The hot market is back, baby!
August was slow as usual — traders take off to enjoy the last bit of summer before it’s over — and I told traders in my webinar to be patient…
That patience paid off.
Now that we’re past Labor Day, volume and volatility are back in the markets. And while the overall markets are getting crushed post-Fed announcement…
Small caps are on fire!
Yesterday alone we had three huge percent gainers that soared 500%+, 300%, and 176%!
I talked about two of them during my morning webinar. But the third one flew under the radar for most traders…
And it was one of the best opportunities for traders with a small account.
So today I’m going to show you how you can find stocks like it so you can start trading like a pro…
Time’s running out! Matt Monaco is revealing the indicator that has helped him grow his account to almost $2 million in profits — TONIGHT! Sign up here so you don’t miss his special event!
How To Trade Like a Pro
SLNO was a chat pump in premarket, so it wasn’t a surprise that it failed at the open.
And when it came back in the afternoon it smoked shorts and ultimately gained over 500% on the day.
FEMY had most of the things we look for in a potential morning trade — I liked the Oracle levels, it had news, it’s a low float stock…
It was a little choppier than SLNO, but it was lower priced for those with a small account.
But the best potential trade for small account traders popped up in the middle of the day…
DMK Pharmaceuticals Corporation (NASDAQ: DMK) started spiking right around noon.
But if you don’t have the same tools the pros have, you might not have seen why it was spiking…
Yahoo! Finance didn’t have any news…
But the StocksToTrade Breaking News Chat did.
The team alerted that the company was granted a Canadian patent. And the alert came out at 12:06 Eastern.
DMK was trading around 52 cents when the alert dropped and it climbed to a high of $1.44 for a 176% gain!
Here’s why this trade was such a great opportunity for small account traders…
- It’s a low-priced stock so you can take a larger position size than you can trading a $20 stock like SLNO.
- The news wasn’t readily available to most retail traders. So when traders saw it spike on what looked like no news — short sellers were eager to short it. That’s how you take advantage of one of the market inefficiencies that my mentor Tim Sykes talks about.
That’s why using the same tools as the pros is crucial for gaining an edge in the market.
Tim Sykes and I use it daily.
And using this incredible news alert, Tim Sykes was able to profit a whopping $1,769 on his DMK trade. That’s a 32% gain!
Ready to use the same tool as the pros?
Have a great day everyone. See you back here tomorrow.
Lead Trainer, StocksToTrade