Penny Stocks Made Simple

The biggest and most basic concept behind my teachings is how to buy penny stocks.

Why?

I believe that trading penny stocks is one of the most misunderstood styles of trading, and I want to set the record straight.

Plenty of people have an interest in profiting from trading penny stocks, but very few actually take the time to understand how to effectively trade them. Ironically, it’s this lack of preparation that prevents them from realizing their potential as penny stock traders.

I want to change this. I offer plenty of resources like this free penny stock trading guide and I focus on educating traders about penny stocks.

I want people to understand penny stocks so that they can benefit from trading and not be one of the many traders who are statistically bound to fail. In this post, I’ll start you out on the right foot by offering you a thorough overview of how to buy penny stocks.

What Are Penny Stocks?

Penny stocks might be a little bit of a misnomer because these low-priced stocks don’t actually all trade for pennies. Typically, penny stocks are considered stocks that trade for under $5 per share.

Yeah, that’s a far cry from mega-cap companies like Amazon that trade for thousands of dollars per share.

Companies offering penny stocks are typically small. They might still be in developmental stages, or they might just offer one or two products.

Sometimes, the companies in question do turn into something substantial. True Religion Jeans, for instance, was first offered as a penny stock. However, that’s an anomaly. Most penny stock companies never turn into anything.

Interestingly, the fact that many of these companies will fail can help you profit as a penny stock trader, because it opens up opportunities for short selling for potential profits if/when the company’s stock loses value.

Learn the Basics of How Penny Stocks Work

I know that you probably want to just jump in and get trading, but if you want to become a penny stock trader, you need to take the time to learn the rules first.

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