Trading stocks can be an enigma for many individuals, weather they are casual investors or experienced traders. Often traders take the advice of others or follow the actions of successful traders. In doing so stock traders are investing more in the quality of this advice then they are in the companies they are buying and selling. In some areas of the stock market, the ability to decipher this “advice” and weigh its honest motivations can often be the key between gains and losses. One such trading area is penny stocks.
It is well known that trading penny stocks can lead to some of the largest percentage gains you will find in any market. Conversely, it is equally understood that penny stock trading can yield large losses. The factors involved with the rise and fall of any penny stock are quite different then factors calculated in evaluating the value of larger publicly traded companies. Understanding the variables that cause fluctuations in a penny stock’s share price is essential to being a successful penny stock trader.
WhiperfromWallStreet, a leading penny stock newsletter, offers the following advice, “There is risk around every corner. Assume everything you read or hear about every penny stock is a half truth at best.”
Penny stock newsletter WhiperfromWallStreet advises our followers to consider the factors involved with penny stock trading noting that “Most penny stocks will not be around two years from now in the same form they are now.” To benefit from the trading of a small cap public company’s stock WhisperfromWallStreet strives to educate followers in how to trade penny stocks. We offer advice relating to what to look for as indicators of stocks to buy or sell.
In a recent emailed newsletter titled “Trading Rules” WhisperfromWallStreet states “If you are in the stock and you see lots of buying and it's not moving GET OUT. Don't wait.” In this same edition WhisperfromWallStreet goes on to elaborate advice in sections titled “Limit Your Risk”, “Trading on the way up” and “Trailing Stops”. Each section advises our readers on how to act or react in real trading situations with the intent of providing necessary information to teach our readers how to become successful penny stock traders.
“Successful traders know how to limit losses while unsuccessful ones do not,” states WhisperfromWallStreet.
To learn more about WhisperfromWallStreet’s penny stock newsletter visit WhisperfromWallStreet.com.
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