It is very simple to buy and sell penny stocks.
Even if you have never traded before, you can do this.
Here is a simple step-by-step process, to take you from zero to making money trading
penny stocks.
Check this out.
I am going to assume that you have a small amount of money, and you want to turn it into
something more.
If that sounds like you, then you are in the right place, and we can help.
I am also going to assume that most of you have never traded stocks before, or maybe
even if you have, it might have been common things like mutual funds or savings bonds.
I'll get right into it, step-by-step, so that you will be up and running buying and selling
penny stocks in no time, and making your first profits.
I am purposely starting with the second thing you should do.
We'll get into the first thing, right after we talk about stock brokers.
To buy or sell any stock, you will need to have a stock broker, like E-Trade, Charles
Schwab, or Fidelity.
Setting up an account with one of them is super easy, and then when you buy or sell,
it is as simple as online banking.
When you are looking for a stock broker, you can see which ones are best by checking out
the Official Discount Brokers Reviews and Rankings, which my team put together.
When you open your account, you will need to deposit some money.
This is the cash you use to buy stocks.
For example, if you want to purchase 200 shares of a $1 penny stock, the money comes out of
your brokerage account, and gets replaced by the shares.
Then if that penny stock goes to $3 and you choose to sell, the shares are taken out of
your account, and are replaced by $600, which is now the value of the 200 shares.
It really is that simple to buy and sell penny stocks.
However, to do it right there are a few things to keep in mind.
Speaking of which, let's talk about step number 1.
Especially if you are new to buying and selling penny stocks, you actually should start with
NO money, and no broker.
You can learn with zero risk by Paper Trading, until you get comfortable.
Watch our video about risk-free buying and selling of penny stocks.
This is exactly how I had to learn, after I lost 100% of my money within 2 weeks of
getting started trading at 14 years old.
Always keep learning.
Our video page shows you a lot of what you need to know, as does our International Bestseller,
Penny Stocks for Dummies.
Even in my situation, after decades of experience, a full team of employees, media interviews
for countries on every continent, I still keep discovering new things.
The amazing thing is that you can learn everything I know while, or before, you start buying
and selling penny stocks.
My team and I want to help you succeed, and I do not want to see anyone starting in penny
stocks the way that I did.
I will tell you everything I know for free, and all you have to do is watch a few videos.
When you are ready to buy and sell penny stocks, you need to choose where you will find the
shares to invest in.
Here are some things to keep in mind which may help you:
- Free stock picks always have insidious hidden motivations.
Free online newsletters and websites are often just professional-looking pump & dump schemes.
You might not be familiar with exactly how some of these frauds work, but suffice it
to say investors who fall for free stock picks lose big time.
- Buy what you know.
If you are a surgeon, buy and sell medical companies.
If you are a mine-worker, buy and sell gold mining companies.
If you are on the front lines of an industry which you understand, you have a major advantage.
- Follow a few sources of stock picks for a few months, to see how they perform.
Are the best picks coming from the media, industry publications, paid newsletters, co-workers,
or your own analysis?
You might benefit from learning about penny stocks from many different sources.
However, you should always do your OWN research and review on any stock you are thinking about
buying.
In over 25 years, the best approach is and always has been to get solid leads from reliable
sources, then apply your own analysis to them.
You make the final buy or sell decision, based on everything you have learned up to that
point.
To quickly give you the greatest advantage, here are some very important videos:
- Avoid buying and selling penny stocks on the Dark Markets.
- Before you buy or sell penny stocks, watch these 21 tips
- Learn the #1 trading tactic with penny stocks, which will make ALL the difference for you.
- Also, we can show you all about stock screeners, which help you find the best penny stocks
to buy and sell.
You guys are amazing, I truly hope this is helpful for you.
As you proceed into the world of penny stocks, reach out any time with any questions whatsoever.
My team members are standing by to help point you in the right direction.
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