| You needed a broker to help you understand what | | | | seconds, like a basic Internet search. You will |
| you were spending your money and their time doing. | | | | generally need to identify stocks that meet certain |
| Brokers used to hate screening. Why? Well brokers | | | | criteria and screening will do that in a search type |
| only get pair commissions when they actually sell | | | | function. You can also screening with qualifiers like |
| your stocks. For that matter they only get good | | | | industry type, market cap, sales, dividends, and so |
| commissions when they sell your stocks for a good | | | | forth. Generally the better the screener the more |
| price. So when a broker spends hours reading old | | | | qualifiers you will have. |
| annual reports and screening the current rates, they | | | | So you have you screening sorted? So now you |
| might spend all their time doing research and very | | | | need to get started with a market that your |
| little time making money. SO the general rule of | | | | comfortable with. How about the penny stocks? |
| thumb was to act on the industry and the way it is | | | | Penny stocks are stocks that are price extremely |
| flowing and on their gut. | | | | low, that offer small players the opportunity to get |
| Now, because of the Internet there is a better and | | | | into the game without huge outputs. While Penny |
| easier way. Online screening programs and website | | | | stocks look like a non risky game, the truth is if you |
| can give you the heads up by doing all the research | | | | have a lot of penny stocks it is very risky. |
| for you and your trader. Online screening has given | | | | Because of the high risks and alluring prices of penny |
| us all the ability to find out what the market is doing | | | | stocks traders should be mindful of a few things;o |
| and what you, the investor, should be doing. Online | | | | Traders should spend some time investigating the |
| screening programs and websites don't replace the | | | | current ownership distribution.o Be careful of |
| need for a broker, but they do free up some time | | | | illegitimate stocks - do your research and make sure |
| so that you or your broker can do more selling than | | | | that you are spending your pennies in the right |
| reading. | | | | place.o Take a look at the companies history - there |
| Online screeners cut off hundreds of man hours and | | | | could be a good reason why the stocks are placed |
| give you the ability to quickly search for the | | | | so low. |
| information your need. Literally all it takes is a few | | | | |