How To Find Penny Stocks To Day Trade in 2024 & Make Trillions Trading Them

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Before we talk about how to trade penny stocks, you have to understand that they are literally one of the riskiest investments out there. Penny stocks are in nature very high risk and do come with the risk of losing all of your money if you don't manage that risk or your trades properly so it is vital that you take the time to learn how to trade properly BEFORE investing any money.

One way of limiting your risk, especially while you learn and practice is to open a paper portfolio. A paper portfolio is a free and risk free portfolio that allows you to trade real stocks in real time but without using real money.

So what brokerage is the best for a beginner? A broker is simply the company that facilitates the trades. The best broker IS NOT Robinhood! Fuck them! Stop using them immedietly and start using any of the following: TD Ameritrade, Charles Schwab, Fidelity, Moomoo, Webull. I use TD Ameritrade and webull mostly. TD has thee best customer service and helpful videos and allows all penny stocks to be traded. Webull does not allow all penny stocks, but they have super user-friendly charts and I love their paper portfolio. But Fidelity offers free OTC trades. So if you’re sweating a few dollar fee per trade on OTC Penny Stocks, then fidelity will be a good choice for you.

[TeamAlphaTrading]

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[dianajackson]

Dude, I'm not even lying....I learned more in a 7 minute video with you than I have been trying to learn for a month with other videos and Webulls learning platform. Webulls learning platform I don't think is very good at all. Just my opinion. But dude I watched this video at 8:30 my time when the market opened, did exactly what you said and just watched a penny stock soar into oblivion. lol I didn't put money on it, I wanted to soooo bad tho, because I have to call and see what the rules where for buying & selling the penny stock. Thank you so much. I just found your channel and I am very impressed. 🥰

[George_t]

That was a great explanation once again thank you andrew