Penny Stock Info - Know Before You Start

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I think most people are realizing that things are changing in the stock market.
Whereas people used to invest solely in safe blue chip stocks, there has been a very big change where traders are investing in penny stocks.
With good reason too.
It's obvious that most of us aren't millionaires, and we can invest in these kind of stocks without that much capital.
But before you get started trading penny stocks, you do need to gather some info on them.
I know they are definitely enticing when you consider how cheap they are.
But you can't just go around and buying them on a whim.
You have to research each one and make sure you weigh the pros and cons of each stock you are interested in.
This is pivotal because you are investing in less established corporations.
You need to be able to locate a website which makes this process a lot easier for you, because you can go crazy scouring and researching all of these companies.
If you are doing it yourself, it almost gets to the point where its counter-intuitive.
If you are lucky enough to find a free service than can do this, then more power to you.
But it's been my experience that you get what you pay for.
So you can imagine what you get for FREE.
Also, not matter what you do, don't trade with money that you can't afford to lose.
I know that may seem like common sense, but you'd be amazed at how many people make this mistake every single day.
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