Tuesday, September 15, 2009

M.I.T. Student Turned $1000 into $1.4 millions from Trading Penny Stocks

Not too long ago trading stocks was only for professionals who work on Wall Street. The internet changed everything. Now anyone with a computer and an internet connection can become a stock trader. You can literary buy stocks online for pennies, which is why they're called penny stocks. There are many online stock trading companies, such as Etrade, and signing up is free.

Online traders can setup trades 24/7 making it popular with enthusiast who trade part time to earn extra money from home
Successful traders even quit their day jobs, because they make more money from online trading. An example of this is the M.I.T. student who took what he learned at the prestigious school and made $1.4 millions dollars from trading penny stocks.

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