Trading Penny Stocks For Profit
Most people know I am not easily impressed...
and generally skeptical about so called "new" trading secrets and magical formulas.
I am just saying that I don't put much stock in supposed "secret discoveries" that are supposed to turn the world on its head.
So as you can imagine, I completely ignored rumors about this ivy league statistics genius who'd come up with a formula and process to identify undervalued stocks AND predict when they would move.
After many hours of research and investigation I was convinced to try him out.
After placing a few Penny Stock Trades successfully I was convinced that you can grow your income and improve gains by getting more skilled and learning more about this type of investment.
With the kind of recommendations provided I was able to do some more due diligence and company research to enable me to confidently follow the recommended trades provided.
Over the last few months I have increased my trading income and cashflow by trading predominantly Penny Stocks as recommended to me.
The advantages I see with Penny Stock trading is that it is relatively cheap to do.
As most of these stocks are under five bucks a piece they are within everyone's reach.
Obviously I am dealing with a portion of the market that is considered high risk as often they are start up companies or very low market capitalisation type companies.
However, to offset my cheap high risk investment there is the fact that often when one of these companies moves on the market, they move very quickly and the gains made on a small investment run into the 100's to 1000's of percent.
Trading in this way is a great way to learn the market and experience the thrill of risk and return.
A word of caution - you need to be prepared to lose what you invest as with any type of investing.
So, don't put the house on it! If you expect returns, then maybe some other form of investment that is a bit more stable would suit your style more.
If you have some spare cash and are speculative then this may be for you.
and generally skeptical about so called "new" trading secrets and magical formulas.
I am just saying that I don't put much stock in supposed "secret discoveries" that are supposed to turn the world on its head.
So as you can imagine, I completely ignored rumors about this ivy league statistics genius who'd come up with a formula and process to identify undervalued stocks AND predict when they would move.
After many hours of research and investigation I was convinced to try him out.
After placing a few Penny Stock Trades successfully I was convinced that you can grow your income and improve gains by getting more skilled and learning more about this type of investment.
With the kind of recommendations provided I was able to do some more due diligence and company research to enable me to confidently follow the recommended trades provided.
Over the last few months I have increased my trading income and cashflow by trading predominantly Penny Stocks as recommended to me.
The advantages I see with Penny Stock trading is that it is relatively cheap to do.
As most of these stocks are under five bucks a piece they are within everyone's reach.
Obviously I am dealing with a portion of the market that is considered high risk as often they are start up companies or very low market capitalisation type companies.
However, to offset my cheap high risk investment there is the fact that often when one of these companies moves on the market, they move very quickly and the gains made on a small investment run into the 100's to 1000's of percent.
Trading in this way is a great way to learn the market and experience the thrill of risk and return.
A word of caution - you need to be prepared to lose what you invest as with any type of investing.
So, don't put the house on it! If you expect returns, then maybe some other form of investment that is a bit more stable would suit your style more.
If you have some spare cash and are speculative then this may be for you.
