ADTX - a lesson learned in trading

Just learned a very important lesson about trading: high volume doesn’t mean anything if the company is BS.

Most of the penny stocks on here are P&Ds where the community bands together to buy low and sell high, which, theoretically, should work because of the basic laws of supply and demand. This wasn’t the case for ADTX, it had over 200 million in volume but instead of pumping to a crazy level, but looking at it now, it seems like there is no way up for this seemingly useless company.

This was just a massive reminder to all of the new traders, don’t trust everything you see. Just because you go on the lounge and “everyone” (by everyone, more often than not, most of the “people” that just leave the stock’s ticker are bots that people have made to make profits FOR THEMSELVES) is talking about a stock, it doesn’t mean it’s going to automatically skyrocket and double your money.

That’s not to take away from this great community, a lot of stocks started off as a penny stock and have shot up with no signs of coming down and these companies have massive contracts and have great futures, but those companies will come rarely, so please do your own research before investing your money into these stocks. Otherwise, instead of throwing your money into something without looking into it, you’re better off closing your eyes and throwing that money on red or black.

THIS IS FINANCIAL ADVICE