I see lot of comments, "Clay trader shorted this and that, causing the price to drop" on ihub and other forum sites quite often. When I just started to trade about a year ago, I didn't know any better and I really believed what others were saying about you. People need to be educated. Not just relying on forums. I think your chart technical analysis is awesome and helpful. I really appreciate your TH-cam uploads! Keep up awesome work and inspire others!
Thanks for the feedback. Good for you for admitting to yourself that you were just being ignorant at first, which allowed you to learn. It's sad how many people refuse to learn and choose to simply keep their head buried in the sand.
Eugene Hernandez When shorting a stock, you're borrowing someone else's shares and selling them at the current market value. If the stocks go down in value, you rebuy at the lower price and return the shares. The difference is your profit. If the stocks go up in value, you rebuy at the HIGHER price and the difference is your loss. This is why you're required to have the extra amount before you short... to cover any potential losses when you have to buy the stock back. In theory, a stock's growth is unlimited while it's drop in value can only go to $0. So if you anticipate a stock to go from $0.01 to $0.001, you'll make $0.099 a share when you go to sell them back. But if you're wrong and that stock goes from $0.01 to $1.00, you're on the hook for $0.99 a share! So if you shorted 1,000 shares at $0.01/ share ($10 total) and the price rise to $1/ share, you'd have to buy them back for a total cost of $1,000. That's a 9900% loss! And no, I didn't forget the decimal point!
Hi Clay. Could you make a guide about the most common scams and tricks in the industry? What I've heard of are cfds mirrors, chop stocks, pumps and dumps, ghost companies and wiping out tight stops. I'm pretty sure there's plenty of others scams and tricks. Could really help the community having info about all these stuff
If I actually had the ability to manipulate a stock on my own, I'd feel honored that I had that much influence and I'd do it all the time and never feel bad about it!
@@claytrader still havent answer any of my questions , why sell courses that cost over $2000 just like everyone else ... you make money selling courses then working
I didn't know about the 250 rule, I know I have tried to short CTRM and Webull wouldn't let me! A lot of them tell me they are a "hard to borrow security" and they do not support stop loss/ take profit for this security!
Great Video! I try to stay away from penny stocks, It is way too risky to play around in the high Volatility environment. That being said, today I got out of HUSA with a gain of around 2k. Sometimes you can't help it haha.
Clay.... I had NO clue about this until I happened across this video. Thanks! Going to read up on the 2.50 rule now. I just setup my margin account and am looking forward making money both ways now.
Is Robin Hood good for penny stocking? I want to try it since it doesn't really cost much... I just wanna experience what trading is like. I learn things quicker by doing it. I'll still be doing research though definitely
So its pretty much pointless to short it, instead, they buy tons at sub pennies which drives the price higher, then after accumulating millions and millions of shares, start to sell shares at different stages in order to drive the price back down, rinse and repeat, is that what causes big swings?
It was funny how a lot of newbies that invested in marihuana stocks were blaming the shorts of preventing the value of the companies to go higher, Lol. Great video Clay.
I don't mind newbies, because they don't know any better; however, when you see people that have been around YEARS still proclaiming such nonsense, that is when you know they're actually just a wolf in sheep's clothing.
The same people who blame shorts on messageboards are always talking about how some huge short squeeze is being set up on the penny stock and that any day now they're going to "make the shorts pay."
Why would you short in a position where you're in the 2.50 rule? Today I shorted 1K shares of LJPC around 7.15 and bought back around 6.50. Used $7,150 to make $650. I guess penny stocks are technically under $5 but I'm just saying if your broker has that 2.50 rule why wouldn't you just target your search/scanners where you can get the most bang for your buck?
What if they only do 10k shares at a time multiple times to prevent the stocks from climbing, and wait for newbs to sell their shares and do the job of the shorts for them?
clay, great video, i have a clear understanding of this now..... do u have a video like this but explaining market movers/people talking about the MM's. thanks!
I have seen this a million times on StockTwits. You are the " Devil " over there and everything is blamed on you, that's bad at least. Thanks for the video. Learned a lot
I agree Clay, though, I've wondered if toxic diluters who have endless shares would ever consider shorting penny stocks, knowing that they can continue to drive the price down?
Not worth the risk. Why tie up all that capital in such an inefficient manner? If they have shares to dump (especially when they are basically endless), then they're just going to dump away... no logical sense to introduce a variable of risk into the equation when it's essentially free money on their part.
what happened if you short a stock above $2.5, and it falls below $2.5. Do you require to cover your shares? Will your margin be changed and trigger a margin call?
Don't know. Don't care. Why you're even still thinking about shorting a stock in this range tells me I didn't do a good job in explaining. I'll try harder next time.
Suppose I see a Craigslist ad of someone that trades Penny stocks. They offer to teach me the rules, tricks etc. They take my money and put it in an account.... And they split the profit..... Does this sound like a scam?
@@claytrader Yes the question is serious.... Me actually taking up this person's offer isnt. And I dunno alot about stocks I'm bran new, so I just wanted to make sure I wasn't going crazy...
Is it possible that you are shorting the same position that you are holding just to cause panic? Penny stock do not have options to hedge against, so may be shorting with protection of a long term position.
Dude, I been planning to short penny stock. There's this guy Timothy Sykes and his students made millions of $$$ by shorting penny stocks,, and they didn't have any big capital as the $2.5 rule. Please explain this
I don't believe everything said on the internet but I do research, I knew about first red day and a lot of people following the strategy by shorting penny stocks. I'm really confused now
Thats if a retail trader wanted to short. What if a MM like NITE or ASCM or CANT wanted to short ? Do a video on that and explain how they can sell naked with ZERO restrictions or 2.50 rule.
You have made your proclamation in this video... doesn't mean any of it is true. My point is this. MM shorting and Retail shorting are two totally different things. There is no link needed everyone knows that.
Ever hear or see MM ASCM ? That MM shorts penny stocks. To make this clear I don't think regular ihub players or retail players short OTC penny stocks that often. But MM's most defiantly short these OTC tickers all the time. Here is the proof they actually broke the law (and Ascendiant were shorting a large position in DEWM ) www.stocklaw.com/Securities-Fraud-Blog/2015/July/FINRA-Fines-Ascendiant-Capital-Markets-of-Irvine.aspx
well, but in case a you mix deposit and amount invested in case b. in a you invest only 1k , in b you invest 125K, so the risk is mega different. i do not defend pump and dump scheme or short penny stock, just my opinion on this example.
well, i was just commenting on math behind this example. duno what was your aim of this video, if you want to compare dangers of penny stock and 1% gain on regular market, sure penny is much riskier to trade. but if you trade penny stock , why to trade with 1k only on 250k account? you can trade with 2-5k per trade (2%) and then your profit will jump up and its hard to catch up on regular market(for same gain you need 0,5mil+ account). little disclaimer, i do not trade small cap or micro cap companies. you should stay miles away from penny stock.
You are just saying this because you are paid by Big Short Oil companies!. Great video! =D I am just getting into stocks so watching your videos helps me understand things far quicker than on my own.
Hi is it possible for a stock to be manipulated....I bought clrb cellectar Bioscience at 1.27 average down to 1.17..... but ever since I bought 2000 shares it never really hit above 1.17.....it only goes higher PREMARKET and as soon as 6:30 and market opens it drops so I can never sell higher.....
I have a question that i hope u can answer.. Above 2.50 ..shorting..if the price falls below 2.50 do u have to put up the 2.50 for every share as if it stays below.. If i short at 2.52$ does the rule kick in After going below 2.50$ If not i could see loads of predators right above 2.50. Hope i asked it in a way u can understand..lol
Okay, so i know he might not answer but im waiting for an answer from experienced viwers. What if i just want to long term or support the penny stock, do i get a lot of margin since its gonna take longer and probably increase the interest?
Hey thanks for your reply ... I would like to get shares without those margin requirements. But the goal is sit on them ... But if I buy stocks at a dollar and the margin requirements are 2.50 per share then I'm lost .. let me ask you on the trading platform, does it indicate if there is a margin requirement? I'm with TD Ameritrade .. that's why I ask do I need to buy above the requirements of 2.50
Nick - hop in front of a camera and record a video that you know will be public. Maybe you'd do just fine, but for me, I get a bit nervous so I prefer to "play it safe" with the calculator.
example eqlb. 4.4 mill for shorting. It was 7 mill when price was .007. Type in eqlb link provided.. www.interactivebrokers.com/en/index.php?key=eqlb&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
Penny stocks don't sound worth it for starters, imma go ask my dad to create a stock market account so I can start trading and put some use to my spare time.
get back to me when you owe your broker money, I may be able to then help :) not trying to be mean but it's just reality. o and with your logic you should also be using robinhood broker, they like customers like you
@@teemuseppanen9323 you must have missed the part about the camera being shoved in your face.... but yeah, apparently I'm just not as smart as you are! :-)
@@claytrader Well u have small point, i give u that mutch 😁👍 and who is smarter that we dont know, we have to take same Intelligence test to find out 🤔
Good now I can just link to this video instead of trying to explain it to dweebs that always blame the evillll shorters on stocks trading in the trips that are dropping.
@@claytrader There is also a great tutorial from OTC Markets that explains to FOOLS about how MM's sometimes do short stocks to be able to sell someones position,then they cover the position quickly. This is done for one purpose,to make a market for thinly traded OTC stocks.
I am getting confused. I heard that last traded price is the current shares price so my question : 1. If there is many people infront of me who wanted to buy a certain shares for price of $1 but I put in my bid price as $1.10.... does that mean people who is selling at $1.10 close with my offer 1st? 2. If there are various prices infront of me like $0.90, $1.00, $1.05 etc for a certain shares and I put in my bid of $1.10, does that mean seller which ask for $1.10 closed with my offer overriding all people infront? 2. So after closed the price at $1.10 means the latest shares price is $1.10? Apology if all these questions sounds stupid but seems like nobody can answer me so far. Email : boksland.art@gmail.com
If you want to "talk stocks/trading in general", that's the entire idea behind my private community here claytrader.com/team which you are welcomed to join.
ClayTrader Didn't follow my strategy and got influenced by social media but this being my first month of real trading, I'm not worried. Will bounce back, and follow my strategies rather than being influenced by social media. Lesson learned.
This guy is a machine, u can see the charging port thru his shirt!
That was supposed to be hidden better. Me being a robot is a secret!
Nates Pics haha
Ha!
Nates Pics 😂
@Son Lê Hoàng Hmm... That doesn't sound like a scam at all...
I see lot of comments, "Clay trader shorted this and that, causing the price to drop" on ihub and other forum sites quite often. When I just started to trade about a year ago, I didn't know any better and I really believed what others were saying about you. People need to be educated. Not just relying on forums. I think your chart technical analysis is awesome and helpful. I really appreciate your TH-cam uploads!
Keep up awesome work and inspire others!
Thanks for the feedback. Good for you for admitting to yourself that you were just being ignorant at first, which allowed you to learn. It's sad how many people refuse to learn and choose to simply keep their head buried in the sand.
You should have told everyone what happens to your $250,000 account when your $0.01 stock goes to $1.
That would be too graphic. That's X rated!
Steven Stam what ? Tell me.
Eugene Hernandez When shorting a stock, you're borrowing someone else's shares and selling them at the current market value. If the stocks go down in value, you rebuy at the lower price and return the shares. The difference is your profit. If the stocks go up in value, you rebuy at the HIGHER price and the difference is your loss. This is why you're required to have the extra amount before you short... to cover any potential losses when you have to buy the stock back.
In theory, a stock's growth is unlimited while it's drop in value can only go to $0. So if you anticipate a stock to go from $0.01 to $0.001, you'll make $0.099 a share when you go to sell them back. But if you're wrong and that stock goes from $0.01 to $1.00, you're on the hook for $0.99 a share!
So if you shorted 1,000 shares at $0.01/ share ($10 total) and the price rise to $1/ share, you'd have to buy them back for a total cost of $1,000. That's a 9900% loss! And no, I didn't forget the decimal point!
Steven Stam greed
💣💥💥💥
Hi Clay. Could you make a guide about the most common scams and tricks in the industry? What I've heard of are cfds mirrors, chop stocks, pumps and dumps, ghost companies and wiping out tight stops. I'm pretty sure there's plenty of others scams and tricks. Could really help the community having info about all these stuff
I have an entire video course on penny stocks - claytrader.com/courses/penny-stock-survival-guide/
If I actually had the ability to manipulate a stock on my own, I'd feel honored that I had that much influence and I'd do it all the time and never feel bad about it!
You can. Just go find a stock that has zero volume and then buy $1,000 worth. I'll bet you send it sky rocketing lol
ClayTrader hahahaha
ClayTrader
do that with a following or a powerful social media presence and you can officially claim your guru title lmfao! 🤣
why would you short when it's trading at one penny?
Very very good question. Some out there think it is a good idea.
what if you short a stock at $2.51 and it drops to $2.49?? Do you still need the capital?
That'd be a question for the broker.
Everyone is saying "Shorts" on DCTH message boards. Makes sense.....
Not surprising at all. Lots of people dumping and they need someone to blame.
A scammer telling other scammer you should use their guide and pay memeber ship ...
Sorry you feel that way. All the best to you.
@@claytrader still havent answer any of my questions , why sell courses that cost over $2000 just like everyone else ... you make money selling courses then working
@@jinjin4242 why does Apple sell phones? why did you have to pay for the clothes on your back? Perhaps considering moving to a communist country?
@@claytrader still havent answer my question ... sound like an politicians. Dont change the subject...just answer the question ...
@@jinjin4242 you didn't ask a question. I see no "?"
I didn't know about the 250 rule, I know I have tried to short CTRM and Webull wouldn't let me! A lot of them tell me they are a "hard to borrow security" and they do not support stop loss/ take profit for this security!
Exactly
Great Video! I try to stay away from penny stocks, It is way too risky to play around in the high Volatility environment. That being said, today I got out of HUSA with a gain of around 2k. Sometimes you can't help it haha.
Great trade! Congrats.
Clay.... I had NO clue about this until I happened across this video. Thanks! Going to read up on the 2.50 rule now. I just setup my margin account and am looking forward making money both ways now.
Cheers
Is Robin Hood good for penny stocking? I want to try it since it doesn't really cost much... I just wanna experience what trading is like. I learn things quicker by doing it. I'll still be doing research though definitely
And you'll be building bad habits all the way - claytrader.com/videos/anatomy-bad-habit/
Greg The Slim Jim Genie try sure trader it lets you use fake money to learn how to sell penny stocks
Clay you're a beast!! Thanks for all this videos you been posting. I have learned a whole lot from you. Thank you!
You're welcome! Glad you've been enjoying the content!
So why are they shorting TOPS at .22 cents and POTN at .55 cents you can tell by looking at the short volume compared to total volume
The "short volume" numbers are a total joke.
@@claytrader Bingo. Yet no penny pumper will admit it... many know, but need to keep the pump going.
@@rogerbarnett8412 exactly.
So its pretty much pointless to short it, instead, they buy tons at sub pennies which drives the price higher, then after accumulating millions and millions of shares, start to sell shares at different stages in order to drive the price back down, rinse and repeat, is that what causes big swings?
Yup
It was funny how a lot of newbies that invested in marihuana stocks were blaming the shorts of preventing the value of the companies to go higher, Lol. Great video Clay.
I don't mind newbies, because they don't know any better; however, when you see people that have been around YEARS still proclaiming such nonsense, that is when you know they're actually just a wolf in sheep's clothing.
The same people who blame shorts on messageboards are always talking about how some huge short squeeze is being set up on the penny stock and that any day now they're going to "make the shorts pay."
Exactly.
Why would you short in a position where you're in the 2.50 rule? Today I shorted 1K shares of LJPC around 7.15 and bought back around 6.50. Used $7,150 to make $650. I guess penny stocks are technically under $5 but I'm just saying if your broker has that 2.50 rule why wouldn't you just target your search/scanners where you can get the most bang for your buck?
Exactly. Common sense goes a long way.
What if they only do 10k shares at a time multiple times to prevent the stocks from climbing, and wait for newbs to sell their shares and do the job of the shorts for them?
Nope.
Thanks for that information clay, me and my dad was about to buy in this penny pot stocks. Thanks for that!
You're welcome. Glad it could help.
clay, great video, i have a clear understanding of this now..... do u have a video like this but explaining market movers/people talking about the MM's. thanks!
I have an entire video training course on it (and much else) - claytrader.com/courses/penny-stock-survival-guide/
Clay do you think ENZC is a possible P&D Or just to risky?
if you're interested in "talking stocks/trading in general", you are more than welcomed to join my private community - claytrader.com/team/
Bit brother 350 million volume, but stock only a penny so tell me why it not going up, because its being shorted...
Or is the company diluting?
lol i loved that sentence " there is no hope for you " :D good video Clay
Thank you :-)
I have seen this a million times on StockTwits. You are the " Devil " over there and everything is blamed on you, that's bad at least. Thanks for the video. Learned a lot
Yes. I'm like the evil Easter Bunny or something according to some lol
I agree Clay, though, I've wondered if toxic diluters who have endless shares would ever consider shorting penny stocks, knowing that they can continue to drive the price down?
Not worth the risk. Why tie up all that capital in such an inefficient manner? If they have shares to dump (especially when they are basically endless), then they're just going to dump away... no logical sense to introduce a variable of risk into the equation when it's essentially free money on their part.
Makes sense. That was the only time I thought it might be worth the risk. Toxic diluting is easy money, why bother with shorting pennies. Thanks Clay.
Yeah, if something is "easy", no need to complicate it.
what happened if you short a stock above $2.5, and it falls below $2.5. Do you require to cover your shares? Will your margin be changed and trigger a margin call?
Don't know. Don't care. Why you're even still thinking about shorting a stock in this range tells me I didn't do a good job in explaining. I'll try harder next time.
Suppose I see a Craigslist ad of someone that trades Penny stocks. They offer to teach me the rules, tricks etc. They take my money and put it in an account.... And they split the profit..... Does this sound like a scam?
Is this serious? Of course it's a scam.
@@claytrader Yes the question is serious.... Me actually taking up this person's offer isnt.
And I dunno alot about stocks I'm bran new, so I just wanted to make sure I wasn't going crazy...
@@mathiaskanuck6759 you're not crazy. That ad is a total scam.
Thanks for taking the time to make this video. It's really good.
Glad you liked it!
Is it possible that you are shorting the same position that you are holding just to cause panic? Penny stock do not have options to hedge against, so may be shorting with protection of a long term position.
Did you even watch the video? Please explain how it makes any mathematical sense to tie up so much capital to take on so much risk.
Dude, I been planning to short penny stock. There's this guy Timothy Sykes and his students made millions of $$$ by shorting penny stocks,, and they didn't have any big capital as the $2.5 rule.
Please explain this
They absolutely do. But I mean come on man... are you really falling for all that late night infomercial marketing?
I don't believe everything said on the internet but I do research, I knew about first red day and a lot of people following the strategy by shorting penny stocks. I'm really confused now
Stop following people that use late night infomercial marketing methods and I promise you things get clearer.
I will, Thaaaaanks man!
You're welcome.
Thats if a retail trader wanted to short. What if a MM like NITE or ASCM or CANT wanted to short ? Do a video on that and explain how they can sell naked with ZERO restrictions or 2.50 rule.
Got a link that says MM's can short with "zero restrictions" or $2.50 rule? I'd like to see your source on this.
www.reddit.com/r/weedstocks/comments/1xydch/market_maker_speaks_out_ways_of_a_market_maker/
With all due respect, that means nothing. You or I can hop on a message board and make all sorts of proclamations... doesn't mean any of it is true.
You have made your proclamation in this video... doesn't mean any of it is true. My point is this. MM shorting and Retail shorting are two totally different things. There is no link needed everyone knows that.
Ever hear or see MM ASCM ? That MM shorts penny stocks. To make this clear I don't think regular ihub players or retail players short OTC penny stocks that often. But MM's most defiantly short these OTC tickers all the time. Here is the proof they actually broke the law (and Ascendiant were shorting a large position in DEWM ) www.stocklaw.com/Securities-Fraud-Blog/2015/July/FINRA-Fines-Ascendiant-Capital-Markets-of-Irvine.aspx
the way you explain things ... just great !!
Thanks. Glad you enjoy.
there is a short volume that traders can check and see if there is a short atack or pump and dump
Those numbers are a total joke and only used by pumpers.
ClayTrader were can someone check the valid short volume per day ?
Nowhere. You shouldn't even be paying attention for that on penny stocks. I hope you consider this claytrader.com/courses/penny-stock-survival-guide/
well, but in case a you mix deposit and amount invested in case b. in a you invest only 1k , in b you invest 125K, so the risk is mega different. i do not defend pump and dump scheme or short penny stock, just my opinion on this example.
Liquidity is what you are overlooking.
well, i was just commenting on math behind this example. duno what was your aim of this video, if you want to compare dangers of penny stock and 1% gain on regular market, sure penny is much riskier to trade. but if you trade penny stock , why to trade with 1k only on 250k account? you can trade with 2-5k per trade (2%) and then your profit will jump up and its hard to catch up on regular market(for same gain you need 0,5mil+ account). little disclaimer, i do not trade small cap or micro cap companies. you should stay miles away from penny stock.
Play Girls
You're basically agreeing. Not sure what your intentions where. Baffled!
You are just saying this because you are paid by Big Short Oil companies!.
Great video! =D I am just getting into stocks so watching your videos helps me understand things far quicker than on my own.
Glad to hear it is helping :-)
Im new and what seems like a scam to me is a 1 to 500 reverse split
Reverse splits certainly are not a bright spot in the market.
Hi is it possible for a stock to be manipulated....I bought clrb cellectar Bioscience at 1.27 average down to 1.17..... but ever since I bought 2000 shares it never really hit above 1.17.....it only goes higher PREMARKET and as soon as 6:30 and market opens it drops so I can never sell higher.....
Yes, it's possible, but I doubt that's what is going on.
I have a question that i hope u can answer.. Above 2.50 ..shorting..if the price falls below 2.50 do u have to put up the 2.50 for every share as if it stays below.. If i short at 2.52$ does the rule kick in After going below 2.50$
If not i could see loads of predators right above 2.50. Hope i asked it in a way u can understand..lol
That'd be a question for your individual broker.
Okay, so i know he might not answer but im waiting for an answer from experienced viwers.
What if i just want to long term or support the penny stock, do i get a lot of margin since its gonna take longer and probably increase the interest?
You can do that if you want. You can hold a penny stock for as long as you want.
So should we be buying shares that are above the 2.5??
It depends on your strategy and goals.
Hey thanks for your reply ... I would like to get shares without those margin requirements. But the goal is sit on them ... But if I buy stocks at a dollar and the margin requirements are 2.50 per share then I'm lost .. let me ask you on the trading platform, does it indicate if there is a margin requirement? I'm with TD Ameritrade .. that's why I ask do I need to buy above the requirements of 2.50
Yeah, it would tell you.
Thanks for explaining that. Now I understand it fully!
You're welcome.
Is there any case where high amounts of shorts will effect stock price? Say in the $2.50-$10 range?
Depends on what the normal average volume is.
Thanks! Will I gain an understanding of this more from your courses? How volume and other factors drive price?
Absolutely.
So if i have a penny stock do I just take a loss or break even in order to avoid that rule?
Or is there a way I can profit something at least.
This is only if you are "shorting" it.
ClayTrader thanks I misunderstood the concept.
You're welcome.
Is anyone else wondering why a trader would need a calculator to do all those round numbers x5?
Nick - hop in front of a camera and record a video that you know will be public. Maybe you'd do just fine, but for me, I get a bit nervous so I prefer to "play it safe" with the calculator.
Totally wrong. Interactive allows shorting and is a 1-1 ratio.
On a $.001 stock? On a $.01 stock? No way. Show me proof.
example eqlb. 4.4 mill for shorting. It was 7 mill when price was .007. Type in eqlb link provided.. www.interactivebrokers.com/en/index.php?key=eqlb&cntry=usa&tag=United+States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1
And the fees associated with that?
What programs are in your computers at the end of your videos?
Here ya go claytrader.com/resources/
He is right. Do your research
Cheers!
Very well explained. Thumbs up Clay...
Thanks
You lost me when you said you had to wait for the stock to go to zero. I always thought you wanted to stick to go up, not down. Im confused
I'm talking about "shorting". More here claytrader.com/videos/shorting-going-short/
So, who is shorting stock under $1 when you see huge short sell volume in website like shortvolumes.com?
Those sites are a total joke.
Does it apply to cash account?!
You can not short with a cash account. You MUST have a margin.
do you trade with sure trader if so any major issues, thanks
Heck no. They are a joke.
ClayTrader OK thanks the 6 to 1 had me interested
Give this a watch. I'm assuming you have a smaller account claytrader.com/videos/trading-academy-101-avoid-pattern-day-trader-rule/
ok thanks
You're welcome.
Great Video. I like your math, gives facts and taking out the emotion. Lol. 👍
Thanks for feedback.
So are you saying Sure Trader is a good or bad place to work with in your opinion?
Bad.
The SHORTS made this video! 😂
For the tintoil hats
Thank you Clay for This Video
You're welcome.
'because I understand math'
Grabs calculator to work out
5 x 100k = 500k
5 x 250k =1.25m
Calculating math and understanding math are two different things.
I agree, was just kinder funny
He is defending the shorts! Get him.
Are you saying guaranteed buyers are a bad thing?
Ok got it now tell me the next penny stock we are gonna short.
lol
Clay, thanks for doing God’s work🙏
Thanks for watching!
That is a cherry pick example 1 penny stock!!!! It would be totally another story if you short $2 stock
Ok, then go do the opposite of what I'm saying and let me know how it works out over the course of 100 trades.
@@claytrader give me around 10 months then, i am part time trader 😊 ps. Generally I love your videos
@@RamRam-cg3rq cool
Penny stocks don't sound worth it for starters, imma go ask my dad to create a stock market account so I can start trading and put some use to my spare time.
Sounds good.
Interesting. A video from the #1 stock shorter.
lol.... I love me some tinfoil hats....
I own over 100000 started buying at 0.23 cent
I see
Or is it naked short
Is what?
ANOTHER GREAT VID. KEEP UP THE GOOD WORK. YOUR BRO THE VULCAN.
Cheers. Thanks!
Math works. I'll go for the purple game. Thanks!
Matt with a little common sense sprinkled in can take one far!
*Good video. The $2.50 rule explained clearly. Thank you Clay.*
You're welcome.
Nice video this time. 🔥
Thanks
Don't forget to mention it cost 5 dollars per contract 1 contract is 100 shares !!!!!!
That's option trading.
How you know Clay lol
Research
FunnyTities you'll never in your life make money then... not even trying to be mean, it's just the reality.
get back to me when you owe your broker money, I may be able to then help :) not trying to be mean but it's just reality. o and with your logic you should also be using robinhood broker, they like customers like you
It was me, I am the penny stock shorter. Millions and millions of dollars to screw all the little people.
:-)
Makes .0001 sense to short a 2.50 or less.... The loss off utility of 250k ..?? Lol. Naw im good
Exactly
Shorts fucking up my baby girl DRYS.
Riiiight
yeeea bro that DHCP is legit
Is it?
I just laught my ass of when he took the calculator 😂😂😂 Basic math 500.000x 2,5 😂😂😂😂🤣🤣🤣🤣 come on americans
Hop in front of a camera where you know the video will go live on TH-cam where people such as yourself exist.... then let's see how you do ;-)
@@claytrader in Finland we can calculate Basic math on our head but it seems americans cant
;)
@@teemuseppanen9323 you must have missed the part about the camera being shoved in your face.... but yeah, apparently I'm just not as smart as you are! :-)
@@claytrader Well u have small point, i give u that mutch 😁👍 and who is smarter that we dont know, we have to take same Intelligence test to find out 🤔
@@teemuseppanen9323 I'm good. I have no problem saying you are way smarter than I am lol... take care.
Schooled them " penny boys. " Beam me up Scottie!
haha!
#DCTH LOL
Indeed.
Good now I can just link to this video instead of trying to explain it to dweebs that always blame the evillll shorters on stocks trading in the trips that are dropping.
Please do!
@@claytrader There is also a great tutorial from OTC Markets that explains to FOOLS about how MM's sometimes do short stocks to be able to sell someones position,then they cover the position quickly. This is done for one purpose,to make a market for thinly traded OTC stocks.
Own the Chaos is a pumper and dumper.
Never heard of him, but thanks for the heads up.
Thanks
Welcome
Love this guy
I love you too!
You really needed a calculator to figure out 5 times the amount on the board???? Bad at math, but good video.
No. That was an optical illusion. I never used a calculator.
ClayTrader mind fucking blown
Incredible huh?
why would anyone want to buy penny stock anyway ??
People that want to save the cost of a plane ticket to Las Vegas.
So they can go to the bank. Ask for penny rolls, take them home and fill them up. Why else, silly!? ( . )( . )
seems on edge.
lol... I think you're seeing what you want to see.
Clay is always no b.s.
Thank you
Jordan belfort!
Yup!
I am getting confused. I heard that last traded price is the current shares price so my question :
1. If there is many people infront of me who wanted to buy a certain shares for price of $1 but I put in my bid price as $1.10.... does that mean people who is selling at $1.10 close with my offer 1st?
2. If there are various prices infront of me like $0.90, $1.00, $1.05 etc for a certain shares and I put in my bid of $1.10, does that mean seller which ask for $1.10 closed with my offer overriding all people infront?
2. So after closed the price at $1.10 means the latest shares price is $1.10?
Apology if all these questions sounds stupid but seems like nobody can answer me so far.
Email : boksland.art@gmail.com
If you want to "talk stocks/trading in general", that's the entire idea behind my private community here claytrader.com/team which you are welcomed to join.
DCTH got me fucked.
DCTH did or you did by not having a trade plan going into the actual trade?
ClayTrader Didn't follow my strategy and got influenced by social media but this being my first month of real trading, I'm not worried. Will bounce back, and follow my strategies rather than being influenced by social media. Lesson learned.
Well done. Glad to see you blaming the person in the mirror.
Traplethes Vevo- so did you go long or short DCTH?
Dude! And I thought Binary Option was gambling... sweet jeebus! This is like... playing Russian Roulette... with your money! 😲😰
It truly is, and it's sad because so many penny stock traders don't realize the absurdity of it.
Both are horrible
yup
scam
Correct, the whole "blaming the shorts" in the world of penny stocks is indeed a scam.