Real Free Penny Stocks Picks

What are free penny stocks picks ? This is a term that many investors draw a blank on. Free penny stocks picks are basically alerts from subscription sites like this one.

free penny stocks picks Free Penny Stocks PicksNow there are different ways that regular subscribers play these penny stock names. The first way is to buy in the pre-market hoping for some follow through after the open of the market. The second way is a little more simplistic, but dangerous. Some investors simply enter market orders at the open. As we have noted in prior entries, entering market orders on volatile stocks is like playing with a loaded gun. It can often backfire. The last way that traders play free penny stocks picks takes a little more skill. These more experienced investors scalp the alerts for a few cents here and a few cents there. This type of trading takes a ton of skill, and novices should only attempt to try this using a very small dollar amount. Remember, some free penny stocks picks gap up once the alert is released, making it very difficult to go long for a quick scalp. Once again, if you try this for the first time, play very, very small.

Finding the right websites is also an important part of getting involved in free penny stocks picks. The best advice that I can give you is to monitor the track records of the respective websites. Some have tremendous track records, and others have none. After finding a few sites that have shown proven results, simply subscribe and then look for their emails. If you are thinking of the big picture, how much time does it take to read an email alert. One or two minutes ? And if you happen to like the sound of the idea research it a little further. Remember it is free to subscribe to most penny stock alert sites. So subscribe to a few and do your homework.

Check back for free penny stocks picks, gold penny stocks info and Nasdaq penny stocks.


Defining a Penny Stocks Trader

While many people have success at it, a penny stocks trader is a rare breed. Most people get involved in the penny stock arena for one reason, to hit a home run. Regardless if it’s an AMEX stock or a Pink sheet stock, investors are looking for huge returns when they buy such speculative issues.

However, there are some experienced traders who constantly profit on smaller moves in penny stocks. The penny stocks trader that I am talking about, takes numerous small profits and keeps his losses small. Although, while this is not an easy skill to acquire, making money on short term trades with low priced stocks can be acquired through hard work, research, discipline and lastly, trial and error.

Keeping losses small is the most important aspect in penny stocks trading. This is easier said than done, and is especially difficult considering the lack of liquidity and volatility in some penny stocks. For instance, in the sub penny stock market, many traders get filled on the bid and immediately place an order on the ask, which is often 50 to 100 percent higher. If they get filled by the next buyer it’s a grand slam, but what do they do if they are still in the position when it goes against them ? It’s pretty simple, the good ones sell at a loss and move on to the next trade.

Please remember, there are traders of all exchanges who go long weak stocks and go short strong stocks all the time and make livings. The key is not the stock, it’s the discipline and trading strategy. The point is to develop one quickly, but make sure it’s an intelligent plan that has a favorable risk/reward ratio and stick to it.

Make sure you start extremely small if you attempt to trade these speculative issues for the first time. Develop your plan based on a small dollar amount and don’t commit more than 20% of your allocated funds to any one particular idea. This way, if you happen to catch a clunker, you won’t get wiped out. The key in investing and life to some degree is preservation.

Stay tuned for more information, regardless if you are a penny stocks trader or are somebody who is looking for or market reportsIPO market news updates. They key is staying informed.


otc Penny Stocks TradingPenny stocks trading, is not as easy as it seems. As we all know, stocks that trade on the OTC Bulletin Board and Pink Sheets are very speculative, volatile, and many of them are very illiquid. However, investors are still lured by the low price of the equities and the potential for massive returns. Is finding one of these penny stock jewels easy ? No. Is it impossible ? The answer is no again. To identify the big winners, you need to monitor news announcements, PR’s, message boards, study charts, volume alerts, and subscribe to different websites. As we have mentioned before, forming a list of stocks is very important, even if you don’t buy 99% of the stocks on that list. Once again, having information and an opinion in advance of the trade is most important.

On the flip side here are a couple of classic no-no’s when it comes to penny stocks trading. The first one is not to buy tips. Many of us, including myself have lost money this way. We all know that guy that we see every so often that always says “Buy XYZ, there new product is unreal”. Then without doing one bit of homework, we buy the stock. Now guess what usually happens ? The results are often pretty scary, because these ideas never seem to work.

csco Penny Stocks TradingThe second common penny stocks trading mistake, is using market orders. This is especially common with new investors. Now remember, most professional investors don’t use market orders even when they are purchasing super liquid stocks like Cisco Systems (CSCO:NYSE) that trade with tight spreads. Now even if they did use a market order on CSCO, the outcome of the execution wouldn’t be all that much different because of the huge volume it trades. However, when buying many penny stocks, the outcome of your execution can be 5 or even 10 percent higher in some cases, only to fall back lower within seconds. The lesson here is pretty simple. Be patient ! If the stock runs away from you, there will be others.

In closing, penny stocks trading is not an exact science, but adapting these tips will hopefully help you find some hidden winners and trade them properly. Also, please check back for more market reports, penny stock alerts and IPO Market News.


A Penny Stocks List to Keep Handy!

As you have read in our past blog entries, we have repeated mentioning that forming both a large cap and penny stocks list would be beneficial. As we have all realized, diversification and due diligence are key to avoiding mistakes in investing. For instance, just because you research a stock, doesn’t mean you have to buy or short it. Having excess information can only waste time, not money. So here is an example of some of the top and most heavily traded penny stocks formed in a list. Are these names rising stocks ? Or the next hot penny stocks? Nobody knows. However, these are probably some names you should get acquainted with if you are looking for liquid trading and investing opportunities.

1. Horiyoshi Worldwide (HHWW.OB)- Fashion based company
hhww logo 2011 Penny Stocks

2. Kunekt Corp. (KNKT.PK)- Mobile device Company
kunekt 2011 Penny Stocks

3. Health Med Services (HEME.PK) Web and telephone based medical information
healthmed services 2011 Penny Stocks

4. (APTD.OB) Digital media and marketing company
alphatrade 2011 Penny Stocks

5. Writ Grp film corp (WRIT.PK) Film and TV production

6. Gold American Mining Corp. (SILA.OB) Mineral development
gold american mining corp sila 2011 Penny Stocks

7. American Power Corp. (AMPW.OB) Commodity Exploration
american power corp 2011 Penny Stocks

8. Washington Mutual (WAMU.PK) Consumer and small banking
wamu bankruptcy 2011 Penny Stocks

9. Cascadia Investments (CDIV.PK) Internet gaming
cascadia investments 2011 Penny Stocks

10. Coastal Pacific Mining (CPMCF.OB) Mineral mining company
coastal pacific mining corp 2011 Penny Stocks

Please remember that these names are not necessarily long term investments, but all have the potential to become trading stocks. Rising stocks are not always purchased at high or lows. As you probably know, there is no exact science when it comes to investing. For instance, it seemed like nobody could pick the bottom when it came to investing in British Petroleum (BP:NYSE). However, those who were patient and prepared, turned above average profits in a short time period. I think it’s safe to say that some that most BP buyers were prepared and had a well thought out list of stocks.

So do you homework with the symbols provided above. All of these names have either made significant moves recently or trade with large amounts of liquidity. Some may end up being the hot penny stock in your portfolio and others may turn into duds. In either instance, taking a quick look at these names won’t hurt. Knowing multiple stories can only help in the never ending search for rising stocks and massive gains. So commit this penny stock list to your short term memory. Remember, hot penny stock trades don’t happen every minute.