Archive for the ‘Penny Stocks’ category

Stock Market Today

December 12th, 2011

The stock market today is a market in complete turmoil. We’ve had the Bush/Obama crash and subsequent bounces from those low points. Yes, I repeat, bounces. The stock market today is not in an uptrend due to some great political work from President Obama or anyone else. The recent rise up over the last few years was nothing more than a “dead cat bounce”. This bounce created a feeling of recovery for a small few who either are politically motivated or have no clue what they are talking about.

Today’s stock market is looking for direction. It will most likely trade back and forth like this for some time. Business and the market in general will be gearing up for the next election. At this point they will be able to gauge which way the politics will lead and therefore they can react and put their companies on the best course to succeed. There are companies at the moment with the current political environment that will not attempt to grow their business or hire extra people. This is not something I would agree with necessarily but it is a fact that companies are waiting until there is a more favorable corporate climate in the air.

Forex Market Hours

November 15th, 2011

Traders often ask what the Forex market hours are. This is much different from the normal American stock market hours, technically this market is open 24 hours a day. The Forex market allows you to trade any time of day or night. That doesn’t mean you should trade at any hour, you should find the best time to trade within the market. It does mean if you need to sell a Forex position in the middle of the night, then you can. Click here for the full forex market hours

Is There A Safe Way to Trade Penny Stocks?

November 1st, 2011

Is There a Safe Way to Trade Penny Stocks?

Trading any stock is risky, but penny stocks can be particularly risky. Penny stocks do not have a high liquidity, they carry the same risks as other stocks, and even though they cost less and can be funded with a payday loan, you can still lose a bit of money with them. However, new investors can learn much by trading penny stocks and find ways to reduce the risks associated with penny stock trading. Read more on Safely Trading Penny Stocks

Active Penny Stocks

October 28th, 2011

An active penny stock is one that moves up, down or sideways on a daily basis with decent volume. Its tough to tell you exactly how much volume because at 2 dollar penny stock will often trade with less volume than a .0001 penny stock. Obviously with the .0001 stock you can buy a lot more shares with the same amount of money than you can with a 2.00 stock. The amount of volume should be enough to get you in the stock without the price jumping away from you and when you sell you don’t want the bid to drop on you due to the amount of shares you are selling. Read more on Active Penny Stocks

Trading Stocks Online For Beginners

October 11th, 2011

When you first begin trading stocks online you must open an account with an online discount broker. In the past we’ve mentioned some brokers and shortly we will have a large list of the good and bad of brokers but for now, find a solid broker with a good reputation if you wish to trade penny stocks, ensure that this broker will allow penny stock trading.

That’s it.

Without a broker you can not trade. Now that you have a broker what are your trading plans. Here are 10 of our ideas (there are many more if you search):
4 Things to Look for When Buying a Stock
Various Day Trading Strategies
20 Huge Investment Mistakes
Buying Penny Stocks
Buying Stocks on Dips
Swing Trading Strategies
Arbitrage Trading
Buying Penny Stocks on The Bottom
Buying Stocks on Margin
Buying Gold Vs. Buying Silver

Hope these articles help you turn a profit in the trading world.

Buying The Dips

September 26th, 2011

Buying the dips is a strategy used to purchase the stock you want at a better or cheaper price. When you find a stock you like you should begin to follow and chart the stock. Nothing moves straight up and even if your stock is moving upwards it will have a couple days of down prices before continuing its trend upward. Perfect timing when “buying the dips” would be to catch the stock on a pullback to a recent support area and then pick up the stock. You will be at an area of support and hopefully the support will hold and bring the price higher, in this case you will immediately have a green trade. Some traders use the buy the dip strategy to increase their position in a stock as well. Day traders will use this strategy for intraday trades where they look to pick up a gain by scalping. Read more about Buying the Dips

Few vital things to know before you buy Penny Stocks

June 27th, 2011

Penny stocks gives the average people an opportunity to invest their hard
earned money in the share market that will help their money to grow. Buying
these types of stocks can be a risky venture but there is risk in any type
of investment plan especially after the recent economic downturn.
According to the Security and Exchange Commission (SEC), these stocks
have been termed as penny stock because they are available for less than
five dollar. On the Pink Sheets or Over the Counter Bulletin Board (OTCBB)
the stock companies are enlisted and trade is executed here which is
popularly known as penny stock market. Read more of this.

Stock Pick: ELTP

May 24th, 2011

ELTP off of the 50 DMA here. Entry about .12 or .13. We like our picks to have a good shot at a 100% gain and this one has a strong possibility of hitting the recent .26 high which will give us the 100%. ELTP also has a solid chance at busting through the recent high of .26 after testing it. There is a lot going on with the company as far as their pharmaceutical production goes.

This buy issue from .12/.13 today after a 2 day pullback from .19. This pullback was because some shares were added to the OS. You can read about it in today’s news.

We’ve been very consistent with our past stock picks, and we never give out to much information. If you want to know more about the company. It’s easy enough to find.

We’ll keep you posted on movement and changes. Good luck!

Related Blogs

    Hot Penny Stocks

    March 14th, 2011

    Trading hot penny stocks can be a detriment to your trading account if you buy them at the wrong time. Trading hot penny stock picks is a timing style of trading. You need to be nimble enough to jump into a hot trade with a stock that is gaining constantly without getting stuck at buying the high of the run. Click for more hot penny stocks

    Day Trading Penny Stocks

    February 6th, 2011

    Day Trading Penny Stocks

    In previous articles we discussed various day trading strategies and how to make a living day trading. In this article we will focus on various techniques for day trading penny stocks. Penny stocks are very different from other stocks in that there is a greater risk of being the victim of fraud.

    Penny stocks are usually stocks under 5.00 but in reality you can find much higher priced ones. Day traders think of penny stocks as very cheap. These stocks are usually very inexpensive. You can find them as low as a fraction of a penny. Click Here for More Day Trading Penny Stocks