1. You never really know what's possible until you get there. Until you get these experiences you're not going to become the best trader that you can become. You need to fail and see that the market is always right.
2. Running the scans, look for stocks that are building up towards breakout or those that are overextended.
3. You need to be able to buy OTC pumps premarket to sell into the latecomers' buying.
4. With a big OTC promotion pushing the stock up, first time a stock starts to turn will probably be a fakeout and afterwards it will still have a big leg up.
5. Try to sell into the bounce, not into the panic where you won't get good fill and it would be hard to get fills anyway.
6. If you buy before the spike goes exponential, try to sell into the turn that you see on Level 2.
7. When a stock is crashing the first time, be careful dip buying pump. Dip buy it after a crash of 70-90% and when it's being pumped again.
8. It's much better to short into failed bounce, it's more safe than shorting morning spike, because you don't know how far it can go.
9. Majority of pumps crash in the morning.
10. When a stock rises exponentially without a good catalyst and only due to manipulation, it has to fall back down.
11. Premarket everything is moving a lot faster.
12. When a stock that is spiking is making a lower low intraday, it's a sign to sell it, it will probably go down.