The up-and-down market has some inexperienced traders questioning what they know…
One day you can’t keep up with all the low floats squeezing, the next it’s n crickets in penny stocks land and everyone’s focused on mega-cap movers.
So are low floats dead and it’s time to become an investor?
Not quite yet…
The market is just digesting an election, CPI numbers, and the fall of a major crypto company.
I stand by my green wave theory that small caps stocks will take off now that the election is behind us.
I felt the shift in the market a few weeks ago … So I don’t think a couple of slow days in low floats means it’s time to reinvent the wheel and change your whole strategy.
So here’s what you can do to find profitable trades…
How to Find Profitable Trades
This is a new week and anything can happen…
But if there aren’t any low-float runners this morning. Don’t panic and think the sky is falling and that you have to learn how to trade massive cap stocks like Meta Platforms, Inc. (NASDAQ: META) or Amazon.com, Inc. (NASDAQ: AMZN).
There are still ways to find big runners.
Second, use Oracle to give you the 20 hottest stocks to watch each day.
It didn’t disappoint last week…
Check out this move!
It’s a tech stock, it’s an earnings winner, and it’s mid-priced so you can still get a decent number of shares to trade.
On Thursday it ran all morning. And it closed near its high. So on Friday, I said to watch for a weak open red to green.
And that’s the move we got…
So while I get that some traders might be a little bummed that we haven’t seen a 200%+ low float runner in a few days…
There’s no reason to throw in the towel or reinvent the wheel. You can still find opportunities and trade the same patterns in mid to higher-priced stocks.
If you’re struggling to find these ideas on your own. Join me and a whole community of traders with their eyes on the markets in Pre-Market Prep.
We dig through scans and news. And look at Oracle to find the best potential trade ideas.
See you there!
Have a great day everyone. See you back here tomorrow.
Lead Trainer, StocksToTrade