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
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.