First find the biggest percent (%) gainers across all us exchanges
-(you can use etrade pro to see premarket gainers or check yahoo finance at market open)
-Focus on low priced stocks between or under $5-$10 per share that are up 20-30-40-50 or even 100% on the day
Remember what Tim said" ONE DAY'S GAINS OFTEN INDICATE FURTHER GAINS"
-check for the news after you find these percent gainers
-check to make sure the stock is moving on high volume
-check the float (we all know low floaters can run )
Buy on day 1 or 2 of a contract announcement (contract winners)
-sell into big run ups or spikes
-dont worry about catching the top! Take profits... Infact be a serial killer profit taker! lol ( that would make a nice user name : "Profit_Takingserialkilla" ) lol sorry back on track
-DONT CHASE RUNUPS!
Buy penny stocks with good stories breaking out to new highs especially on a friday or end of day. (just dont fall in love with the stock or believe the hype)
-Exciting penny stocks stories with new technology has legs
-late comers look to buy on follow up articles on the following monday or next trading day.
Always have a trading plan and use good risk/reward
@nickMO ya thanks for reading it
@saturnus22 thanks for stopping by and yw
@jcelliott90 If you use ToS, there is an option to show the float of every stock in your watchlist too. I have a watchlist completely devoted to stocks with under 10M float, but have more than 20K in Volume.
this must be my most informative and popular post yet! Thanks for the support guys
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