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02-09-2006 - AXIGE - 272%
02-09-2006 - VPER - 200%
02-13-2006 - PAPO - 136%
02-13-2006 - CKEI - 184%
02-14-2006 - PTSH - 366%
02-14-2006 - IELM - 115%
02-14-2006 - CSUA - 111%
02-15-2006 - LAMP - 149%
02-15-2006 - CTUM - 133%
02-15-2006 - JKRI - 116%
02-16-2006 - SEVI - 225%
02-16-2006 - RSMI - 93%
In just 5 days, you would've had 12 opportunities to potentially double
your money!
In order to maximize the potential from these high percentage gains, you
would day trade these penny stocks.
You see, by day trading, you don't run the risk of watching the stock
price go down over the long term. You just buy and sell shares on the
same day, sometimes even within hours and lock in your profits! You
don't have to worry about your stocks overnight because you've already
sold them and made money!
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That is the secret to making money from penny stocks. Just buy
the shares, ride the increasing percentage wave, and then sell the
shares at a higher price to make your profit.
The reason why so many people are not aware of this secret is that they
immediately turn a blind eye to penny stocks. They don't even bother to
investigate how to make money off of it since their first impression of
penny stocks is usually a negative one.
Those who keep an open mind and take the time to learn about penny
stocks will discover their enormous potential for profit.
However, day trading
penny stocks it's not as simple as choosing a penny stock you think will
do well.
There are numerous factors that you
have to look for, as well as several traps to watch out for. Taking the
time to learn by reading and studying all you can about penny stocks, as
well as paper trading (trading with fake money) to gain experience will
help you succeed in making profits.
A lot of people view day trading as risky. However, if you think about
it, the more knowledge and experience you obtain, the less risk you
incur.
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For example, if a person who has never gone snowboarding before was
dropped on top of a mountain, his risk of making mistakes would be high.
However, if he spent time on the bunny slopes learning and training,
that same risk would be reduced significantly. The same thing applies to
day trading. Taking the time to read and practice will greatly reduce
the risks.
The beautiful thing about day trading penny stocks is that your
analysis to determine which penny stock to day trade with is not as
complex as the analysis done to determine which penny stock to invest in
for the long term.
The analysis required to determine which penny stock to invest in for
the long term requires a great deal of fundamental and technical
knowledge. What’s the company's PE ratio? How do their balance sheets
look like? How's their cash flow?
(finding this information is even more difficult for penny stocks as
some penny stocks do not have any earnings or revenue)
Is the industry they're in thriving? Who are their competitors? How are
the support and resistance levels? What about candlestick charting
analysis? Are they on an uptrend?
However, analysis done to determine
which penny stock to day trade with only requires a few things to look
out for such as buying pressure and volume, among other things.
Remember, you're literally buying shares at 9:34 AM and selling at 10:18
AM (just an example to point out the brevity of the situation). You
don't need to do huge amounts of analysis.
The
real secret to making money from penny stocks is to day trade penny
stocks.
That way, you take advantage of the
daily huge percentage gains that only penny stocks display.
About the Author:
Jason Brook is the author of The Ultimate Step-by-Step Guide to Day
Trading Penny Stocks. His website can be found at
http://www.daytradepennystocks.com Source:
www.isnare.com
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