Penny Stock Symbol Program — Penny Stock Prophet Review

Penny Stock Prophet is a stock program dedicated to finding profitable penny stock symbol opportunities in the market and informing you so that you can trade accordingly without having to devote any time to analytics yourself. This is one of the few programs which only targets penny stocks, so I decided to give it a try for myself when I heard about their money back guarantee.

If you’ve been interested in getting into the stock market but have been wary about the risk associated with it, consider using an analytical penny stock symbol program like this and consider this review of Penny Stock Prophet.

This penny stock symbol program actually works to find profitable trading opportunities by taking the full scope of the market into account. The market travels in cyclical patterns which is evidenced in our economy going in and out of recessions like clockwork every several years.

Individual stocks perform similarly. By looking at the origins of profitable stock trends in the past, if you can find overlaps between that and real time stocks, you can put together a very accurate depiction of how that stock is set to act in the short-term. This is exactly what this program does and this is exactly how the major trading houses work to anticipate market behavior, as well.

Obviously and as I mentioned, this penny stock symbol program ONLY targets penny stocks. This interested me because penny stocks, due to their cheaper prices, are much more easily influenced in the market than other stocks. It is very common to see a cheap stock go on a profitable jump in a short period of time because of this, so if you can differentiate between which stocks are set to perform well against which are set to remain static or lose value, you can make a very large profit in a short term.

To give you a better idea, I’ll reference my very first pick which I received from Penny Stock PRophet several months ago which was valued at $.18. I invested $180, or bought 1000 shares. I checked back in on that stock’s performance at the end of that day to find with completely surprise that it had already skyrocketed and doubled to $.37 a share.

I continued to check in on that stock the next day on the hour at this point. Eventually, it leveled out at $.57 per share, ultimately more than tripling in value before it began to dip off again. When all is said and done I had more than tripled my initial investment simply by making the corresponding moves and putting my money where this penny stock symbol program told me.

The great thing about these analytical trade programs is that they do all of the analytical work for you which is a major asset if you lead a busy life or as I mentioned don’t have a great deal of experience in investing.

Note that not every pick which I received from this penny stock symbol program has behaved as profitably, however, but I have made money on 18/20 trades which it has generated for me since beginning with the program.

What Are Sub-Penny Stocks?

Many people, who are not too familiar with the world of stock trading, are unaware of the different kinds of trading stocks available. So people often wonder about what are sub-penny stocks, when they come across the term for the first time. This type are those stocks that are traded between the price range of $0.0001 and $1.00. These stocks are generally traded over the counter or by use of quotation services including OTC Bulletin Board and Pink Sheets.

As per records, sub-penny stocks trading can run into millions of dollars during the course of the day. These generally come across as attractive trading options for new investors who are drawn in by the extremely low price of the stocks and perceive them to be a means of gaining rapid profit, in case they gain quick value in the market. However what many investors are not aware of is the fact that these cheap stocks can cause much loss for them in the long term.

Even though many people feel that stock trading is a very easy way of making profits, it is in fact much more complicated than it seems. People not only need to be well informed about various trading stocks and the various factors that affect their market value, they also need to be fully updated about the risks involved and the market fluctuations that can help in causing the downfall or rise of a particular stock. This is especially true for people who deal in sub-penny stocks.

Cheap stocks like sub-penny stocks. might seem quite alluring but they are quite risky as compared to high trading stocks. There is no chance of recovering the money once an investor faces a downfall in these stocks. Moreover, there are numerous scams involved with trading of cheap stocks as they are quite often promoted to enhance various illegitimate pump and dump schemes in the stock market.

So to be on the safer side, it is always advisable to do trading in high trading stocks. Even if a downfall occurs in such stocks, there is always a possibility that the stocks will reach back to its highest point thus enabling stable investors to recover their money as well as earn a good profit. Even though sub-penny stocks provide instant profit, it is only short term and also involves much risk, making it best avoidable for stable investors.

Penny Stock Trading Risks — How to Avoid Them and Build Your Penny Stock Fortunes

Penny stock trading has earned the unfortunate reputation of being prone to fraud and being a false prophet.

Although I do agree that penny stocking trading is not the safest way to invest, I also know that there are ways to avoid the danger and build your penny stock fortunes.

Below, I will discuss the common risks and the methods I have used to avoid these risks.

One of the riskiest aspects of this type of investing lies in online penny stock trading. According to market experts, this is the area where fraud often happens.

According to them, a number of gangs from Asia and Eastern Europe have tried to build their penny stock fortunes by hacking into traders’ accounts and using these accounts to buy up stocks, while selling their own at the same time.

In my case, I have always been very protective of my account. I never try to access it on public computers when I trade online. I also make sure that my passwords are protected and I only conduct trades from my own computer.

Also, I never buy stocks just because I receive emails promoting a certain day trading penny stock. If you have been in the business as long as I have, you will realize that the more glowing the praises are for a certain stock, the more likely that it has no value.

Another thing that I learned when it comes to penny stock trading is never to put everything I have in it. I maintain a certain amount of investment in this market and put whatever extra I have on other investments.

One major criticism leveled against penny stock investments is that not enough valid information is available about them. This can be traced back to the fact that rules of listing penny shares are not as rigid as those found in other trading markets.

However, like I’ve said before, you don’t just believe everything you’re told. I do my own research on a potential investment and had never relied on heavy promotions, particularly from those I get from unsolicited emails.

It is true that lack of strict regulation in listing and trading makes the market prone to opportunists, but I also can see the positive side of it; in that I am not hindered by heavy requirements when it comes to trading my own penny shares.

Although trading does carry a lot of risks, I believe that learning the market, conducting your own thorough research and protecting your account will somehow neutralize these risks and help you make a fortune out of these low-priced investments.

The Value of Stock Trading Training

No one starts investing in the stock market with the hope of losing money. Of course, it is our goal as investors to make financial gains and have our money work for us. However, many of us begin investing online with little or no real knowledge of how to invest safely and strategically. It is a good idea for every investor to get some quality online stock trading training before they invest even a dollar. The good news is, there are stock trading training courses available for little or no cost online.

Is a specific company sound enough to invest in? Do you know how to check the financials of a specific company? What is an exit strategy and do you know how to set one to maximize your potential profits and minimize your losses? All of these things can be learned through good stock trading training courses. Many of the internet stock brokers out there will provide their members with free training courses because a successful investor is one who will continue to perform trades.

Find a stock investing website that is geared toward your level of investing knowledge. There are sites designed to help beginners get started in investing and to help educate them so that their chances of success are higher. The amount you will pay per trade may be a little higher than it would be on other sites, but the small increase in the cost of a trade is well worth the education and strategic planning you will receive.