How Do Successful Day Traders Pick Top Penny Stocks?
For all your top stock picks you will have to make use of automated software as well as your common sense, more so when you deal with penny stocks. As a trader you need to understand market patterns, technical analysis and many more to find out the market potential of any given stock in the future, that would be worth investing in. Trading in penny stocks is more of an art than science because of its high volatility and unpredictable nature that makes their prices exceedingly erratic which is beyond scientific comprehension. To help you in your effort you have to however take advantage of scientific and mathematical tools to understand current market trends and of near future for any micro stocks, based on similar historical patterns and past results. It is important to remember that trading is not the same as investing. There is quite a lot of differences in them. It is a fact that 90% of all investing in penny stocks is actually trading, where the investor is on the look out to book
