Trading penny stocks can be very profitable if you know what you are doing. This blog is for those who want to learn how to swing and day trade penny stocks.
A penny stock is a stock with a price less than $5.00. We will not be focusing on stocks that are OTC (Over The Counter) stocks on this website. Mostly stocks ranging from $1.00 to $10.00 that are listed on the major stock exchanges.
The reason penny stocks are so much more profitable than higher priced stocks is because is is much easier for a $5.00 stock to rise in price 50 cents (10%) than it is for higher priced stocks to move up 10%. The result is quicker returns on your investment.
We will go over methods on finding the best penny stocks to swing trade and day trade. We hope to make PennyStockSwingTrade.com the absolute best place for beginners and advanced traders to learn and grow their broker accounts.