Learn how and where to safely buy and sell stocks and what to pay attention to in the following guide. The complete guide for beginners & advanced awaits you below. Everything you should keep in mind about the penny stocks listed below.
How to day trade penny stocks?- That’s how it works in Europe
The essentials in brief about the how to day trade penny stocks will be given you now. If possible, always choose “Xetra” as the stock exchange and only trade during the opening hours (09:00 – 17:30) to buy at the current price. Much can happen over the night.
If you’re new to trading but want to try stock trading, buy a few from one of the world’s largest public companies: Apple, Alphabet (Google), Amazon, Microsoft, Tencent or Facebook. Even if, of course, profits are not guaranteed here, the risk for these companies is lower.
How to day trade penny stocks?- Information
In Austria, 27.5% tax is payable on equity gains, which your broker normally pays independently once a year. Stock market is up and down. It’s perfectly normal that your stocks are down. It is said that “those who do not have the stock when they fall do not have it when they go up.” Below you will learn all the details of the above points to be fully prepared for stock trading!
How to day trade penny stocks?
Tip: Open the stock portfolio
Gone are the days when you still had to go to the stock market to buy stocks. The easiest way to trade stocks today is via a so-called stock deposit with an online broker. This can now be opened online for a few minutes and, as a rule, used immediately.
Which stock portfolio is suitable for buying shares?
One of the most popular brokers in Austria, where you can buy and sell stocks, is our current winner: The stock portfolio of DADAT Bank. To start stock trading, fill in a short registration form, verify yourself via a video-ID procedure on your smartphone and can log in to your account soon afterwards. For more information about how to day trade penny stocks subject, keep following.