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🚨 Sign up for our FREE Stock Trading Webinar with Andrew, Brendan and Myself Thursday, 4 – 4 – 2024 @ 4pm EST right here: https://teamalphatrading.com/freetradingwebinar

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💸$5k-$100,000 Case Study: Learn how I turned a 5k portfolio to $100,000 in 9 months using the Breakout Trading Strategy + 5 Tips on how to get started using it NOW: https://teamalphatrading.com/teamalphaoverview

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Remember, trading is a whole lot easier when you learn from the best and get hot stocks texted to your phone. This video is free, but I do run a private community that gets you access to me nearly 24/7, my entire penny stock master class, and my text messages m-f with all the best stocks I’m watching + over 10 analysts helping you nearly 24/7 as well. Just click my link to join https://teamalphatrading.com/mikeyoutube

Before we talk about how to trade penny stocks, you have to understand that they are literally one of the riskiest investments out there. Penny stocks are in nature very high risk and do come with the risk of losing all of your money if you don’t manage that risk or your trades properly so it is vital that you take the time to learn how to trade properly BEFORE investing any money.

One way of limiting your risk, especially while you learn and practice is to open a paper portfolio. A paper portfolio is a free and risk free portfolio that allows you to trade real stocks in real time but without using real money. The trades are real, but the gains are fake and the losses are fake. I recommend using webull’s free paper portfolio on their app. This gives you the ability to practice, without risking any money on your beginner mistakes. Like anything else in life, you’re going to be bad when you first start out. Unless you join a program that teaches you everything first. My master class does offer platform tutorials as well, making it easier and less time-consuming to figure out all these different platforms and portfolios. 99% of your mistakes will be made within your first year of trading. Those mistakes will cost you money. Those mistakes will teach you lessons that will make you better and smarter, assuming you learn from them. You can skip those mistakes by taking a class, but one way or another you will end up paying for the knowledge, either in experience or classes.

Foreign exchange, or forex, traders speculate on changing exchange rates by converting large sums of money from currency to currency, much like stock traders buy and sell different stocks. Forex traders essentially attempt to buy low and sell high for a profit, but the asset they are trading is currency. Forex (foreign exchange) trading can be challenging for beginners, but it’s not necessarily easy. Like any form of trading or investment, success in forex trading requires a good understanding of the market, risk management, and a disciplined approach.

Disclaimer: We are not Financial advisers. These videos are for entertainment purposes only. These videos are not meant to substitute a professional of any field. We are not invested into every company we talk about. This Presentation may not be 100% Correct, this is for introductory and unofficial material. You understand, acknowledge and agree that, For informational and teaching purposes only, trades may be called out, posted, or alerted, but not executed. You understand, acknowledge, and agree that the Site contains simulated or hypothetical trading. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. We may receive incentives by clicking our links. Read Alpha Status full disclaimer here: https://1drv.ms/w/s!AgEcA6DFihbCeb2iDSlKxpy7OkI?e=WiGl6q

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