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Learning to day trade and being able to day trade penny stocks for a living are two different things. This article discusses the best strategies for becoming a day trader of penny stocks. Day traders use many different strategies and technical tools to help them try to beat the market. If you want to trade penny stocks daily, you need to focus on both strategy and the right tools so that you can pick out the hot penny stocks and not the cold ones.

Penny stock trading is not for everyone. You have the have the right personality and want to learn how to trade penny stocks. These securities are volatile and the trader needs more information about penny stocks to become a successful. No matter what your experience level, penny stock trading is a learning experience even for professional traders who have not yet dabbled in them.

A penny stock can be found on the OTCBB (over counter bulletin board) or the Pink Sheets. Penny stocks must file with the SEC, while a penny stock pink sheet is not required to file. There are normally priced penny stocks and pennystocks micro, where the price can be as low as $0.0001, sometimes even lower, but it all depends up on the Penny Stock Broker as well.

Dig around our site you will find a glossary telling you what is a penny stock, penny stock articles, penny stock tips and tricks and lots more. Head on over to our blog and learn about historical penny stocks tips and lessons learned. When you’re ready to start trading hot penny stocks, sign up for our investor newsletter and we will be happy to share our thoughts good and bad stocks.

If you are interested in penny stock trading, you may be interested in Forex trading with FXCM, one of the world's most lucrative commercial markets. Penny stock brokers can really help you find a good deal.

Penny stock trading is more attractive to small investors. When trading a penny stock your only concern is to buy low and sell high. You can ride out economic cycles and the news of a company can be followed to help make money when trading.

All that being said, investors need to start somewhere and there are a lot of potential success stories with penny stocks. When doing your research on penny stock picks, be sure to do your homework and use the best research tools available.