One of the most underrated and affordable investment vehicles has to be trading penny stocks.
I think what most traders love about penny stocks (including myself) is how much bang you get for your buck.
There have been instances when penny stocks have gone up as much 10 times (1000%) in their value.
Of course, the thing is, you have to know to buy the right small cap stock that can have that kind of potential.
You can do this through either technical/fundamental analysis.
The most difficult part is being able to scour all these kind of stocks that are on the market and decipher which one you should trade.
There are a TON of these kind of stocks.
Just looking them up would take a long time.
Never mind actually researching them.
Thank goodness there are programs out there that make this process a whole lot earlier.
This kind of software, automatically scans the markets and looks for the most profitable trading opportunity.
They scan the market looking for counter-trends as well as news that comes out every single day.
With the ability to quickly analyze the market, it automatically formulates entry and exit positions.
So, luckily for all of us, this has become a lot more automated.
It saves us time, and it makes our trading decisions a higher chance to be profitable.
What a wonderful age we live in.
Hopefully, it will only get better as the years go by.
I would have hated to have traded stocks with the limited tools that we had a decade ago.