There are many who are looking for ways how to make penny stock fortunes. However, most of these people will never learn to make money trading penny stocks. Some of them will lose quite a bit of money on can’t miss trades; others will become so confused that they walk away convinced that penny stock trading is a scam. There are a few that will learn the craft and those
A consistent way to make money trading penny stocks is to look for them to lose value. This is called short selling. Shorting penny stocks have become a very popular trading strategy for many traders. Rather than hoping that a penny stock is going to move upward they wait till a penny stock makes a seemingly unwarranted increase in price and then step in and short them.
I was doing some searches the other day and I came across an interesting and odd search term: cheap penny stocks. That seemed sort of odd to me and struck me as funny. Penny stocks by their very definition are cheap penny stocks. Penny stocks are companies that are trading at less than $5 per share. Many penny stocks trade even lower than this. Believe it or not there
What is more important when trading penny stocks: fundamental research or technical analysis? I use technical analysis primarily and only use fundamental research to narrow down a choice of candidates that I have been following. Remember what we are trading. We are trading penny stocks. That being the case, we will not find too many candidates that will stand out to us
It is important to understand the difference between penny stock trading and penny stock investing. This site is called Penny Stocks Trading for a reason. I am not here to invest in Penny Stocks. I am here to trade Penny Stocks. Penny Stock investing is a roll of the dice. You have no idea how these companies are going to fare long term. I definitely do not want to hold