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The speaker shares their experience of making significant profits by investing in Reddit stocks at the right time. They now follow trends in well-established stocks such as Meso Excel, NVIDIA, and AMB, rather than guessing which ones will rise weekly. Initially, they lost money trading penny stocks and low market cap companies, thus advising to invest in well-funded and profitable companies.
Transcript
00:00What's like your favorite ticker of memory where you made the most amount of money?
00:02It was Reddit. It just opened up and then I grabbed it at the right price.
00:07It's always up now.
00:08SOXL, Triple Leverage and tied to NVIDIA and AMD and the chip stock.
00:12So I don't really have to guess which semi is gonna go up this week.
00:15I can just sort of follow the trend.
00:18When I first started trading, I was dabbling a lot with penny stocks and
00:21very low market cap companies and I lost a lot of money doing that.
00:27So stay away from all those startups.
00:29You know, go on to the more better funded, better earnings companies.

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