One of my early introductions to the stock market was when a friend in high school made tens of thousands of dollars day trading penny stocks over summer break. I decided to open my own account but I was trading stocks like CAT, IBM, and AAPL.

Buying ‘cheap’ stocks is an expensive mistake - MarketWatch

I was investing in the wrong stocks for big percentage growth. Many people would consider becoming a millionaire by day trading Penny Stocks to be the ultimate rags to riches story. By trading the cheapest stocks on the market you can invest small amounts of money and see huge returns. But how hard is to make a living day trading penny stocks? The allure of quick returns draws the crowds into the penny stock market, where many end up losing their shirts.

The rest are giving their money away to better traders. After about 18 months of trial and error, I realized that there are a handful of stocks everyday that make big moves. The trick is learning to find those stocks BEFORE they make the big move.

This is especially true for small companies in the Biotech, Internet, and Fintech sectors. Anyone investing in these types of securities has to be prepared for the possibility of a total loss. In my experience penny stocks are so volatile, unpredictable, and subject to market manipulation, that being an investor is nearly impossible.

You need to have a short term outlook in order to survive, and you need to be one of the first traders to get in and the first traders to get out with profit. For this reason, shorting penny stocks expecting the companies will go bankrupt is extremely risky.

This means I follow a few very specific rules about how to pick stocks and how to trade them. Day Trading Penny Stocks at this point is like riding a bike for me.

The reason working with beginner traders is so much fun is because I remember what it was like to be a beginner trader. Many beginner traders start their trading journey with penny stocks. As a result, they are more popular among traders and are often considered safer vehicles for trading and investing. If you want to learn more about the trading strategies I use everyday, check out our Day Trading Courses.

You can watch me trading everyday in our Day Trading Chat Room. I tried trading penny stocks on my own but failed miserably. Warrior Trading has helped me grow as a trader and I am much more confident in how I plan my day. Signed up yesterday for their Warrior Pro class. Really excited to get started on the material and learn from these guys. Been doing a lot of research on trading penny stocks and these guys look like they have the tools and resources to really help me out.

Been following you for a while now on YouTube and Twitter and really like your material and the way you educate. Thanks for the write up Ross!

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You always provide great information and you have truly improved my trading with your great insight and exceptional patience! Went to the free chat today and it was pretty awesome.

Penny Stocks to Watch for June (CYTR) | Investopedia

Guys are really professional and the room is well run. Gonna sign up for sure! Been following you for a while now and am really impressed with how well you have been trading. Keep up the good work! How does eSignal compare to TC? Looks like you use eSignal but was just wondering because TC is cheaper. You have been a great source of inspiration to me and have kept me going.

Been trading full time for almost two years and have finally started to find an edge thanks your training and the Warrior Trading community. Does anyone know what broker Ross uses or recommends? Looking to start with their Warrior Pro course soon and wanted to get an account set up.

He also uses eSignal for his charting. Been following you on YouTube throughout this challenge, quite impressive. When will you guys be having another webinar?

Where can i read up to find this information? Looks like you started with great returns. You have taught me so much and really appreciate everything you have done for trader education!

How can I get involved with Warrior Trading? I am currently trading penny stocks. Attempted 4 years ago when i was 22 and lost my 18k down to dollars until i finally started to wise up. This year so far turned that dollars into 39k. Your email address will not be published.

Our Mission is to help 50, traders on their journey to success over the next three years. Become our next student today! If you really want to learn from the pros, I can say from experience that Warrior Trading offers top notch training from very skilled, highly disciplined and successful instructors. I promise you there isn't a chat room out there that has this level of experienced traders interacting daily to help one another out , you just can't beat it.

For people that are serious about their trading, Warrior Trading is the place to be. I'm a Veteran trader Finance Degree from OSU and always still learning books audible and purchased Warrior Trading Program so much new and useful information that I bought monthly chat to watch them apply principles they teach and to get some new fresh Ideas. I have been trading off and on for over 15 years and full time for the past year and a half.

The transparency of Warrior Trading is one aspect that attracted me to them. They show you it all. They show you their losses as well as their gains. They are about showing you how to make a profit from the markets. Trading is hard, but warrior trading makes it easier. They keep a consistently friendly atmosphere, which you will find that after trading for a few years, you will appreciate.

Traders like consistency, and when you log on to Warrior Trading you can expect the same service as the day before. There are no surprises. These things are valuable.

They quietly establish an edge, make their money, and leave until the next day. Ross and his team are good guys, and if you were to subscribe to all the different services out there and compare them for 3 months, you would see WT at the top of the list.

I've always been passionate about trading but never really imagined this passion would have turned in a real, full-time job. In fact, I've never found any service which I really felt that would help me become a professional trader. That is, until I met Warrior Trading.

In particular, Ross has been really inspirational while I'm on my path to become a full-time day trader. I always wanted to trade stocks but I saw all those numbers go up and down and I would always say to myself " I'm never going to get this".

I looked at the free Youtube videos and I was hooked. It was the best investment i ever made. Now I know how to day trade and the scare part about it is gone, I mean, I listened to them and paid for their paper trade and now i feel confident on what I'm doing with stocks.

I really mean this, I took time to write this because I really feel it in my heart that you guys are helping me accomplish my dream and that is to be a daytrader I learn so many ways to help me save money and make money. Ross helps you understand how the losses happen, the psychology behind it and how to prevent it! I feel a lot more comfortable trading, because now I understand what stocks to pick, when to get in and out and how to manage my risk!!

Warrior Trading may express or utilize testimonials or descriptions of past performance, but such items are not indicative of future results or performance, or any representation, warranty or guaranty that any result will be obtained by you. These results and performances are NOT TYPICAL , and you should not expect to achieve the same or similar results or performance. Your results may differ materially from those expressed or utilized by Warrior Trading due to a number of factors. Mission Chat Room Courses Results Top 10 Show Inner Circle LOGIN REGISTER.

Beginners Guide to Trading Penny Stocks Many people would consider becoming a millionaire by day trading Penny Stocks to be the ultimate rags to riches story.

Really happy with the quality of the information you provide, keep it up! Sam March 22, at 8: Michael March 23, at 8: Tony T March 24, at 8: Jimmy Gonzales March 27, at Sam March 29, at 8: Jackie March 31, at 8: Zack April 3, at 8: Jackie Z April 4, at 7: Eddie M April 5, at 7: Michael H April 6, at 7: Andrew K April 7, at 7: Nick D April 10, at 8: Dylan P April 11, at 8: Darrell April 17, at 8: Been a true inspiration to newbies like myself.

Ahmad April 27, at You the man and a true inspiration to use newbies! Evan May 1, at Harper May 10, at 8: Hector May 24, at 8: Ranganathan June 8, at 4: Commission carged for penny stocks? June 17, at 3: Leave a Reply Cancel Your email address will not be published. Mission Creating 50, Freedom Traders Over the Next 3 Years.

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Jeff Nelson Dallas, United States. Thomas Tovland United Kingdom. Excellent trading education even for Advanced Traders with experience. Brian Levandusky United States. Alan McRae United States. Roberto B United States. The courses are a must for whoever would like to make day trading a career. Moe Al khalili United States. Join our free chat room.