Posts Tagged ‘Day Trading’
Best Stock to Invest In: Penny Stocks Uncovered
Written by troy on Wednesday, April 01, 2009 | No Comments
Categories: Uncategorized Tags: Day Trading, Invest Stocks, Investing In The Stock Market, Nasdaq Stocks, Stock Invest, Trading Stocks
So, you’re looking to secure your future, huh? And the best way you thought how to do so is by investing in the stock market. Well, let me tell you something… good choice! The business of stock trading and stock investing is a very rewarding one indeed, but only if you dedicate enough discipline and hard effort is put into understanding it. I guess your immediate question would be, which is the best stock to invest in?, right?
I could talk to you about all the popular and good stocks to buy out there, but that’s just the problem… their too popular. From my own experience I can say that one of my best stock picks was of a small company back in ’89… now one of the – if not the most – powerful multinational corporations in the world. I’m not going to reveal the company’s name though, but at the time I bought them, is was selling penny stocks. It cost be around $0.70 to buy one stock, so I bought a bunch of them. It was risky but, then again, I only spent around $400 bucks.
The Early Years
The first year, my little NASDAQ penny stocks went up around +0.30. That means they were up to $1.00! that was good knows! But I wanted them to go up a little further and then sell them so I could make the difference… To my surprise they dropped to $0.90 – something like that. But this wasn’t a bad surprise for me, somehow I ended up buying a whole bunch more… spent around $2,000! To this day I don’t know why, but I took the risk!
For the next 10 years the stocks skyrocketed and I was selling and buying and selling and buying… From a bunch of day trading penny stocks, I made a great deal of money, but the thing is… by 1999 they weren’t penny stocks anymore! Their price had gone up to a whopping $50 per stock! How about that! Life was good! And still is… Thanks to that moment!
In Short
What I’m trying to say here is, the best stock to invest in isn’t always the one that’s worth hundreds of dollars. Sometimes you just have to go for it and take the risk with penny stocks, and sometimes with enough research you know the penny stocks are going to explode some day and make you a real fortune!
By: William Foxx
About the Author:
I could talk to you about all the popular and good stocks to buy out there, but that’s just the problem… their too popular. From my own experience I can say that one of my best stock picks was of a small company back in ’89… now one of the – if not the most – powerful multinational corporations in the world. I’m not going to reveal the company’s name though, but at the time I bought them, is was selling penny stocks. It cost be around $0.70 to buy one stock, so I bought a bunch of them. It was risky but, then again, I only spent around $400 bucks.
The Early Years
The first year, my little NASDAQ penny stocks went up around +0.30. That means they were up to $1.00! that was good knows! But I wanted them to go up a little further and then sell them so I could make the difference… To my surprise they dropped to $0.90 – something like that. But this wasn’t a bad surprise for me, somehow I ended up buying a whole bunch more… spent around $2,000! To this day I don’t know why, but I took the risk!
For the next 10 years the stocks skyrocketed and I was selling and buying and selling and buying… From a bunch of day trading penny stocks, I made a great deal of money, but the thing is… by 1999 they weren’t penny stocks anymore! Their price had gone up to a whopping $50 per stock! How about that! Life was good! And still is… Thanks to that moment!
In Short
What I’m trying to say here is, the best stock to invest in isn’t always the one that’s worth hundreds of dollars. Sometimes you just have to go for it and take the risk with penny stocks, and sometimes with enough research you know the penny stocks are going to explode some day and make you a real fortune!
By: William Foxx
About the Author:
William Foxx has dedicated a great part of his life into understanding how the stock market works and which are the best stocks to invest in. He believes that almost anyone with enough determination can make a lot of money by choosing the right penny stock picks.
Day Trading Stock Picks – Buying Top Penny Stocks
Written by troy on Friday, March 06, 2009 | No Comments
Categories: Uncategorized Tags: Brokerage Account, Day Trading, penny stocks, Stock Investors, Top Stocks
People are always on the look out for an internet service that offers day trading stock picks. The only problem is that most of the picks that are sent usually deal with mid cap or large cap stocks. It usually isn’t a problem if you have a large brokerage account. But for most people, that’s not the case. That’s why buying top penny stocks is perfect for people who don’t have massive amounts of money to play the mid to large cap stocks.
Think about how much money you need to trade blue chip stocks in the market? The majority of the time you need $3,000 -$4,000 just to buy 100 shares of a company. You also know that those 100 shares will probably take quite a bit of time before you can see a strong return on your investment. It may not be bad as far as a passive investment, but that sure is a lot of money to use just for one single stock.
The real beauty of buying top penny stocks is that you don’t that much capital to start trading. And what’s even better is that you don’t need that much money to buy several top penny stocks. In contrast to spending a few thousand dollars on one stock, you can spread it around to many different companies. It makes your investments more diversified and therefore safer.
I know that some of the snobbish stock investors look down on penny stocks, but many of them quickly forget that many of the powerhouse companies that are around today all started off as penny stocks.
By: Octi Nomos
About the Author:
Think about how much money you need to trade blue chip stocks in the market? The majority of the time you need $3,000 -$4,000 just to buy 100 shares of a company. You also know that those 100 shares will probably take quite a bit of time before you can see a strong return on your investment. It may not be bad as far as a passive investment, but that sure is a lot of money to use just for one single stock.
The real beauty of buying top penny stocks is that you don’t that much capital to start trading. And what’s even better is that you don’t need that much money to buy several top penny stocks. In contrast to spending a few thousand dollars on one stock, you can spread it around to many different companies. It makes your investments more diversified and therefore safer.
I know that some of the snobbish stock investors look down on penny stocks, but many of them quickly forget that many of the powerhouse companies that are around today all started off as penny stocks.
By: Octi Nomos
About the Author: