Posted in Stock Trading, Strategy on Jan 14th, 2010
Does your watch list look like a weather map? You know: highs over Cleveland one day with all the focus on iron ore. And then the next day Cleveland has disappeared. Iron ore has gone rusty and the focus is high pressure in the Pacific and shipping companies. Watch lists are supposed to be interesting; [...]
Posted in Stock Trading on Jan 8th, 2010
Buying penny stocks is really no different from buying regular stocks. The process of going into your stock trading account and setting up a purchase order is nearly identical. For the sake of review I will put up the steps necessary to buy penny stocks
How to Buy Penny Stocks – Step by Step
1. [...]
Posted in Beginners, Stock Trading on Dec 17th, 2009
Although it is sometimes a bit intimidating to get involved with stock trading, the mechanics of buying shares of stock are really fairly simple. At the very least we can get you started down the road to making the process easily understandable.
How to Buy Shares Step One
The first thing you need to do [...]
Posted in Stock Trading on Dec 10th, 2009
In order to develop your own stock trading regimen, you will need a free stock trading software package. The basic idea is to have a place where you can go to test out certain trading strategies and be able to analyze the results. There are a couple of different ways to go about obtaining stock [...]
Posted in Stock Trading, Strategy on Dec 10th, 2009
What are the best stocks to buy? I’ve been asked this question by family and friends and my answer is always the same… “It depends”. There is no best stock to buy. At least there is no best stock for everyone. It’s like asking what are the best shoes to buy? If you are going [...]
Posted in Stock Trading on Dec 7th, 2009
In the world of stock trading gurus one of the most common sales pitches is about the enormous gains that can be had by trading penny stocks. The mechanics of penny stock trading are nearly identical to those of any other stock. The main difference is that the price per share of penny stocks is [...]
Posted in Beginners, Stock Trading on Nov 21st, 2009
We often talk about how important it is to practice your stock trading in order to become a more disciplined trader. The first step to being able to test out your stock trading strategies is to set up a practice stock trading account. In my opinion even if you already have a real money trading account, you should set up an account strictly for testing out new trading techniques. If
Posted in Stock Trading on Nov 19th, 2009
The best online trading site is a subjective matter. This is my blog so I’m going to give you my opinion on a few of my favorite online trading sites. Keep in mind that you may have different tastes or different needs from your broker. The best online trading site for me may not be the best for everyone.
ThinkorSwim
These guys really have there stuff together. If I had to package
Posted in Stock Trading on Nov 19th, 2009
When you are looking for a way to trade stocks cheaply you really need to do your research. There are many different factors to consider. There are more pricing models than you can imagine. You have to know what kind of trades you are going to be making. Are you going to be trading huge volumes of shares of penny stocks? Are you just stock trading with your risk capital
Posted in Stock Trading on Nov 19th, 2009
Welcome to Practice Stock Trading Systems. This website is dedicated to the process behind becoming a successful stock trader. As you are no doubt aware, it takes more than just picking a good stock to make money in the stock market. It takes using a good stock trading system, and then you have to practice stock trading. The stock market is an amazing opportunity to invest and make money, it