How to Trade Penny Stocks | Trading Terminology

Read more about Penny Stocks in the blog post: https://www.warriortrading.com/how-to-make-living-trading-penny-stocks/ Join our Free Day Trading Chat Room here: https://www.warriortrading.com/free-day-trading-chat-room/ Disclaimer: https://www.warriortrading.com/disclaimer /// See our Live Streaming Channel on TickerTV here: https://ticker.tv/daytradewarrior/ I teach Day Trading Strategies for Beginner Traders.  I focus on Momentum Trading Strategies including Gap and GO! and Trend Finding Strategies.  All of our classes are available for immediate streaming at https://www.WarriorTrading.com. // Helpful Links Day Trading Chat Room: https://www.warriortrading.com/day-trading-chat-room/ Premium Trading Courses: https://www.warriortrading.com/trading-courses/ Momentum Trading Strategy: https://www.warriortrading.com/momentum-day-trading-strategy/ Reversal Trading Strategy: https://www.warriortrading.com/reversal-trading-strategy/ Contact Info: https://www.warriortrading.com/contact/ Twitter: @daytradewarrior @swingwarrior “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime”…   // Learn How to Day Trade and Learn How to Swing Trading As Day Traders and Swing Traders our mission is simple. We are looking for stocks that we expect will move in a predictable direction. We want to take a position with a predefined stop level and profit target. Sounds easy right? In a lot of ways it is. But there are literally thousands of different strategies for trading the market. Every trader has a unique approach to trading. Our goal is to teach you our strategies. I have developed a series of profitable trading strategies for beginners. Our Trading Courses focus on the most fundamental aspects of a successful trade. // Chart Patterns After you understand risk management and proper stock selection, we teach you how to find stock patterns on charts. These patterns are how we base our risk and reward. We look for chart patterns that have well defined areas of support and resistance. We will use previous support levels as our stop price, or our risk, and we look at previous resistance areas as our initial profit target, or our reward. If the profit vs loss ratio is 2:1 we will take the trade. I teach both day trading strategies and swing trading strategies. For day trading we focus primarily on 5min charts while swing traders focus more on daily charts. The patterns in general are the same. I teach traders how to find patterns in real-time including Bull Flags, Bear Flags, Flat Tops, Flat Bottoms, and Rubber Band Reversal Setups. For more info see http://warriortrading.com/momentum-day-trading-strategy/ // Trading Strategies Learning risk management, proper stock selection, and chart patterns is important, but those alone don’t create a trading strategy. A trading strategy requires details on the time of day you take these trades, what type of stocks you like to trade, what percentage to success you expect. All our students are required to papertrade and prove to me that they can trade on a percentage of success that is high enough to justify real trading. If you can’t make money in a demo account, you have no business trading a real account. We have saved students hundreds of thousands of dollars by encouraging paper trading while they are learning. The market will be here for a long time to come. The important thing for you right now is to build up the skills to trade the market successfully. You will learn that once you possess the skills to consistently make $20.00/day all it takes to make $200 is larger share size. Then all it takes to make $2000 is again, larger share size. The hardest part is being consistently green just $20/day. So that is our initial target for all of our students. Profitable trading 4/5 days per week for at least 3 months. Join our Free Day Trading Chat Room here: https://www.warriortrading.com/free-day-trading-chat-room/

Comments

1. Penny stocks are considered to be under $5 per share to be correct
2. Great guide. ill start trading in a couple of months after i save enough money and learn more about trading. I swear ima put my brother through college and help my parents out. Thank you
3. Great guide. Thanks
4. Is it good idea to invest in marijuana stocks ?
5. thanks
6. Hey buddy thank you! This is good stuff
7. very educational thank you Ross
8. How do you find companies to consider buying? Everywhere I look, there's companies with crappy fundamentals and biased media news.
9. Awesome video. Thank you so much for taking the time to explain this topic. Its one I am interested in. Please continue to post video's on trading stocks in this price range. You got another Sub..
10. I'm want to start trading forex and penny stocks. I have watched a few of your videos but still incredibly confused on where to start...a few of the beginner vids were still another language..do you have any training videos for complete fresh start beginners?
11. Hi dear...I'm totally new to this.. please tell me how you got that scanner screen ( and what it is) to appear simultaneously on the same screen. Please explain in layman terms...such a novice I am. lol thanks
12. What website did you use to start trading?
13. I am not one of your students but I admire you mentorship. you are gr8.
14. at one time apple traded at 50¢ share plenty said wasn't a good company
15. Great video. You're a good teacher. Thanks for the post. 👍🏻
16. Grateful for your information. Thank you.
17. how can i be apart of your classes? i wanna start but i have no idea what im about to get involved with. plz reply!!!!
18. i heard thereis a trading limit, per day if your account has less than $25000
19. i have a account with etrade how much do to need to get started
20. how much capital is needed just for $20 a day? $500 $1000?