Would you like to learn about stock trading and maybe save years and a lot of money lost from mistakes? If so, keep reading. Everyone that trades with real money will have losses, it happens, but stock trading tips from someone that’s been there can save someone a lot of lost money and hours and hours of time searching for the right information.
The good news is, that there are people who do very well trading small cap or penny stocks, which is what I will be covering here. Let me tell you why I, and many others, favor trading small cap stocks. The reason is simple.
The possibility of high percentage gains.
The risk is higher for loss in low price stocks, but the possibility for high percentage gains make the risk very attractive for those who learn to manage risk in a way that they are able to consistently make more than they lose.
I do have a lot to tell you about what I’ve learned about managing risk and strategies that day traders use, but first let me make a couple disclaimers.
Okay, so, yes, some people make very good money in the stock market, but it is not a get rich quick scheme and not an easy thing.
Most people that day trade the lower priced stocks, which is what I will be covering, lose money, because, in short, it is easier to lose money than to make money.
It takes time to consistently make more than you lose. But, with practice and some good learning and discipline to do the things that you learn, you may be one of those who become profitable in the day trade game.
I call it a game, because it is fun. If it is not at least a little fun for you, it may be an indication that this kind of high risk stock market involvement may not be your cup of tea. It is work, and there are many other kinds of work that you may be better suited for.
Additionally, I am not a financial advisor and am not giving financial advice. Nothing that I say should be considered as advice for you to buy any stock or anything else. What I have to tell you should help you to take some shortcuts by skipping some of the very rough roads that are out there in respect to learning.
The information that I share will help you keep more money in your trading account by way of losing less from mistakes that are very easy to make over and over. So, then, do you want to hear more?
The first two things that that you need to learn is which stock broker to choose and which stock to buy. But you will also need to know when to buy and when to sell, so you can increase your stock portfolio, rather than decrease it. But let’s get started with which stock broker, since you cannot buy or sell without a stock broker.
