As you strive to make the most of your penny stock investments you will want to take advantage of some of the tools available to you. One of these tools you should consider is a screener. Stock screeners help you look through a number of stocks to filter out specific ones through set variables. This can be a big time saver as you try to choose stocks that fit into your ideal trading plan.
There are a few different ways you can experiment with this to find the best fit for your trading strategy. You may want to consider a fundamental analysis or a technical analysis. Whichever you choose you can find stock screeners that are free or screeners that come with a fee. Learn more about the benefits of each type in this article. Continue reading →
Penny stocks are intriguing to investors because of their low value and the possibility of high gains, but with the possibility of high gains comes a greater risk of scams and fraud. Because these low value stocks can be manipulated by small groups for a profit, they are ripe for unsavory and unethical activity. If you plan on dabbling in this market, it’s important to understand some of the most common scams out there.
The most common scam or form of fraud is probably the pump and dump. Put simply this is where investors looking to cash in promote a specific stock to inflate the price of it, after they have bought shares at an extremely low price (the pump). Once the price is inflated they sell their shares and get out causing the stock prices to fall, leaving unknowing investors with virtually worthless stock (the dump).
But this isn’t the only scam in this market. Another way investors manipulate this market is through chop stocks. Continue reading →
Is it really possible to make significant money buying and selling penny stocks?
Yes, it is possible. Is it likely? Well, that’s another question. Some people have earned significant money simply buying penny stocks low and selling them for a profit, but actually doing this isn’t as simple as it sounds.
Because these stocks are low value per share they are tempting for the beginning investor, but this is actually a complicated market that can be quite volatile. Even though the price per share is low, these stocks are generally traded in volume. This is how you make more money, but it also what makes them risky. Prices can go up or down quickly and as the price goes down you need to find a buyer if you want to sell your stock.
Buying penny stocks and selling them for a profit requires research. If you are willing to do the work and put in the time there is money to be made in this business. There are a few keys to success in this market. Continue reading →
Like so many things, advances in the Internet and in technology have made buying penny stocks online accessible for anyone from the savvy stock investor to the casual day trader. You no longer need the education or attire of a stock trading professional now that you can buy penny stocks or any stocks from the comfort of your own home.
While it is great that this market has opened up to a wider range of people it is important to know that buying and selling penny stocks can be a risky business. You need to prepare and arm yourself with knowledge in this field if you want to increase your chances of success. Sure there is money in this market, but keep in mind the other side of this. Many people lose a lot of money on penny stocks, but with the right tools and knowledge you can decrease your risk and increase your chances for success.
Day trading software and stock newsletters are among the tools available, but it can be difficult to know where to begin. Continue reading →
Looking for spicy penny stock choices? Drooling over the most recent penny stocks to follow? it’s time to wake up. The best penny stocks to watch should be determined by you and you alone. Any external resources ought to exclusively offer you supplemental information that you evaluate along with your own technical analysis and due diligence. Breaking down trading and pricing models and exploring stock backgrounds may lead you to your own legitimate and fruitful list of penny stocks to watch.
You will find a few websites, forums and supposed penny stock mailing lists that plug hot penny stock picks as well as penny stocks to watch. But should you trust these sources? Continue reading →
Along with some extensive revisions to my current articles on Penny Stock Brokers, the OTC Market, and Stock Quoting Systems, I have some big news about Penny Stock Trading. We are now up and running on our new domain http://OnlinePennyStockTrading.org. All of our comprehensive guides are now on this new domain and we have more to come soon. This is a cleaner and more appropriate domain without that goofy dash in the domain name.
Even with a sluggish economy there are still plenty of opportunities in this particular market. This is a great time to be a micro cap stock investor if you have knowledge of the basics and a few good resources to help you. Continue reading →
I was just looking at a few different video sites and I found this interesting, encouraging video about what it takes to jump into the stock market and start learning:
Keep in mind there is always risk so evaluate your risk tolerance and set aside an amount you can lose and still be all right. Also learn a little bit about penny stock fraud before you start trading so you know how to spot it. Don’t go into this type of investing wide-eyed and naive. But don’t simply avoid it either; if you have interest in it start learning about it. Drive, motivation and courage can help you succeed in this market. Continue reading →