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Stocks for today

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Penny Stocks with Low Risk,and High Profits. See Now at: http://tinyurl.com/72x37mb

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Stocks for today

  1. 1. ==== ====For More Information, Please Go to:http://tinyurl.com/79nbz88==== ====Are you thinking entering the fascinating world of stock trading? You are not alone - Online stocktrading is clearly a phenomenon of our times. It is one of the most popular forms of tradingbecause the only components you need are a computer and an Internet connection. But bewarned: Stock trading is not something to jump into without considerable thought. Estimates arethat 80% to 90% of all those who begin stock trading today will lose their trading capital within thenext 12 months.Stock trading is like running any other kind of business. There are three "secrets" to stock tradingsuccess:Buy when the market is going up and sell when the market is going down.Always know when to exit. Have a stop loss and a profit targetPick the "right" stockIn this article we want to focus on "picking the right stock". Many traders are looking for help usingso called Stock Picking Services, and they start their quest by entering the search term Best StockPicking Service into the search engines. Not surprisingly, these "Best Stock Picking Services"often require a hefty fee for their services, and you might end up getting caught in a so-called"pump-and-dump" schemes.Heres how it works:These so-called "Best Stock Picking Services" buy a certain stock thats typically trading at $0.02 -$0.10. Many times, these stocks are not even listed on the exchanges, and the volume is typicallyonly a few thousand shares per day. After these "Best Stock Picking Services" bought a few ten-thousand of these shares, they start recommending it to their subscribers. You will experience thatit is not easy to buy these stocks since they are not listed on regular stock exchanges. And if youask your broker to buy this stock for you, you might end up paying 4-5 times more than normalcommissions.The "Best Stock Picking Service" is now hoping that many of their subscribers will start buying thisstock. They typically say "Its trading now at $0.02 and it should go up to $0.12". That would be awhopping 600%. Since stock traders are greedy by nature, many people might start buying thisstock, and since there is a sudden demand, initially the stock prices will go up.But before the stock hits the predicted exit price, your "Best Stock Picking Service" starts selling(dumping) the stock that they bought BEFORE they recommended it to their list. Since theytypically bought large amounts of this stock, theres suddenly an enormous supply of this stock
  2. 2. and prices start falling. More and more investors panic and sell their stocks; driving stock pricesfurther down. After a massive sell-off the stock is typically trading at the same level as it wasBEFORE the "Best Stock Picking Service" started recommending it; sometimes even below.Investors are losing their money, and the only winner in this game is you "Best Stock PickingService".SolutionLearn how to find your own best stock picks. It is not as difficult as you might think. We will coversome basic stock picking rules in another article.ConclusionYOU are your own best stock picking service. By all means avoid subscribing to a service that isonly "pumping" a stock to investors to drive the prices up and then "dump" it before the investorknows whats happen. Learn how to do it yourself, and you will save a lot of money. Go toseminars on stock trading, buy books, use simulations if possible and practice reading marketindicators. Get a mentor.In short: Get educated. Its the best investment you will ever make!Markus Heitkoetter has also written other well-written and helpful articles not only related to OnlineStock Trading, but also other articles related to Best Stock Picking Services.For more information visit his website http://www.free-daytrading-info.com/Article Source:http://EzineArticles.com/?expert=M._Heitkoetter==== ====For More Information, Please Go to:http://tinyurl.com/79nbz88==== ====

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