Getbig Bodybuilding, Figure and Fitness Forums
Getbig Bodybuilding Boards => Gym/Stores/Industry Business Board => Topic started by: Wiggs on July 26, 2010, 10:45:57 PM
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Hi guys, what are some good websites to buy and trade penny stocks on? My brother used to do it and earned over 10k with only a 500.00 investment.
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You will need a stock broker. I don't know much about American brokers, but try "ameritrade" for a start. Why don't you ask your hot shot brother for advices?
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You will need a stock broker. I don't know much about American brokers, but try "ameritrade" for a start. Why don't you ask your hot shot brother for advices?
Cause I don't want to.
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tdameritrade. $9.95 a trade. straight forward
otcbb.com = over the counter bulletin board . com: place to find out bids / asks / level 2's
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Stoned day trading? This is sure to work.
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get a job
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Hi guys, what are some good websites to buy and trade penny stocks on? My brother used to do it and earned over 10k with only a 500.00 investment.
A success case like this is very rare!
On another note my tips: Buy Arena (ARNA) and do so aggressively also a bit pricey but, Tesla (TSLA)
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scottrade is the best, plain and simple. PM me and I will give you a great site where you can trend stocks. I've trended many that say at .002 and ran to .10 in a day and back down, so you need to get in early and pull the trigger early.
There's a millionaire Canadian penny trader who was asked what his secret was and he said "I always sold early" . The key is when you see a trend you have no idea when a run will stop. if all of a sudden a stock at a penny runs to .50 and everyone is yelling that a $1 is next, most sheep wait and potentially watch the stock drop again. Pick your selling point and sell no matter what, take your earnings and never look back. If you always wait for the big knockout punch you will always lose money in the long run.
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scottrade is the best, plain and simple. PM me and I will give you a great site where you can trend stocks. I've trended many that say at .002 and ran to .10 in a day and back down, so you need to get in early and pull the trigger early.
There's a millionaire Canadian penny trader who was asked what his secret was and he said "I always sold early" . The key is when you see a trend you have no idea when a run will stop. if all of a sudden a stock at a penny runs to .50 and everyone is yelling that a $1 is next, most sheep wait and potentially watch the stock drop again. Pick your selling point and sell no matter what, take your earnings and never look back. If you always wait for the big knockout punch you will always lose money in the long run.
Good advice. I use TD Ameritrade for my penny stock account
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Dude, I use Ameritrade. I made a nice chunk of change. I put a dime spot on Sirius when it was only 5 cents a share. Unloaded it when it hit $1.16. Easy fucking money. Taxes sucked though. AmerTrade is straight forward and easy to navigate. Give it a look.
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Everyone's a home trader. ::)
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Everyone's a home trader. ::)
pennies is all they have lol
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Stoned day trading? This is sure to work.
Probably a cheaper hobby than sitting in pervert's row at the blue-collar ballet.
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Probably a cheaper hobby than sitting in pervert's row at the blue-collar ballet.
Seems like I find myself in a tit bar about once every five years and I have to admit that obstetricians are getting better at minimizing C section scars.
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Everyone's a home trader. ::)
It's the only job that fits into our crowded cage fighting schedules. :-\
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penny stocks are only good if your indirectly effected by the stock doing well, like oils found in your state. I.E. your rent goes up but you make a small profit to pay the higher wage.
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Seems like I find myself in a tit bar about once every five years and I have to admit that obstetricians are getting better at minimizing C section scars.
I'll lay odds it's dimmer lighting.
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penny stocks are only good if your indirectly effected by the stock doing well, like oils found in your state. I.E. your rent goes up but you make a small profit to pay the higher wage.
I love the posts where you can't tell if the guy is serious.
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I love the posts where you can't tell if the guy is serious.
Lol I donno i'm lazy, so i can't telll either. But it's a serious idea. I mean penny stalks are like the lottery there random they don't pay shit. There valued for there randomness. So me thinks it's a pretty good idea, to double your benefits. You gotta find a way to beat the odds. Of course it's borderline corupt
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Penny stocks are the same thing as penny slots....Play them all day maybe get small returns and hope for that one to hit, but usually never does...
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http://www.pennnystockchaser.com/ (http://www.pennnystockchaser.com/)
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Lol I donno i'm lazy, so i can't telll either. But it's a serious idea. I mean penny stalks are like the lottery there random they don't pay shit. There valued for there randomness. So me thinks it's a pretty good idea, to double your benefits. You gotta find a way to beat the odds. Of course it's borderline corupt
I don't know anything about them but the idea of stock speculation to offset a rent increase struck me as hilarious. :D
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scottrade is the best, plain and simple. PM me and I will give you a great site where you can trend stocks. I've trended many that say at .002 and ran to .10 in a day and back down, so you need to get in early and pull the trigger early.
There's a millionaire Canadian penny trader who was asked what his secret was and he said "I always sold early" . The key is when you see a trend you have no idea when a run will stop. if all of a sudden a stock at a penny runs to .50 and everyone is yelling that a $1 is next, most sheep wait and potentially watch the stock drop again. Pick your selling point and sell no matter what, take your earnings and never look back. If you always wait for the big knockout punch you will always lose money in the long run.
Due to a takeover of an MLM company in which she was a founding distributor, a girlfriend of mine was given a few hundred thousand shares of the new company. The company did $23 million in sales it's first year and expanded into USA, Canada, Australia, Puerto Rico, & Bahamas in it's first year. But despite this... the stock languished at between 2-3 cents for 2 yrs. Finally in March 2003 She sold her shares... and in less than 3 weeks, it shot up from 4 cents to over $4.oo. She almost turned green when I told her the new quote.
Didn't Ameritrade get slapped the other day for delaying trades to their advantage?
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Everyone's a home trader. ::)
I had a friend who lived down the street from me in Manhattan Beach. If you live their or near there it is hard to miss him. Dirves around in a custom red convertible RR. He wears a sport coat with a dress shirt and bermuda shorts and sandals. He is hilarious. He spent 20 years as a trader on Wall Street. He retired from that and moved in Calif. He had a huge room in his house that he had 16 people who worked for him on phones all day buying and selling stocks for him. He told me he very rarely keeps anything for more than 5 to 7 days. I have no idea about stocks but as far as being successful at the market I have never met anyone close to him that I know of. His house was worth several million and he had a few more including in Carefree, AZ and Aspen. I never got into stocks but did have a chance at buying Nastech Pharmaceuticals at $.01. A few years ago for the hell of it I checked and it was over $30. A year later it was below $5. I read it was the fastest/largest dropping stock in that industry. But I sure could have made alot of money if I didn't listen to my attorney
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Hi guys, what are some good websites to buy and trade penny stocks on? My brother used to do it and earned over 10k with only a 500.00 investment.
In penny stocks that would be called a 20 bagger...you made 20x you money. It's more common for 5 baggers though....theres probably one good 5 bagger a week. You only need two 5 baggers to make the same return as a 20 baggers.
First...pick a broker like scottrade. Next you need a message board to talk to penny daytraders with. The best and most poupular one is Investors Hub. The most poupular board over there is BB's Stock Haven. Heres the link.
http://investorshub.advfn.com/boards/board.aspx?board_id=2199
You have to learn all the penny stock lingo that is thrown around, and realize that everyone B.S.'s alotto boost a stock.
Next you need a Source for your level 2 quotes, live charts, and live streamng Penny stock news. Penny stocks are only quick trades and are not investments. They are runners off news and Hype and thats it.....once they hit the top a few days later or sometimes even just hours.....it goes back down to the original price. The most poupular data source for penny stocks is equity feed.
http://equityfeed.com/products.html
I've been using that isnce it was called micro cap trader
Next you need to learn how to read stock charts with technical analysis. The best charting site is stockcharts.com. Once you learn to read charts...trading stocks like apple, google and other big board stocks....its like clock work...theres a recession every 3 years no matter what...its the busines cycle...for get about what you read or hear on the news...its a big scheme. I used to trade penny stocks cause the percentage returns were bigger, but you could only invest a few hundred to a couple thousand at a time....cause there was no volitility or money in penny stocks. Once I learn how to read charts..its easier and less stressfull to to treade listed stocks with good compnaies. Im not talking daytrading, but swing or posiition trading....for several weeks to a year or so. I use weekly charts. I'll post a link for tmy favorite silver sotck, but you can plug in any stock symbol at the top and press update. You'll notice that every stock mad ethe bottom at the same time during the recession....its that easy....Plug in other symbols at the top like AAPL, BIDU, TNA, CF, F, .....ITS EASY TO SEE WHY THE MEDIA was puting so much fear in the news...talking about a nother great depression....they were able to buy ford for 1 dollar and sellit for 15 months later.....and there is a recession every 3 yars or so....just some are worse then others, but the same trick works.
http://stockcharts.com/h-sc/ui?s=SLW&p=W&yr=3&mn=0&dy=0&id=p27397298846
So yeh....just put in the symbols like f, bidu, slw, aapl, goog.....and see how they alll hit the bottom at the same time as each other and the major indices.