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However, on average, the typical opening. They're currently the biggest threat to robinhood when it webull, on the other hand, doesn't offer options trading right now but, allows short selling, something robinhood doesn't allow on their platform. Penny stocks trade for $5 or less per share. It's not impossible to get rich in this niche. Do not trade penny stocks in a private transaction, not on an exchange, unless perhaps it is an initial public offering.
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Most penny stocks are sold on otc markets or through the otc bulletin board.
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Day trading penny stocks on robinhood can be even harder.
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