In today’s economy, people are always looking for new ways to make money and increase their investment portfolio. Lots of people turn to penny stocks due to its lucrative nature. With anything that gives such high returns in a short amount of time, comes risks. That is why people turn to professional traders such as the one seen in Microcapmillionaires. They don’t have to spend hours and hours on their computer looking at charts and analyzing them all day. Let the professionals do the work for you!
Thousands of people turn to professionals for their advice and tips and reap the same rewards if not more from following their list of stocks. Microcapmillionaires specializes in penny stocks, and is a service that provides penny stock picks.
Matt from Microcapmillionaires “The best way for you to succeed as a penny trader is to pay for penny stock picks…more specifically, my picks =) What you need…is an unbiased advocate on YOUR SIDE…and that’s where I come in.”
- Exclusive email updates with new stock picks and updates on stock picks that have already been issued. Expect 3-4 emails a week
- Members only area with access to unique penny stock trading strategy reports, a lively section of pre-promo stocks that you may be able to “front run” for big gains and a very active members only forum
- Access to a protected twitter feed for members only…this is a compliment to the email alerts/updates that enables you to get alerts without the lag that occurs sometimes when emails are sent
Needless to say, investing in penny stocks has a very high growth potential if you know what you are doing, but with it comes high risk. Make sure you do your research if you plan to do your own trading and be smart about it! The stock market fluctuates constantly, we can only try to predict the trends of stock, but nothing is certain. Remember, don’t put all your eggs in one basket, diversify your portfolio.
Be sure to read reviews and check out Microcapmillionaires here, and come back here and post your comments about it! We’d Love to hear your comments about it!
So what are penny stocks? Penny Stocks are defined as any stock listed below 5 dollars. Penny stocks aka micro cap stocks have been getting a high amount of popularity recently due to its high returns. Penny stocks are one of the most lucrative investment opportunities out there. Yes there are people making loads of money investing in these stocks, but there are many more people losing money.
With any investment, doing research is the most important step. Research the stock thoroughly read through forums, join a community that deal with penny stocks, or even follow or subscribe to a professional trader to help you pick your stocks. By doing this, the chances of profit increase dramatically. The penny stock market is so volatile, is hard to read some of these trends on your own.
The problem with penny stocks are that there is very little track record of the stock or company of interest. These stocks are often new business entering the market. With any company, they start from the bottom, these prices can move a rapid paced and can break the 5 dollar margin. With that in mind, finding those gems in the hundreds of penny stocks out there are hard to come by. There are huge shifts and changes in penny stock market everyday, its unpredictable at times. Do note that all the amount of research in the world can’t predict the outcomes of the stock matter 100%. there is always a margin of uncertainty and error.
Investing in penny stocks isn’t for every investor. Its more of a personal preference and the type of investor you are. I can’t say people haven’t made hundreds and thousands of dollars investing in these stocks, because there have been, but don’t go thinking about getting rich quick because so many people fall into that trap everyday and lose tons of money. That is why people try follow advice and picks from professional traders to reduce the amount of loss in their invesment.
Here’s a story you often see on the media
Timothy Sykes got his start in 1999. Sykes took just over $12k in Bar Mitzvah gift money and turned this into $1.65 million dollars over the next couple of years.
But how many people lose all thier savings or thousands and thousands of dollars due to this market?
Be smart when investing your hard earned money. There are stocks with huge reward potential, and others with very small if any returns.