subject: Penny Stock Trading System - How to choose your most profitable trading system [print this page] Penny Stock Trading System - How to choose your most profitable trading system
Did you know? It is definitely possible to make four figure incomes through penny stocks. Certainly there are people who make huge amounts of money with stocks, whereas ordinary people like me trade in their own time as a source of income for paying bills or living with better luxury. Whether you are going to be a full time stock trader, or a part time investor like me, you will need to choose a good penny stock trading system. Click here to get started.
Here you will know about the different types of trading systems available and how to make profit from them.
Different Penny Stock Trading Systems
Day Trading This type of trading is possibly the most advanced as it requires you to master all the technical aspects related to stock analysis. It takes a lot of time and technical knowledge & experience to begin day trading. It is mostly for those who are looking to invest in stocks full time.
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Swing Trading This method is comparatively easier and is most suited for all. Under this method, you choose 3 4 good stock picks and set a sell limit. For example, if the stock you chose is at $4 at present, you invest in it and set a sell limit like $7 or $3. Once the stock reaches the $7 limit you sell it immediately for a profit, else you sell it when it comes down to $3, where you minimize your loss and risk. It is more suited to those who are looking to do stock trading for an extra income.
The method I use The method I use doesn't have a name, because it's a simple method that anyone can follow and master. In this method, you pick 20 100 small value stocks of 4 5 different companies and hold it for 3 4 days. Before the end of the week you sell it all and make a profit of minimum $250 - $300 for that week. Amazingly, under this method your loss is reduced by 50%, which means you're sure to make profits. Click here to learn more about this method.
