Changes between Version 1 and Version 2 of Ticket #173


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Timestamp:
Mar 22, 2011, 9:13:34 AM (13 years ago)
Author:
Peter Powers
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  • Ticket #173

    • Property Summary changed from SPAM (was: Things to Consider When Trading Penny Stocks) to SPAM
  • Ticket #173 – Description

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    2 Things to Consider When Trading Penny Stocks
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    4 In contrast to the stocks and shares of listed firms out there at huge values, there are some other types of stocks and shares called the [http://www.pennystockclassroom.com penny stock], which are low in value however have the potential to supply high returns. These penny stocks are stocks from organizations that have failed to list on the big exchanges or are incredibly small to satisfy the listing requirements. These stocks and shares are bought and sold at the counter and are therefore, also referred to as OTCBB stocks. On the other hand, there are some huge companies, that provide their stocks for relatively reduced prices any time their aim is other than accumulating money. Such stocks and shares are called the hot penny stocks. these stocks, though available for relatively low values can make a trader earn huge income due to the huge volumes of trade. Nevertheless, one should be cautious while trading penny stocks and should take into account the subsequent guidelines:
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    6 Select a reputable broker to trade penny stocks, a trader first has to choose a trustworthy agent who can execute orders for a said price. He must search for a reputable low cost agent who would not only recommend good penny stocks but also trade them for him dependably.
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    8 Practice and start small: a new trader ought to be careful while investing in penny stocks, since they can be deceiving. Though, the initial investment may be low, but if the trader is not mindful, a lot of losses on smaller investments can sum up to a huge sum.
    9 Thus, one ought to first master the subtleties of trading penny stocks and then commence with a modest amount. After satisfactory training, a trader may raise his investment limit.
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    11 Diversify: in cases where a trader is intrigued in trading penny stocks, he should not put in all his money in one stock but branch out. He can purchase [http://www.pennystockclassroom.com hot penny stocks], that are low-valued stocks and shares from the listed companies in addition to the [http://www.pennystockclassroom.com/otc-stocks/ otcbb stocks],. Diversification can save a trader from ocurring massive losses.
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    13 Research: just like exploration is significant for regular stock trading, similarly it's important for penny stock trading. A trader may subscribe to newsletters or maintain a close watch on the alterations in the market.
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    15 look for a mentor: there's no better way to learn about and trade penny stocks, than under
    16 the direction of a advisor. A person who's done enough trading of penny stock could be a much better teacher than than anything or anyone. A trader may search for a person like this and take help from his knowledge.