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

[@hakimaissoub9329]

Hi do you plan any trading session in Paris or online? Also which market to you scan for penny stocks? Thank you.

[@16bitWoodCrafting]

Keep up the good work

[@jamelswain5289]

I really appreciate this video!!! What time frame are you using to enter your trades?

[@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

[@euanstirling1866]

You could buy a house with 16000 but you’d also likely earn at least that amount in a year back in the 80s

[@CJ-zh2lo]

@@euanstirling1866 now some people pay 16k a month in rent/mortgage

[@mrbrown4746]

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

[@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.

[@MisterSmithInc]

Professor Cameron, your education is unmatched.

[@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?

[@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.

[@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

[@connieperk8314]

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

[@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.

[@JBCaptures]

Incredibly informative!! Cheers Ross

[@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

[@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. 💯

[@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😂

[@Julls-ds7od]

⁠@@dogstar6822at least at trading you have control over your profit and losses if you actually know how to trade, it’s not just “luck” 😂😂

[@andrewbaird509]

Thanks

[@povhwmtauyang9932]

Thank you Penny stocks are my actually favorite ❤

[@yaadasshows]

Best training I have watched! Thank you!! 🎉

[@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

[@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?

[@cws89]

I find penny stocks easier to manage risk on and stay in longer. 20 cent drop on a stock over a $1 might be a 5 cent drop on a penny due to the larger increments. This helps me slow down and control emotions. I’m able to set tighter stops on pennies and have more time to get in off of support and more time to react if it isn’t working. Just one method but has been working well for me.

[@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

[@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!

[@Abrahamnatour]

Thanks for the info I needed this information

[@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!

[@lorealdrayton6164]

what a treat!

[@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

[@frankiestewart8093]

This guy never misses.. Great information.

[@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!!!!

[@Andy-kz9wx]

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

[@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...

[@DennisShea-tu7mc]

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

[@back2you2]

One of your best! Thanks.

[@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....

[@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.

[@GFMgodfamilymusic]

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

[@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?

[@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!

[@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!

[@guitarrocker2323]

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

[@ahmedmazen5179]

you 're just awesome!

[@ibrahimaisaadan]

I recently sold a property in Texas and am debating whether to invest the proceeds in stocks. Some say the market is in a good place, but I’m unsure if now is the right time. How long might it take for a full recovery? I also wonder how others are achieving $200k+ gains in just months. Any advice would be appreciated!!

[@florianmadison]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@georgestone0123]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000.

[@georgestone0123]

JULIANNE IWERSEN NIEMANN

[@georgestone0123]

THAT'S WHOM I WORK WITH

[@georgestone0123]

LOOK HER UP

[@DanielDouglas555]

Thank you for being informative and spreading knowledge.

[@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!

[@jimmywright5054]

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

[@KidNamedKuddy]

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

[@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

[@AlenaWisotzki]

Thank you.

[@powersonic6255]

Thank you - Subscribed .

[@DmytroMinchenko]

Lots of useful information as always! Thank you!

[@TheTransTankie]

Can you cover SWN and CHK?

[@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.

[@Judith-z1x]

thank you so much. I am a newbie

[@Dantesears]

This was such an informative video. Thank you!

[@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)

[@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?

[@SmackDadyy13]

What ever happened?

[@MackenziePotts-ho7bv]

Thank you so much for making it do simple ❤

[@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

[@hyderdoran2210]

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

[@annettehurd9391]

As usual…a great video! ❤

[@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.

[@deantibbetts1407]

Thanks for the video. awesome information. It appears that this is the 7th episode in the series per the title. I can find a couple of the previous ones but where is the full list of the previous 6 videos? Thanks!

[@DaytradeWarrior]

This might be what you're looking for: kzbin.info/www/bejne/n3OxlHmVobV1f8k&ab_channel=RossCameron-WarriorTrading

[@deantibbetts1407]

@@DaytradeWarrior Great, thank you so much!

[@infinitelyllc]

Thank you!

[@StaticX73]

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

[@simonmurtagh2590]

Great content. I'd love a sample of your bot

[@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!

[@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/

[@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.

[@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?

[@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 😊

[@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 ..

[@neilelman6183]

Small note or question , that if you are a beginner trader with a $1000 cash account (allowing day trading otherwise you need a min of $25k) then if you are stopped out on that one trade - you have to wait for that trade to settle 1-3 days Biz days depending on brokerage before your next trade. Do I have this right?

[@IS캐롬클럽_가성비당구]

Healthcare MNDR is bottom of bottom.

[@jat3939]

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

[@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?

[@Aloha0088]

does this inversely mean that when a stock crosses the $1 mark it is likely to not go back below $1?

[@bmatichuk]

Great info. please take out the background music. super distracting.

[@ever-flourish5788]

Hello what app can i use to scan for the penny stocks

[@matthewsuryan394]

Gwav is the hot topic right now

[@RichJames-n4k]

Also trailing stops are no good if the stock goes down and then up higher again

[@DaytradeWarrior]

Thanks for watching!

[@mush2445]

The King Teacher

[@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

[@connorgilmore2371]

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

[@DaytradeWarrior]

10 second and 1 minute candles.

[@baturashouse3705]

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

[@sportswithfm]

thanks which scanner do you use

[@DaytradeWarrior]

You can check them out here: www.warriortrading.com/scanners/

[@Ranjodhbir]

Please tell me what app i should download for penny stock i never done this so please help me because there are many apps

[@dj71157]

Love the video! Which scanner are you using?

[@DaytradeWarrior]

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

[@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.

[@billionboy111]

Genius bro

[@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?

[@TruthFreedom1776]

Please tell me what trading platform are you using?

[@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

[@smithmartin8545]

Because without necessary research, most of those investments will decline in value until the company is eventually delisted. Due diligence is necessary to distinguish between good and bad opportunities.

[@NVOVRA]

What do you suggest about $ROYL?

[@lukestamey874]

I've been trading for a month are so and trade while I'm at school but I always miss the jumps because I can't trade until 11 am I see all the big moves at market open

[@christinapriest5537]

So.. I need a website or some way to find penny stocks. That's the trouble I have run into, is how to locate them.

[@DaytradeWarrior]

Hey ! My scanners do scan for penny plays as well we have a bunch of members that trade penny stocks 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/

[@SniperUSMC]

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

[@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/

[@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

[@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.

[@kellyr.1817]

What stocks did you do?