Start Day Trading Penny Stocks in 60 Minutes
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
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
Featured review
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Course content
- Preview18:37
- 08:15Introduction: What Is Day Trading?
- 05:25Trading Psychology
- 06:21Have a Plan
- 04:10What is a Premarket Watchlist?
- 13:18Making a Premarket Watchlist
- 07:17What Patterns Am I Looking to Trade?
- 06:25The Washout
- 03:55The VWAP Dip Buy
- 05:04Checklist
- 15:13Live Trading Part II
- 07:34Final Tips
- 5 questionsCourse Final Quiz
Instructor
- 4.6 Instructor Rating
- 1,204 Reviews
- 10,757 Students
- 4 Courses
Hey guys! My name is Yossof Sharifi (I go by Joseph) and I'm a serial entrepreneur that has started over 50 businesses, a successful stock and options trader, a former trial attorney, business law professor, bestselling author, and efficiency and digital marketing consultant to multi-million dollar corporations.
With help from trading the financial markets, I was able to achieve the American dream and retired before the age of 40.
My passion now is as the founder and CEO of Money Learning Academy, where I teach people how to leave jobs they hate and become financially independent through trading in the financial markets. Once they become consistently profitable trading, I show them how to take their profits and invest them to create a lifestyle of passive income, so they can do what's important in life: spending time with friends and family, traveling, and doing all the things that bring joy and fulfillment to them.
I've found that many cultures around the world require this, but because of rampant corruption and poverty, most people are unable to obtain the education necessary to achieve financial freedom (my one-on-one trading coaching alone can cost upwards of $1000 per hour). I grew up poor, I understand the pain and isolation of poverty, and I don't like the idea that those in most need of financial education can't afford it.
SO...
I'm creating a series of courses here on Udemy for those that wish to change their life and achieve the promise of fulfillment that life has to offer. In our modern society, too much emphasis is placed on "things" and money and not enough on achieving fulfillment. People ask us routinely what type of car we drive, what type of homes we have, how much money we make... but no one ever asks us if we're happy.
This is a tragedy that I hope to help people fix. You don't need a million dollars to live the life of your dreams: you need passive streams of income that allow you to free your time to do what you love.
And I hope I can help you on this journey.
Peace and love,
JS