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beginer
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Can anyone tell a new person how best to learn to trade penny stocks,such as charting and maybe what to read or places to look.

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beginer

Posts: 3 | From: utah | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
T e x
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we have an edu section on the home page; do a search on this bb for "machiavelli" and "books";
there's also a good thread recently posted by "lilpennypincher" (or click on her nick and then "view recent posts) and then hunt down "confessions of a daytrader.

Paper trade for a while, say, 6 weeks to 3 months and see how your picks do...

Read here; follow some trades, watching "over the shoulder"...

good luck

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
beginer
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Thanks buy tex I will look and read what I can as for as paper trade I had planed on that.

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beginer

Posts: 3 | From: utah | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
T e x
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[tips hat]

You're welcome, podner--just call me Tex...lol

Hey, another newbie got some nice answers on another thread, too...re-post here if you don't find it...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
Stinky
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Beginer,
I’m also a beginner, I’ve been teaching myself to read charts and avoid getting shafted by pumpers and such since October. I need to follow Tex’s advice and get back to trading in a fantasy portfolio for a while … I’ve lost about $1,500 making rookie mistakes! Nothing like losing money to make you try harder though!
Anyway, I think I might also be the newbie that Tex is talking about with the good advice …. I can’t find the thread, -must’ve fallen off … here are a couple of books to get you started.

“Trading for Dummies” by Griffis and Epstein – Get a cheap copy used on Amazon.
This will give you the basics, just enough to get you started. It's the Black and Yellow dummies book, they write one for everything under the sun ya know.

The best book I’ve found on Penny Stocks:
“Penny Stocks” The Next American Gold Rush by Dan Holtzclaw

There is also a lot of good info right here on this site if you dig and read.
Let us know how you do pal …. And share the wealth!

Posts: 125 | From: Cincinnati | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
T e x
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http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi/ubb/get_topic/f/14/t/001485/p/1.html?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005  |  IP: Logged | Report this post to a Moderator
beginer
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hi stinky and tex
For reading I have found a very good site or I think so. Its **********.com. He has a book on line I've been reading which is full of info,just go to the site and you should see it.Now its only on line and in html not pdf so I bookmarked it so I can go back to reread or continue what I was reading. Hope this helps and good investing to all and a merry xmas.

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beginer

Posts: 3 | From: utah | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
Machiavelli
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Find my past posts as Tex suggested.... key words Machiavelli and books....

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Let the world change you... And you can change the world.

Ernesto "Che" Guevara de la Serna

Posts: 4669 | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
   

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