3 Things To Consider When Choosing A Penny Stock Broker

Choosing the right penny stock broker can help make or break your successes and your profits. You want to watch out for certain red flags that are a sign of a questionable broker all while considering some of the basics like required minimum account balance. In this equation there are three specific things you should research before you commit to a broker. Understanding these three things and why they are important will help you increase your profits in this fast-paced niche of stock trading. Continue reading

How to Read Stock Charts

A stock chart is simply a pictorial view of the price of a stock over time. Virtually all common styles of stock charts can be generated for free online or through your online stock brokers. Just generating charts is not enough. You need to learn how to read stock charts in order to gain any value from them. Learning how to read stock charts can be broken down into understanding the timescales, understanding the price scales, and knowing the different charting styles.

If you are buying penny stocks, you need to determine if you’re looking to capitalize on day trading or if you’re just looking for a diamond in the rough to stick with for the long run. Continue reading

Stock Market Software

Stock market software may process numerous assorted functions. This article will delineate the 3 primary fields of stock trading software systems and then over time I might offer certain suggestions within each area. The 3 primary areas are as follows: software only utilized to action trades, software utilized to graph the history of stocks, and software systems utilized to prognosticate the future demeanor of stocks.

I do advise performing your research before investing in any individual software system. You will see a ton of competition amongst day trading software developers. And although I can’t advocate one just yet, quality free day trading software is becoming more functional with the expansion of the open-source software development. Continue reading

Day Trading Software

Day trading software can serve several different purposes. This page will describe the three main areas of day trading software then over time I may make specific suggestions in each area. The three main areas are the following: stock trading software simply used to execute trades, software used to chart the history of stocks, and software used to anticipate the future behavior of stocks.

I do suggest doing your research before investing in any particular package. You’ll find a ton of competition among day trading software developers.

Buying penny stocks can be a competitive and volatile practice requiring great research and precision. The idea behind day trading software is to take as much of the busy work out of penny stock trading as possible so you can concentrate on the insights that lead to hot penny stock picks. Continue reading