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Penny Stocks to Trade
Written by troy on Tuesday, September 22, 2009 | No Comments
Categories: Uncategorized Tags: Blue Chip Stocks, Exit Strategy, Trade Penny Stocks
Penny Stocks to Trade
Beginning today I will be letting you know about penny stocks that I believe may provide an opportunity to trade over the short term. These penny stocks are not recommendations on my part; they are merely stocks that I am watching as a possibility for a future trade.
Normally I hope to only be in the trade for a max of 3 – 4 weeks. I am usually looking for a pop up at least 10%. I am not greedy and have no intent on holding these companies long term when I do enter a trade. I am looking to make a profit and get out. Remember we are trading penny stocks not blue chip stocks. Many of these stocks could get negative news that could greatly impact the price. I don’t want to be in it if that happens.
So at the end of each day (as often as I am able to get around to it) I will provide a list of stocks that I believe should be watched for a potential entry. As always, make your own decisions and have an exit strategy in place should you choose to make a trade.
