[mage lang="" source="flickr"]free penny stocks picks[/mage]
New to the whole stock tradign scene?
Ok so i’m 21 (today was actually my b-day lol) and i managed to save £3000 in my first year of uni. since my liquid wealth isnt enough to buy the big companies like Google and Apple i decided that it would be a good idea to invest in sub penny stocks, say around 50 diffrent comapnies at very low prices (yes i’ve done alot of research and i know to only invest around 5% or less into penny stocks since they’re so volitile. But the thing is i’ll only be investing next to nothing so i cant really lose? Also im planning to hold them for as long as 3 years? Plus i wont just be picking out the stocks, i’ll do a comprehensive research on the companies backgrounds etc
P.S i’ll be using zecco trading, they offer alot of free trades for newbies
Penny stock are indeed very volatile and just like they carry big potential of profit they also carry high potential of loss, so be careful.
One important rule in Risk Management is Diversification: make a portfolio of so many stocks. This is practiced by Warren Buffet.
Did you consider Forex autotrading?
Penny Stock Pick Strategy free download (and my review of PDF)