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Old 04-19-2007, 09:05 PM
kingsleymok kingsleymok is offline
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Join Date: Apr 2007
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My first purchase "Trade Like A Pro" to be used on $500 Experiment

Well,

I've just purchased the CD online and I await for the arrival of the CD.

Tomorrow, I will be making calls to ScotTrade and ETrade enquiring their services and open an account with one of them after my decision. Then start exercising my options and start with the $1 - $10 market range.

I don't know about the Penny Stocks. Seems too risky. The companies will just fold anytime and take the money and leave. I've looked at the Russell Industries (RSDS) from the earlier post here and there's not enough leverage or enough material to convince me to invest in them. I will focus on the $1 ~ $10 range and slowly build up there using Orange's and other's theory about the 5% to 20% method.

I would personally focus on the Coal sector as coal is huge demand in China.
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