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Wednesday, April 22, 2009 5:22:09 PM
-the moves of the stock are small compared with pink and otcs.
-Stocks have multimillion dolar volume ej $15million in 15 min is normal.
-the small spread permit reduce the risk
-always you can sell and buy easy.
I have nice profits in EMR (20%) and HPQ(10%), of course for many here(pink/otcs investors) 10% is nothing, but 10% of certain amount of money is good money.
And before start trading I read over 50 books and made paper trading first.
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Why I say you this?, because 90% of traders in pink/otc loss their money, only a few have the experience, to select, chose the right price to buy and sell.
I recomend you first work in other market if don´t have experience, and read some books to educate your self before loss your money.
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Book recomendations:
With these two books you can learn the dangers of the PINK and OTC Market:
The Little Black Book of Microcap Investing
http://www.amazon.com/Little-Black-Book-Microcap-Investing/dp/0967475821/ref=sr_1_1?ie=UTF8&s=books&qid=1240434905&sr=1-1
The Guide for Penny Stock Investing
http://www.amazon.com/Guide-Penny-Stock-Investing/dp/0738834807/ref=pd_bxgy_b_img_b
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With these book you can learn about the general markets concepts:
Jim Cramer's Real Money: Sane Investing in an Insane World
http://www.amazon.com/Jim-Cramers-Real-Money-Investing/dp/0743224906/ref=sr_1_2?ie=UTF8&s=books&qid=1240435095&sr=1-2
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With these other you can enjoy your reading and learn a very nice method (BOX METHOD):
How I Made $2,000,000 In The Stock Market
http://www.amazon.com/How-Made-000-Stock-Market/dp/9562914534/ref=sr_1_2?ie=UTF8&s=books&qid=1240435181&sr=1-2
Good Luck
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