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One thing I want to urge you to do today is to learn how to trade penny stocks and begin to make
$500 a day every day. Before you get started you must understand that penny stocks are priced
below one dollar and in some cases not more than $5. They are not traded on a stock exchange
but are traded in the over-the-counter (OTC) market. In some cases, you could include only those
stocks traded in the pink sheets, while some may include the entire OTC market.
To invest in penny stocks, you need the services of a broker. Penny stock brokers you can
consider online include Sharebuilder, Ameritrade, Zecco, E*Trade, Scottrade, Trading Direct,
LowTrades, amongst others. For example, E*Trade is a cheap broker that is good for active
traders who do not need much support from customer service. E*Trade charges $12.99 for both
market and limit orders including penny stocks on the OTCBB or pink sheets. You will be required
to open an account with at least $1,000. You must also ensure you have sufficient funds in your
account to take care of your stock purchase and your broker's fee.
Penny stocks provides potential to rise in value 100%, 200%, 500%, or even 1000% within a short
time period. They also carry along with them some big risks. To be successful trading them, you
must pick the stocks that have the best potential, least number of "red flags" and a strategy that
will let you lock in solid profits and reduce risk. There is one powerful strategy you can use to reap
huge profits right now!
One of the best known ways of trading penny stocks requires that you study the pink sheets. Be
conversant with what is known as an investor awareness campaign. Some promotional firms are
usually hired by or on behalf of traded companies to get their stories out to the press by sending
out company profiles using message boards, through e-mail, chat rooms, posting relevant
information on high traffic financial websites, radio and television. With the right promotional
techniques, the information quickly gets to hundreds of thousands of investors overnight creating
huge amounts of exposure for the company. The publicity alone is enough to skyrocket the stock
prices of most companies overnight.
Last year alone, over 1400 stocks experienced price gains of over 30% in one day alone because
of these publicity campaigns. Some penny stocks even moved 100% or more on the first day and
later rose to more than 1000% within weeks.
In order to make over $500 a day every day from your penny stock trades, you need to get alerts
on what stocks is set to explode into profitable ones. You must trade like the smart and active
traders that snoop around for the right information to base their trade. Once you get the right alert
you can quickly get in early before everyone else starts buying. The upside for you can be
awesome.
2. Now, with artificial intelligence, you will be privileged to use a day trading robot to scan and
evaluate the large database of penny stocks to provide you with profitable stocks to buy and sell at
the appropriate time. All you have to do is wait for the alert to buy and at the right time you will
receive another alert to sell making you huge profit at the end. This is the best and profitable way
to trade penny stocks without burning your fingers.
Visit here now to watch the video and learn how to trade penny stocks the smart way and make
$500 a day every day. It is easy and revolutionary!
Article Source:
http://EzineArticles.com/?expert=Barbara_Kingsley-Johnson
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To turn $1,000 into $1,000,000 in just 38 trades, check out this site:
http://tinyurl.com/6s656tw
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