WEALTH UNIVERSITY

[VERITAS77]

Pennies are great, but you have to have discipline.
Which means a mental/literal stop (LOSS) or an Initial PARTIAL (Buy in position)

Anotherwords:
If your going to buy into a penny first time around, paper trade as others mentioned. When ready to trade- I would invest in % buys.

Pennies can LOOSE/GAIN any amount from 10-100% on average.

If your working with a set amount of capital, you may want to tiptoe into the penny market w/ around 20% - 25% of your total investment amount. Diversify it in as many ways as you see fit. You must remember commission though.
Trading over a 100x's @ $7/trade will cost about a THOUSAND DOLLARS.

Risk/Reward AND TIMING <<< is what trading is all about.
If your going to INVEST: LEARN ABOUT CHARTING.
If your going to DAYTRADE: LEARN ABOUT CHARTING.

Imo (In my opinion)
Charting is 90% of "the game".
MOST PEOPLE- SEE THE SAME THING, AND SO.... BUY/SELL on certain aspects of a chart.

I could type for days, but I think this will get you started.

http://investorshub.advfn.com/default.aspx CLAYTRADER VIDEO CHARTS on the left/bottom will HELP YOU EXTREMELY WELL!!
WATCH EM ALL. =)

http://stockcharts.com/school/doku.php?id=chart_school:glossary_a
As you can, take time and read about everything here A-Z literally. Will save you 100rds of dollars from buying market trading books.

Once you understand ABOUT CHARTING, the same site provides DAILY SCANS:
http://stockcharts.com/def/servlet/SC.scan

Look for 52wk high/low stocks and volume gainers etc.
There are many different choice Technical Indicators to choose from, DAILY.

Best to you in trading!
Any questions?? IHUBrs are here to help! =)



Things are not always what they seem...

Stop by the ETERNITY board for a contrarian approach to all matters of life.