I’ll say it louder so the people in the back can hear!!
If you aren’t reading my free Five-Stock Weekly Watchlist that arrives in your email inbox every Sunday, you don’t know what you’re missing!
I even have Daily Income Trader subscribers who ask me in my Premarket Prep, “Hey, Tim, where can I find that? Is it free?”
And the reason they ask me is because so many of the trades I give you end up winning…and some of them win really big.
Again, if you’re not opening and reading this email, you really should be. It includes my five stock picks, entry and stop-loss instructions, and a video where I explain my rationale for each pick.
And the list includes something for everyone, day traders and swing traders alike.
If you saw what happened yesterday morning with two of my Sunday picks, you would be going on and on about this too!
First up was Tevogen Bio Holdings Inc. (NASDAQ: TVGN).
My instructions were to enter the trade at $1.05 per share with a stop loss of $0.95.
TVGN One-Day, One-Minute Candles Chart; SteadyTrade
TVGN hit my entry price this morning and within an hour reached its high of the day, for a return of 24.76%*.
Next was Verb Technology Company Inc. (NASDAQ: VERB).
My instructions included an entry price of $7.75 per share and $7.30 as a stop loss.
VERB One-Day, One-Minute Candles Chart; SteadyTrade
Verb soared from the entry price to $16.13 per share for a massive 108.13%* gain!
There’s something that these two stocks have in common, and that common characteristic is one of the biggest reasons I chose them for my list in the first place.
They’re both low float stocks.
These are the types of stocks I love.
Why?
Low floaters can really move the needle on your small account. They’re the ones with explosive potential.
What defines low float?
The float is simply the number of shares that are freely tradable.
Every stock has a set number of shares available on the market, or the supply.
For example, Apple’s float is around five or six billion shares. Microsoft is up there around seven or eight billion.
When I refer to low float, I’m usually referring to stocks with less than 10 million shares available to trade. And that’s what makes them so attractive. They’ve got limited supply, so when demand spikes, these things can really move!
Here’s where our trading platform StocksToTrade becomes really handy. Every screener, every filter, and every watchlist includes the float number.
And once you identify the low floaters, you can use StocksToTrade to paper trade them so you can practice your strategies and get a feel for how these types of stocks move before you risk your own capital.
Grab your 14-day StocksToTrade trial today — it’s only $7!
My Final Thoughts…
Due to their incredibly quick price action, low float stocks are not for the faint of heart. You must have a solid trading plan in place.
But if you can understand the patterns and master the volatility, they can offer incredible opportunities for growing your account.
Stay ahead of the game by educating yourself and reading my free Sunday watchlist for weekly low float stock ideas.
And for access to even more of my watchlists, subscribe to my StocksToTrade Advisory service.
Every STT Advisory member gets a monthly newsletter with my top stock picks, three weekly videos that show what I’m currently watching, bonus reports, and more.
Sign up for StocksToTrade Advisory right here!
And to learn more about trading low float stocks, as well as other strategies, join our StocksToTrade community.
We have tons of free live webinars.
They run all day and offer trading tips and tricks, information about how we use our proprietary Oracle system, and other valuable training.
Have a great day, everyone. See you back here tomorrow.
Tim Bohen
Lead Trainer, StocksToTrade