I am new to penny stocks and am looking for an easy way to transition into them. One option is to go with a pay site that does some research and analysis for you.
I was wondering what the general opinion was on StockTriggers.com I did a search and so far most people like it. , I was looking for a more in depth analysis.
It also appears that people like StockTriggers more that Peter Leeds.
The only thing so far that is turning me off is the price "$169.00 Per month". Per month? That seems a little steep; the other pay sites are per year for a similar amount. Is it really worth it.
Lastly what type of stocks do they usually focus on? Penny stocks or upwards? How long does it usually take for his picks to move?
posted
The worst thing you can ever do in trading is to totally go by someone else's picks.. you might as well give your money to your broker and let them do the picks.. the best advice i can give you is that you learn how to trade on your own and save that $169 so you can buy some stocks with it.. for under $10 or $20 you can buy some decent books to learn how to trade.. below are recommendations.. also i recommend swingtrading over daytrading especially if your a beginner.. also i recommend technical analysis over fundamental analysis or a combination of both.. Fundamentals are all good and dandy to tell you the health of a company but it does not tell you when to enter or exit a stock which technicals can do.. so choose either/or.. but a combination is better though i lean more towards the technicals..
A Beginner's Guide to Short-Term Trading by Toni Turner www.toniturner.com
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