3 Major Risks With Penny Stocks

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  • Опубліковано 23 жов 2023
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  • Розваги

КОМЕНТАРІ • 126

  • @PeterParker-oo1cw
    @PeterParker-oo1cw 7 місяців тому +7

    Don't forget those shifty market makers can change the price while it's halted even though nobody is buying or selling just on "orders" which is just another way for them to rob us😂

  • @istvantorok26
    @istvantorok26 7 місяців тому

    Thank you for sharing your wisdom and your knowledge ! Very highly appreciated !

  • @dannyrodriguez8258
    @dannyrodriguez8258 5 місяців тому

    Love your recaps Ross.your teaching skills are very impressive

  • @mlshulse
    @mlshulse 7 місяців тому

    Thanks so much for explaining penny stocks in detail. You are the best!

  • @MyVoras
    @MyVoras Місяць тому +1

    Your video is very motivating and you are a talented orator and teacher....

  • @kryptonianblack7769
    @kryptonianblack7769 7 місяців тому

    Great information. I believe it will be helpful. Thank you

  • @brians.4403
    @brians.4403 7 місяців тому +1

    Did not realize halts R based on previous days close. That clears up a lot because looking at these 2 stocks created a lot of confusion 4 myself. It was a head scratcher. Not no more. Thanks R, great informative teaching...

  • @xyboon9054
    @xyboon9054 7 місяців тому +1

    So true. I wanted to but couldn't trade the 2 stocks at all due to the halts, which happened like every 5 seconds

  • @BIGCAT-1985
    @BIGCAT-1985 7 місяців тому

    Thank you for the information! You always educate me. Well done! 🎉 ❤

  • @ryanbruce7905
    @ryanbruce7905 7 місяців тому

    Thanks Ross! Honestly of all the UA-cam content I look forward to yours the most. Keep it coming haha!

  • @dustynn.9030
    @dustynn.9030 6 місяців тому

    Thanks Ross, enjoy your day.

  • @TranquiIAbyss
    @TranquiIAbyss 7 місяців тому +4

    I am glad you put this video out. I traded the INVO and made some money on it. But I though the halts had to do with volume, it is nice to learn its the price causing it. Then I lost a bunch on INM today. Luckily for me my investments are still small since I am taking my time learning.

    • @jeff346
      @jeff346 7 місяців тому

      Same here , made some on invo and loss some on inm 😂

  • @michaeltolchard6224
    @michaeltolchard6224 7 місяців тому

    Great educational video for me. Thanks!

  • @JEB..
    @JEB.. 7 місяців тому

    Great info. Thank you.

  • @SteveSam66
    @SteveSam66 7 місяців тому

    Great content! Thanks for posting!

  • @OGJeff685
    @OGJeff685 7 місяців тому +2

    Got in at .71 today.. rode to 80%, dropped out, then jumped back in for another 40% sold, grabbed another 50% or so out of it and quit.. inspired by me watching your video of you trading GME going 150+k in 3 hours last night... (slowly catching up on all your vids) so funny to realize I was trading with/against you in both.

    • @OGJeff685
      @OGJeff685 7 місяців тому

      @Click_photo_GetMyContact.188 Low effort bro. Reported.

    • @GeeTony
      @GeeTony 7 місяців тому

      W❤

  • @mrman1287
    @mrman1287 7 місяців тому

    👍 Thanks Ross!

  • @blblawhoo4338
    @blblawhoo4338 6 місяців тому

    Im giving you a like for this one, you def keep it honestly us traders and investor needs to know or make 2 different accounts

  • @90sPorscheguy
    @90sPorscheguy 7 місяців тому

    Great content dude. Keep up the amazing work!

  • @Robloxisslay6799
    @Robloxisslay6799 Місяць тому

    Ross what d'you think would happen if I did my research, found a good stock that I think would go up but bet against it? Since the majority of do the research, find a good stock, jump I'm and it usually goes down. How are so many of us so unlucky. It's almost like the big fish make it go down till we jump out then they take their profits. Im going to test it. I'm going to do the total opposite of what my impulse is on a volatile stock. I'll let you know how it works out.

  • @janedoe6071
    @janedoe6071 7 місяців тому

    Where do you go to find these stocks ?

  • @haditrades2663
    @haditrades2663 7 місяців тому

    Adding to my to watch list, need to study more and learn!

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому +1

      Thank you! If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in our next day trading class. The class is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/

  • @jeffreygray1030
    @jeffreygray1030 7 місяців тому

    Hey Ross. I watched this video within an hour of you posting, and I can't stop thinking about the info and questioning my watch list. I'm trying to grow my small acct ($1,500) and my watch list settings are $0.10 - $3.00 (0-20M float). I included very cheap penny stocks; trying to buy more shares for a larger % gain. Should I change my watch list perimeters to $.75 - $3.00? I'm so torn on this decision now that I'm not sure what may help me get out of PDT jail faster. Please advise. Thanks for all you do for us.

  • @stelliumX5
    @stelliumX5 7 місяців тому +2

    2:25 This is where I stand.. you get it. Sigh.. grateful for paper trading and all of the veterans who are guiding me. Becoming more confident as I go., especially while I’m figuring it out. I think I’m just excited and want to be successful in anything I spend time with. Thanks Ross..

  • @SuPaF1SH
    @SuPaF1SH 7 місяців тому

    Thank you. Very informative video. Congrats on a solid day of gains, for you lol.

  • @enriquetamarit3925
    @enriquetamarit3925 7 місяців тому +2

    I tried penny stocks for a long time. Unfortunately it didn’t work for me, I found Futures much easier trade and much more affordable if you use a prop firm. There’s also no PDT rule. But that’s just me, Penny Stocks obviously work well for other traders. I want to try it again in the future. Good video as always Ross!

  • @jamesbrad4829
    @jamesbrad4829 7 місяців тому +1

    How do I know what stocks to buy and when? Any information will help I’m new to this

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому

      Ross talks about this and a lot more in his live webinars. If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in our next day trading class. The class is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/

  • @mattjohnson268
    @mattjohnson268 7 місяців тому

    My connection is Ross Cameron and Warrior Trading!

  • @Robloxisslay6799
    @Robloxisslay6799 Місяць тому

    Do you have any videos of you trading live so thst we can watch you do a trade- not reiterating a trade. I can't seem to find a video like that. They say they will but they always cut too. And end up telling us what happened.

  • @stelliumX5
    @stelliumX5 7 місяців тому

    This was so helpful!

  • @stillnessjourney5870
    @stillnessjourney5870 7 місяців тому

    Awesome as usual Ross!❤ I did better yesterday and today. Many many thanks to you brother! One day I will buy you lunch😂.

  • @genice7546
    @genice7546 7 місяців тому +4

    Thanks so much for covering the volatility bands on haulted stocks in this video Ross! I don't know if it had anything to do with my request I made on a previous video a few weeks ago or not, but you helped me understand them perfectly!

    • @RiittaPaskett
      @RiittaPaskett 6 місяців тому

      Yes, it's true!

    • @RiittaPaskett
      @RiittaPaskett 6 місяців тому

      You're unique. The rewards are approaching.

    • @BicorAllaire
      @BicorAllaire 6 місяців тому

      Certainly.

    • @BicorAllaire
      @BicorAllaire 6 місяців тому

      One query: Can you point me to a good AI for trading?

    • @Alphaguyme
      @Alphaguyme 6 місяців тому

      The most effective AI trading tool is known as

  • @vampiremaffia
    @vampiremaffia Місяць тому

    Amazing content, style and candor! Subbed 4 sure. Just started out trading with a modest budget (

  • @thegamerboneless2864
    @thegamerboneless2864 7 місяців тому

    We are out of the Goldilocks period in the market. Volatility in the market is crazy. Traders can’t just buy and watch these days, it’s gonna clear out crappy businesses and crappy traders. 😢

  • @ClownMoney
    @ClownMoney 7 місяців тому +1

    That stock from the morning inm$ was up so much and finish red -16%after hours is crazy penny stocks

  • @idontknowwhatidontknow
    @idontknowwhatidontknow 7 місяців тому

    I think OTLK will be one of These short squeeze, i am watching it for a week now

  • @kaburo8097
    @kaburo8097 7 місяців тому

    Thank you Ross, Great video! Up 500$ today

  • @TheArt0053
    @TheArt0053 7 місяців тому +1

    Really helpful. Love the chart with the halt level example you drew. Great explanation!!

  • @darrenholmes1398
    @darrenholmes1398 7 місяців тому

    Ross, I know this is a little off topic of penny stocks but what is up with the special acquisition stocks? I regularly see them squeezing up and immediately halting on really light volume and huge spreads. Do you avoid stocks like this? Seems impossible to manage risk. Thanks!

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому

      I’ll trade SPACs but yesterday one had a T12 halt so I’m sort of leaving them alone right
      now

    • @darrenholmes1398
      @darrenholmes1398 7 місяців тому

      @DaytradeWarrior I really struggle to even read the charts in any meaningful way with the nonstop halts and the 10% or more spreads scare me. Good to know about the T12, I think keeping them out of my strategy is best. Thanks as always for the wealth of knowledge and the genuine approach to instruction!

  • @danieldengL4R
    @danieldengL4R 7 місяців тому

    Hi Ross,
    I noticed the stocks priced above $5 are often swinging violently in their price actions with huge spreads. Doesn't that make them more risky than penny stocks? And how do you control for such risks? For example, the price can go up to $7.74 & goes back down to $7.25 in a matter of seconds! If you take a position at $7.70 thinking it will go up but then swing down to $7.25 without giving you time to exit, do you panic & exit around $7.25 or do you wait hoping it will come back up to around $7.70?

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому +1

      You are right they can have bigger swings, if I’m a buyer off support I don’t worry as much about that kind of flush

    • @consciouscommander
      @consciouscommander 7 місяців тому

      just so you know you have someone posing as you he replied to my comment above... he's running some scam trying to get $200 paid in crypto to "sign me up" to warrior trading lol anyway look forward to a response from you@@DaytradeWarrior

  • @harryandrades7149
    @harryandrades7149 7 місяців тому

    Thank you Ross, I’m a little bit wiser now👍

  • @ekremylmaz6691
    @ekremylmaz6691 7 місяців тому

    Where do you trade, platform link please

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому

      Lightspeed: www.warriortrading.com/lightspeed-trading-review/

  • @brianlueken7705
    @brianlueken7705 7 місяців тому

    i think it would be awesome to see Ross and Tim Grittani interview each other about the pluses and minuses of penny stocks, in terms of making millions of dollars daytrading. The intensity at that level has to be insane.
    Ross, are you going to be attending Traders For A Cause in November?

    • @EvanEvansE3
      @EvanEvansE3 7 місяців тому +1

      Very different methodologies. Grittani more of a "pennystocking framework" trader (at that time) and Ross more of a HFT scalper.

  • @KC-ex7pr
    @KC-ex7pr 7 місяців тому

    Unfortunately, the new SEC tick size proposal could end up having more stocks trading like those under a $1.

  • @alphaTrader.oo1
    @alphaTrader.oo1 2 місяці тому

    🌟

  • @mikeadaml
    @mikeadaml 7 місяців тому

    Coach

  • @mikenobles1515
    @mikenobles1515 7 місяців тому

    I love it. Literally just taking 10cents is life changing. I love that Ross is willing to share this value on a daily basis to the community.

  • @jesuslopez-ic2nn
    @jesuslopez-ic2nn 7 місяців тому

    Where you finding these stocks

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому +2

      I use stock scanner to find these in real-time www.daytradedash.ai

    • @JosephSAi2HT
      @JosephSAi2HT 7 місяців тому

      If there is anything you want WT for, it’s their scanners! And even that, may be a short sell to oneself for the value WT has in the whole PRO membership provides! The paper trading platform really puts the knowledge in what the scanners provide to real (paper trading “real”) to better incorporate strategic vision. This YT video harnesses the true care they have for their community and those who are thinking of its absolute value.

    • @ee7369
      @ee7369 7 місяців тому

      ​@@DaytradeWarriorI thought you use your own scanner?

  • @Dejan_23Unlimited
    @Dejan_23Unlimited 7 місяців тому

    Cool

  • @financeacademy1608
    @financeacademy1608 7 місяців тому +1

    Nasdaq Pennystocks are diffrent than OTC ones...

  • @idontknowwhatidontknow
    @idontknowwhatidontknow 7 місяців тому

    The background music was so distracting ! Specially when you have a good quality headphone !

  • @ee7369
    @ee7369 7 місяців тому

    PYR?

  • @Tradinwsanjar
    @Tradinwsanjar 7 місяців тому

    Is it just me or the camera keeps glitching?

  • @mpo608
    @mpo608 7 місяців тому

    At that time. Today 15K is pocket change.

  • @MyVoras
    @MyVoras Місяць тому

    You donate to charity....
    Try to invest not as a trader, but as a charity in cancer treatment research and other medical research...
    The feeling is also not bad.😊

  • @tylerlee2612
    @tylerlee2612 7 місяців тому

    are you shadow banned?

  • @infinitelyllc
    @infinitelyllc 7 місяців тому

    🤑💚

  • @ginnipig
    @ginnipig 7 місяців тому

    Can we PLEASE loose the ADHD subtitles at the bottom… I’m going to minimize the screen and just listen because watching it makes me vomit 🤮

    • @DaytradeWarrior
      @DaytradeWarrior  7 місяців тому

      I know but a lot of people watch the first few minutes on mute in the "auto-play" so the subtitles are helpful for them.

  • @550spark
    @550spark 7 місяців тому

    Stocks under $1.00 do NOT halt.
    Repeating:
    Stocks under $1.00 do NOT halt.

  • @consciouscommander
    @consciouscommander 7 місяців тому

    Hey @DaytradeWarrior great video I'm new to trading I'm in Australia and I was considering joining the warrior trading platform I would really appreciate if you could make a video for Australian Viewers that are wanting to day trade on the ASX. I personally would like to be able to find as early as possible ASX companies that are gapping up large percentages. I like your trading style of catching a smidge of a big percentage change although i'm struggling to find where the best place to look for these are. I'm on TWS and i'm flexible to move to another platform as I'm only beginning to learn this platform and its already having some issues.
    Kindest regards,
    Matt (consciouscommander)