Thursday, September 15, 2011

What is the best online trading stock site to buy penny stocks?

I want to invest in penny stocks and mainstream stocks but some major online brokers dont offer penny stock trading. What do you use / think is the best?|||scottrade.com is best for both beginners and professionals.|||TRADE FIRMS CAPITAL, NO NEED OF 25K, TRAINING AVAILABLE


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|||My favorite brokers are;


ThinkOrSwim


Interactive Brokers


Tradestation


TradeKing





I use ThinkOrSwim mostly. Great platform with exceptional charting. Interactive Brokers is cheaper, platform is very hard to learn. Tradestation has a good reputation (not as god as TOS).





You can trade penny stocks on any of them. They won't even ask you the most important questions..... like;


Do you have at least 5 years successful trading experience in larger cap stocks?


Do you have exceptional trading money management skills?


Are you exceptionally good with technical analysis?





If you haven't heard of these brokers;


They are cositantly rated in the top 5 best on-line brokers.. year after year by Barron's Magazine.





Never place a trade unless you're using a limit order (with any stocks below $10).


If you don't know what a limit order is.... you're years away from being ready to trade penny stocks.|||the best site i personalty use is Sharebuilder.com all thought they don't have a wide selection of penny stocks but they do have one of the lowest comition rates so that why i use them so i can maximize the tottal profit i make of my penny share investments|||I use ameritrade has some bells and whistles. Before you start trading penny stocks you may want to read this article I found called should you buy penny stocks





http://ezinearticles.com/?Should-You-Buy鈥?/a>





Good luck its a tough market|||RHB Investment Bank's www.rhbinvest.com would be the best site to trade Malaysian stocks. Only site with stock screener for Bursa Malaysia to screen for Penny stocks.|||ZVTK %26amp; MCLN look very promising.





I used Scottrade to buy these, but in order to buy penny stocks you have to fund your account through a bank transfer or send them a check.

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