When it comes to penny stocks, there is just so much to keep informed on. Even if you’ve been in the business for longer than you can count, there are always new things to learn. Check out this quick guide to 7 great resources where you can learn everything you need to know.
Penny Stocking 101
Timothy Sykes has been trading in penny stocks for more than 15 years. Over on his website, he has a great guide for beginners. It’s free and is a great refresher even if you already know the basics. Alternatively, because it’s so accessible and simply written, it would be great to send to any friends or family members who want to know more. The guide has sections including “Your Penny Stock Trading Mindset” and “Penny Stock Terminology”. You can find Timothy’s guide here.
This Huffington Post Article
Once you’ve checked out Timothy’s advice on his website, head over to The Huffington Post. Here he has written the article “The 10 Best Stock Market Books You Should Be Reading”. The list includes a book on the unusual success story of Nicholas Darvas. It also features “Confessions of an Economic Hit Man” by John Perkins, which apparently took 20 years to write. This list was only just compiled in November 2015, so will be current.
Market Watch is a very reliable name and brand. They produce some of the handiest articles, news pieces and guides out there. They range from beginner level, and articles like “10 Ways To Trade Penny Stocks” to business and investment news.
How To Trade In Penny Stocks For Dummies
If you like your information the old-fashioned way, in the form of a hard-back book, you’ll like this. The Dummies brand is well-known for its sense of humour and comprehensive coverage of topics. This book promises “guidance on identifying growth trends and market sectors positioned for rapid growth” and more. A word of warning, though; the most up-to-date version of this was printed in 2013. So, while this book is fine for a general overview, you may want to look online for more current trends and information.
Over on Money Morning, you’ll find an entire section dedicated to Penny Stocks. Here, you’ll find a comprehensive list of some of the best articles being written. These articles are also up-to-date, something that is crucial. “How to Pick the Best Penny Stocks in 2016” is one such example of this.
One of the biggest names in the financial world, the FT is a one-stop shop. Not only will you find Penny stock information, but you’ll also find a whole world other related resources. There are sections for topics like Personal Finance, Emerging Markets and Global Economy. These will help widen your knowledge of the marketplace even further.
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