Strategies for Successful Investors

 

How to Start Penny Stock Trading

You can invest in many Penny Stocks without a lot of capital to begin with. Many Penny Stocks trade under a penny. You can buy a large size of shares without having to invest your entire life's savings. Penny Stocks being so affordable allow you to invest into more than one thing and leave you with a bigger portfolio. Here are a few things you will need in order to start trading Penny Stocks.

You will need a Computer and the Internet to research. You also need a computer to sign up for a brokerage firm that you can trade with. There are many out there online that include Ameritrade, Schwab, and E-trade. You could even look in the phone book and find many brokers but many investors opt for internet trading which is why these particular sites are good. Many brokers in person are expensive and like to deal with bigger stocks. Using the internet you can have easy access to your account and have much lower fees for each trade.

You will need to learn what means what in the wide world of Penny Stocks. Many internet sites offer useful information that help you with the initial idea of how penny stocks work. You can learn about current prices, volume, market movements, 52 week highs, 52 week lows, how to read charts, stop losses, shorting, etc. You may want to try software that can help you find Penny Stocks faster.

 

There are different programs online that offer you lists of hundreds of Penny Stocks as they move up and down in real time. One of the critical things needed to trade is a program that allows you to see the stock in real time. Yahoo Finance and other quote services are usually not up to date on what the stock is currently trading at that very moment.

You will need to do is spend some time researching. Research is one of the most critical things you will need in order to be a successful trader. You have to know what you are buying and why you are buying it. After you have found Penny Stocks you want to invest in, establish how much you are willing to risk and lose. This is one of the most important factors in trading as it may save you from losing a lot of money in the long run.
 

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A raw NO nonsense style of investing in penny stocks that works in all markets. We have been trading the market for 15 years and focus on all markets but primarily penny stocks.

What are penny stocks? Penny stocks are usually defined as stocks that trade on the OTC BB or Pink Sheets exchange. Many consider penny stocks anything under $5.

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