Learning to day trade and being able to day trade for a living are two different things. Here we will teach you the best strategies to become a full time day trader. Day traders have many different methods and they trade many different stocks. If you would like to day trade penny stocks, you must focus on both this section and our penny stock section as penny stocks are much more dangerous to trade.
Trading penny stocks is for everyone, you've come here to learn how to trade penny stocks or you already begun trading these volatile stocks and need more information on penny stocks to become a successful trader. In either case, don't stress. Penny stock trading is a learning experience even for the professional traders.
A penny stock can be found on the OTCBB (over the counter bulletin board) or in pink sheets. The OTCBB penny stocks have to file with the SEC while a pink sheet penny stock is not required to file at all. There are very high priced penny stocks and micro penny stocks where the price can be as low as .0001 at times even lower.
Dig around our site you will find a penny stock glossary, penny stock articles, penny stock tips, penny stock tricks in filings and tricks that are played by the market makers. Head on over to our forum or chat room for hot penny stock picks. When you have a hot penny stock pick let us know by posting it we will be glad to share our thoughts both good and bad on your stock pick.
If you're interested in Penny Stock trading, you may be interested in forex trading with FXCM, one of the world most lucrative trading markets.
There are many things to think about when purchasing a penny stock. Here is a checklist that is helpful to many beginner traders, it is essential for penny stocks and has been internalized by many professional traders. By no means does this list encompass all rules a penny stock trader needs to know...Read More
Trading Penny Stocks
Penny stocks are traded by novices as well as professionals. Some traders use penny stocks as a tool to learn trading, while others are more adept at making money in this market. Penny Stocks are cheap, and that is why they are called penny stocks, although not always costing a penny most penny stocks range in price from $5.00 to .0001...Read More
Should You Buy Penny Stocks?
This question is not an easy one to answer. The answer depends on many variables. We'll start with who should not buy penny stocks. You should not buy penny stocks to invest in the college education of your children. It's a bad idea if the sole investment in your retirement portfolio is penny stocks. Having one or 2 penny stocks in a large retirement portfolio is great... Read More