TSXV:AAA.P - Post by User
Comment by
loonie4buckson Jan 06, 2010 10:49am
154 Views
Post# 16644053
RE: Need 1-2 brokers name for my first investment!
RE: Need 1-2 brokers name for my first investment!Firstly, try your banks, most have brokers where you do your own trading. If you are looking for a 'BROKER", if your friend is such a good friend I would have to assume he would know someone.
Secondly, the OTC a very difficult market to play.... pumps and dumps are very prevalent. If you play the pumps and dumps.... get in and out as fast as you can. Very few OTC stocks make it and usually end up being penny stocks. I would suggest you also get live feed for the OTC. Another word of advice, if you get email newsletters about 'up and coming' stocks, be sure to read the fine print. Most of this type of solicitation is paid for and is not sincere. The writers or so called columnists take advantage of people like you and me, trust me I've learned the hard way.
I am presently in a pump and dump on the OTC, my bid is low, if it takes I will immediately put a sell order in. The OTC market can move very fast. Yesterday, I made $250 on a pump and dump within a few hours, but IT IS RISKY!
GL2U