Penny stocks are those stocks that trades less than $5 per share, and usually issued by newly initiated small companies. Here are some penny stock investment tips for new investors.
The first penny stock investment tip is to limit penny stocks up to 5% of your total investment portfolio.
The next tip is considering trading penny stock as a business not as a hobby, so understand and manage your portfolio profit and loss.
Keep an eye on price changes in different periods of time. Check the previous record of the company, and not buy stocks from the promoters of the company, as these persons are paid for selling stocks.
Conduct a proper research before making the final decision of penny stocks investment.Find out some great investment management software, as these days many software’s are available for technical and fundamental analysis.
Fast Moving Stock does not own any shares or plan to get a position(s) in the company(s) anytime soon. Moreover, we have not been compensated for the posting of this article/report/analysis, as this is just an opinion of our writer/contributor. Not recommandation to buy or sell any stocks Read full