Lots of people ask how can one be making money with penny stocks. It’s extremely difficult to trade penny stocks for a living because they are like firecrackers ready to explode in your hand. And chances are that every penny stock trader gets burned quite a bit. Trading penny stocks require a huge fortitude and [...]
With the recent downturn I’ve been hearing a lot of chatter about a possible stock market crash in 2011. This is to be expected with people still having the crazy price action of 2008 in their recent memory. But the fact remains that a quick and heavy crash like we saw in 1929 and 1987 [...]
When most people think of day traders, they have a movie-like view of their day trading income. While this view may be true of some of the upper-tier traders, the reality is that many day traders struggle to turn a profit on a consistent basis. Over the years, I’ve read many stock blogs where the [...]
One of the questions I get asked most often running this blog is “is day trading for a living from home actually possible?” I get asked this quite often via email and even by friends. I’ll try to answer this question not with a “yes” or a “no” but with a more in-depth look. Day [...]
Groupon recently announced plans to go public and that left many traders asking, “How to buy Groupon IPO?”. However, chances are, that you will be unable to scoop up any shares in the open market since this is going to be a hot one with lots of interest on Wall Street. Unless you move some [...]