The United States is the financial capital of the world, and when many people think of stocks they think of blue chips like IBM, Microsoft, Intel and so on, but there is another market out there as well, and that market revolves around Penny Stocks.
These are ones that are under $3.00 a share, and a great majority of them trade for under $1.00 a share. Some trade millions of shares a day, some don’t at all for days.
Why Trade In These?
You may be wondering why you would trade in these, one of the things that attracts people to them is that their low price allows individuals to accumulate a lot more shares than they would be able to if they purchased say Google stock (GOOG) which is trading over $500.00. $500.00 of a $1.00 stock will get you 500 shares rather than the one share of Google. Another reason people hold these in their portfolio is of the movements in them, it’s not uncommon to see some move 20%, 40%, 100% in a day.
How to Trade Them?
How to look after these depends really on you, are you a momentum or a technical trader? Understanding what type you are and finding shares that are set up for that type of trade can lead to a very profitable career.
Which Should I Trade?
As mentioned earlier, some trade millions of shares a day, some don’t trade at all, which is why we are here to help, we search the market for ones on the move, news related to companies who shares are considered penny stocks, we look for technical indicators of those that are perfect to short or those that are breaking out, we profile companies and stocks that we think may interest you, because in this market information is key to your success.
How Do I Get Started?
Our recommended route into the world of penny sock investing is through a newsletter. This one in particular brought to you by Microcapmillionaires is highly thought of. These types of newletters can tell you when to enter and exit the market. This one for a Limited Time offer non paying subscribers 3 Free Stock Picks. This offer will end at some point so go hurry and try them for free..
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