Intro to Penny Stocks (The TRUTH behind Penny Stock Investing )

What are penny stocks? Are penny stocks worth worth it as good investment? Buying penny stocks are risky but there are definitely ways to make money from penny stocks by day trading and swing trading.

Time stamps:
0:47 - Intro to Penny stocks ( Listed stocks and OTC stocks )
1:34 - Why are penny stocks risky?
2:30 - Penny stock manipulation.
4:30 - Extreme penny stock pump and dumps. $LFIN $HUNT stock
5:55 - Penny stock misconceptions
9:00 - Can you make money from penny stock trading?

Get my FREE Trading Journal + Weekly Stock Picks🎁

📝Get a FREE stock on Webull, $0 commission trading app

Introduction to penny stocks for beginners.
Generally speaking, penny stocks are stocks with market caps under $300 million dollar. The SEC classifies penny stocks as any stocks trading below $5. Some penny stocks are still listed on NASDAQ and NYSE, while the true penny stocks trading below $1 are listed on OTC markets.

Are penny stocks risky?
In short, yes! Penny stocks are risky investments because of the lack of information available to the public, lack of liquidity, and are easily manipulated through penny stock pump and dump schemes.

$LFIN, $HUNT, $AVEO, $YRIV were perfect examples of penny stock companies releasing PR to pump their share prices up hundreds of percent. Then the company insiders sell their shares or issue offerings to raise more capital. Pump and dumps like these are just everyday activities in the stock market, both with the NASDAQ listed penny stocks and the OTC stocks.

Make sure to do your own research, establish your risk profile before you buy penny stocks and do not follow others alerts or recommendations.

I believe the better ways to make money from penny stocks, are by day trading and swing trading penny stocks, instead of investing in them long term. Day trading and swing trading are the strategies I focus on on this YouTube channel. Make sure to check out my other videos if you're interested!

Penny stock trading for beginners:

🖊️Top 5 Day Trading Beginner Mistakes | Chat Room Alerts, Sizing, Trading Plan & More:

📉My Trading Broker Platforms:
-Get 3 months FREE platform + 1 Month 10% off short locates

-Get 50% off Commissions & Short locates for 60 days
-Get 6 months FREE Trade Ideas scanner

🖥️My Stock Scanners & News feed:
Benzinga Pro FREE 14 day trial (use code "HUMBLEDTRADER" to get 25% Off )
Trade Ideas Scanner (use code "HUMBLED15" to get 15% Off)

✅My REAL Social Accounts:

#pennystocks #daytrading #investing
___
DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

[mikedok]

The algorithm landed this video in my trading watch list today. So I started to feel a little nostalgic, as I remember this is one of the very earliest YouTube trading channels I subscribed to. I also remember watching this video and barely understanding what Shay was talking about. Now 5 years later, I laugh at myself at how everything is so crystal clear. It’s been quite a journey. I’ve stayed the course, I’ve got a really good feeling, my fortune is just around the corner. It’s been neat watching you Shay grow up, and evolve too as a trader. And myself as well. Your YouTube channel is like night and day .

[nysebulls]

I would trade penny stocks, I wouldn't invest penny stocks.

[dneuman]

I bought a penny stock a week ago or so and it jumped .I am so happy ! 1200%

[nelsonlee]

Penny stocks data are not trust worthy in my experience. A lot of pump and dump. My preference is mid to large cap stocks. This is a great video for novice trader/investors and a review for experience trader/investors.

[JamesSmith-gksz]

Hey Humbled Trader. This is the first video I'm watching on my journey to quit my 9-5 and become a serious day trader with actual freedom in their life. I'm sure it will take years and I'll lose plenty along the way, but you've inspired me to pursue an occupation that allows the type of life I want.
Thank you for pouring so much effort and description into these videos. You could absolutely be a professor of economics (stock market specifically) with your knowledge base and relatable content.
Subscribed for life, thanks for everything.

[Tstatex]

if the stock market doesn't make you money, you can always be an artist. that was the best drawing video I've ever seen.

[boogiejonz]

I love the cadence of your speaking. I get a sense of assurance and confidence. Thanks!

[wetradehq]

Penny stocks are easily manipulated especially with low float, this can be advantageous or detrimental to your account. Great video Millennial Stock Trading 🔥

[arcflash]

Always know what you own. Due Diligence cannot be stated enough.

[thezquad]

I'm happy you didn't discourage people from jumping into the market because a 9-5 doesn't seem like it will save most of those in our generation from debts and financial immobility. The stock market is the one vehicle where fantastic incomes are possible if you have the aptitude and discipline and 5/100 people do. It's ok to take risks in life, just be careful and have as much information as possible before taking those risks.

[Octovisuals]

I like penny stocks and you! I mean, they can sometimes make great investments... You just have to know a few things and be patient.

[carolynjoyce]

I don't know who need to hear this, saving money won't make you a millionaire investing will...take out some money and invest, Do it wisely tho

[dansmith]

I Like your explanations. Very straight forward, and don't waste viewers' time. Esp. when you said most investors were lazy. hahaha. that was really funny. I got the point, girl!

[cherrytung]

So much valuable info in one video! THANK YOU!!! 👍👍👍

[chuter]

Newbie here, great vid! I like the way you go into the non technical side of how trading works. I miss your cuteness in the vid, but the drawing and text really work for me. Thanks!

[thestockdork]

This is a great video for everyone who's starting. Love how it was explained.

[ilovecheeseburgers]

This video was so good and so informative. I know it is from 2019, but it was so helpful. You really do an amazing job. It was so detailed. Thank you. This was First Class.

[klevdavful]

this is a great video it's really teaching me how I have to be able to take the risk and stand in the Gap and take the hit better to lose $100 than to lose $1, 000 or $10, 000 or $20, 000 having your money tied up in one single stock

[keithborden]

Great video, I always said scared money doesn't make any money. So I researched and drove in. My money 💰 is not afraid anymore 😱😆😷

[jeriyonka]

I lost big money from penny stocks and left me few hundreds, now I turned that hundreds to thousands just by knowing the reality that buying stocks is gambling and I have to play smarter than the house.
Thanks for the video coz watching your video makes my head stick to reality before the opening of the trading day.