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"Getting tired of the pennies" (: penny's are

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tsafi   Friday, 03/28/08 09:55:38 AM
Re: creppie post# 217
Post # of 268 
"Getting tired of the pennies" (: penny's are a unique you need to trade them fast and consider them as shell only ,becoming penny master you need to understand how the game work, bottom line the amount of penny stocks that make it is almost equal to 0
You can make money on the penny only for short term IMO if you look for long on the penny you will probably loss all you have.
Any way I love to trade penny but they are only 10% from all my capital and it's very negligible on my account but I dedicate a lot of my time trading this market.
to trade forex I use easy Forex (Israeli ) there are a lot of Forex platform out there the problem a lot of them are not so reliable and give you crazy leverage and fake stops.
Never use a small forex company also if you start trading the forex use the demo account first for training before you put your money.
If you are new to the forex start with the Mini Forex $5 or less for Pips before you start with big contract.
FOREX is a risky market you can make good money but the key is to use the stops and master your TA ,TA is must on the Forex not like stocks on the Forex you can trade only on a base of TA ,also Forex is a big step to understand trading commodity, if you will learn this 2 market you will never look back again on any stocks .
My gain on the Forex/comodety in 2 days is equal for 1 month trading stock (but I trade high contract minimum $300 for a Pips
GL




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