Investing in the stock market is risky, especially if you're looking for instant riches, but there are big returns if you are careful and educate yourself. There are a few tips and techniques that will help you beat the odds and make fast money trading online.
Think small. It sounds counter intuitive, but it's true. The fast money is made by investing in micro and nano cap stocks, start ups and extremely cheap stocks that are on the verge of huge success.
Invest small. Micro and nano cap stocks are the smallest companies traded on the stock market. They are just entering the market or entering a new phase of their life cycle. Find one who's revenue is about to skyrocket and you'll be in the money in a hurry.
Think new technology. Emerging technologies are great places to hunt for the next Google. This is where you'll find the majority of start ups. Read up on new technologies in their infancy and take a gamble. For instance; if you think bio-fuels have a real future, get in now.
Catch a wave. Some stocks are just going through an extreme cycle. If you can catch one at the bottom, the ride up will be fast and furious. For example: The American auto industry crashed in September 2008 and was down for months, but the C.A.R.S. government stimulus program gave the entire industry a huge boost. In a very short time period people made lots of money.
Follow politics and money. Figure out where the government subsidies and tax breaks are going and you might find some companies set to benefit. Utilize an online stock screener. Screen for stocks trading for pennies.
Investing in the stock market is risky. Investing for fast money is even riskier. Do not invest money you can not afford to lose.