What's the best site to trade penny stocks? t. poorfag

>>1713631
>t. poorfag who knows nothing about biz

Dont touch penny stocks, invest in S&P500 companies

>inb4 shillcoin of choice

>>1713648
I just wanted to dip my feet and learn the basics about investing with penny stocks. What are the best sites?

>>1713651
Penny stocks aren't for beginners you fuckwad, they will lose you money even if you're """preacticing"""

If you want to practice, go gambling or do your research


Penny stocks are comprable in no way, shape, or form to actual trading. They operate differently.

Seeing as you came here without figuring that out with google, I say save the money; you clearly aren't meant to invest

>>1713654
Fair enough, thanks.

>>1713655
In all honesty though, just google "basics of investing"

Once you know the difference between
> Stocks
> Treasury Bonds
> Mutual Funds
> Municipal Bonds
> Corporate Bonds

You can pick which one you like.

As for a website to do it:
> Charles Schwab
> Fidelity
Are my two picks, I use Schwab for my brokerage account (Google this term) and I use Fidelity for my Roth IRA and 401k retirement accounts.


If you have questions, I'll answer them since I sounded like such a cunt at first, but please don't ask broad shit like "which one du i pik?!"

>>1713631

Probably the Robinhood app. Everyone here seems pretty happy with it.

>>1713648
Don't listen to this guy. Penny stocks are fun and you can make money. This year I turned $1,000 into $1,350 trading all penny stocks.

BUT you don't put your bankroll in it. With penny stocks only trade money you would be fine with losing. As for your big money he is right do safe stocks or index funds.

>>1713654

I traded penny stocks for my first time trading, this year.

I played: MGT, DRAM, GEVO, PTX, and a couple others.

I made money.

>>1713668
You got lucky then, nothing to be ashamed of.

first off, I should say do not trade in the pennies without substantial research into every single company you think looks interesting or newsworthy, stay away from OTC Markets and try to limit your stock picks to whichever is your native country's stock markets, or if your American, the NASDAQ, AMEX, and OTCBB (which is owned by NASDAQ).

As for brokerages, the biggest names will do, I personally use TD Ameritrade because they're relatively lax on the bullshit and just have a high commission fee upfront, Robinhood doesn't necessarily have access to /all/ the pennymemes you might want to invest in, but it's up to you.

Before you do any kind of trading, I recommend looking into paper trading, which you can do through Investopedia free of charge, or use some other shit, there's a lot of utilities for paper trading.

But before anything else, you need to read everything you can find on the subject and get some degree of experience in the shit before you try anything that empties out your savings in some pump and dump scheme.

>>1713668
>I traded penny stocks
>I made money
I played the lottery this year. I made money.
I think I'll make it a point encourage people to dump $1,000 into playing the lottery. After all, I made money, so can they.

>>1713651
investorshub

>>1713690
Yeah this looks good. Thanks

>>1713631
>Penny stocks are comprable in no way, shape, or form to actual trading. They operate differently.
This guy is correct, so "dipping your feet" with them will not teach you the basics of anything related to the broad market.
But hey, it's your money. The people here have seen this too many times.
>I want to do penny stocks because I don't know much/don't have any money.
>I could get rich though!

>>1713734
it's a shithole full of frauds and everyone is pumping *their* turd

honestly our /rhg/ is a good place for penny picks (because there's obviously more than just you trying to move it = maybe it may move)

>>1713744
pennies require level 2 honestly

mostly to fuck with MMs

File: a.jpg (25KB, 380x436px) Image search: [Google]

25KB, 380x436px

Actually this shit is too confusing, i'm gonna go with plan b and start planning my european diamond heist. Thanks everyone

>>1713746
>pennies require level 2 honestly
What does this have to do with them not behaving like broad market stocks?

>>1713751
It's actually one of the easiest things ever to understand the basics of

Yet another faggot with no money wanting to get rich with no effort

>>1713755
Because it's typically 3 or 4 MMs that you can follow

Some specifically are related to dumping and scammy actions in general, so once you know who you're looking for it's easy to know what is a turd for real or not and especially when to get out if certain niggers start sitting on the ask

>>1713757
I never claimed to want to get rich I was just looking for a little side hobby/income... nothing serious. The heist thing was obviously a joke my friend

>>1713760
Yeah, that's how I feel about Andrews Pitchfork and shorting against the box.
Good luck on your hunt for chum.

>>1713673

I guess, but I followed the consensus of RGT and made money.

Only meme I did follow was CERU cause no one could actually present facts as to why it was a good investment.

>>1713778
a lot of people invested in CERU because of constant CERU MY NIGGA posts, which I don't understand.

>>1713854

Yeah.

I think if there is a lot of talk about a stock AND there are sound reasons why it will go up, then give it a shot.

>>1713778

*did not

>>1713631
You should get >>1713778
CERU is a whale. It always comes up for air eventually. You ride it and pray it comes up before you drown.