Since writing about trading penny stocks online over at my blog, I received several emails about the subject and it seems to have generated a good deal of interest.
People have been trading stocks online since the very early days of the internet, and nowadays it is a simple matter for anyone who decides they want to get involved to start online trading.
However, there are several things you should be aware of before deciding to start trading stocks, not least of which is that it is a gamble, and this applies regardless of your knowledge or experience. You need to have some money to invest and it should be money that you can affors to lose. Bear in mind the worst case scenario – i.e. that you could get it horribly wrong and your investment could disappear overnight. Fair warning if you don’t want to read any more.
Much has been written about trading stock online, in particular penny stocks, and by far more qualified people than me.
If the idea of an exciting risky investment strategy appeals to you, trading penny stocks could be the adrenalin fix you are seeking. It’s pretty simple to get started, but success or failure are equally...