Penny Stock Trading Apps for iPhone
Image via CrunchBase
Do you want to trade penny stocks but don’t always have access to a computer? This is a common dilemma for most penny stock traders whose day jobs don’t always allow them to monitor their watch lists or portfolios at all times. Penny stocks by nature are highly volatile timing is everything and short-selling is the norm. That is why it is imperative that any serious penny stock trader have access to the right information at the right time. Luckily for us there are several apps for that. Some apps are more useful then others so I reviewed all the latest apps and came up with a list of must have apps for the serious penny stock trader.
iTrade: I listed this one first because before you start investing in penny stocks I want you to be confident in your trading strategies. iTrade is the perfect app for you to hone your day trading skills without any financial risk. iTrade provides users with a realistic trading environment complete with up to date quotes and breaking news.
Bloomberg: This handy app is loaded with news from around the globe, breaking press releases, quotes, charts galore, and tools to analyze the markets. Bloomberg is totally customizable to meet your specific needs as well.
iSwim: An Ideal app for the penny stock trader. Created by thinkor swim Iswim provides penny stock traders with all the tools that they need and more.
- Monitor the market and simulate trades with a funded account with paper money
- Trade stocks, options, currency and futures quickly and easily
- Customize your trading using their advanced order editor
- Track and modify your pending orders
- Manage positions and view risk and performance metrics
- Live, streaming audio (Only with the iPhone)
StockTwits: The StockTwits app brings together a worldwide community of investors with a common goal of making profits on Wall St. The StockTwits app allows users to share ideas with other penny stock traders and investors in real time, view charts and videos, and access the highest quality market news and financial blog posts. With this app you can follow like minded penny stock traders through the use of streams recommended specifically for your trading style.
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