Have you ever thought about what are penny stocks and how can I trade them? Well, here is some information about them. First, penny stocks are classified under exchanges such as OTC (Over the Counter), OTCBB (Over the Counter Bulletin Board), and Pink Sheets. The price of these stocks are $5 price per share and under range. You can place buy and sell orders such as buy, limit buy, sell, limit sell, sell short, and trailing stop. There are a lot of factors that go into buying and selling a stock. Those factors could be volume, charts, share structure, news, and many others as well. For charts, there are factors you look at such as BB (Bollinger Bands), MACD (Moving Average Convergence/Divergence), MFI (Money Flow Indicators), MA (Moving Average), and others jst to name a few. Whatever your trading purpose, do not rely on just one factor on buying or selling a stock. There are also numerous free information sites out there to help you and educate you to make your decision. Take your time and be well informed about trading penny stocks. There is money to be made in this market.
