| Are you tired of your job? Tired of the traffic, your | | | | 2. Let the Winners Ride - Since you will make all your |
| boss, and the stress? There is a solution to these | | | | money with the winners you want to let them ride |
| problems which is start your own business trading | | | | higher but sell half the shares when you are feeling |
| penny stocks. | | | | anxious. Since everyone has a different risk level you |
| The great thing about this business is that anyone | | | | have to determine it. In any case let the other half |
| can do it from anywhere in the world with only a | | | | of the shares in the market since you have locked in |
| computer. You can do it from the beach, from home, | | | | your half your gains. |
| or on vacation. | | | | 3. Open a Discount Stock Brokerage Account - Since |
| I have had many jobs and businesses and this is the | | | | the only fees you will have will be trading fees it is |
| one that I stuck with since it give you financial and | | | | very important to keep them low. Many discount |
| geographical freedom. | | | | brokerages charge less than $5/trade including |
| There are only a few simple but crucial tips that you | | | | sogotrade($3/trade, $500 Min Deposit) and |
| will need to follow before trading small stocks. | | | | Tradeking($4.95/trade, $0 Min. Deposit). |
| 1. Minimize Losses - Since the majority of small | | | | 4. Get Expert Penny Stock Picks - I can't stress this |
| stocks lose value it is important that you limit the | | | | enough please get expert small stock picks from a |
| losses. There is a simple way to guarantee no big | | | | subscription site or newsletter that will give you daily |
| losses and that is through stop loss orders. When | | | | picks. Since you will make all your money on your |
| you buy a stock you should also put in a stop loss | | | | winners it is very important that you get good |
| order at 20% below the purchase price. If your | | | | researched picks. |
| stock falls by 20% your stop loss order will | | | | Starting with very little money it is very possible to |
| automatically place a sell order and prevent any | | | | become wealthy and retire in 2 years trading from |
| further losses. | | | | home. |