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3 answers

First, try trading virtual money on a Simulator real time at Investopedia.com

Look into the Investor platform at TerraNovaOnline.com
I think this one is free if you open an account there. I use the full-blown package called RealTick for $250/mo. The Investor platform is the same software, sized down to one screen. I use five monitors. This is very technologically advanced softwarefrom Townsend Analytics, the one that digitized the entire Nasdaq last year. Cutting edge technology. If you make some money, then definately upgrade to RealTick.

2006-06-23 07:31:22 · answer #1 · answered by dredude52 6 · 2 0

Don't day trade you'll get slaughtered. 60% of all stock market trades are made with computers using complex algorithms hundreds of times a minute. Can you out do that? I would trade an index etf. It trades like a stock but acts like a mutual fund. It moves slow enough to give you a chance to move in and out. The lower volatility gives the macd indicator a chance to work. An etf based in gold companies is best. Gold is widely traded and many people use macd making it a self fulfilling prophecy. Slow and somewhat predictable is the key. You'll make more by going slow. Indexes are diversified due to the fact that they contain dozens of companies. It will never drop 20% in a day like an individual stock. Follow an index and don't get any software just look at charts and keep it super simple. If you trade individual stocks you will always go with your emotions and sell at a loss. You shouldn't have to make more then 2 or 3 trades a month. You can use any broker to buy and sell shares. I use my bank for piece of mind. I can always go down the street if there is a problem plus all of my assets are listed with my online banking.

2016-05-20 12:39:00 · answer #2 · answered by Anonymous · 0 1

Hi,
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org

I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.

As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Regards

2014-09-22 06:11:14 · answer #3 · answered by Anonymous · 0 0

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