If you are looking to ratchet up your profit potential with penny stocks here are 3 ways to find the best penny stocks on the market. First, you can spend hours and hours going over stock charts, financial statements, chat rooms, etc. trying to find the best penny stock picks yourself. Second, you can rely on a stock picking robot and third you can use the services of a trusted trader, just like you and me.
When I first started trading penny stocks in 1999, I would spend hours and hours in chat rooms trying to find the best penny stocks on the market. I would then do in-depth research on the top picks including technical analysis, SEC filings, analysts’ recommendations, etc. This worked pretty well but it sure took a lot of time to sift through all of the information. And some picks would go sideways for months without making the big move that I was counting on.
The second method of finding the best penny stocks on the market is to use a stock picking robot. The one that is hyped beyond belief is MARL. I fell for the pitch last year and by the time the picks came out, most of the move was already over. I mean, when a stock has already moved 80% in a few days, where are you supposed to put your stop? I like to get in before the move has started, or at least near the beginning. I have been burned too many times getting in too late; only to see the price collapse soon after I jump on. And I just don’t like to get any trading product that is as hyped as MARL.
The third way to find the best penny stocks on the market is to subscribe to a penny stock newsletter service which does all of the hard work for you. The reputable newsletter offers an invaluable service to you because they perform all of the technical and fundamental analysis for each of their potential picks and then screen them all before they issue a recommendation. After all, if their picks do not perform well, not many people will stick with them and continue paying the monthly fee.
One such reputable penny stock newsletter service is Microcap Millionaires. It was founded by a group of regular traders, just like you and me. They tried the stock picking robot and decided that they certainly could do better than that; so they decided to start their own service to help out fellow traders.
In my opinion, using a reputable penny stock newsletter service is the way to find the best penny stocks on the market. And I think that Microcap Millionaires is certainly one of the best of the reputable penny stock newsletters out there. They have very reasonable monthly rates and you can even get 2 Free Great penny stock picks without having to sign up.
Source by Mike Marshall www.positivestocks.com
If you are looking to ratchet up your profit potential with penny stocks here are 3 ways to find the best penny stocks on the market. First, you can spend hours and hours going over stock charts, financial statements, chat rooms, etc. trying to find the best penny stock picks yourself. Second, you can rely on a stock picking robot and third you can use the services of a trusted trader, just like you and me.
When I first started trading penny stocks in 1999, I would spend hours and hours in chat rooms trying to find the best penny stocks on the market. I would then do in-depth research on the top picks including technical analysis, SEC filings, analysts’ recommendations, etc. This worked pretty well but it sure took a lot of time to sift through all of the information. And some picks would go sideways for months without making the big move that I was counting on.
The second method of finding the best penny stocks on the market is to use a stock picking robot. The one that is hyped beyond belief is MARL. I fell for the pitch last year and by the time the picks came out, most of the move was already over. I mean, when a stock has already moved 80% in a few days, where are you supposed to put your stop? I like to get in before the move has started, or at least near the beginning. I have been burned too many times getting in too late; only to see the price collapse soon after I jump on. And I just don’t like to get any trading product that is as hyped as MARL.
The third way to find the best penny stocks on the market is to subscribe to a penny stock newsletter service which does all of the hard work for you. The reputable newsletter offers an invaluable service to you because they perform all of the technical and fundamental analysis for each of their potential picks and then screen them all before they issue a recommendation. After all, if their picks do not perform well, not many people will stick with them and continue paying the monthly fee.
One such reputable penny stock newsletter service is Microcap Millionaires. It was founded by a group of regular traders, just like you and me. They tried the stock picking robot and decided that they certainly could do better than that; so they decided to start their own service to help out fellow traders.
In my opinion, using a reputable penny stock newsletter service is the way to find the best penny stocks on the market. And I think that Microcap Millionaires is certainly one of the best of the reputable penny stock newsletters out there. They have very reasonable monthly rates and you can even get 2 Free Great penny stock picks without having to sign up.
Source by Mike Marshall www.positivestocks.com