ilmscore | Prediction Details
"I have found that I don't usually make as much money trading these low price stocks and one of the reasons is because these lower price stocks when they trade below a dollar a share they trade down to the one100th of a penny so if you looked at the level two of some of these stocks they could trade something like this 81 cents but the one that's just down to to the penny down to the 1/100th of a penny could be uh 8115 and then it could be by the spread 8116 and so what ends up happening when you have such a tight spread of one/ 100th of a penny typically if you bought a stock like this you would say well let's just say you you wanted to buy1 ,000 shares if you bought a 100,000 shares of this stock typically if it was above a dollar your spread is 1 cent which means you're risking a th000 bucks if if it goes up or down even just a penny but right here down to the 1/100th of a penny you're risking only and this is kind of amazing you're actually only risking boom take away those zeros 1 100th of a penny so 1/100th here equals not $100 of risk but just $10 $10 of risk $10 of risk so you can get in this with huge size but not actually be really in theory risking that much"
By Ross Cameron - Warrior Trading | November 12, 2024 | Pending
From video
Big Momentum with $FOXO +774% and $BTCT +350% 00:00:14 - 00:01:30
Interpreted Prediction
Trading penny stocks below $1 can offer significant leverage due to the 1/100th of a penny spread, reducing the risk on large share quantities to minimal amounts like $10 for 100,000 shares.

Prediction Details

Topic
Penny Stocks Trading Strategy

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