How Can I Know Which Stocks to Buy?
I think I need some help choosing which stocks to buy. I’m a new comer in stock trading. I knew this kind of investment very long time ago, but recently it becomes very hot on the market and finally I have some resting money to invest in something. I did get the advices from my friends who are stocks traders for years and they promised to help. However I will not go blind by myself. I spent a lot of time getting myself knowledge and information about stocks market and the companies to know what are the good stocks to buy. Top stocks trading are not the only choice. Many people can make their business by trading penny stocks or micro cap. Anyway, I don’t have a lot of money to go for top stocks trading. Yet I never want to go bankrupt.
The companies with micro capitalization put their stocks on over the counter (OTC) markets and have been quoted in OTC system. After a while researching on that, I found out that they are lack of public information and a bit of risky. The public information is very important as everyone need to know clearly about where they put the money in. Some of those micro companies even don’t have any record anywhere. This is the risky choice unless people really know about the company or some kind of family-size investment. That’s why I don’t go with it. It is too risky and I don’t want to lose money just in the very first steps. Penny Stocks seems to be a better choice. It is considered safer and fewer risk. Many of my friends go for this choice too. Even though it has small value and cannot bring a billion dollars, I still can earn some with that. Some is good enough for me. I don’t dream big as there is nothing for free.
The next step is to get good stock picks. Which penny stocks to buy is not very difficult to choose. I have read a lot of recommendations from the expert and got it quite clear. Moreover, I will get myself update by penny stock alerts and keep my eyes on closely on the market. This game needs me to be careful and wise. I need to make the right the decision on which stocks to buy to begin with as well as keep playing the game slowly and healthy.
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