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by sargent on April 25th, 2007

sargent

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Is there asite with a practice account for penny stocks?

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Answers. 1 helpful answer below.

  • by R_Berue on May 29th, 2008

    R_Berue

    There are several on-line sites which allow folks interested in trading to trade just about any type of stock or security they want.

    Since Google sponsors ads on this site, perhaps you should google "virtual trading" or "paper trading".

    As far as penny stocks are concerned, they are extremely risky!

    One of my personal trading rules is never attempt to trade any stock less than $26.61. BUT that's one of my own personal trading rules.

    Many traders and investors won't go below $10 per share. The primary reason: Its difficult to "short stocks" below this amount. AND the great majority of traders and investors don't want to be part of any "pity party. The stocks can quickly change direction.

    Its a matter of personal choice.


    Thanks for asking your Q! I enjoyed answering it!

    VTY,
    Ron Berue
    Yes, that is my real last name!

    Sources: My wonderful family!

    My wonderful coaches and mentors!

    TWO [2] of THE ABSOLUTE BEST, MOST wonderful trading groups in the world, which I am most proud to be a member of!

    Trading stocks and options more than 2 years.

    "THE University of Hard Knocks"

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