Trading in US Market
- Pattern Day Trading Rules
  - What is a pattern day trader (PDT)
  - What if I am flagged as a pattern day trader
  - How can I get more day-trading buying power(DTBP)
  - Cash Sweep and Pattern Day Trading
  - Removal of PDT Flag
  - Why did my PDT status reset request fail
  - How can I turn on/off the pattern day trade protection
  - How to know my day trades left
  - More Information
  - Day-Trading Multi-Leg Option Orders
- Trading Rules
  - What are the trading hours for US stocks
  - How to place an order for US stocks
  - How to modify or cancel an order
  - What are time in force and pre-market & after-hours trading
  - Whether use the pre and post-market price to calculate the market value and profit or loss of your position
  - Why should the placement of market orders be restricted
  - What is penny stock
  - Can US stocks trade intraday/Can I sell US stocks the same day I bought them
  - Why was my sell order with an order price lower than the best ask price not filled
  - US stock market holidays
  - Why use pre- and post-market prices to calculate market capitalization and profit & loss of stocks during the respective session
  - Withholding Tax on Publicly Traded Partnerships (PTP) Securities and Trading Arrangements
  - Fractional shares trading in the US stock market
  - Information about US Stock Moving to T+1 Settlement
- Order Type
  - What are advanced orders
  - What is limit order
  - The difference between conditional orders and advanced orders
  - What is a market order
  - What is stop order
  - What is stop limit order
  - What is a market if touched order
  - What is limit if touched order
  - What is a trailing stop order
  - What is trailing stop limit order
  - What is an attached order
  - Market-on-Close order
  - What is Algorithmic Trading for US Stocks
- Dividend Reinvestment Plan

Options
- US Stock Option
  - Option basics
  - Trading & margin
  - Option exercise & settlement
  - Why should the placement of market orders be restricted
  - Option Level
  - US Stock Multi-Leg Options Order
  - Margin Requirements for Option Strategies
  - What is an attached order
  - Unique Features of Index Options
  - What's options rolling
- US Index Option
  - What are Index Options
  - Trade Index Options
  - Index Options Margin requirements
  - Index Options Exercise and Settlement

Trading in HK Market
- Trading Rules
  - What are the trading hours for HK stocks
  - How to trade odd lot
  - What is off market order (place orders during non-trading hours)
  - FAQs about odd lots
  - Is the minimum price change of all HK stocks HK$0.01
  - Is there a limit on HK stock price volatility
  - The difference between order cancellation and invalidation
  - What is penny stock trading
- Order Types
  - What is the time-in-force
  - What are advanced orders
  - At-auction market order
  - The difference between conditional orders and advanced orders
  - At-auction limit order
  - What is limit order
  - What is market order
  - What is a stop order
  - What is stop limit order
  - What is a market if touched order
  - What is limit if touched order
  - What is a trailing stop order
  - What is trailing stop limit order
  - What is an attached order
- Warrants/CBBC
  - What is a warrant?
  - What is a callable bull/bear contract (CBBC)?
  - How to trade warrants/CBBC?
  - What are the fees for trading warrants/CBBC?
  - How to calculate the residual value of my CBBC after it is called
  - How does the residual value of my CBBC settle after it expires or is called?
  - What happens to my CBBC if its underlying asset is suspended from trading

Trading in A-shares Market
- Trading Rules
  - What is A-shares
  - What is the time-in-force
  - FAQ about A-shares
  - A-shares trading rules
  - Changes to China Connect Trading for Mainland Investors
- Order Types
  - What are advanced orders
  - The difference between conditional orders and advanced orders
  - Stop limit order
  - Trailing stop limit order

Margin Trading
- Introduction
  - What are margin trading and short selling
  - What is margin trading or short selling for
  - How can I do margin trading or short selling
  - How do I know whether a stock supports margin trading or short selling
  - Where can I find the margins for margin trading and short selling / What is the meaning of each term
  - How many funds or shares can I borrow at most for margin trading or short selling
  - Is there any fee for margin trading and short selling
  - What is dividend payment for borrowed stocks
  - Trade preview (estimated)
- About Margin Calls
  - What is the meaning of each term on my account page
  - How to review the risk status of my account
  - When will I be at risk of forced liquidation
  - Will part of my positions be closed in case of forced liquidation?
  - How to avoid forced liquidation
  - If I receive a margin call while my deposit is in transit, will my position be liquidated
- Disclosures
  - Disclosures

IPOs Subscription
- US IPOs
  - US IPO subscription process
  - Concept of US IPO subscription
  - IPO subscription account (Moomoo Financial Inc. account)
  - IPO P/L
  - Subscription analysis
  - Subscription details explanation
  - FAQ about IPO

Corporate Action
- ADR conversions
  - Instruction of ADR conversions
- Moomoo Financial Inc. account

Paper Trading
- How to create a paper trading account
- Rules of paper trading
- How to place a paper order
- Paper Trading Rules：US Margin Paper Trading Account
- Option Paper Trading Rules
- Futures Paper Trading Rules
- Stock Paper Trading Rules
- Portfolio Introduction

What is penny stock trading

In the Hong Kong stock market, penny stocks refer to stocks that trade for low prices (Moomoo Financial Inc.defines stocks trading for less than 1 HKD as penny stocks). Penny stocks feature significant price fluctuation, poor liquidity, and higher probability of delisting, making it inconvenient to obtain accurate information. Normally, ordinary investors are not recommended to buy penny stocks.

1. How to trade Hong Kong penny stocks?

Penny stocks, as a type of stock, trade in an normal way in terms of trading process, trading hours, and order types.

Notes: Due to the high risk, if it is your first time to trade penny stocks, you need to confirm the risk during the trading process before you can trade.

2. If a stock’s price falls below 1 HKD, can the stock still trade?

If a stock’s price falls below 1 HKD, the stock will be deemed as a penny stock and you can close your position. If you open a position and it is your first time to trade penny stocks, you also need to confirm the risk first.

3. What are the risks involved in penny stock trading?

● There is no daily price limit on Hong Kong stocks, and prices of penny stocks may fluctuate greatly within a day;

● Penny stocks are generally traded lightly and have high liquidity risks;

● The delisting risk of penny stocks is greater than that of ordinary stocks.

Moomoo is a professional trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
Any illustrations, scenarios, or specific securities referenced herein are strictly for illustrative purposes. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal.

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