penny stock virtual trading
[mage lang="" source="flickr"]penny stock virtual trading[/mage]
Best Brokerage to use for day trading penny stocks?
I have been practicing trading virtually for about 4/5 years and I am knowledgeable now and I have about $1,000 available to trade with. I want low commission rates and would really like a brokerage that serves penny stock traders mainly….
Penny stocks are the worst possible way for a newbie investor to start.
Your virtual trading has almost certainly been a waste of time. Spreads, commissions, and liquidity make virtual trading of penny stocks absolutely meaningless.
Beware of anyone advertising a penny stock website as almost all are pump and dump scams.
Read. Study. Take a class. Learn to invest. Here are a couple of great books for a new investor:
One Up On Wall Street – Peter Lynch
A Random Walk Down Wall Street – Burton Malkiel
How To Trade Stocks Online SAFELY