Penny stock trading discord
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What is a Pennystock?
Pennystocks has a broad definition and varies from person to person. Some people that only OTC stocks are pennystocks, some say that anything under $5 is a pennystock. At the end of the day, pennystocks all share one thing in common with each other, they have relatively low volume and extremely high volatility. This makes them easy to manipulate and easy to see huge gains or huge losses on without any easy way of selling since they are low volume and generally have a large spread between the bid and ask.
What should I look for in a stocks graph?
More often than not a stock will regularly follow a certain patter. Being able to analyze these patterns are key in making big profits or losing it all. Here is a visual that helped me a lot when I was getting started
What are the market hours (US)?
The pre-market times are from 4:00am to 9:30am EST
Normal trading hours are from 9:30am to 4:00pm EST
After hours are from 4:00pm to 8:00pm EST