Pink leaves. Stocks of pink leaves. Roses. Everyone seems to be talking about stock trading on this penny stock quote service and the chatter will only intensify once the OTC QX division of Pink Sheets is fully functional. With all the buzz around the Pink Sheets, many people are wondering if they should consider investing in this market. Rumors abound in online discussion forums like Raging Bull about the fortunes made by those who trade the smallest of small caps. Is it possible? Is it true? Is there something about the Pink Sheets that sets them apart from the NASDAQ or the Big Board? The answer is yes and I want to provide antidote evidence on the pink leaves.
My name is Richard Bond and I want to tell you how trading Pink Sheets stocks has changed my life.
It started when I changed my financial situation which led to a change in my overall outlook on life. Now I live my life on my terms. I've learned the hard way that the amount of money you have determines the kind of life you're going to live. I decided I had to work hard for myself, not my employers, and I had to find a way to get my hands on the kind of money I needed for the kind of life I wanted to live. I quickly discovered that investing in the stock market can be like owning a license to print money, but to play in the big leagues like the New York Stock Exchange or NASDAQ you have to start. with a lot of money. If you have a lot of cash to play with, you might be interested in Big Exchanges.
But what if you start from the bottom? Don't worry, because there is a place in the market where the little guy has a chance to be successful. This is what you've heard of: the Pink Sheets. I want to give you a taste of what makes them truly unique.
Before I start, I want to tell you how I discovered the pink leaves and why I think they are the easiest way to make money.
I used to think I was doing pretty well for myself. I had a five year old car, rented a nice apartment and lived through paycheck. Savings accounts, well, I thought to myself, this is for the elderly. I was twenty-seven and worked in the mail room of a small brokerage firm in New York City. Then, in quick succession, two things happened that woke me up and made me realize what a pathetic situation I was in.
First my smart and really beautiful girlfriend dumped me. She explained that she always wanted us to always be "friends", but the new guy in her life was going places. He was fine in places he used to go places in his brand new Porsche Boxster. I have no resentment towards my ex-girlfriend because there is no law that says smart, really good-looking and ambitious people have to date slackers who at twenty-seven are working still in the mail room.
Secondly, a few weeks after I was thrown to the curb by the girlfriend, one of the business associates "told" me (notice I didn't say ask ) to help one of the traders clear his desk. I didn't think much about the request because I used to be a staple and assumed the guy was fired. He was a loner who hit himself on his own and didn't seem very social. I helped pack items in the shopkeeper's office silently, he didn't speak and didn't want to embarrass him by having little conversations.
Eventually everything was put away and I handed him the last box to load onto a cart that he would use to erase all memories of his existence from the office when I caught him smiling at me. I was stupid enough to blurt out, "Why are they firing you?" He laughed and told me he was not fired, that he was retiring. He had made enough coins for his wife and three children to pack up and leave New York for Florida and they now had enough money that neither of them had to work again. They were going to make educating their young children their full-time job while enjoying the $ 2.7 million home they had just purchased. "Of course," he said with joy in his eyes, "we'll still make time to go on vacation." He told me he was never going to work at a 9am to 5pm job again. Then he said two words to me, "Pink Sheets" shook my hand and was gone. He was thirty-five. He was only eight years older than me and he had already said goodbye to the rat race.
It was four years ago. Now I live in Las Vegas, I own three cars; I own a house in an exclusive neighborhood and an apartment on the Strip. I have a full bank account, an investment portfolio, I wear designer clothes, and I don't have a girlfriend – I have girlfriends. Trading stocks on the Pink Sheets has changed my life.
There are many ways to make money in our wonderful world of capitalist free enterprise (the easiest being to inherit a large sum of money), but many of these ways are complicated and require a lot of participation to start. We all hear about fortunes in the real estate market or building a better mousetrap, but let's face it, unless you have enough starting cash and, more importantly, time, these means are not really an option for you. In addition, there are a lot of risks in every business. There is nothing better than having the bank call your loan in a declining real estate market to send you to the poor house, or seeing all of your money go missing if the business that you are trying to establish fails. So you have to ask yourself, is there a way to start making money, real money, not the kind of money that a salaried slave is? paid, but the kind of money that matters, starting with a small amount of money and limited risk? Hope you answered the stock market because this is how the big players who started out as little fish all made their game.
The stock market? Yes, the stock market. The last place someone with a little bit of cash, quick wit, and courage can start making money. I know most of you are thinking or even saying, "What is this guy talking about?" Stocks are riskier than buying real estate or declaring a business ”. Consider the following: Can you buy real estate for $ 1,000? I know you can start a business for $ 1,000, but how good is a business? And can you invest $ 1,000 in one or the other and double it on the same day?
The trick is that the only place a person can start making money with as little as $ 1000 is the Pink Leaves. I know some people reading this are going to say, "Where the hell am I going to make a thousand dollars?" Don't worry if there is a will, there is a way. Start by refusing to buy "designer" coffee to begin with.
CONSIDER THE FOLLOWING FACTS OF THE PINK LEAF
It doesn't cost a lot of money to invest in Pink Sheets stocks. Instead of paying $ 25 a share, most are priced under a dollar
The volatility of Pink Sheets allows you to double your money.
You can buy Pink Sheets stocks online without the need of an expensive stock broker
When you sell online you are giving the kick-off, no longer begging your stock broker to buy and sell. You buy when you want to buy and you sell when you want to sell. Best of all, you can automate the system so that you don't have to sit in front of your computer waiting for something to happen.
You can access information about a particular stock online at the Pink Sheets website which provides you with all the information you will need about what's going on with Pink Sheets stocks. Try to find a New York Stock Exchange summary and you need to consult at least ten different sources.
The Pink Sheets website will allow you to track the progress of a stock with charts. You can find contact details for a Pink Sheets business on the Pink Sheets website.
The businesses listed on the pink sheets are start-ups; this allows you to enter the ground floor of emerging technologies.
I'm not saying there are no risks, but when you decide to pursue your dreams and cash in the money you want, there are always risks. With the pink leaves you will always know what your maximum exposure will be. If you've invested $ 500 in a stock that has collapsed, you know you've wasted $ 500, with a business you never know what trouble awaits you if it fails.
You buy into someone else's efforts. You don't have to put in any effort other than researching, buying, and selling. You don't have to be until ten at night to fill the order, like some of the people who run the companies whose stock you bought and sold.
So how do you start trading stocks on the pink leaves? While there are five items you must either own or be prepared to obtain:
1. Tools: You will need a computer, internet connection, online brokerage, and inventory tracking program.
2. Skills: You will need to learn how to use the Pink Sheets website. You need to learn market terminology and how orders are processed. You should also be able to assess your risk for each stock purchase. In other words: you need to learn the skills to properly use the online brokerage and how to use the information you collect for analysis and research of the right stocks.
3. Knowledge: Most newbies rush out and buy the first stock someone recommends, which is the worst way to buy a stock. This will almost always result in a loss or a very disappointing return on your investment. This is because the market is dominated by 'market makers' who buy huge lots of stocks and sell frequently whenever there is news on a stock, in taking profits. Before you buy a stock, you should get to know that stock by studying or researching the fundamentals of the company behind the stock.
4. Trading Style: Your trading style (ie your investment goals) will change as you trade. When you start out you will want to trade for short term profit, but as you increase your capital you will be able to choose long term investments that will lead to even bigger profits.
5. Risk control: How to protect profits with stop losses and how you protect profits with a trailing profit stop. Stop losses are a trader's best friend and protect him from catastrophic losses.
The simple truth about Pink Sheets stocks is that they are the best fit for someone with little money, but a lot of courage to make a fortune.