Hi my friends, today i teach you how to trade penny stocks using a method and a strategy to minimaze the risk! At the end of the article there is a disclaimer to read! thanks and follow me.
How can i start?
First you have to have a broker account and buy the shares to sell them, be sure not to pay too much comissions and above all not be cheated!
there a lot broker account whit CFD and whitout:
- Degiro (no CFD)
- Etoro (CFD)
- Interactive Broker (CFD)
- Plus500 (CFD)
- IQ Option
- Capital.com –>others in the next article
How i found this penny stock?
1-Go to investing.com and observe companies in the scanner that are having more volume this period. Have a scanner which allows me to see the top gainers/losers which you can find on any broker or free on the internet
2-Start whatching the top of the list and select one stock, if for exemple the stock you choose start gain volume while others stock start losing volume, that is the good stock. (sorry for my inglish)
3-Look for a gap in the stock to confirm there is a buying pressure
4-Confirm the price action
5-Put a stop loss for prevenuput a stop loss to prevent large losses!
6-Stay calm and be patient, focus on the trade and don’t do stupid things for exemple revenge trading (buy other stock for earn more money). Don’t be excited!
Two rules to never forget
–you ever never trade withouth stoploss
-you never risk more than a small portion of your account on any one trade.
DISCLAIMER: This is for educational and demonstration purposes only, Not a financial advice, and you should always do your own research on stocks , penny stocks and the stock market, results are not typical, Research brokers to use.