The ANSWER to the Question:

Photobucket

Welcome to the Penny Whisperer Blog


Welcome to Penny Whisperer's Power Penny Picks !
 
Enter your email address below to receive some of the hottest penny stock picks, trading
tips and ideas available anywhere... and get ready to profit from your penny stock trades!

One of our recent picks gave us nearly 600% profits in just a few short days!!!

(Your information is safe and secure and we never share it with anyone. Unsubscribe at any time.)
 

E-mail address:
 

Follow the steps to the right below and make your money work for you. It's fun! It's easy! And it's very rewarding. We'd be thrilled to help you secure your financial future. Not everyone can give you a 300%+ return on your investment in such a short period of time, but we're real people, executing real trades and making real money! Get on board today! You'll be glad you did! *NOTE: This site is NON-MONETIZED and AD-FREE & exists only to help you, the trader, make informed and profitable trades.

PennyStockRumble

Penny Stock Rumble

Monday, January 17, 2011

This is the Second Step:

Ok, the first step to beginning to trade is opening a trade account. I recommend Zecco. You can open an account with them by visiting the link that I provide for you to the right side of this blog, or further down the page.

The second step is, of course, to fund your account. This is extremely easy to do with Zecco. By the way, you can trade penny stocks with very little start-up capital. I started with less than two hundred dollars and have made trades with as little as fifty dollars ($50).

However, I recommend starting with no less than $500 if you really want to make money quickly. Here's why...

Let's use my figure above, $50 to start. With Zecco, you will have virtually the smallest per commission fees of any broker on the internet. But, even with that in mind, you will still have to clear a 20% gain just to break even when entering a trade with $50. Actually, that 20% gain will gross you $10. Commission fees will be $4.50 to enter the trade and another $4.50 to exit the trade. You will have earned $1.00.

Now, let's say that you entered the same trade using $500. You exit the trade at the same 20% gain point, only now instead of earning only $1.00, you will have grossed $100, less the entry and exit commissions totalling $9.00, and you will have a net gain of $91.00. And that's with only a 20% gain.

So, you see, the more money that you use to trade, the more you are going to potentially earn.

So, the second step again is... funding your account. And again, I suggest starting with no less than $500.

No comments:

Post a Comment