through to him. That's all I want to do.

1:45.3

I'm going to dedicate an entire podcast episode to try to get through to this guy

1:48.9

because I want him to make a good career out of trading,

1:52.7

or at least if it's part-time, to make it part-time.

1:55.2

But I'm seeing what this guy is doing and the road that he's going down,

1:58.1

and I'm afraid for him.

1:59.6

I really am. I noticed this morning

2:02.3

when I woke up and I was like, man, this guy, Merle subscribed to the trading block and then

...

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