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Start Day Trading Penny Stocks in 60 Minutes
Rating: 4.4 out of 5(813 ratings)
4,354 students

Start Day Trading Penny Stocks in 60 Minutes

I'll show you day trading techniques for penny stocks, how to limit your risk, and how to find the right stocks to trade
Created byYossof Sharifi
Last updated 12/2018
English

What you'll learn

  • The four top penny stock chart patterns to trade
  • How to find the best penny stocks every day to trade
  • How to minimize risk and maximize profits
  • You'll learn the psychological requirements to be a profitable day trader
  • You'll be ready after the course to dive into a trading simulator and begin practicing day trading penny stocks

Course content

2 sections16 lectures2h 9m total length
  • Live Trading Introduction18:37

    I open the course with a morning of live trading to give you a feel of what a day trader really does.

  • Introduction: What Is Day Trading?8:15
  • Trading Psychology5:25
  • Have a Plan6:21
  • What is a Premarket Watchlist?4:10
  • Making a Premarket Watchlist13:18
  • What Patterns Am I Looking to Trade?7:17
  • The Washout6:25
  • The VWAP Dip Buy3:55
  • Checklist5:04
  • Live Trading Part II15:13
  • Final Tips7:34
  • Course Final Quiz

Requirements

  • Basic knowledge of how to use a trading platform, such as E*trade or TDAmeritrade, would be helpful

Description

If you want to become rich quickly in the stock market, the only way is the expert use of day trading penny stocks.

Most financial experts tell you that you can't become rich day trading penny stocks. Well, that's true.

If you use stocks the way they use stocks.

The way most of the investing public use stocks is the "buy and hold" method of long-term investing. You buy a stock, don't monitor it, and hope it goes up in the next 5 or 10 years. That is NOT what penny stocks are for, and no knowledgeable day trader of penny stocks holds these instruments overnight for even one night.

Penny stocks are the most volatile instruments in all of finance. It's not unheard of for a low-float penny stock to rise over 1000% in a day, and then crash back down to the previous price the next day.

In this course, I'll show you the techniques and strategies I have used to successfully day trade penny stocks for over a decade. You'll learn:

  • How to find the best penny stocks to trade every day

  • What chart patterns you're looking for to get the highest probability of a successful trade

  • Where to set your stop-losses

  • How to minimize your risk

  • The 5 rules of day trading penny stocks that every successful day trader follows

You'll also see me trade penny stocks live during market hours to get a sense of what your trading will look like when you've put in the requisite dedication, time, and study, to successfully trade these both highly dangerous, and highly lucrative instruments.

Who this course is for:

  • Anyone that wants to learn how penny stocks actually work from a real trader that made his living trading
  • Anyone interested in changing careers and becoming a full-time day trader
  • Any swing traders or investors that wish to learn more about day trading penny stocks
  • Anyone interested in the mechanics of how day trading works
  • Anyone looking to develop supplemental income through part-time trading