How to Trade Penny Stocks for Beginners (with ZERO experience) $1,000 Small Account Challenge Ep. 7

Рет қаралды 86,017

Күн бұрын

DOWNLOAD MY SMALL ACCOUNT STRATEGY PDF HERE: ➡ warrior.app/2024-small-accoun...
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Warrior Trading // Ross Cameron // Day Trade Warrior

Пікірлер: 201

@DaytradeWarrior 4 ай бұрын

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

@smallcaptrades9457 4 ай бұрын

Thanks for these videos

@KelvinEmma-iu1fi 3 ай бұрын

Penny stocks are actually my favorite

@GabrielKevin-cw8jx 3 ай бұрын

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

@JamesKevin-pc9ui 3 ай бұрын

@@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 3 ай бұрын

@@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 3 ай бұрын

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

@pakjai5532 27 күн бұрын

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.

@abmorose6531 4 ай бұрын

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

@ArcGlowingVision 4 ай бұрын

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.

@TheRealScroogeMcDuck 4 ай бұрын

Professor Cameron, your education is unmatched.

@daddyphatsack1982 4 ай бұрын

Incredibly informative!! Cheers Ross

@yaadasshows 3 ай бұрын

Best training I have watched! Thank you!! 🎉

@johnpeart4270 4 ай бұрын

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

@Abrahamnatour 4 ай бұрын

Thanks for the info I needed this information

@back2you2 4 ай бұрын

One of your best! Thanks.

@treasurehunt7812 4 ай бұрын

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!

@jimmywright5054 4 ай бұрын

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

@povhwmtauyang9932 4 ай бұрын

Thank you Penny stocks are my actually favorite ❤

@wrknathome9254 4 ай бұрын

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!

@frankiestewart8093 4 ай бұрын

This guy never misses.. Great information.

@DmytroMinchenko 2 ай бұрын

Lots of useful information as always! Thank you!

@isamuraij9223 4 ай бұрын

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! -

@DanielDouglas555 Ай бұрын

Thank you for being informative and spreading knowledge.

@Dantesears 21 күн бұрын

This was such an informative video. Thank you!

@greggclaussen 4 ай бұрын

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 4 ай бұрын

He has a book!!!?

@greggclaussen 4 ай бұрын

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

@greggclaussen 4 ай бұрын

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

@MackenziePotts-ho7bv Ай бұрын

Thank you so much for making it do simple ❤

@william6037 4 ай бұрын

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!

@powersonic6255 4 ай бұрын

Thank you - Subscribed .

@mrbrown4746 4 ай бұрын

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

@DanRyan-dt3uq 2 ай бұрын

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?

@annettehurd9391 Ай бұрын

As usual…a great video! ❤

@SuperBigbill2 4 ай бұрын

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.

@Andy-kz9wx 4 ай бұрын

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

@charliemcgrain 4 ай бұрын

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...

@infinitelyllc 4 ай бұрын

Thank you!

@jepthegoat829 4 ай бұрын

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!

@ahmedmazen5179 4 ай бұрын

you 're just awesome!

@lorealdrayton6164 4 ай бұрын

what a treat!

@mervynmontague1811 Ай бұрын

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. 💯

@Winston1585 4 ай бұрын

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!!!!

@johndrop8076 4 ай бұрын

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?

@lindahasbrouck2028 4 ай бұрын

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

@Themarxistinvestor 4 ай бұрын

Can you cover SWN and CHK?

@MrColesy1 4 ай бұрын

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.

@simonmurtagh2590 Ай бұрын

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

@user-oj7rr3jt7x 3 ай бұрын

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

@baturashouse3705 Ай бұрын

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

@Blooming8805 Ай бұрын

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

@DaytradeWarrior Ай бұрын

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

@jasondosmetov100 4 ай бұрын

Awesome

@Dragoblood2525 15 күн бұрын

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?

@robsonrogan4839 4 ай бұрын

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

@zatterzay 2 ай бұрын

That is My Question for Ross as well!

@mush2445 4 ай бұрын

The King Teacher

@vcvStocks 2 ай бұрын

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....

@andrewbaird509 2 ай бұрын

Thanks

@OzkAltBldgCo-bv8tt Ай бұрын

That was cool

@deantibbetts1407 28 күн бұрын

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 27 күн бұрын

This might be what you're looking for: kzfaq.info/get/bejne/n6h-lqmQ0bameZs.html&ab_channel=RossCameron-WarriorTrading

@deantibbetts1407 27 күн бұрын

@@DaytradeWarrior Great, thank you so much!

@tomaga5856 4 ай бұрын

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

@darlameeks 2 ай бұрын

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 Ай бұрын

Same here

@SniperUSMC 4 ай бұрын

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

@topanteon 3 ай бұрын

Reverse stock split? Coooould that be a merge?

@billionboy6468 Ай бұрын

Genius bro

@paulinehadiz879 4 ай бұрын

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 4 ай бұрын

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

@TruthFreedom1776 19 күн бұрын

Please tell me what trading platform are you using?

@SniperUSMC 4 ай бұрын

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.

@StaticX73 4 ай бұрын

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

@TR19 4 ай бұрын

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 4 ай бұрын

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 4 ай бұрын

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

@williamhalling7744 2 ай бұрын

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

@BRVFD01 4 ай бұрын

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?

@ryanmoore5574 4 ай бұрын

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 4 ай бұрын

Ameliacharles0

@jontrades8907 4 ай бұрын

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 4 ай бұрын

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

@ashag210 Ай бұрын

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

@user..Aa..Bb.. 6 күн бұрын

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 5 күн бұрын

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

@user..Aa..Bb.. 5 күн бұрын

@@DaytradeWarrior cheers

@paramountx 4 ай бұрын

Hi Ross!!

@paramountx 4 ай бұрын

Can you put the date you are recording this, because you speak like "yesterday" but if you recorded this last week and then publish it now or whatever... it can confuse

@sportswithfm 4 ай бұрын

thanks which scanner do you use

@DaytradeWarrior 4 ай бұрын

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

@ghosthunter0404 18 күн бұрын

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

@Tjrich-do6sg 11 күн бұрын

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.

@NVOVRA 21 күн бұрын

What do you suggest about $ROYL?

@matthewsuryan394 Ай бұрын

Gwav is the hot topic right now

@jat3939 19 күн бұрын

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

@DiamondPlays-gw9sb 27 күн бұрын

Топовый способ, спасибо!

@connorgilmore2371 4 ай бұрын

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

@DaytradeWarrior 4 ай бұрын

10 second and 1 minute candles.

@Be_wise_happy. 4 ай бұрын

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 😊

@lukestamey874 4 ай бұрын

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

@handsoffsnaky 21 күн бұрын

What chart are you watching? Hourly chart?

@FastSloW-qt8xf 4 ай бұрын

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 3 ай бұрын

dont just let it fall bra 😂

@garouthetiktokinfluencerhu9731 Ай бұрын

What happened in the end?

@Dejan_23Unlimited 4 ай бұрын

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

@whocarewho 4 ай бұрын

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 4 ай бұрын

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

@jasondosmetov100 4 ай бұрын

Where can i get program like yours to trade ?

@ap3885 4 ай бұрын

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

@DaytradeWarrior 4 ай бұрын

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

@johngrey-kt7hp Ай бұрын

What is your thought on $LUCY?

@dj71157 2 ай бұрын

Love the video! Which scanner are you using?

@DaytradeWarrior 2 ай бұрын

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

@TheMohamed1952 Ай бұрын

Out of curiosity .. even though I think you have one of the best genuine KZfaq 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 ..

@richardlaporte2913 4 ай бұрын

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

@ericallen3006 17 күн бұрын

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?

@michellenabz435 2 ай бұрын

what is the scanner and can you tell us what is it?

@DaytradeWarrior 2 ай бұрын

Ross uses Lightspeed for his broker. He also uses Day Trade Dash scanners and charts, which are available to all of our members. You can learn more about them below: Lightspeed: www.warriortrading.com/lightspeed-trading-review/ Day Trade Dash Charts: www.warriortrading.com/charts/ Day Trade Dash Scanners: www.warriortrading.com/scanners/

@briansunday3035 4 ай бұрын

So do u try to catch them after splits and hoe u know when it splits

@ghosthunter0404 18 күн бұрын

In the video he says if they go down to the other type of market below 10 cents he doesn't like how risky they are so when they split there is a small chance they get out of bankruptcy that's why he stays above a 1 dollar stock at all times.

@earthexplorer579 4 ай бұрын

bro when are you going to come live on you tube?

@ghosthunter0404 18 күн бұрын

He seems to be a part of a company that teaches people stocks and has loads of classes and in person training so I don't think he would give away all of that knowledge for free which makes sense if he did he wouldn't have a way to make more money on teaching classes

@piuspatel 16 күн бұрын

It is extremely risky. Small companies are mostly gambling. For example BYRG listed as a Canadian one, as soon as you buy 1000 stocks it’s cost go down to half in a minutes then you wait for months cost will never go up until you sell the stock. They might catch another guy and so on to invest. Stay away from pennies companies.

@jenna_22 4 ай бұрын

How can we download the scanner?

@DaytradeWarrior 4 ай бұрын

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

@jeff346 4 ай бұрын

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 4 ай бұрын

CMEG

@gigibarrett1777 4 ай бұрын

So i thought intuitive machines stock would have really went up since they were the first company to land on the moon🤨! I’m confused why they didn’t? I’m new to this but wouldn’t that news cause a stock to jump🤷‍♀️

@jackoverton8343 4 ай бұрын

Buy the rumor sell the news. Its very common for all the hype to die down. They're day/swing traders not long term investors they want to cash out. It may very well go up more later, but you need to wait all the short term buyers to cash out

@gigibarrett1777 4 ай бұрын

@@jackoverton8343 yes I’ve been learning this more and more actually! Thank you for the advice !it’s much appreciated &needed rightnow!

@dwaynemills7862 4 ай бұрын

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 4 ай бұрын

How much is the data scanner?

@ikeowens4455 4 ай бұрын

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

@Themarxistinvestor 4 ай бұрын

What are these websites?

@DaytradeWarrior 4 ай бұрын

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

@maricicavintila9416 3 ай бұрын

I learn so much then i will replay his jurney in my languege😅

@nevets9811 8 күн бұрын

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

@bondsan 3 ай бұрын

All this info, all these lessons and he does it for free, so poor people who can't afford "lessons" from guys like greg secker, can learn and advance their prospects. Now think of all those people in the developing world, and all the people this guy is helping. Hey Ross, not all heroes wear capes ;)

@Mr.q895 3 ай бұрын

Did you decide the small account challenge wasn't turning enough heads to feed your youtube algorithm or why is there no new content under this playlist?