PENNY STOCK TRADING STRATEGIES

Free online penny stock trading strategies courses teaching you how to trade low float to high float penny stocks between $0.30-$10. Beginners and advanced training classes break down liquidity and its importance when trading penny stocks, scanning and filtering for setups, charting, technical analysis, entering and exiting trades, and so much more. Easy to learn and get started. Register for free below to gain access to our penny stocks course as well as our other trading courses.

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Penny Stock Trading Strategies Course

We are not a pump and dump community. We are a community of traders that teaches the right ways on how to trade penny stocks. Our community also has a penny stock trading room that teaches you how to trade pennies.

Register for a free membership below to gain access to all of our courses.

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  • Learn How to Trade Penny Stocks
  • Find Out Necessary Chart Mastery Skills
  • Know Where to Buy and When to Sell
  • Avoiding Getting Trapped by “Pumpers”
  • Penny Stocks Trade Room Available
  • Learn to Trade Real-Time

Penny Stock Trading Strategies Course: Learn How to Trade Penny Stocks

Our free penny stock trading strategies course goes in depth with how to trade small cap stocks. This sector is very volatile and it’s very hard to know how to trade these stocks if you don’t know how to trade them safely.

This course is going to teach you how to trade penny stocks the right way. We do our best to really simplify how to trade small caps in our course, while providing you with proper risk management strategies.

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Penny Stock Trading Strategies

How to Trade Penny Stocks

  • #1 controlling your emotions while trading is more important than the technicals, even though technicals are very important
  • Have a good penny stock scanner like Trade Ideas or Benzinga
  • Scan for stocks holding HOD aftermarket and build a watch list of 3-5 stocks that are looking to break out on daily charts
  • Scan the premarket the following morning for any penny stocks that have a news catalyst using Trade Ideas
  • Check your watch list from the night before and see if there is any pre-market volume and if the setups are there
  • Narrow down your watch list to a handful of small cap stocks looking to break premarket highs at open
  • Watch for momentum and volume at open and look for bull flags and ascending triangles as they are both popular patterns for penny stocks
  • Have support and resistance mapped out before you trade
  • Practice scalping breakouts in a paper account until you’re ready to trade with real money

Trade Room

Our community also has live day trading room where you can come and join us each day and watch us live stream. We like to think of ourselves as the pay it forward trading community within the stock market. Come and join us, ask questions, and make yourself at home.

We are all about helping our community members learn day trading penny stocks the proper ways. We are not a pump and dump community, we are teachers that are all about helping our community members to become profitable and safe traders. Each day, we teach live how to trade the markets. Check out our live trading room.

OTC Stocks

Penny stock trading strategies are important when you begin trading in this sector. Penny stocks usually trade outside of the major market exchanges. These small cap stocks are priced under a dollar.Typically penny stocks are seen as high risk. Since penny stocks are usually small companies, they have fewer filing and regulatory standards. This causes a lack of liquidity and large bid-ask spreads. (Make sure to check out ThinkorSwims penny stocks app).

Penny stocks are usually known as OTC (over the counter) or pink sheet stocks. Pink sheets are a compiled daily with the bid ask spreads. Pink sheets aren’t required to file with the SEC. Because these stocks are risky, making sure you have good penny stock trading strategies is paramount. The attraction of penny stocks is the fact that they don’t cost a lot. They also promise big profits. 

Who wouldn’t want to spend only a little to make a lot? It sounds too good to be true right? Usually it is. There is money to be made. But there’s also money to be lost. Typically losing means losing big.

Scammers run the penny stock game. That’s why you need to be careful. Plan out your strategy and stick to it. Use a penny stocks app like Robinhood to practice.

When you want to invest in the stock market with little money penny stocks are attractive. Buying stocks like amazon, apple or google can seem out of reach. For example, you see a stock that’s $0.30 so you want to make a little money. You buy 10,000 shares and spend $3,000. It gets to $1. You’ve just made $7,000. Day trading penny stocks can be very lucrative if done right. Pot stocks are a very profitable sector to trade when the momentum is running.

Trading Apps

What’s the best penny stock trading app if you’re looking to day trade penny stocks from your phone? ThinkorSwim, Robinhood, Webull, and IBKR are good penny stock trading apps.

We’d like to caution you before using a pennystock trading app because this sector is very volatile, so if you do use them then make sure you have proper risk management strategies set up. If you don’t know what that is…it’s time to study more. If you want to learn more about the best companies for all types of trading then make sure to check out our tools page above to see our company reviews.

Penny Stock Trading Strategies Course

Can You Make Money in Penny Stocks?

Can you make money in penny stocks? Yes, you can make a lot of money but you can also lose a lot of money if you aren’t careful. It’s important to manage your risk when trading them and be aware of stock pumpers.

We’re not stock pumpers in the Bullish Bears community. We teach you how to trade penny stock trading strategies the right way. We show real-time support and resistance levels, do coaching and mentoring, and we don’t encourage followers to follow us into low float trades. 

Trade Alert Subscription

How Much Money Do You Need to Start Trading Penny Stocks?

How much money do you need to start trading penny stocks. Ideally you’ll want to have at least $5,000-$10,000 if you are looking to swing trade penny stocks. If you are looking to day trade them then you need at least $25,000 in your account or else you’ll be hit with the pdt rule. Using an offshore broker like UstockTrade or CMEG will help you avoid being a pattern day trader.

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How Do Beginners Buy Penny Stocks?

  1. Open a brokerage account
  2. SpeedTrader, LightSpeed, TradeStation are best
  3. Take a day trading course
  4. Use hot keys to get in and out of trades quickly
  5. Learn how to short penny stocks on bearish days
  6. Use a good stock scanner to hunt for moving stocks
  7. Build a watch list in premarket
  8. Map out support and resistance levels
  9. Look to take trade on momentum breakouts

You need a lot of volume when you’re trading. Stick to penny stocks that trade at least 100,000 shares a day. Ideally, 300,000+. If you’re trading stocks with low volume it could be difficult to get out.

When you’re trading with high volume, the stock will be volatile. Volatile up or down. That’s exactly what you want, movement and price action. The volatility is going to push the price. Price can move pretty quickly and emotions will often flood in.

So, make sure you don’t hold for a long time. Get your gains and get out. Use mental stop losses. Penny stocks are moving quickly and a stop can be triggered in a second then bounce back even higher. 

Since penny stock trading tends to have large bid ask spreads as the volatility increases there’s a higher risk of losing money. Mental stops take more concentration. You’re not relying on that hard stop loss you’ve use in larger cap stocks. Hence the need for penny stock trading strategies that work. Take our free online trading for beginners to keep working on your skills.

Penny Stocks Trading Strategies

Learn to Trade Penny Stocks

Get Started

In this free penny stock trading strategies course, you’re going to learn how to trade penny stocks successfully while using proper risk management techniques to protect your brokerage account.

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Controlling Your Emotions

You can use all the penny stock trading strategies in the trading world but if greed gets a hold of you it’s over. You’ll lose your gains faster than you can say support and resistance.

You’re trading the momentum and that changes quickly, and you need to be prepared. In this case you never go broke taking your profit. We go in depth on how to trade small cap stocks in our course below.

If you want to learn more about penny stock trading and watch us teach how to trade them live then make sure to join our community!

Learning how to control your emotions is one of the most important aspects to trading. Anyone can learn the technicals if they study enough but learning how to control your emotions is one of the toughest aspects to trading. We are emotional people and the emotions of fear and greed are the downfall of most traders.

They want to get rich quick and be in on the action and this is what messes up their trading decisions. It takes a lot of time to learn how to control your emotions when trading and that’s why we recommend paper trading for months first before trading with real money.

Make a few hundred paper trades first and then slowly scale your way up trading with real money. If you’re not able to trade profitably in a paper trading account first then it’s going to be very hard to make money in your real brokerage account because the emotions will really mess with your head. Check out our trade alerts.

Take Your Time

Learning how to trade penny stocks takes time. Do not try to rush the process. That’s where most new traders fail. They are so busy trying to make money so quickly when they haven’t learned the fundamentals first. Make sure to check out Robinhood’s penny stocks app. It’s good to practice on but doesn’t have the best penny stock availability. 

Most new traders join a trading company and then they jump right into the first trade that the guru enters into. What they don’t realize is that they will always be late to the game day trading penny stocks this way because the trading guru got the first entry.

After they’ve filled their position, many of their followers rush in and then pump up the stock. The guru then sells their position for a quick scalp, and many of the times their followers are left bag holding the gurus shares because they bought at the top.

This is the unfortunate reality of the penny stock trading world and one that we teach our members how to avoid. Again, you won’t see us pumping and dumping whatsoever in our community. We teach you how to trade small cap stocks the right way. The safe and profitable ways for trading penny stocks.