It's also the fastest way to lose money, you can be sure about that. If you're just going to throw money at it and hope to make a fortune your better stacking 10 grand in cash outside and setting fire to it.
I enjoy daytrading penny stocks. I never invest more than a few hundred in one and on many days able to turn profits. I don't get greedy though. I never hold a penny stock too long and always do my due diligience and research outstanding shares, authorized shares etc. There is good money to be made in penny stock trading
Tim Sykes is a very good penny stock trader, I personally only like to trade liquid stocks. I personally never day trade to much being whipped around, I tend to follow what the S&P is doing and then decide the direction I'm going to trade in. 1,200 is a big resistance level right now so if it can break that it's looking very bullish.
yes i have trade and i have stop that things because it required more attention coward's share market
So all these members who have traded who do you use for your trades i mainly use CMC markets but i also have a DMA account with GNI Touch,it seems alot of people trade its just interesting to see who you use to trade.
Forex isn't truly profitable unless you're gonna invest big time in it . Whit the possible "currency wars" coming up it might have a good return rate .
Timothy Sykes probably is a good trader, but it's very easy to make money when you have a large group of followers who buy every stock you recommend to them.
That's just his trading style, his niche every has their own and it's whatever you feel comfitable with some people trade break outs, some people trade volume, some people trade momentum it's whatever works for you. Lot of trading is a waiting game, waiting for the best set ups all the stars aligning and then going monkey long and buying all as much as you can. Trust me trading can be like waiting for a full moon.
In foreign trading its necessary for the newcomers to trade with the help of broker because at starting investors are not know the rules and regulations of trading so newcomers need some guidance which help to trader for smooth running business.
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