Does the stock market crash of 2022 matter if you’re trading penny stocks? Of course, it does, and as investors and traders, YOU have an important choice to make right now. Whether you’re brand new, learning how to trade penny stocks, or a seasoned professional honing your skills…how you choose to make your next move matters the most!
What exactly is this “next move” we’re talking about?
Whether you want to believe it or not, the stock market has crashed in 2022. The Nasdaq ETF (NASDAQ: QQQ) imploded 24% year-to-date, the S&P 500 ETF (NYSE: SPY) is down more than 15%, and the Russell 2000 Small-Cap ETF (NYSE: IWM) has fallen as much as 24.5% this year!
Stock Market Crash + Recession?
If a stock market crash in 2022 isn’t enough, some signs also point to a recession. Unfortunately, most retail traders and investors feel the pain of a stock market crash and a potential recession. They’re quickly finding that this isn’t the same stock market as in 2020 or 2021.
When the pandemic began, we saw a massive drop in stock prices to levels not seen since 2017. This left retail traders and investors in mind-sets. They were either panicking or excited beyond belief.
Those who cast aside the doom and gloom of mainstream financial media outlets were ultimately the winners of the pandemic sell-off. We saw analysts like Ariel Investments’ John Rogers call the pandemic crash a “once in a lifetime buying opportunity like ’87 and ’08.”
Will Penny Stocks Be Part Of This Once In A Lifetime Opportunity?
The stock market in 2020 and 2021 went straight up. It didn’t take much skill or know-how to make money trading penny stocks or higher-priced stocks in that timeframe. We saw millions of new traders and investors try their hands on “this stock market thing” with excellent results. Every dip in the stock market brought a buying frenzy that took it to all-time highs.
Then we saw the rise of “the Apes” fight back at the “hedgies” on Wall Street. Beaten down and heavily shorted penny stocks including AMC Entertainment (NYSE: AMC), GameStop (NYSE: GME), BlackBerry (NYSE: BB), Bed, Bath, & Beyond (NASDAQ: BBBY), Tilray (NASDAQ: TLRY) and others exploded thousands of percentage points. Even brokerages like Robinhood Markets (NASDAQ: HOOD) caused an uprising in the stock market for actually halting and limiting purchases of many of these so-called “meme” stocks.
Cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) also had time in the sun. Both reached fresh all-time highs and brought attention to riskier alt-coins, Dogecoin and Shiba Inu. Even corporate executives, including Tesla’s (NASDAQ: TSLA) Elon Musk, got in on the action. They helped fuel the fire of FOMO.
You Have A Big Choice To Make
This year is a much different one than past years. It’s the first time millions of these new market participants have encountered a stock market that doesn’t only go up. That means learning how to trade penny stocks, higher-priced stocks, and options is more important now than ever before.
If you’re a trader or investor in the stock market during 2022’s wild conditions, including this recent stock market crash, especially for small-caps and penny stocks, you’ve likely already noticed this. Having a strategy in place and knowing how to find the best penny stocks to buy is more difficult but not completely unattainable if you know what you’re doing. The choice is yours:
You can sit back and do nothing. Watch your IRAs, 401Ks, long-term portfolios & short-term trading accounts continue to bleed out while you sell for significant losses and try to hoard as much cash as you can, praying for a stock market bounce that you can buy back into.
You can choose not to buy into the panic this stock market crash has created. Easier said than done, right? MAYBE, but IF you tune in to today’s live trading stream, we will show you that history has taught us that the stock market will recover, and in fact, we have a decent chance of closing out 2022 in the green, which may seem like a crazy statement but it’s not and today 5/16/2022 at 4:00 pm ET live on YouTube you will learn why!
Most retail traders & investors that got into the markets during 2020 & 2021 when everything went straight up have taken a big hit in 2022, but it does not have to be this way. You now have a chance to set yourself apart from others who are lost in this environment. There are penny stocks to buy now to make money with and plenty of trade ideas that can help you thrive as long as you are educated and willing to invest in yourself.
Learn To Use A Stock Market Crash To Your Advantage
LIVE TODAY at 4:00 pm ET on YouTube – True Trading Group will show you How to Make Money Trading a Stock Market Crash in a Recession + This Week’s Market Predictions LIVE & give you this week’s stock market outlook, stock market predictions & stocks to buy now.