Trading can be a tough business and many traders lose money, in part because they make avoidable mistakes.
Here are some of the most common trading mistakes that traders should avoid doing. Avoiding these mistakes is no guarantee that you’ll make money trading, but it can certainly reduce your risk and improve your odds.
What attracts investors to trading penny stocks is the opportunity for a trader to make quick profits in a very short period of time since penny stocks can be very volatility and move fast in a short time frame.
Many consider trading penny stocks to be much more riskier than trading a normal stock. Sure, penny stocks can be risky but with a set of rules that you set for yourself much of the risk can be eliminated
Shares of wind turbine maker Sauer Energy, Inc. (OTC: SENY) have been in a downtrend the past few years.
Sauer Energy, Inc., which trades over-the-counter under the ticker symbol SENY, has seen its shares fall from $1 in 2011 to as low as .10 cents in 2013.
The company first got the attention of many investors during the height of the renewable energy and green energy craze a few years ago.