Day trading penny stocks can be pretty risky. It holds the same risk as any form of day trading, but penny stocks have the additional traits of being thinly traded, extremely volatile, and easily manipulated. Sometimes this manipulation is easy to spot, and you can actually trade in the opposite direction of the manipulation (usually shorting [...]
One of the biggest advantages of stock market software is that it enables you to remove emotion from your decision to invest. Letting your emotions control your stock buying and selling is a recipe for failure and anything that eliminates this is going to help you. Market trends are not affected by what you feel [...]