Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org
I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.
As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Regards
The most touted pro of day trading is that it can earn you serious money, provided that you can afford to take the risk, understand the inner workings of the marketplace and have a well thought out strategy. You can increase your returns through leverage (money that you borrow to make more money). If you find work with a large institution, you may gain access to expensive software and a direct line to the dealing desk, along with other perks and resources.
The bottom line is that day trading carries a high risk. There is never a guarantee that you will make money. In fact, according to the U.S. Securities and Exchange Commission, "day traders typically suffer severe financial losses in their first few months of trading."
Pros: Cheap
Cons: Can't deal in anything out of the ordinary. Cannot negotiate prices with MMs
Pro - make money
Con - lose money
Buy low and sell high, while easy to say, is hard to do.
