How to Trade Penny Stocks for Beginners (with ZERO experience)

[@DaytradeWarrior]

DOWNLOAD MY SMALL ACCOUNT STRATEGY PDF HERE: ➡ warrior.app/2024-small-account-strategy

[@smallcaptrades9457]

Thanks for these videos

[@johnf6687]

Yes a few good ones NUKK and HOLO excellent

[@abmorose6531]

Ross is the “YODA” of Penny Stocks teacher in YT , appreciate all his teachings 🙏

[@nevets9811]

"Back in my day, $16,000 was a lot of money." Apparently I'm still living in the past. lol

[@MisterSmithInc]

Professor Cameron, your education is unmatched.

[@KelvinEmma-iu1fi]

Penny stocks are actually my favorite

[@GabrielKevin-cw8jx]

Penny stocks seems to be controlled; trading prices seems different then buy limit price

[@JamesKevin-pc9ui]

@@GabrielKevin-cw8jx with a big account, you can avoid getting hit with "Pattern Day Trader" rule when day trading. Learnt this from Melisa Aurora Benadivez, met her at a seminar where she was a guest speaker, I had a 300k portfolio and she's doubled it since then.

[@GabrielKevin-cw8jx]

@@JamesKevin-pc9ui Just did quick search on Melisa Aurora Benavidez, I'm more than impressed with her achievements, she's exactly who I need for help since I'm always busy

[@MichaelJames-co4xh]

I'm from Australia and also Melisa Aurora Benavidez is my FA, amazing woman really

[@pakjai5532]

With Penny stocks, you need to get in and get out quick. They tend to be the cryptos of stocks. Do not hold more than a day.

[@mrbrown4746]

I gave up half of my profit this morning on penny stock. I wish I had watch this video. Thanks Ross

[@ArcGlowingVision]

This is the 3rd Small Account Challenge I've watched on The Warrior Trading channel. So much tremendous content covered! Truely a invaluable host. Thank you Ross.

[@TiaEphesians429]

The things I learned today, don't mess with OTC stocks as a beginner, don't mess with sub Penny stocks. Don't trade stocks less than 10 cents. set aside time to focus on the stock progress manually, or if I do not have time for that, do a trailing stop. You cannot use leverage on stocks less than $5. And the market is volatile so don't get started until I learn more 😅😅😅

[@dogstar6822]

At least at the casino, they gave you free drinks😂

[@treasurehunt7812]

Always consistent, Ross. Thank you. Learned so much from you in the past few weeks. Been cramming like it's finals. 12+ hours a day of Ross and other educational material. It's paying off, already. Thank you!

[@Joeblow49]

Penny stocks are actually my favorite

[@isamuraij9223]

First time commenter to your channel been watching for a while now. Just this week started trading with real money. Love your content dude and thank you for the valuable information you provide on this channel. Made an impulsive move on a stock today without thinking. I did not follow strategy and did not set a stop. I lost 10% of my account, gave back all of what I made yesterday, Very frustrating, but only have myself to blame. Reminder to anyone that see's this - STICK TO YOUR STRATEGY! - SET YOUR STOPS! -

[@jeanlephunk]

hey, how you doing 5 months after? is Ross strategy working?

[@johnpeart4270]

Thank you so much for the information with the penny stocks. Have you mentioned in your other videos the name of the scanners you use to find the top 2 to 3 performing stocks

[@mervynmontague1811]

I've been interested in trading Penny Stocks for years, but wouldn't risk it without proper guidance. This is it. You're very good. 💯

[@5150Magic]

I LOVE your new day trading book. To be honest, I really didn't think you would cover so much and have it straight from your heart. It is clearly the best 'mind set' day trading books I have ever read. Thanks for writing it.

[@DC22312]

He has a book!!!?

[@5150Magic]

Actually, yes and it's really good. I don't recommend books in general, mainly because I hate to read, but this one is a page turner for sure.@@DC22312

[@5150Magic]

Yes, and I am serious when I say it's really good. I don't like to read very much but this book was worth me going through it. I am still surprised at what he covered in it. My hats off to him as he didn't have to do this.@@DC22312

[@connieperk8314]

Love this video! Actually teaching about stocks instead of just bragging about how much money you make. Will be subscribing

[@JBCaptures]

Incredibly informative!! Cheers Ross

[@HisLovedOne]

Dear Ross! Thank you so much for your training! I really got frustrated before since "normal" Stocks just were not in reach for me to trade. It is so devastating when you have the training and the tools and just can't get into the arena! Thank you for this way. Now I can! Blessings and please continue educating! Greetings from Vienna, Austria. 🇦🇹 Ulrike

[@robsonrogan4839]

Thanks Ross for your great content. Question: do you find that you are generally making your profits in premarket or during regular trading hours? Many thanks

[@makkreacts]

That is My Question for Ross as well!

[@darlameeks]

I'm brand new to all of this, so I'm listening very intently. The trailing stop order is very attractive to me since I work full time and can't watch the market moment by moment. I'm trying that with some miniscule orders on penny stocks. We'll see what happens when the market opens tomorrow!

[@aharonwsmith]

Same here

[@yaadasshows]

Best training I have watched! Thank you!! 🎉

[@william6037]

Ross, can't thank you enough. One suggestion you might want to consider: I used to do the thing with my glasses until I discovered cable temples...they are glasses arms that gently wrap around your ears, so your glasses stay put--essential for chart reading! Anyway, thanks again and look them up!

[@Andy-kz9wx]

I would much rather see you trade for a full month before resetting the balance, just to see the growth

[@povhwmtauyang9932]

Thank you Penny stocks are my actually favorite ❤

[@TR19]

Been watching your videos for a while now, finally decided to jump in and try. Was up 2500 my first 2 weeks with only 1 losing day but this week i have lost 2250 with every day a loser. Makes it hard to continue since so many losers in a row feels like I have failed but I haven't even lost any of my starting money yet. Will keep watching and trying though.

[@scottgrafton68]

I feel that. I'm new and the days I'm up i really feel like i have it nailed but then a few bad days in a row i want to give up 😑 still up overall but by very little

[@TR19]

@scottgrafton68 We'll be the barely making it gang 🤣🤣🤣

[@williamhalling7744]

Who do ya'll use for a broker or trading system?

[@johndrop8076]

I've never set or used a stop order. I have to learn this. I guess its different for every brokers. Do you have videos on this subject?

[@SuperBigbill2]

Well I knew a little something about penny stocks, many year ago, with what my dad showed me. So I had it in the back of my mind, that if I was to ever get involved with buying and selling shares, these are the ones I would do. But what I have realised, after seeing this tutorial on them, it’s just as risky if I was buying or selling any stocks or shares, just not as costly, so i think it’s best to take any trading, no matter what it is, and how much you are prepared to trade with, no differently. On top of that I did find it just as exciting and it’s something I definitely want to pursue, once I have accumulated enough knowledge, one again, great video ross.

[@Winston1585]

Thanks for another awesome educational video Ross, I honestly don’t know where I’d be without your content. No question I’d still be a boneheaded trader throwing my money at anything that showed signs of a heartbeat. I wanted to ask if you could maybe do a video in the future where you replay one of your trades and really break down the fundamental details. One thing im really interested to learn that I haven’t heard you talk about much is what chart(s) do you mainly use during a trade. I know you have the 4 split charts on screen, but I want to know when you’re in a trade what are you mainly focusing on? I often hear you refer to the 10 second chart so is that what you’re mainly focusing on? Do you use the 1 minute at all? How much of your focus is on level 2 vs the candles? What about time and sales when you’re in a trade? Do you keep your P&L onscreen when you’re trading so you know how much/what percentage you’re up in a trade or is that irrelevant to you? I have to note that I am very familiar with your content having watched 95% of your videos many of them multiple times and I know in some older videos you do go over some of these details, but I know how tactics can change with the market fluctuation and the adjustments in your trading strategy so I’ve been dying to ask you this. Sorry for the long comment, thanks again for all that you do!!!!

[@charliemcgrain]

Excellent video, one of your best. The energy was great as was the clarity. Many thanks. I have what I think is a good question, if you have the time: I notice the moves I want to be on happen right at the open (9.30). I have a scanner set to filter for gaps, but here is the question; we also want high volume, right. But, the volume isn't necessarily registering as very high right at the first candle, at the open, so my regular scanner settings (gaps with high volume) would miss potential runners, right? Or...

[@frankiestewart8093]

This guy never misses.. Great information.

[@Sapphire-FlameMage]

Im not sure i should ask this here.. but well, I dont really know where else to turn. I've watched this twice to try to understand what I can. But.. how would someone with 2$ to their name.. be able to do this? I've been financially screwed over cause I can no longer work and trading seems to be the only real thing I could do to try and even make something. I usually only have 2$ in my account at any given time, so what kind of stuff should I look at using? A pc, or mobile app? What kind of sites/apps should I try using? Sorry if this isn't the proper spot to ask, but well, I need the help. Thanks for your time, and anyone else's who answers

[@TheNazzilla]

ive been following and watching your videos but havent yet settled on an offshore broker. ive got 5,000 to startup with was thinking about cmeg but what is your suggestion Ross? im gonna be doing 1-3 dollar trade range on stocks with around 500 shares each trade. and hoping to do maybe 3 good trades a day

[@Eleanor-cs2ol]

Ameliacharles0

[@xeroxboy01]

I love OTC. Takes a good while finding the right ones but juicy money can be made. I've made good money this year on OTC.

[@Abrahamnatour]

Thanks for the info I needed this information

[@BRVFD01]

Wondering if anyone could clarify something with me, say I start day trading and my broker labels me as a PDT how can I revert my account back to not be labeled as a PDT say if I didnt want to day trade anymore. Could I in the future start day trading again with no issues?

[@SniperUSMC]

I had placed a limit order to buy a stock, as soon as it was filled I placed another order to sell at a certain price, or better, that was 60% higher than my entry. That order executed almost as soon as I hit the "place order" button. The stock never actually hit my sell price in the market that I could see. I went to look at my orders and never saw the order to sell. That's how quickly that order was executed. The stock crashed shortly after I got out with the last order I placed to sell it. I suspect someone wanted to short that stock and placed a sell order at my exit price. So we both won. Tell me your perspective on what you think happened.

[@vcvStocks]

Hi, I am from india and i am following your sessions to get a feel of the US stock market. To be honest yous sessions are one the the best i have seen so far. I have been monitoring lost of indian investors. The dynamics in NSE and BSE which are india stock markets are a little more riggesd or immatired compared to US stock markets. But the fundamentals or trading or investments remain the same. Your tours are cyrstal clear and in the right pace immaterial of the markers.... Keep up the good pace... Thumbs up....

[@belovedjordan189]

It almost seems impossible to profit based on the trade amount, so how do you the investor profit

[@edwardsciacca8012]

correct me if i am wrong Penny Stock loose 90% of the time so to be a winner U must SHORT . YES or NO .

[@hyderdoran2210]

Thank you Ross, what stock screener do you use for stocks under $1?

[@DennisShea-tu7mc]

I love these videos. I have learned more from you than all the other guys combined on here.

[@lindahasbrouck2028]

Hi Ross, If you were to use Hot keys trading these type of penny stocks. What would your offsets be for a limit order?

[@StaticX73]

Where can I watch Episodes 1-6?? BTW I been watching your videos and made $30 today...started small with 50 :)

[@connorgilmore2371]

When you’re looking for entry signals, are you watching 1m, 5m, or 10m candles?

[@DaytradeWarrior]

10 second and 1 minute candles.

[@terrycarter8928]

Very informative? One question, How quickly is that money back in your account and settled? instantly? can you trade again on that same $1000 if you found another good buy? Thanks, you have a new follower

[@DaytradeWarrior]

With a margin account it settles instantly!

[@TheTransTankie]

Can you cover SWN and CHK?

[@ThaivGanv]

Enjoyed your increments of resistance training with penny stocks, I've always figured that 1/100 compared to 1/10 is a huge factor. Finally someone like you agreed with this. Great insight on how penny stocks works, especially when comparing penny stocks vs higher P/S

[@GFMgodfamilymusic]

What's up man thanks for your time and effort! I'm going in!!!

[@KennTollens]

Why not just buy a bunch of penny stocks that have high volume, and just wait. One day, something could shoot way up. Then you can sell it all and make a profit?

[@kenstrek]

Where is a good broker for penny stocks

[@jontrades8907]

Ross would you be so kind to talk about the fees for cmeg with this challenge? How much was it to get in and out and any other fees? Thank you

[@Ulfius1984]

For new accounts, it's $2.95 per execution (up to $12.95) + .0025/share (.0045/share pre and post market)

[@jepthegoat829]

Just finished this amazing video, I was wondering if you could make a video dedicated to talking about the best US brokers for small/large accounts, and maybe even explaining commissions and the PDT rule as well. If you don't want to thats alright but keep up the good work!

[@lorealdrayton6164]

what a treat!

[@finsanityxi140]

I turned $300 into $3,000 in 4 days...lost most of it being overconfident and not watching my positions closely. Doubling down on my knowledge and returning with a full time career in trading in mind.

[@FastSloW-qt8xf]

Im in a swing now that is losing. I'm letting it ride cause it's only like a 300$ investment. But I bought in at 1.03 and it is down to .91. Moving soon slow

[@StillBrokeOff]

dont just let it fall bra 😂

[@garouthetiktokinfluencerhu9731]

What happened in the end?

[@Be_wise_happy.]

Hi Ross😊 I don't understand why you not entry in trade when is going up from the bottom. Why you enter in the market after two pullback, that means you make less profit. Is means that you are afreid to make money??? I know that you say, it is your enter in trade but you not saying why you not enter from the bottom. Thanks in advance for you reply and all the best 😊

[@ezecharles352]

what broker to trade penny stock with ?

[@MrColesy1]

Ross, do you have any videos which talk about how you draw your trend lines please? e.g. which points you connect to, if you connect to candle body's or pins. Thanks in advance.

[@Dragoblood2525]

I Enjoy the info however what program are you using for the penny stocks? Is it the warrior program or a different one and is it possible to trade penny stocks in the virtual warrior program?

[@Andrea-wj6rb]

Which tool do you use as “scanner”?

[@back2you2]

One of your best! Thanks.

[@TruthFreedom1776]

Please tell me what trading platform are you using?

[@Tjrich-do6sg]

Just excellent!! I just discovered this channel on my penny stock trading journey. As far as I'm concerned, Ross hit home with this video.

[@wrknathome9254]

Love your teaching Ross! I just read that story about your friend Ben in your book today! You're an excellent teacher, and I know because I teach for a couple of colleges and universities! I'm learning a great deal from you. Thank you!

[@DeanCyber]

Can u recommend a broker for trading penny stocks in the uk

[@SniperUSMC]

Please explain how, with a small account, you can avoid getting hit with "Pattern Day Trader" rule when day trading?

[@user..Aa..Bb..]

Great vid. Have you ever had a stock that didn't sell, or can you sell any stock without trouble. What happens if demand dies. Are you stuck with a stock . Beginner knowledge needed pls

[@DaytradeWarrior]

Ross does not hold stocks overnight, he only takes trades on setups intra-day.

[@user..Aa..Bb..]

@@DaytradeWarrior cheers

[@DanielDouglas555]

Thank you for being informative and spreading knowledge.

[@guitarrocker2323]

A grade content thank you!! Gotta anticipate the pull back especially on Robinhood it's challenging to set a limit order quickly.

[@ChrisMiller-uf7lj]

Is Robinhood good?

[@handsoffsnaky]

What chart are you watching? Hourly chart?

[@NVOVRA]

What do you suggest about $ROYL?

[@ashag210]

Could you tell me why an assest would go down even though there's more people buying it ? Just from what I've learnt that should be drive price up but doesn't seem to move

[@baturashouse3705]

hi hope you doing great ! what platform to use ? I am located in UK any advice much appreciated

[@ghosthunter0404]

So my wife doesnt work but wants to make money and doesnt like the idea of college do you think this would be a great way for her to stay at home and make money over time and would it be worth enrolling her in your online classes and sessions you have for beginners and such? She doesnt know much about stocks but after doijg things for a bit she catches on very quickly and is a big book worm. Was thinking about signing her up with your most expensive package and starting her off with 1k to trade with and see how she does dont know if in your program if you have a stock market simulator or not that shed be able to practice with first after taking notes and learning under you for awhile

[@tomaga5856]

Do you usually all those elements that we see here on one screen?

[@whocarewho]

Hi ross i just started small acc this feb i am just pass 10k with 3k cuz i only have 2x margins i cant start with just 1k. Now i have 20k margins should i go more aggressive now or stick to 1000share size ?

[@Zvavzvz]

What impresses me about ameliacharles is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure wining trade..thank you Amelia charles for most of us achieved our dreams

[@ericallen3006]

So as far as finding these types of stocks with a scanner we would just input: 50% gain for the day 10 cents to a $1 What else?

[@mush2445]

The King Teacher

[@TheMohamed1952]

Out of curiosity .. even though I think you have one of the best genuine KZbin channels .. when did you make these profits ... what was the time frame .. because between 2008 and 2022 .. if you were sleeping the value of anyone's portfolio would have been 10 times higher .. because of the Fed ..

[@paulinehadiz879]

Hi Ross, Could you please give us the names of a few free scanners to use for paper trading. Maybe if you coukd do a video on it as well. Thanks

[@DaytradeWarrior]

You can check out this free option: www.warriortrading.com/day-trading-watch-list-top-stocks-to-watch/ Please note the data is delayed.

[@Blooming8805]

Thank you for the video, which scanner do you use for your penny stock pls?

[@DaytradeWarrior]

Ross uses the Day Trade Dash Scanners: www.warriortrading.com/scanners/

[@DanRyan-dt3uq]

Hey Ross! I've already seen a couple of your videos. I just subscribed to your channel. Do you have a video on your stock screener settings?

[@asda-fh6jn]

Master please tell me, is it possible only to make money on the opening ?

[@DaytradeWarrior]

Nope we have many traders who trade at 4am est all the way to 8pm est

[@asda-fh6jn]

@@DaytradeWarrior But with different strategy ? or the same as you showed in the video ? Correct me if im wrong the strategy you showed in the video is to get into a position after seeing the stock gets strength in short amount of time, then wait for stock to have a pull back and buy when it breaks above the pullback, is that correct ? Thank you for answering honestly I wasn't even sure you will see that 💚

[@dwaynemills7862]

my only issue with your "beginners guides" is you are using your proprietary pro set up to find the stocks and determine your entries and exits. To trade a $1000 account like you are, we also need to pay for your scanner and a Level 2 data with our broker no?

[@layb6996]

How much is the data scanner?

[@ikeowens4455]

All of it can be made for free he’s just pre packaging and selling off his brand it’s good business

[@KidNamedKuddy]

This was extremely helpful. Thanks for taking your time to explain this stuff

[@topanteon]

Reverse stock split? Coooould that be a merge?

[@cariocajin]

What are the names of the books you have on top of your desk ?

[@jasondosmetov100]

Where can i get program like yours to trade ?

[@ap3885]

Small account he's using DAS Trader with CMEG as the Broker. Other Brokers use DAS.

[@DaytradeWarrior]

You can learn more here: www.warriortrading.com/best-brokers-for-small-accounts/

[@Dejan_23Unlimited]

Hey Ross, Can you share the list of trading books you have on your table, thx

[@yhya3023]

Where Can I find The screener

[@DaytradeWarrior]

Hey the platform is my proprietary software DaytradeDash for Warrior Trading members I trade and live stream every day! you can check it out on the 2 week trial it includes Live stream trading with me, scanner alerts, member chatroom, news alerts and customizable charting ! www.warriortrading.com/pro-preview-trial/

[@dj71157]

Love the video! Which scanner are you using?

[@DaytradeWarrior]

Ross uses the Day Trade Dash Scanners: www.warriortrading.com/scanners/

[@johngrey-kt7hp]

What is your thought on $LUCY?

[@matthewsuryan394]

Gwav is the hot topic right now

[@ahmedmazen5179]

you 're just awesome!

[@jeff346]

Not once did Ross mentioned what broker allows day trading with $1000! If anyone could chim in please tell us what broker is he using

[@Ulfius1984]

CMEG

[@TheTransTankie]

What are these websites?

[@DaytradeWarrior]

You can learn more here: www.warriortrading.com/best-brokers-for-small-accounts/

[@richardlaporte2913]

Ross, you never talk about. You have to wait for good morning to return to your count after you do a play.2 days it is frustrating

[@jat3939]

Good explanation. But four decimal places is ten thousandths, not one hundredths.

[@하이브엘_수지구청역]

Healthcare MNDR is bottom of bottom.

[@cxwest2114]

yet you never mention what platform what website you buy the stock

[@jimmywright5054]

thanks great video great info . always enjoy and learn from them . liked and suscribed