Trading Reality Check

Open your Trading account in mintues with Zerodha

I was a student of the Wealth Mentors program in 2007 and I would like to share with you my honest review on Mirriam Macwilliams’s options seminar. I paid RM21k for a 4 day seminar and honestly, I learned so much from that course. Course fees would have gone up by now because every year, inflation pushes the tuition fees up. Honestly the seminar was worth the money.

Why it’s Important to Evaluate the Market Inexperienced investors almost always say the same thing about the stock market when they start trading for the first time: it’s chaotic, intimidating, and complicated. It’s true that the stock market is dynamic place, and prices are constantly moving in cycles of growth and decline at any given moment.

A lot of people are investing in the stock market at the moment as the global economies continue to slowly recover. Nevertheless it’s still not easy to make consistent profits, and this is particularly true if you only invest in a small number of companies.

Other names for penny stock investing include small cap investing, micro cap investing and nano cap investing. The stocks are common issue stocks with a trading price of five dollars per share or less. The stocks are sold over the counter using a quotation service. The stocks are highly speculative and may be very volatile as well.

You cannot talk about penny stock investment without speaking about the risks involved. Most of the risk comes from the lack of easily available genuine information about the micro cap stocks trade. It is this loophole that scammers take advantage of to present false information to swindle investors out of their cash. A lot of free penny stock pick sites promote worthless stocks and lots of people have lost money patronizing them.

The days of buy and hold stock investing maybe over forever. In the past, it used to work well. But not anymore. Remember the saying, a rising tide lifts all boats.

Penny stock trading comes with enough risk in itself without the added risk of the wrong stock broker. The ordinary stock broker might not fulfill your needs for penny stock trading. You need a different kind of broker. Some brokers especially those online are more tailored to the requirements of the penny stock trader. You can find a good broker by following this guide.

You can greatly improve your chances of making money from penny stocks by learning to read stock market data. The stock market gets input from a lot of sources. Understanding the different factors that influence the market, the companies and their stock prices is an invaluable skill for every microcap stock trader.

Nothing could be as lucrative than to trade in penny stocks over the counter or OTC for short. To begin with they are priced ridiculously very low costing just few cents or pennies each. In fact such micro stocks that are traded over the counter can never exceed $5 as per the strict SEC guidelines, if it is at all to qualify as penny stocks.

Investing money in a source that ensures high returns is desired by every ambitious individual. And there are a number of investors who does not work for money; it is money that works for them.