Day,Trading,Penny,Stocks,Versu finance, share, loan Day Trading Penny Stocks Versus Regular Stocks
If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
Penny stock trading and stock trading in general has a simple goal, you want to buy shares of a company at a certain price, and sell them for a larger price later on. You deposit money in an account with a brokerage so you can go online and start buying/selling stock, and start receiving the profits from your trading. You can buy shares of a company and hold them for as long as you want, a day, a week, a month, years its completely open ended. There is also something called day trading, where you buy and sell the stock within a very short period of time. This can be seconds, minutes, hours, or the entire day.Day trading large NYSE stocks often involves buying a huge amount of stock and trying to profit from a tiny fluctuation in price, lets say 1% for example. One percent is a very small profit, but if youre buying $100k worth of stock, one percent is a thousand dollars.Hot penny stocks are extremely volatile and make rapid changes in price. Since the price changes so much, you dont have to have or invest nearly as much money to try and make a profit like $1,000. A low priced penny stock can easily make a gain of 100% within a day or sometimes much quicker than that. That means you can only invest $1,000 and STILL make $1,000 in profit in less than a day.So to make big gains day trading the regular stock market, you typically would have to invest a ton of money. If you play the penny stock market, you can make gains just as large or larger than Wall Street while playing with MUCH less money.Penny stocks have always been seen as a way to level the playing field with the wealthy.In fact, some of the most famous and respected hedge fund managers first started building wealth by trading penny stocks. A little known secret is that several powerful hedge funds are heavily involved in the penny stock market but theyre under no legal requirement to disclose this to their clients or to the general public so virtually no one knows about this!If you have the right penny stock picks, you can make just as much money as wealthy traders but without having nearly as much money in the bank. Its a great way to make big profits without needing to have a huge bank account.
Day,Trading,Penny,Stocks,Versu