1. The first order of the day would be formulating an entry and exit strategy,
which reflects your investment goals especially in terms of how much profit you desire and how much loss you can tolerate.
2. Always do your research before investing in any company.
You have to look at its financial statements, quality of management and strength of business plan, all of which will provide clues as to the direction it will be taking. Keep in mind that, as an investor, you are now an owner of the company and, hence, it is to your best interest that the company is as strong as can be.
3. Make it as simple as possible.
Sure, the OTCBB stock market can be daunting to understand at first but once you do, it can usually be whittled down to a few simple things. Often, too, you have to tune out the noise.
Beginner's Guide To Penny Stock Investing
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Beginner “traps” of Penny Stock Trading
Over the course of an investing career, most beginners and even intermediate level traders will fall into the many traps of trading. If it happens that you see yourself falling into any of the “traps” below, understand that it’s natural to do many of them, but you must train yourself not to fall victim to them… Read More...
HOT PENNY STOCK: CAPSTONE TURBINE SHARES GAIN 3.1% (CPST)
2010 (SmarTrend(R) Spotlight via COMTEX) -- Capstone Turbine (NASDAQ:CPST) is one of today's best performing penny stocks, up 3.1% to $0.96 on 0.2x average daily volume. Approximately 286,000 shares have traded hands today vs. 30-day average volume of 1.6 million shares. Read More...
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