Reply To: STOCK MARKET TRADING

New Home Forums HighExistence.com STOCK MARKET TRADING Reply To: STOCK MARKET TRADING

Author Replies
Anonymous # Posted on October 26, 2013 at 5:57 pm

@yoinkie, Hi! Thanks for the offer of advice!

I have made it as far as this website(http://online-trading.kiplinger.com/) in trying to understand the process of trading penny stocks.

Prior to this page i have learnt:

Penny stocks are worth under $5 per stock, this is what defines them as a penny stock?
They are traded “commission free”
Their value fluctuates more frequently than larger valued stocks
There are very mixed opinions on their recommend-ability!

The results of brokers displayed on this page all seem to charge a per trade fee, which leads me to the conclusion these are not the kind of brokers/platforms designed for trading penny stocks.

Can you clarify what I believe to have understood up to this point?

Which brokers have you used in the past?

Can you name as many as you are aware of so that I can do a bit of research on them?!

Really appreciate any advice you can give.

Thank you!!

Patrick