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http://www.PSPicks.com, A winner in Microcap high quality stock alerts, rumor alerts and breakout plays offers a newsletter to investors looking for the best breakout stocks daily. Announces 3 of the most common Penny Stock Trading Myths Revealed.
Huntington Beach, CA (PRWEB) August 11, 2012
http://www.PSPicks.com free newsletter service provides its subscribers with up to minute information and exclusive charts on cheap under-valued, hidden, and undiscovered stocks in the United States with the potential of fast gains. Investors can track and learn about new companies as well as develop their own strategies. 3 Myths about Penny Stocks are discussed today including Trading Stocks is Gambling, Stock Trading is for rich people, and Penny Stocks are all scams.
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1. Trading Stocks is Gambling - MYTH !
Gambling is defined as wagering on a game of chance, in which no skill is involved. The market requires a lot of skill if you want to make profits and there are systematic ways to find and trade winning stocks. Trading requires discipline, money management, risk management, and a control over your emotions. In the stock market, you can make informed decisions when trading just by researching companies and analyzing their past performance.
2. Stock trading is only for the rich - MYTH !
Stock trading is definitely not just for rich people. While the majority of wealthy winners in the stock market are those with more money like corporate officers, there is an investing world that offers regular people the chance to make a fortune. These investments are called penny stocks. Penny stocks can be some of the most explosive opportunities for making money and trade under $5.00 a share. Due to how low priced many penny stocks are, some even as cheap as a few cents, it can only take a modest investment to produce monstrous returns.
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3. All Penny Stocks are scams - MYTH !
There was a time when many big board stocks once traded as penny stocks. True religion was once a penny stock trading under a dollar a share, today it's over $20 a share. Multi-baggers like Apple and Netflix didn't start off trading high. A lot of start up companies have to start somewhere. Back in 2001, a stock called Concur Technologies, Inc. was trading under $1.00, today it's over $60 a share! Many penny stocks offer tremendous potential for gains as long as you do your due diligence.
PSPicks does not want to confuse anybody, there are plenty of penny stock scams out there, but doing your due diligence will help an investor weed the scams out. As shown above, the gains can be enormous. The email newsletter at http://www.PSPicks.com provides its subscribers with up to minute information and exclusive charts on cheap under-valued, hidden, and undiscovered stocks in the United States with the potential of fast gain. Followers are also pointed in the direction of where to start researching what may become the next huge Company.
At PSPicks.com, it is believed these are three stock market myths that traders need to recognize immediately. These myths can be real hurdles for investors who are just starting out and need to be dispelled.
Disclosure: PSPicks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. This press release may contain several forward-looking statements. Please read our report and visit our website for complete risks and disclosures.
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