A Penny Stock List

Why do you need to compile a penny stocks list, and how should you go about doing it? The solutions to those 2 questions will give you the understanding you need to level the penny stocks trading field enough to offer you an opportunity at success. A penny stocks list which is the result of your careful due research will help you focus on the stocks most likely to appreciate short term, and that's what you're after.
Your penny stocks list will enable you to trace the stocks you are watching with ease. Making an attempt to monitor the thousands and thousands of penny stocks every day is just most unlikely, and by the point you had looked at even one % of them the trading day would be over.
Keeping track of Your Holdings
Having a penny stocks list will also permit you to have within easy reach the positions you hold in your penny stock portfolio. You may know precisely how many shares you have in each company, so that you can track your gains and losses with your broker's online quotes. You will be able to sell as quickly as you are in profit, locking it in. The perfect time to take profits in the penny stock market is as fast as you have them, and not a minute later on.
You can devote part of you penny stocks list to the stocks which you are considering for later purchase. You can pick up on any major movements in their costs, and if you see a positive one, try to determine if it likely to continue.
If this is so you should buy the stock and move it to your monitored list, to sell as quickly as you are in profit. Having a penny stock list is the simplest way to time your entry and exists into different stocks.