How Do You Buy Penny Stocks Online Safely?
Buying penny stocks can be more than just child’s play. Some feel like penny stocks are just a way to dabble in the stock market without having to invest very much money. While this is true to some extent and you don’t have to risk very much money if you don’t want to, there is a lot of money to be made in penny stocks, especially right now while the market is it at a low point. When the market is low, the odds of it going up are much higher than the odds of it going down. Follow these instructions on how to buy penny stocks. Step 1 Step one in buying penny stocks is to get a broker. In days past, the only way to do this was to hire an individual through a firm like Charles Schwab. Now day’s most penny stock trading is done online. I recommend options express or E-trade. It’s very simple to sign up for their online brokerage account. Simply follow the step by step instructions from their website. Step 2 Step two is to transfer some money from your bank account into your penny stock tra