First Beginner Stock Trader

Discussion in 'Penny Stocks' started by Nicholas Lee Hammer, Feb 21, 2021.

  1. Nicholas Lee Hammer

    Nicholas Lee Hammer New Member

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    hi my name nick and i am trying to day trade with penny stocks but i dont know how to do it with the stock transfer fees. etrade is 49$ AND WEBULL IS 75$. HOW do i start trading with 100$ without losing most of my money to fees. is robinhood free? please give me some direction i am a lost college student studying finance and i want to be a financial advisor
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Suggestion one - Don’t trade penny stocks.
     
    Onepoint272 likes this.
  3. Nicholas Lee Hammer

    Nicholas Lee Hammer New Member

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    how can i practice trading stock?
     
  4. Nicholas Lee Hammer

    Nicholas Lee Hammer New Member

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    what do i trade 100$ with?
     
  5. T0rm3nted

    T0rm3nted Moderator
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    I would recommend downloading something like ThinkOrSwim and doing the paper trading. Or tradingview has paper trading as well. There’s other sites as well. My recommendation would be to only paper trade the amount that you will be trading with real money. If all you have is $100, practice paper trading with $100.

    Penny stocks are the absolute hardest way to make money in the market.
     
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