3 Types of Penny Stocks That Are Worth Trading

The U.S. Securities and Exchange Commission defines a penny stock as any stock that trades below $5 a share. While savvy investors use penny stocks’ low prices to make money, many people are tempted to buy them without doing their research, but this is a mistake.

Trading in stock market

Before investing in penny stocks, take time to learn about the risks involved and the key factors affecting their prices. By doing your research and learning about the types of penny stocks worth trading, it’s entirely possible, though not guaranteed, to get a good return on your investment.

Here are 3 types of penny stocks worth investing in.…

Continue reading

How to Trade Penny Stocks: The 101

Day trading is one of those pursuits that cannot be quantified into a perfect analytics style that anyone can accomplish. Understanding trends and being able to read charts is important, so you need to have a head for numbers, but you also need to be able to think in abstract terms.

Penny stock analysis investment

You can make money by news trading, or jumping on stocks that could bounce on earnings reports or the United States job reports. But learning how to trade penny stocks is a different story.

Penny stocks trading is never easy

Penny stocks, as far as day traders are concerned, can run from $2 to $10.…

Continue reading