Penny Stocks for Dummies

by Peter Leeds

Want to make a big bet on an economic recovery in the U.S.? Start thinking small! The growing popularity of penny stocks can be attributed to a combination of increased understanding and tough economic times. Penny Stocks For Dummies explains the basics of penny stocks and provides expert guidance to help you get involved right away.Penny Stocks For Dummies provides you with the information and advice you need before considering an investment in penny stocks, as well as the tools needed to make sound investments. You'll also get expert guidance on identifying growth trends and market sectors positioned for rapid growth, finding undiscovered penny stocks, and understanding the fundamentals of a potential investment in penny stocks.Arms you with the know-how to properly identify, and purchase, winning penny stocks Shows you how good money can be made from these low-priced shares Gets you involved in Penny Stocks quickly, painlessly, and on a small budget Penny Stocks For Dummies appeals to anyone who doesn't have a lot to invest right now in the current economic climate, but who wants to multiply what they do have.

Genres: Finance, Money, Business, Reference, Economics, Nonfiction

304 pages, Kindle Edition

Published April 3, 2013

Reviews

[Simerpreet Singh · Rating 3 out of 5]

The book surrounds on the movement of stocks and very basic fundamental analysis. It is good read for an investor who is really new but if you have some experience in investing in stocks this book can be really redundant and repetitive.

[Cat · Rating 3 out of 5]

Lots of good information and knowledge on how to research. I'll still probably go yolo for those tendies following r/wallstreetbets though

[Kofi Frimpong · Rating 1 out of 5]

Vague on many topics

Books spends a lot of time bouncing the reader from chapter to chapter to anticipate details on methods of picking out these kind of stocks. However much of content is just definitions of financial concepts without specifics on how to apply them. Even the chapter on screeners was vague on how to set up the criteria.
Readers are better of selecting a good book on trading and technical analysis.

[Richard · Rating 4 out of 5]

Good introduction to penny stocks with some ideas that are applicable for other stocks. Ignore the occasional typo. Actually a good basic training guide for someone just getting started in the stock market

[Fares Al-dhabbi · Rating 5 out of 5]

I recommend this book for those who are new to penny stock. It provides all the information you need to know so that you start practicing. If you were lost about where and how to begin. This books gives you the steps. Note that lots of learning, analysis and practicing needs to follow.

[Jacob Troutman · Rating 4 out of 5]

# 🚀 The Book in 3 Sentences

Penny Stocks can be defined a couple of different ways, but essentially any stock that trades under $5 can be considered a penny stock. In order to trade penny stocks well you have to be aware of the potential pitfalls and acknowledge that there is a certain amount of risk any trade. This books goal is to educate you on what those risk are and how to mitigate them as best you can, hopefully leading you to become a better trader.

# 🎨 Impressions

I think this book should serve as a text book for creating and refining you investment strategies, regardless of rather or not you are trading in only penny stocks or not. This books covers in great detail fundamental analysis and gives a lot of practical application on how to apply that to penny stocks. He also covers, although not in as much detail technical analysis. I’m not certain that this book will give you enough comfort to start trading if you have not already, but if you want to become a better trader this book covers most of the topics you can get into in regards to refining you strategy.

## Who Should Read It?

- Although this is a book about penny stocks I think anyone who is looking to trade stocks can you this book as a text book for creating a investing strategy.

[Danielle · Rating 5 out of 5]

For honesty’s sake, I did not completely finish this book but I don’t want to eliminate it from my list. Peter Leeds is a man of great integrity. I trust his well-supported projections of the stock market. I use a TD Ameritrade account. This year, I began with low amounts of investment capital because I don’t want to be driven by greed and fear. This is a good place to start if someone wants to get into the market.

[Keith · Rating 5 out of 5]

Read what you need to know. Maybe only 2 or 3 chapters will do. Nonetheless, read one chapter of this beginners tool and be equipped with the knowledge you need to create a systematic strategy to put the odds in your favor. Learn the foundations of the trading skillset. Take advantage of the "common" indicators. Thrive in a time of absolute uncertainty!

[Joeri Ryckaseys · Rating 4 out of 5]

If you have read Stockmarket for dummies, you can basically skipp 50% of this book. But the principle of Penny Stocks is something you might want to check on if you are interested in this kind of stocks cause it's a bit different than traditional stocks. Also, the best advice of this book, is where the best bourses are to find the more trustworthy pennystocks.

[James Greening · Rating 5 out of 5]

I started reading one book at a time that is related to my day job, and this was the first one I grabbed so I can have a better understanding of the topic for my clients. This books was very well laid out, easy to read, gave enough insight to let me know what I need to research more, and was written by a true professional. Huge kudos to the author!

[Daniel Te · Rating 3 out of 5]

A bit of a niche For Dummies book, but nonetheless one that teaches a lot about risky economics and investing. If you're the kind of a person that sees potential rewards and likes to take a huge leap of faith sometimes, by all means, this is probably the book for you.

[Tamanna · Rating 4 out of 5]

not my cup of tea but worth the learning

[Steve · Rating 5 out of 5]

Reccommend this book for who is new for penny stocks. Easy to understand the concepts!

[Ishan · Rating 3 out of 5]

Zu Lang und zu trocken, dennoch Informativ

[Alan Barratt · Rating 4 out of 5]

Great book on investing in Penny Stocks

[Jakub · Rating 5 out of 5]

Pretty good intro on penny stock (not pink sheet stocks). Risks described well. No exaggerated promo on author's newsletter.

[Brian · Rating 5 out of 5]

Excellent book, very insightful ! if this is your introduction to penny stocks you should be on the right path moving forward.

[Pedro Agurto · Rating 3 out of 5]

I really liked that it went into more detail