Looking for a affordable broker to trade penny stocks with that won’t nickel and dime you to death? Its a question I get asked often and since my SuperNova Elite premium newsletter focuses on stocks ranging from $.001 to $5.00, a top penny stock broker is a must!
If I had to recommend one, I would start with Etrade and the reason why is simple. They have a very good “flat fee” commission which is only $9.99 OR $7.99 if you are a active trader; per trade. They don’t add on extra fees for every 1,000 shares over 10,000 for example like some brokers do.
Etrade also has whats called “Etrade Pro” and this is a software program that has a level 2 (Market Depth) a charting program, a live streaming scanner with custom features, live TV, streaming news, quotes and a whole lot more. Assuming you are somewhat active, they will give this to you for free!
Charles Schwab is another broker I would recommend taking a look at. Now I have not been with Schwab in many years but I hear they are very good now for penny stocks. They don’t “restrict” penny stocks like Ameritrade does for example, they let you trade the stock you want just like Etrade does. Their commission is also a “flat fee” and I believe it is similar to Etrade at $9.99 or $7.99
Those are my top 2 penny stock brokers and I would look strongly in to them if you are serious about making big money in the penny stock markets.
Remember, my SuperNova Elite service has been built around 16 years of trading experience for stocks under $5.00 per share and above $.001 or what most would call “small cap stocks.” We have thousands of satisfied subscribers that continue to resubscribe day after day; not to mention refer their friends and family to our service as well.
Source:-http://www.topstockpicks.com/public-category/top-brokers-for-penny-stock-trading/ETF are certainly becoming the popular choice for investors, but before engaging in this market directly there are a few things every investor should know. I will cover these essentials in a moment, but first we need to understand what ETF’s are. ETFs or Exchange Traded Funds are similar to stocks in the way that they are traded, but modeled more closely after mutual funds.
Mutual funds are great low risk vehicles, but certainly have their drawbacks. For example, did you know that you can only buy into a mutual fund at the price reflected at the close of day? And investors are not able to short sell these funds either. The introduction of ETFs provides investors with a greater deal of flexibility while maintaining the low risk appetite investors desire.
If you are new to the world of ETFs, these are just a few essentials that every investor must know.
The Demise of Leveraged ETFsLeveraged ETFs can be a great profitable tool if you know how to use them properly, but they can be dangerous if you don’t know what you are doing. These ETFs will move two to three times its benchmark over the course of a trading day allowing investors to enhance performance. If for example the benchmark rose 1% over the course of a trading day, the leveraged ETFs would rise 2% to 3% over that same period depending on the leverage utilized.
The ProblemLeveraged ETFs are great for the intraday trader, but not for the swing or position trader. The problem is that these assets were designed to track with the daily performance of their underlying benchmark rather than the long-term performance of that benchmark. Put simply if we did the math it would be obvious that over time these leveraged ETFs will deteriorate, underperforming their benchmarks, and will ultimately head toward zero.
This is simply a word of caution for those that are considering the addition of leveraged ETFs into their long-term portfolio.
Size Matters: Liquidity is KeyThere are new ETFs introduced to the market regularly, but just because they are out there doesn’t mean that as investors we should trade them. New ETFs have a tendency of going bust if they fail to gain traction in the market. Simply put if an ETF does not attract enough assets, then investors will liquidate as a means of cleaning up their portfolio; which leads to forced liquidation that causes the ETF to collapse. This is a trap that you do not want to get caught up in.
The key to selecting an ETF is looking at the dollar volume of the preferred asset to make sure that it has enough sustainable traction. Generally speaking, I look for ETF’s with at least $2 million in average daily volume to even consider it for my long-term portfolio.
Commission FREE ETFsThere are a number of brokers that have initiated commission free trading for a select grouping of ETFs, as a hook for investors. While this is certainly an enticing offer, it leads to A) overtrading and B) ignoring the liquidity of the ETF. The smaller, less liquid, ETFs generally have a larger bid/ask spread, which can increase your cost of doing business. That said, in some cases you are better off paying the commissionable fee than engaging in these ill-liquid funds.
Exchange traded funds can be a great low risk investment source as long as we are aware of the potential pitfalls. One my my objectives is to help investors navigate through these hazards. I focus on highly liquid assets and do my best to steer clear of the pitfalls. If you are looking for a guide to help you navigate through these murky waters, then JOIN US here at TopStockPicks.com!
Source:- http://www.topstockpicks.com/public-category/3-things-every-etf-investor-must-know/
CERP shares have broken through their 50-day moving average in trading today as a result of the rally. The stock’s MACD has also crossed above the signal line. Both of these are strong bullish signals, and suggest that the upward momentum in CERP shares could continue, going forward.
While technical indicators point to further gains in NFEC shares in the near-term, the increasing demand for energy saving products and services in China makes NFEC an excellent long-term bet as well. Also, the recent developments at NFEC suggest that the company is well-positioned to capitalize on the increasing demand for energy products and services in China. All these make NFEC a stock to watch in the long-term as well.