If You Buy Penny Stocks, These May End Up On Your Watch List This Month
Do you know how to buy penny stocks? If you’re new to trading or just new to micro-cap stocks, then you’ll want to understand a few things. First, you should know that penny stocks carry a lot of risks and in turn, you should be ready to handle volatility. If you thought 10% swings were “crazy” in stocks like Facebook or Twitter, penny stocks can see swings of 50% or greater within minutes. Also, keep in mind that other factors can impact these cheap stocks.
Most of the time people will judge penny stocks harshly. They’ll discuss the risks involved. But if you know how to handle risk, you’ll be in a good place to start learning about penny stocks to buy. Understand, however that most articles will give only starting info and it’s up to you to make your final decisions based on your strategy & risk tolerance. In any case, by definition, penny stocks are equities trading below $5 a share so there’s likely even more volatility the cheaper the stock.
However, if you’re ready to dive into the world of penny stocks, make sure you have a plan, do your research and make lists. With this in mind, here’s a list of 3 penny stocks to watch or possibly, penny stocks to buy in September. The choice is up to you.