HOW TO MAKE MONEY ON PENNY STOCKS DAILY

A simple guide to the basic rules to swing trading. The rational behind swing trading and the entry and exit rules are presented very clearly along with money management and the guidelines needed to implement this strategy. Both the beginner and the experienced swing trader now have a simple guide to follow.

We will show you step by step, how to find and select stocks. We will teach you how to know when it's time to get out, when to buy and when to sell. You'll have several stocks just waiting in the wings for when you do sell that are just as good as or better than what you already own. Many of these stocks will have tremendous gains over relatively short periods of time. Just follow the steps below:

Find a good penny stock service to subscribe to. Many of the suggestions above can now be covered by joining a trade advisory service. These services now aim to pick stocks, offer trading and portfolio management software and educational services too. If things go well, then by investing in the stock market picks, the service can be paid for with profits. Though these services are often not 'cheap' they are generally very valuable and can help to make an investor or trader profitable whilst learning the ropes. This is a great way to learn or experience the stock market for beginners.

Know which stocks to reject off the bat:  stocks that aren't traded on one of the major U.S. exchanges (aka bulletin board or over-the-counter [OTC] stocks)

·         companies that have less than $10 million in revenue annually

·         any company recommended in e-mails about penny stock trading (promoters are often paid to create hype so that the shares will sell)

·         companies in industries that you don't like or understand well (based on your experience)

Get somegreat investment management software. These days, a speedy internet connection and good money management and investment software costs virtually nothing. Why spend the time and effort trying to figure out the best ways to do things when solutions already exist. Ideally, look to purchase two types of software. One will be for personal money management. This can be used for profit and loss and keeping track of the costs of subscriptions, stockbrokers and the like. The other will be used for tracking stock and fund prices, storing company news, technical and fundamental analysis and more.

Get an education. Warren Buffett has suggested in the past that every investor should be able to understand basic accountancy principles, an annual report and stock market history. You probably do not need to become an accountant, but being able to understand the scoring system of the game can only help.

You will find everything you will need to succeed in penny stock trading in our,

take me by the hand manual .