So you’ve opened a small account and now you’re ready to trade your first penny stock. Now comes the question:
When do I buy, when do I sell?
We picked out three must-watch videos from three different Gurus to help you successfully trade penny stocks using Fundamental and Technical analyses.
Use these videos as a stepping stone, and check out all of their other videos for great tips and strategies on penny stock trading.
1. The Virtuosic Trader
Like anything in life, a good temperament goes a long way. When it comes to the stock market, it’s important to know what you can expect emotionally and mentally as you go into your first trades.
In this video, Peter Leeds, one of the most prominent penny stock investors, describes 8 important virtues and personality traits you must possess if you ever want to succeed in Penny Land.
Subscribe to his YouTube channel: Peter Leeds
2. Focus on Growing Your Account
There’s so much information embedded in this Tim Sykes video that a viewer ought to take careful notes, but tying into the previous video, a good trader has to be realistic. Don’t even worry about a big win. Focus on growing your account with small and safe gains.
Subscribe to his YouTube Channel: Tim Sykes
3. Knowing when to buy and when to sell a Penny Stock using Support and Resistance Indicators
There is so much to learn when it comes to Technical Analysis, but this is the great video by Ricky Gutierrez who breaks down Resistance and Support in layman’s terms.
How do you use this common indicator to determine when to buy and when to sell a penny stock? Watch and learn.
Also, Go Sun Devils!
Subscribe to his YouTube Channel: Ricky Gutierrez
SOURCE: Uptick Newswire