Rank: Newbie
Groups: Registered, Registered Users
Joined: 5/10/2012(UTC)
Posts: 1
Location: North Hollywood, CA
|
I have been interested in penny stocks for a little time but financially have not been able to invest until now. If someone can give me any advice or about which is the best MetaStock program to use for these types of stocks it would be very helpful! I do get a newsletter about penny stocks, but they never say when to exit a trade. My brokerage account has a stock screener that I can pull up stocks from .00001 of 1 cent but would like to see if there is a way that it can give me help with sell signals. PLEASE HELP!
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers
Joined: 10/29/2004(UTC)
Posts: 1,394
Location: Glastonbury, CT
Was thanked: 1 time(s) in 1 post(s)
|
The problem with some stocks is that there is not enough liquidity or trading volume, to make a profitable trade!You get a signal and you put in your trade, but the market maker creates slippage and your profit turns into a loss!
|
|
|
|
|
|
Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 2/2/2005(UTC)
Posts: 307
Thanks: 7 times
Was thanked: 3 time(s) in 3 post(s)
|
ScorpioMario,
May I ask you which Penny Stock Newsletter are you subscribed too.
Penny Stock trading is very risky, just like what Henry has mentioned to your post.
There is no liquidity and volume, I would not recommend trading penny stocks you will burn your account. Most penny stock charts are very square. be very careful on the pump and dump.
Regards,
|
Regards,
Frank Koenig
Trade Like a Pro
Trend is your Friend |
|
|
|
|
|
Rank: Newbie
Groups: Registered, Registered Users, Subscribers
Joined: 10/14/2019(UTC)
Posts: 1
Location: Mont-Tremblant
|
Well in some case it can be very profitable. Pennies can be worth monies if they are invested properly. I made quite some coins with Anaconda mining's very profitable junior miner stock from Eastern Canada. They reinvest in the local economy and RnD, This year's (2019) results for the Q3 are very interesting.
On October 31, 2019, the Company announced an update to the Mineral Resource Estimate for the Goldboro Gold Project, including a 6.9% increase in grade and a 15.9% increase in ounces within the Measured and Indicated Mineral Resources categories. https://www.anacondamini...rom-Operating-Activities
http://www.juniorstockre...r-on-canadas-east-coast/
|
|
|
|
|
|
| Users browsing this topic |
|
|
Penny Stocks
(MetaStock)
by Patrick
2/28/2005 4:32:17 PM(UTC)
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
