Is it possible trading penny stocks for a living? I always tell people the same thing. It is
very possible trading penny stocks for a living, and anybody can do it. So many people assume that penny stocks are to risky and investing in them will only lose them there hard earned money. The truth of the matter is, you can manipulate that risk and make it very small. You can make more than enough money to live off of. In fact, it is a great time to invest in
penny stocks. I am going to tell you why not only is it possible to trade for a living, it can be done by anyone!
We are in an economic crisis right now. Soon the whole world will start to suffer economically. For many people, this means the end of investing for them. They see all of there investments turning to nothing. I on the other hand, see great opportunity. In a time like this you have to look at the bright side. If you ask me, in this time, people are going to become very wealthy. Every time there is an economic crisis, many people make out like bandits! It is because they see the bright side of situations.
Penny stocks are going to be the medium a lot of people use to become wealthy. They are doing much better than larger stocks and will continue to do so during this crisis. When big business falls, the smaller will grow. It is how our nation works and is how it has always worked. So if are wondering about trading penny stocks for a living, go for it with everything you have!
I have been investing in penny stocks for a few years now and have been having a lot of success lately and you can to. All you have to do is learn the trade and apply what you learn. It really is not that hard once you get it down and it can give you that financial freedom you have been looking for.
Remember, you have just as big of a chance at succeeding as anyone else. All you have to do is have the will to learn and succeed. Learn something everyday and apply it. You will be making great money in no time. So trading penny stocks for a living is very possible. In fact, you could be trading penny stocks for a living sooner than you might think. Thank you for reading and good luck!
If you want to see the tool I've been using for my success, please visit
http://www.PennyStocksMadeEasy.com
Friday, October 24, 2008
How To Profit From Penny Stocks
There is a lot of people that want to know how to profit from penny stocks. Penny stocks have been given a bad reputation lately by people who have no idea about them. Uninformed people say that they are to risky and do not make good investments. Many people live off of penny stocks, and they live pretty well.
There problem is lack of knowledge. They view penny stocks like the same way they view long term investments. It doesn't work that way. I am going to give you a few hints on
how to profit from penny stocks.
First thing I use all the time to profit from penny stocks is trends. A trend is a pattern that you can identify in the stock price over a time range. For example, look up the past two years of a stock you are interested in and see if you see any trends. You may notice that the price rises for many months and then drops suddenly. Now that you know this information, you know not to buy at the peak but right after it drops. Then it is all profits while it raises. Make sure you do not get greedy and keep it until it drops. Unload it when you reach your goal!
If a stock has a large average trade volume, it is a good sign for a great investment. The larger the trade volume, the more true to the trend the stock will stay. This is an important factor that should not be over looked. So you see, knowing how to profit from penny stocks is really not that difficult. It is simply knowing what to look for and finding it. Anyone can do it really and make a great living off of it. So now you know how to profit from penny stocks, go do it!
I have been investing in penny stocks for a few years now and have done very well. Remember, you can succeed. All you need is the will to learn. Thank you for reading and good luck!
To find one of my favorite tools I use all the time to find great investments, please visit
http://doublingstocks.com/
There problem is lack of knowledge. They view penny stocks like the same way they view long term investments. It doesn't work that way. I am going to give you a few hints on
how to profit from penny stocks.
First thing I use all the time to profit from penny stocks is trends. A trend is a pattern that you can identify in the stock price over a time range. For example, look up the past two years of a stock you are interested in and see if you see any trends. You may notice that the price rises for many months and then drops suddenly. Now that you know this information, you know not to buy at the peak but right after it drops. Then it is all profits while it raises. Make sure you do not get greedy and keep it until it drops. Unload it when you reach your goal!
If a stock has a large average trade volume, it is a good sign for a great investment. The larger the trade volume, the more true to the trend the stock will stay. This is an important factor that should not be over looked. So you see, knowing how to profit from penny stocks is really not that difficult. It is simply knowing what to look for and finding it. Anyone can do it really and make a great living off of it. So now you know how to profit from penny stocks, go do it!
I have been investing in penny stocks for a few years now and have done very well. Remember, you can succeed. All you need is the will to learn. Thank you for reading and good luck!
To find one of my favorite tools I use all the time to find great investments, please visit
http://doublingstocks.com/
What Are Penny Stocks?
Many people wonder about penny stocks. Their is a growing interest because people have heard that investing in these stocks can be very lucrative. Their is some risk for this reward, but with the proper research this risk can be minimal. This article will explain in detail what are penny stocks.
New investors think these type of stocks are worth just a few "pennies." In the United States, many people identify a stock as a "penny stock" when the trades are for less than $5 a share. The stocks advice newsletter I use for hot penny stocks picks, considers trades as "penny stocks" when the price per share is $2 or less. Some people in the United States financial and stock markets consider ANY stock, regardless of price, that is traded outside of the major exchanges, which include NYSE, NASDAQ or AMEX, as "penny stock." In addition, investors may also "disapprove" of these types of stocks as being fraudulent or beneath their consideration.
The Securities Exchange Commission's - SEC, official answer to the question of "what is penny stock?" is -- any low priced stock share from a small company that is trading through quotation services or major stock exchanges. The term is based solely on the price of the share, not on who lists it. Although the SEC officially states it doesn't matter where these shares are traded for them to be defined as such, these stocks are usually traded over the counter (OTC) through quotation services like OTCBB - Over the Counter Bulletin Board, which is an electronic quotation system in the US that displays real-time quotes, last sale prices and volume information of OTC equity securities not listed on NASDAQ or any national securities exchange.
They may also be traded OTC through Pink Quote or Pink Sheets, which displays quotes from broker-dealers for OTC securities.
Many new investors think penny stocks are the best way to begin investing. Yet, as I have learned through the expert Stocks Advice Newsletter I receive, if you do not complete your due diligence in researching and analysing any stock purchase, penny stocks or major, you can almost be certain that you will lose your money. Doubling stocks, even tripling in a very short time are well known in this investing scenario. Yet you still need to know how to choose and buy the right stocks, know which should be held and how long, and which should be sold. Learning these indicators and applying them can mean the difference of profiting or losing your money.
If you would like to learn all about penny stocks investing for high profits, please visit
http://www.pennystocksmadeeasy.com/
New investors think these type of stocks are worth just a few "pennies." In the United States, many people identify a stock as a "penny stock" when the trades are for less than $5 a share. The stocks advice newsletter I use for hot penny stocks picks, considers trades as "penny stocks" when the price per share is $2 or less. Some people in the United States financial and stock markets consider ANY stock, regardless of price, that is traded outside of the major exchanges, which include NYSE, NASDAQ or AMEX, as "penny stock." In addition, investors may also "disapprove" of these types of stocks as being fraudulent or beneath their consideration.
The Securities Exchange Commission's - SEC, official answer to the question of "what is penny stock?" is -- any low priced stock share from a small company that is trading through quotation services or major stock exchanges. The term is based solely on the price of the share, not on who lists it. Although the SEC officially states it doesn't matter where these shares are traded for them to be defined as such, these stocks are usually traded over the counter (OTC) through quotation services like OTCBB - Over the Counter Bulletin Board, which is an electronic quotation system in the US that displays real-time quotes, last sale prices and volume information of OTC equity securities not listed on NASDAQ or any national securities exchange.
They may also be traded OTC through Pink Quote or Pink Sheets, which displays quotes from broker-dealers for OTC securities.
Many new investors think penny stocks are the best way to begin investing. Yet, as I have learned through the expert Stocks Advice Newsletter I receive, if you do not complete your due diligence in researching and analysing any stock purchase, penny stocks or major, you can almost be certain that you will lose your money. Doubling stocks, even tripling in a very short time are well known in this investing scenario. Yet you still need to know how to choose and buy the right stocks, know which should be held and how long, and which should be sold. Learning these indicators and applying them can mean the difference of profiting or losing your money.
If you would like to learn all about penny stocks investing for high profits, please visit
http://www.pennystocksmadeeasy.com/
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