About This Blog...

This blog is intended for anyone interested in learning about the wonderful world of Day Trading. I consider myself a "casual trader," and I never invest money that I can't afford to lose. This is an important strategy that I can't stress enough.  For example, I typically invest $30 into my TD Ameritrade account every 2-weeks (aka "payday").  I consider this my "play money."  I'm sure you're probably saying to yourself "$30.00!  I can barely buy a few shares with that!"  And in some ways you're probably right.  And in my case, I only use $20 towards buying stock, because Ameritrade charges $9.99 per transaction.  So every 2-weeks I buy $20 worth of stock.  

With that being said, I use that $20 wisely, and spend a few weeks researching various penny-stocks that I feel might have potential growth, both short and long-term.  Many people fail to realize that penny-stocks often sell for fractions of a penny.  For example, I purchased 1724-shares of SPSN for $0.0174/share, total price $30.00.  The current price of this stock is $0.2078/share, giving the current value of my investment $358.25.  This all occured within a matter of a month.

In my opinion, penny stocks have great potential quickly grow.  Unfortunately they also have the potential to fall just as fast.  However, if you do the research, and pick solid companies, then you will typically do well in the long run. 

My goal for this blog is to offer picks and pointers for anyone interested in Penny Stocks.  I'll have usefull links, and picks from various sources, and breaking news about the market.