PIPS ON FIRE – Free Forex Strategies
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Forex Trading Strategies
follow commodities… ie: if gold is going up, invest in gold firms…
Forex Trading Strategies
penny stocks! By investing in penny stocks your riskin it all, but you can win big.
Forex Trading Strategies
When will the end of the world come? If you can answer this you may be able to make large profits in the stock market in a short period of time. It’s an impossible question. With the disposable cash I have I buy into large stable company’s that have a good dividend return. It’s in essence a game/gamble for me and I would never bank on it. Penny stocks are like a lotto ticket.
Forex Trading Strategies
Your best bet would be to do penny stocks. You can invest in a small amount and get big in a 1 week or 2. The only problem is that you can also loose big so you are gonna need to to get good picks.
Heres a website that can help you a lot more.
Forex Trading Strategies
If you’re a rookie in investing or stocks, go to
.
Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.
That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.
Then once you’re comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They’re excellent for beginners.
If you’re new to stocks, DON’T DAY TRADE. You’ll a rookie in a world of professionals. I tried day-trading with Citigroup and AIG when they were a little bit over $1. I had some luck at first, making about $30 a day but I was way over my head. My luck didn’t last long and I had to rethink my strategy.
Day trading involves A LOT of commissions to the broker. With all the commissions deducted from each trade, you’ll be lucky if you only lose half your money.
I would just day trade using Yahoo! Finance. Open a stimulation account, give yourself $100 worth of fake money and play it in the stimulation format. You’ll see what I mean by losing money every easily.
Good luck.
Forex Trading Strategies
Learning technical analysis and market terms is going to be difficult for the purposes of your project. Stocks move in cycles, and quality stocks have more ups than downs. Check the 5 day charts for quality companies. Since you don’t have the time to do all the research you may want to just stick to the stocks listed on the indexes. The indexes are lists of companies that companies like Dow Jones and Standard and Poor believe to be of high quality. Pick out a handful of reputable companies, track their prices and buy them at their 5 day low. Then sell them back at their 5 day high. Many will criticize my strategy for the purposes of real world investing, but it’s a good way to predict movement. Stay away from stocks under $5 or $6. You get what you pay for and their movement is harder to predict as they are usually struggling companies.
One penny stock I will recomend checking out is Sirius XM radio. It’s not going anywhere and the fact that it’s price under $1 makes it move massive percentage points both up and down. Catch it on the low and make a quick 10%.