If you’re interested in trading penny stocks, you probably know that the market can be highly volatile and can quickly turn into a scam. Despite this, penny stocks can be highly lucrative, and the low investment required is appealing.
This is where Microcap Millionaires by Matt Morris helps out. Microcap Millionaires is an investment service that offers advice on the best microcap trading practices.
But is it worth your investment? With so many trading programs promising overnight wealth, it’s easy to be skeptical. In this Microcap Millionaires review, we’ll take a closer look to determine if it’s the right choice for you.
What Is Microcap Millionaires?
Microcap Millionaires is a subscription-based stock picking service founded in 2008 by Matt Morris. This service focuses on microcap or penny stocks and sends out weekly newsletters highlighting potential trading opportunities among small-cap companies.
Unlike other services of its kind, Microcap Millionaires is designed with all levels of traders in mind, from beginners to seasoned traders. The goal of the program is to provide traders with the skills needed to excel in the penny stock world. Microcap Millionaires selects its top picks using Matt’s extensive trading experience in penny stocks to ensure the best returns in the shortest amount of time.
The service covers the basics of penny stock trading, such as how to observe the market objectively, ways to get exposed to price fluctuations, and how to come up with successful trade plans.
Additionally, Microcap Millionaires is created for people with small trading accounts who would like to grow them into something bigger, and for traders who don’t have the time to stay in front of their screens all day watching stock movements.
Microcap Millionaires Features
Microcap Millionaires offers a range of features for its subscribers, aimed at helping traders make the most out of their investments. Here are some of the key features that the service offers:
- Weekly Stock Picks: Every week, Microcap Millionaires sends out its top penny stock picks right to your inbox. These picks come with tips on how to approach them, making it easier for you to make informed investment decisions.
- Private User Forum: As a member of Microcap Millionaires, you also get access to a private forum where you can discuss trading strategies with other traders. This is an excellent resource for learning from experienced traders and getting feedback on your own strategies.
- Watch List: The service also provides a watch list that tracks potential trades and their weekly stock picks. This feature enables traders to monitor opportunities beyond the weekly recommendations.
- Technical Analysis: Microcap Millionaires presents its weekly stock picks with technical analysis, so you can understand why the stocks have been chosen and how to approach them best. This feature is particularly useful for beginners and experienced traders alike.
- Penny Stock Strategy Guide: Subscribers also receive access to Matt Morris’ Penny Stock Strategy Guide. This guide is a fantastic resource for trading penny stocks, offering useful insights and tips for traders of all levels.
Microcap Millionaires Pricing
The subscription plan for Microcap Millionaires costs $97 per month with no option for a one-time fee. For an additional $297, subscribers can add the “Buy & Sell Text Message Alerts for Stock Picks (1 Year)” to their subscription, which sends text message alerts when a new trade is recommended or when it’s time to sell.
Although the subscription cost may seem high, it is a common price range for services that provide trade alerts and analysis. The lack of text alerts included in the base subscription may be disappointing to some traders who prefer this feature.
Microcap Millionaires Review: Pros & Cons
Microcap Millionaires comes with its own unique Pros & Cons. Here are the main ones that should be mentioned
Pros
- Great reputation and reliable service
- Beginner friendly platform
- Simplifies Microcap stock trading
Cons
- Must pay extra for text alerts
- Sales videos are off putting to some
Microcap Millionaires Alternatives
If you have read this far and feel Microcap Millionaires might not have what you are looking for, you’re in luck. There are many quality alternatives out there.
Microcap stocks are known to be high risk and high reward. Instead, if you want to look into the less risky high dividend options, The Oxford Club Income Letter is a trusted source for all the information you need. This Oxford Club Income Letter Review will give you all the information you need to know to determine if it is right for you.
If you are looking to spread your money, and risks, out with mutual funds, Morningstar is a great source of insightful information to help you choose the right funds to meet your investment objectives. Learn more by reading this Morningstar review.
If you are looking for an affordable, thorough, investment research platform, the Motley Fool is the first one that comes to mind. They have a proven track record of picking winners for the past two decades. To learn more about them, start with this Motley Fool review.
Are Microcap Millionaires Right For Me?
If you’re looking to trade penny stocks without spending a lot of time on research and analysis, Microcap Millionaires is worth considering. The service provides weekly alerts for new penny stocks that you can trade right away.
While the subscription cost may be high for some, the potential profits from successful trades can quickly outweigh the cost, making it a worthwhile investment for those committed to trading microcap stocks.
If you’re interested in giving Microcap Millionaires a try, click here to check it out!