Part 2. Research Finding The Stock For You

One of the main reasons why people don't open up there own investment account that they don't personally handle and manage is because of the time and effort it takes to research stocks and find ones that meet your needs. But with today's technology and advancements in information sharing it has never been easier. There are a wide variety of tools easily accessible for everyone, these include the investment firm you choose such as ETrade or TDAmeriatrade to Google and Morningstar.

My favorite place to find stocks and research them is Google. Its free and gives you many charts and graphs about the stock. www.Finance.Google.com On the main page it will show information about the markets in general and then will give you a break down for each individual sector in the market. You can then compare each sector to one another about possible growth and what the current strong sector is.

Once you choose a company you want to look into you can read all of the latest updates as they happen about the company. There are also a section for user posts, I don't really read as much into those because most looks like spam and or people are just trying to get you to visit there site.

Now to maximize profit potential, in a risk sense, you want to maximize the amount of shares you can purchase. This being said that is why I started off looking for MicroPenny Stocks. These stocks range from .0001 to under $1. That is the target range I usually look for. **Word Of Warning These Are Very Risky Stocks As In Some Might Not Be Legit Companies If A Pink Sheet Stock** But in general I have had very good luck with having legit companies, I think. So how do you go about finding these companies?

I start my research with a combination of two sites ETrade and Google Finance. First start with Etrade research options so I can find a stock in my price range. I will start by searching in a specific sector then I will go and screen stocks because the ones we are looking for are rarely on the main page or news, or at least not until we can afford to purchase more. I have to modify the search and uncheck the 13 week change interval so we expand our search.

Then you get all of the stocks in that sector! You must now organize them by price, cheapest to largest price. Now you don't want to look at junk companies that just stay at the same price for the longest time so this part involves a lot of patience and time. But there is a faster way to get to that just sort by percent change.