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"When you are just beginning making your own penny stock picks, there are so many factors to consider that it is great to have some aid. In all my years working in the stock market, I have learned that there are four steps that you can take today, to invest your money in a stock that could potentially make you a lot of money. I love to help my clients learn the fun and excitement of the stock market, while also making a great profit from their efforts, so follow along with me as I teach my four steps to making your first trade. It is important to first pick a stock brokerage, before you can pick your penny stock picks. A stock brokerage will buy the stock for you, because would need a license to actually buy the stocks yourself from the trading floor. These businesses will charge you a commission for their service, but in return they make the process really simple and in many cases the commissions are only a few dollars. It is also important to select the finest stock, after you have picked the brokerage you will work with. You will want to be certain that you do in-depth research on the stocks you want to buy, fortunately most online brokerage tools provide the tools for free. This is a complex process and different investors have different strategies, but you basically want to pick a stock that you think will continue to make more money. Each stock is shown by its own stock quote, so when you pick a stock look for the quote. The stock quote will have a few things that appear on it: the company's symbol, last price, bid price, and the ask price. It is important that you focus on the last price as you are starting off, because this is the price of the stock, in most cases, and forget the bid and ask prices. You have done your research and now you get the great satisfaction of actually buying your stock with a market order. Before you click the ""Buy Stock"" button, you want to be certain you enter how many shares you would like to buy. This is a simplified version of how to make your own penny stock picks, but for more information check the great online resources that are available." Now you can have your good plan on making your money grow by knowing penny stock picks and you should also check Penny Stocks To Buy.
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