Buying and Selling Penny Stocks
Buying and selling is very simple. Your subscription to Peter Leeds Stock Picks gives you access to everything you need to get started, spot which shares to buy, and to be successful.
How to Buy Penny Stocks
At any point, you can e-mail us or call with questions (1.866.695.3337). We'd love to help you profit from lucrative investments in penny stocks to buy.
For first time investors, penny stocks are a great way to enter the market.
Many of the stocks listed on the world's exchanges began as penny stocks.
A stock is a partial ownership certificate of a company. A stock is sometimes referred to as a share. Simply put, when buying a stock, you are buying a share of a company.
When a company's stock price increases, every owner of the shares benefits from increased value in the stock.
Individual investors who are entering the market for the first time will find penny stocks most appealing because these stocks cost so little to own. These publicly traded companies allow first time investors to take partial ownership in them, and generally have great potential for growth.
Investing is stocks is not difficult. However, finding the best quality companies which will increase in price is very difficult and time consuming.
That is where Peter Leeds comes in!
Here are the steps to begin buying and selling penny stocks. We recommend that you first practice on paper before making your first stock purchase.
STEPS TO BUYING AND SELLING PENNY STOCKS
- Identify the stocks which are most likely to increase in value.
- Make the purchase directly through an online discount brokerage.
- Once you make a purchase, if the price increases, you can then sell the stock back for a profit.
- The price of all stocks fluctuates, and at times the price may decline.
- Continue looking for a wide variety of penny stocks to buy and sell.
You can do this through your Peter Leeds Stock Pick subscription, or you can develop a strategy yourself.
Practice before investing real money! We recommend that you make 'pretend' trades until you consistently see good results.
You will need to deposit money into an account which is established with them in order to trade.
We have a report on the top discount brokers for penny stock traders when you get your subscription to Peter Leeds.
When shares decline in value, shareholders will face a loss in the worth of their investment.
It may help investors to determine a stop-loss price (the price at which you would sell a stock which is declining in value).
While the experts say it all the time, it may be important to diversify your holdings. Do not invest your entire savings or cash on hand into one penny stock, no matter how exciting it may seem.
The penny stock market allows the new investor to gain a foothold in the world of investing. Read as much information as possible about a company and a sector.
The process of buying and selling penny stocks is simple. Let Peter Leeds help you proceed, and be your secret weapon!
Buying and Selling Penny Stocks FAQ
Where are penny stocks bought and sold?
Penny stocks trade on the various exchanges, such as the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), the NASDAQ, and the Over-the-Counter Bulletin Board (OTC-BB). Each stock is listed on one of these. Your broker buys and sells any shares you want to trade, and the exact market they are traded upon does not matter much to investors.
Does it matter which brokerage I use to buy and sell stocks?
It can make a difference which brokerage you use. Some have higher minimum deposit requirements as well as fees for each trade that you make. You can view a comprehensive list of the best brokers here - Penny Stock Broker Comparisons.
Do I need to be 18 yrs old to trade penny stocks?
Yes. Brokers only allow a person to open an account when they are legally recognized as adults.
How long does it take to withdrawal my profits from a penny stock trade?
Once you close out a trading position, the money is instantly added back into your trading account. Most brokerages give you numerous options as to how you can withdrawal your funds, but in most cases you can expect to see your money back in your bank account within 1-3 days.
Is it possible to lose everything in my trading account?
While it is possible, it is not likely that you will lose everything. If you want to really increase your chances of making money, we suggest that you subscribe to our service.
Is buying and selling penny stocks a good option for long term investing?
They can be... this really depends on the circumstances for a specific scenario. We might put out a "buy" opinion recommendation for a stock because we believe in the company and they also have an upcoming earnings report where we are expecting great news. Perhap we may tell you that the stock is simply undervalued right now, and the market will eventually realize this. Even if the next earning report brings no significant information, we believe the stock is undervalued and is a good buy for the long term. We provide both short-term and long term price opinion targets.
Is there a limit to how many penny stocks I can buy or sell?
If you enter and exit a position on the same trading day (buy the stock and sell the same stock) this is considered to be a day trade. Day trading accounts are required to keep a minimum balance (as much as $25,000, for example) in the account. Without this, traders are typically limited to 3 day trades in any rolling 5 day period, for many brokers.