Allstocks.com's Bulletin Board: How to tell ???

This is topic How to tell ??? in forum General Investing Topics at Allstocks.com's Bulletin Board.

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Posted by tre308 on :

I know there is not an exact way to show what penny stocks will actually rise or fall, but since I am new and trying to pick up the ways. I was wondering how do you guys know when its good to jump in or not??
Also where do you guys get your info on penny stocks, I only know of a few names...really just the ones I see posted in this forum. I wanna know what else is out there.
Also, are there any other type of options investments that will give gains as much as penny stocks???

I still know little about stocks, well I do know the basics, mostly, but I am always up to learn and not afraid of a risk. I will appreciate any education I can get from you guys. [Smile]

Thanx,
The newest of the new guys,
Kevin

Posted by Balttrader on :

the best way to find your own picks is to use a stock screener, then put in the hours narrowing down the winners from the losers. This is no easy game, it takes lots of homework and reading. Pick up some books on the basics and go from there!

Good Luck

Posted by 10of13 on :

Here are a few links and info that I found useful...

Must have book to read is
"a beginners guide to day trading on line"
by Toni Turner

Some interesting Links...for the learning process

Reading charts

http://www.hotcandlestick.com/faq.htm#4

http://encyclopedia.thefreedictionary.com/Candlestick+chart

http://investrio.investopedia.com/university/technical/technical3.asp

http://www.investorwords.com/691/candlestick_charts.html

this next one you can actually open an account with "play money" and see if your ideas work
http://www.fxsol.com/getting_started/practice_account.asp

lists stocks with 52 week highs and lows
http://stockcharts.com/def/servlet/SC.scan

Level 2's and other stuff free
http://www.quotetracker.com/?source=GOTO|stock_chart

Investor terms/definitions
http://www.chartfilter.com/glossary/l5.htm
http://www.tacticaltrader.ca/glossary.html
http://www.investorterms.com/terms/Candlestick_Charts_.htm

http://www2.barchart.com/defs/?code=BSHDLN

A site that gives buy and sell points?
http://www.tradersdirect.com/offer.asp

lot of info
http://www.daytraders.com/booklist.html

http://www.allstocks.com/links/html/links.html

On line book
http://pennystocks.org/s1_main.php

Stock screeners
http://www.smallcapcenter.com/tools_technicalSearch.asp?page=ANALYTICSSEARCH_IN. ASP