Is Stock Trading A Thing Of The Past?
Given the recent events of the stock market crashing all over the globe again and again without a means for bouncing back, it is over? Not by a long shot! Why I say this is because I watch it obsessively close and paying attention to future trends with also being aware that the media is not reporting the “bad news” correctly but more a hyped version to boost their ratings.
Of course I watch the money channels and hear what the veteran traders are saying like Mr. “booya” himself and his Mad Money show, he has a good handle on things if you look past the hyper fast talking charade. Trading stocks are volatile no doubt these days, but can still be lucrative if you know what to look out for. Gold and other precious metals have always been and will continue to be a solid investment, it is a physical product you can hold in your hand unlike a stock, go ahead and try to pick on up, it’s just a piece of paper.
Buying stocks needs a little intuition and some experience. For instance I noticed that the coffee powerhouse Starbucks has taken a more fast food approach to its business to broaden its customer base, get them in and get them out plus up-sell those tasty pastries that are becoming more inexpensive. If you have noticed the chairs are not as comfortable to discourage people from spending all day in there by milking that one cup of Joe. Watch their stock increase, it is climbing steadily and there are posting huge profits since their recent voluntary restructuring, take note they were never in financial trouble, just saw an opportunity to condense and profit like most other companies are doing.
Then there is the forex market and penny stocks. Forex is alive and well, but one needs to know how it properly operates and what robots or software’s are best for their interests. If you like high risk then go for it, but if you want safe and steady then there is a forex robot for that known as Penny Stock Sniper. Penny stocks are also a wise choice right now due to their low-cost and potential high yield, you could trade those all day long and still turn a nice profit, not huge but a profit nonetheless unless you have many portfolios going at once.
Check out the all new Penny Stock Sniper, http://pennystocksystem.co software that grows your profits slow and steady and see if it will work for your stock buying adventures.