Trading penny stocks on robinhood

Trading penny stocks on robinhood

Posted: inetjob Date of post: 06.06.2017

Not sure where I asked about profit; I asked how to do it. But I guess you can't. Thanks for the input.

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Consider re phrasing your question. As it stands it is meaningless. A good start would be to give an accurate definition of the word "cheap". Accurate both in a linguist sense and in such terms that it can be put into code and used in an algorithm to comb through the stocks forming the Quantopian database. Although I'm fairly confident that leaving that number open to the discretion of whoever is willing to help me would make it easier on them.

Is that enough or do you need me to simplify it some more for you? I will leave aside the question of how to value a share. A share trading at US cents is not necessarily cheap. It may go down rather than up. Thus you have not defined the word "cheap" in a meaningful economic or market sense.

Leaving that question aside you now want to turn your attention to the Quantopian Pipeline. You can use it to search for US listed stocks trading at 15 cents or less.

Having found such stocks you can then instruct your algorithm to buy them. In such quantity as you may determine.

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There are many sample algos on this forum. You should pick bits out of them to craft your own purpose built algo. Sorry, something went wrong.

trading penny stocks on robinhood

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trading penny stocks on robinhood

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Try searching for the end of the rainbow - it will be more profitable. Then perhaps someone may be able to help you. Your algorithm should then contain rules for when to sell the stock. Please sign in or join Quantopian to post a reply. Once you join, you can: Run full backtests, with detailed risk metrics and full transaction reports.

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