Why Cash is Your Best Asset with Penny Funds
Author: Buzz ScottWhen you start your Penny stocks trading career you first need to decide how much you are willing to invest. You need to remember that this is not a "sure-fire" income opportunity and that it is possible that you may lose everything, so be sure to not to invest more than you can afford to lose.
That said when you have decided on an monetary amount, whether it is $100 or $10,000 you should avoid the temptation to put all of it into one or more Penny stocks. But why you ask? Surely the whole point of putting the money into your stock broking account in the first place is to invest it.
Well yes and no. . . if you have all of your funds invested at the same time then you lose a lot in flexibility. You have few options when faced with the need to respond to a rapidly rising market. Or to profit form a newly acquired piece of information that one or more penny stocks are about to move upwards.
About the Author:
Buzz Scott has 12 years of Penny
Stock investing. Big profits can be made in Penny Stocks, but there are also
many dangers. Find some insider secrets at:
http://www.penny-stock-secrets.com
Article Source: ArticlesBase.com - Why Cash is Your Best Asset with Penny Stocks
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