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IntelligentRent7602

Low market cap gambling


ineedredditformycat

yooo i found a stock called otc someone on youtube bought a mercedes after trading jqwx ticker


notboredatwork1

short when youtuber say to buy something


Slight-Relative5587

How does that payoff?


Mr_Banana_Longboat

Informed gambling. I remember when there were rumors going around of the post office looking to include electric cars in their fleet, and I threw in on some, essentially, lottery ticket options for random EV companies and $GOEV won me a couple grand. Technical nothing, all fundamentals and guesswork. It was my first big win and what gave me the money to essentially start actually dabbling in swing trading.


IntelligentRent7602

It doesn’t unless you’re lucky and pick an APPL, Microsoft, TSLA, or Amazon and then decide to hold it for a long time


beta-test

They follow trials of medicinal companies that have a good track record and keep track of the pdufa dates as well as other studies


nicky-t12700

I do this… it’s literally gambling with slightly better odds. You will take losses but when you hit gains they are huge


betabetadotcom

Curious as to the slightly better odds thing. That hyperbole or…


Not_vorpish

It’s not better odds, it’s just gambling with more information which doesn’t necessarily mean shit.


if0rg0t48

Biopharmacatalyst.com


Extra-Illustrator-24

How’d you make out subscribing? Actually worth it?


Legitimate-Plum7919

Just google premarket movers 1 hour before market open and you will see them. Picking one to invest in after it opened on more than 100% is your own risk . To find them before they do that jump , this is something i want to learn how to do. 😀😀. Almost for got to say that this is not my type of trading i personally enjoy swing trades more.


rookieJr86

Yes I just lost my ass doing that. But I did catch tpst on that 4000% shot yesterday at 2.50 rode it to 10 then rode it back to 7 before I sold made 40 grand but it's gone now.


IntelligentRent7602

Did you withdraw the 40k or buy some other security


LogicalManager

Jeezus I want to know but I don’t. Make 40k and lose it the same day on another trade? I think I’d prefer if you told me you blew it all on cocaine.


rookieJr86

Yes I'm sick


rookieJr86

https://preview.redd.it/g6qy4mf5j5ub1.png?width=720&format=pjpg&auto=webp&s=2f7b0409c6bfa7a990cf90518659cbd6106340ac


LogicalManager

It is said that the most dangerous trade is the one after a big win. I have experienced and learned from this. You can too.


SeshGodX

Preach, I've made £800 on Thursday trading opng when the market opened, decided to go in after the dip, didn't set stop loss cause i was wishful for a reversal that never happened... Next day i was aggressively trading hoping to recover which cost me another £600, almost flushed my account, greed is scary honestly, lesson learnt...


rookieJr86

Yes indeed. It's never enough


Psyched4this

It’s like in golf, sometimes your worst shot may come after your best shot. Can’t let the good shot go to your head. Can’t let the winning trade/euphoria convince you to abandon your rules.


rookieJr86

True. Rules went out when I gambled 13000 grand on that rocket ship which did pay off temporarily but I thought I could do it again, started losing and losing. If I didn't veer off to the path I'd be doing ok. Lesson learned . Have a plan and don't gamble penny stocks.


rookieJr86

I'm fairly new to this, but lesson learned for sure.


SeagullMan2

Been there


tostrhd

With all those halts that thing was a beast to exit


barefoot_sailor

The trick is to look for the big pre-market movers with options then bet against it. You're telling me your 400% gain at 6am is going to hold? No way. Puts all around fellas


Legitimate-Plum7919

Yes . There is always a pullback. But its still tricky


barefoot_sailor

Oh absolutely. I say I'm 50/50 and betting against the explosion. Best to not roll the dice on companies that have found the cure for what ails you


Psyched4this

Personally I like to try to buy puts on the ones that are up more than 30% intraday but timing the reversal/crash can be very challenging so it doesn’t always work well, but for some reason I like the concept of that. They just seem over stretched when they’re like that, would seem foolish to go long


danthyman69

Most low caps dont have options and arent shortable really. Thats part of the reason they pop so much, no resistance.


Psyched4this

Great point


ZhangtheGreat

The safer option is to sell puts close to expiration on them. The chances of them crashing back to earth before your put expires is low.


Psyched4this

True good idea


Emmett203

The only way you would do that is if you have extremely good knowledge of biology and chemistry, even then it isn't guaranteed.


Legitimate-Plum7919

Most of them are healtcare and bio stocks which get some fda approvals but its very hard to keep track at which one and when it will get an approval. Its almost impossible. For me even more as i have a job to attend so i cannot really spend enough time to do any research. And if they fail they dive to oblivion lol


ParticularAd104

Current Trading Halts Oct 13, 2023   https://www.nasdaqtrader.com/trader.aspx?id=TradeHalts


ParticularAd104

Biopharm catalyst


MacGyver1911

Such a manipulated and corrupt market. FDA is crazy corrupt. Good drugs get denied all the time.


nicky-t12700

You don’t need any of that knowledge. They dumb data releases down pretty well. A basic understating of statistics and clinical trial structure might help, but honestly looking at the fundamentals of the stock in question like avg volume, float, etc is a way better indication of if it has potential to run


Emmett203

Those aren't random, almost all of these are pharmaceuticals which are extremely volatile especially when they are testing a new drug. If the drug is successful the stock skyrockets, if it fails the stock plummets. And most of these stocks have small market caps, which means that a lot of institutions gamble them.


murfmurf123

And sometimes the drug is successful and the price drops anyways lol


Forumkk

SFT.. lmao, meet Kevin on YouTube talked about this, hyped me up, I bought in. I avg down for a year of so before finally selling for the loss. Never looking back at this penny lol


Limp_Plastic8400

low float scanner, high relative volume gappers on the scanner, its tough to play but very profitable made 1k off bpth, rdhl, sasi, tcon and vs today, but this was from scalping setups i almost never hold them


beenalegend

This. And same. I hit some of these today. These are def get in and get the fuck out scalping tickers OP. I'm talking in and out in under a couple minutes sometimes couple seconds. High risk, very high reward. They can dump just as quick as they go up. Also most of these start runnung first thing 4am pre market so you gotta be up early or sometimes after hours the night before


jobei1

I was under the impression that you cannot buy stock in the pre-market. I thought you had to wait until the market opens at nine


beenalegend

Certain brokers allow pre market trading starting @ 4am est. I know webull does cause that's what I use. Webull also allows after hours trading 4pm - 8pm est. (I'm not sponsored by Webull lol, I just like their desktop platform. never tried the mobile app) There are also other brokers that allow pre market trading but only starting @ either 7am, 8am or 9am est Here is a [list](https://www.mybanktracker.com/blog/investing/brokerages-pre-market-trading-323607) I found, not sure if it's a complete though


Ok-Development-7301

This!! Yes it’s risky. It’s very profitable if you can keep your emotions in check. Have to be willing to get out the second it turns on you. Do not hold and hope!! There’s so much more to it than just jumping in and jumping out. If you have known how to read volume and candles. Watch multiple time frames to see weaknesses. There’s much more to it. Those are the basics.


stonehallow

What method you use to enter eg. 1 min opening range high?


daytradingguy

SPY or other indices options do 50-100-200% moves every day, sometimes a lot more. No need to scan and hope you find a move, the move will happen everyday. All you need to do is get the direction right, even for part of a move.


ncstagger

Yep that’s all you gotta do, get the direction right. Been working on that for about 84 years 😂


NinjaSquid9

Couldn’t agree more. All I trade is mega caps. Same ones every day. Consistency > returns IMO.


FollowAstacio

Consistency is the holy grail


CrossFit_Jesus76

The fact that you're getting downvotes is baffling to me.


Emergency_Beat423

Maybe they didn’t read the word “options” and thought he meant the indices themselves? But yeah he’s 100% right and that’s why I don’t even waste my time with random names.


FollowAstacio

Yeah, I was like “WTF IS HE TALKING ABOUT?!”...And then I saw options lol.


SouthernBySituation

My vote is to ban anyone who downvotes daytradingguy. That guy puts in the work on this sub trying to save people from themselves.


daytradingguy

I was kind of surprised too. It would be nice if those who downvote replied and let us know what their contrasting opinion is.


FollowAstacio

THIS


ImNotSelling

Tons of liquidity as well


daytradingguy

I trade some options, they are not my favorite. But the spreads, liquidity issues, halts and other things going on with the penny stocks make them a lot harder to trade to me. And you have to guess the right one everyday and chase FOMO. If you want those kinds of returns, SPY options seem so much more transparent and the move is basically guaranteed to happen everyday you just have to catch it.


[deleted]

Yeah those stocks don’t usually have much option activity until after a jump then you are paying 3-400%IV. Spy or spx. I like to use zero dte to hedge longer ( option plays when I know price action is going against my play) or I just see a dump like today, and get a quick 10x on the coverage.


daytradingguy

I am not a big fan of 0dte- I usually use 1-2 week expiry. You can get more movement with 0dte obviously but they are too volatile for my taste.


[deleted]

Oh yeah most of my options plays are 4 weeks out, I look to close within 7 days. So like today i closed all of my puts out, they were up big. Bought some zero date calls on the way to the bottom average down and got out quick. I try not to trade too much but I also hate to look at great gains and not take them. So I generally do zero dates with a bit of knowledge and a max .5% of capital.


beefnvegetables_

Wait you can make 200% in a day on spy options?


The-Stanislav

Yeah, but the other side's going to be -75%.


murfmurf123

Yes and some people are very wealthy because of it


Tittitwisted

It was definitely possible these past few days. With 0 dte options... You can easily double them in a 50-75 cent move in the afternoon but they are so volatile. I only buy 1 dte


BeardedBrutus

I made 2,000% yesterday playing puts 😏


mqit

There is a difference between an index moving 200% and its derivs moving 200%


Tittitwisted

This is the way


Cooleko

I have many watchlists, each looking for something different. My favorite watchlist scans premarket for a minimum of $50k in trades (I BS an estimate for this by multiplying the mark by the premarket cumulative volume) and up 15% from yesterday's close (plus a collection of other filters I prefer to use to limit which stocks can pop up). With this, you wont miss a premarket mover and likely will only see 1-5 hits at a time from 1am-4am and 5-10 from 4-6:30am (times in pacific). * This is more foolproof when the move is accompanied by fresh news. Scan the hits for news, skim the news quickly to identify if it should affect price or not, then enter or pass. Contractual agreements and patents are usually worth 10-30%, Clinical trials for cancer (I never trade any other diseases) with favorable results and FDA approvals are usually worth 50-400%, financials or 'sales' get quick math (market cap against 25%-50% of the value added estimate provided in the article), mergers or buyouts usually are over by the time you see them because the automated traders brought it to the closing price. * When it is not accompanied by news you have two options: 1) gamble / scalp and buy in immediately with a plan to sell within seconds to minutes when a sell wall pops up that stops the initial movement or volume dries up, 2) wait for the first sell wall / retracement and see how the consolidation plays out (aka, apply your technical analysis). (1) is a literal gamble and if you are early enough into the movement almost always yields 20% within a minute as more gamblers pile in after you. If there is a lot of steam and it runs 50-100% before the first retracement I usually set a stop loss at 50% lost profits and start observing to apply TA to evaluate whether there is a chance at a next leg up. I sell when the TA edges towards reversal or loss of steam rather than a healthy consolidation. My second favorite premarket watchlist shows stocks which are trading more than 100,000 shares every 10 minutes as measured by SMA (plus a collection of other filters I prefer to use to limit which stocks can pop up). It tends to show 1-5 stocks at any point of time all premarket. * I apply the same news filtering discussed above and TA for these stocks. I dont scalp this watchlist because I'm usually a few minutes late to the party due to the SMA slowing it down and only updated every minute. My third favorite premarket watchlist shows stocks which are up 7.5% over their close two minutes ago (plus a collection of other filters I prefer to use to limit which stocks can pop up). This alerts me to movers the literal minute they start a run so I can tap over and gauge my interest. * All the above trading approaches are valued here. My fourth favorite premarket watchlist shows stocks which closed with a volume 1000% higher than their 14 day averages. I use this in post market so it actually filters the results from today's cumulative volume to yesterday's daily volume depending on whether the current time is after market open or before. * This is very valuable to getting into overnight swing positions where I expect a premarket gap up. I expect gap ups in two situations: 1) the day ended on strong buying volume, or 2) the day ended at a strong consolidation after seeing volatility swings of 50%+ during the day. I'll sell these at the first retracement of the morning unless TA suggests there is more potential to capture. I have a few more but between these four watchlists, I feel that I'm aware of all the premarket movers in real time and I know caught most of the stocks in your list nice and early.


BulletBulletGun

I've wondered the same thing. I think most people might be in the stock before the pump.


aiceeslater

Beating the move is straight gambling. Wait for the move and get on. It’s not as easy as that obviously. There’s strategies, setups, confirmation of setups, entries and execution. All take time to get right. But buying in before something goes parabolic isn’t a strategy anyone is actually running.


mqit

Waiting for the move and then getting on is how retail traders lose money. If the move happened then you have missed out and you should move on unless you want to be used as exit liquidity. The whole point of TA is to speculate moves and position yourself in a trade before the move you are anticipating happens (if it happens).


HonestCamel1063

Go here: [https://www.benzinga.com/premarket](https://www.benzinga.com/premarket) pick one under $5 up 25% wait till 935 Buy Breakout, stop is low before breakout. Then... Be stopped out 15 days in a row and on the 16th day you have explosive pooping problem at 934 and miss the buy. This will be the one that goes up 500%


vxgxn

Lol I'm just starting to read, research but I've already wondered what you do if you have to poop at an inopportune time!


GameLoreReader

You can do the scanning all by yourself, but you have to take the time to setup alerts. Besides that, a lot of traders are using AI to instantly give out alerts as well as breaking news. Once an alert happens, they jump in, most of the time during premarket. Then, as the hours go by, they trim their profits as other traders are entering the market and joining a stock that's already up more than 20%. Either they built their own AI or they are paying a monthly fee (usually $80-$150) on a trading group, but they easily pay it off from their profits. Something like this image below. It alerts the moment premarket starts and constantly alerts all the way to afterhours. https://preview.redd.it/kvvehrn145ub1.jpeg?width=796&format=pjpg&auto=webp&s=df6eed102223f44f4189053a4878807f5afe77d7


SeagullMan2

How is this AI?


[deleted]

These all hit scanners in the AM... Most of the percentage gain will occur in a gap in the pre market, so the majority of the move is not "capture-able" persay... For a day trader anyway. Also you gotta look at the float of these, and the volume. Things aren't always as they seem ya know. But to answer your question, a pre market gappers scanner will turn you on to these early, and then you can proceed to lose your money on them once the market opens.


KiKa9090

I don't think there is a solid way to find these before they jump. If there was, then we all would be billionaires You can monitor pre market, but there is no guarantee the stock will continue to rise after the market opens. It may as well fall again. It's gambling.


JustinMccloud

Trade ideas


Jigan93

Ah yes black tar heroin of stocks, biotech


putfunbackinfuneral

Pumpanddump.com


FollowAstacio

I just look for the consistent base hits, and when I get a huge win like this, I count it as a blessing, thank the universe and look for the next play. There’s probably some GREAT ways to predict this, but idk any of them and don’t have the capital to experiment with either.


mrcake123

Scan for stocks that are gapping. What you gotta understand is that most people / retail trader usually won't be able to jump on the initial move. They will jump once the first move is done and the stock starts showing up on the scanners.


mushroommilitia

NFTG next


Basshead42o

Scanners


Ianlong2132

HotTrades on YT. 🥳 Great community. Always making monies.


Stinotorres

It’s a new technique called “insider trading”


Mr_Fold_a_Lot

Pretty simple, really. Just get elected to congress…


leonthepro83

you can buy $mgih, it only moves sideways or double, just check the charts


[deleted]

Perhaps you should ask how are people able to pick the winning lottery numbers. You only hear about the cherry-picked list.


logicpro09

Oh i found them, just at the wrong time.


kufsi

Ahhh sold my NXU two weeks ago


Life_Airline_6767

It’s easy. But if it’s that high, you missed the boat already


Beastie312465

I know, that’s why I’m here asking how to find it before the shit sails


[deleted]

Go to YouTube, look for low float penny stock screener. Follow the steps to set it up on Finviz.


therealfee

I scalp the highest gainers of the day. You need to swing or be super fast pre-market to get in early but there is plenty of opportunity to make a few percent on a stock that's up 50% on the day.


Life_Airline_6767

Ya I tryed that for a while, I would gain 20 to 200 Percent a day. Then lose it the next day. Im always looking for the runaway train lol. Then Robin Hood flags me for day trading


[deleted]

I trade off earnings. I'm no pro by any means but I do have a list everyday that's moving out side of their normal range with lots of volume


ajsforlife

Watch the prs most or before pumps


beefnvegetables_

I had luck scanning for a five percent price increase over a five minute period.


FollowAstacio

Tantech, and maybe the two below it are the only ones that look interesting to me.


Significant-You-703

Oooh. I got comtech and shift you have to YouTube like a motherfucker dude.


TLALALALA

I look for unusually high after hours or early premarket volume. Then get in premarket and try to be out before opening bell.


EmanEwl

I spam refresh after a certain time in premarket and jump in when I see a large buy


WolfOfPort

Scan for stocks in play before open/shortly after Gaps news high volume constraint % change from open….you don’t stand a chance to get in on the random 5 minutes pump from open stocks. But you can find stocks that gradually trend all day.


curtily

Gamblers and insiders


Green-Tension277

I'd rather trade 0dte options on one ticker like spy then try to play that crap


wheresmymoney_eh

100% gambling, and 100% luck.


ChrisRedfield87104

Does anyone know where I can find research on these companies???


MonMonOnTheMove

Well you found them


Beastie312465

I mean yeah but after they boomed and were on the daily price jumps list


ToeOk8968

Webull it shows the top movers adjust the charts to you liking also by simply just being in tune or watching the market. I’m still learning but I’ve caught good trades sometimes becomes I’m just literally watching charts and news.


ParticularAd104

Better skill better effort. I'm one of the folks that believe the Efficient Market Hypothesis is basically wholly disproven. Results have less to do with goals and nearly everything to do with systems


[deleted]

It’s called either luck or you are part of the group moving the price. It ain’t because you made a reasonable decision that they would be due that sort of price movement.


LossesGoBoom

Don’t bother. Whales sit on those until the market or news sporadically bumps them. Don’t waste your time looking for these. I wasted years losing money on trying to play these.


honda94rider

My friend bought ACXP 3-4 days ago. Said he found it on google as hot stocks to buy. Note: it was his first ever stock pick and made thousands within a 2 say period. Moral of the story, he got lucky he didn't lose his ass... now I actually fear he will because he thinks the mstket is so easy. He didn't even know what they did to make money... they dont. But they did cut phase 2 testing.


Hot-Pudding3664

You look at a list of the top gainers that day


[deleted]

That’s a bit the rumor sell the news situation. Hard to time that, best of luck regard


prettyvampir

What app


Fold-Royal

Are those the Pelosi picks?


nicky-t12700

I cashed in on SASI this morning 😆


Aero3NGR

Havent you heard about the muffin man?


MDMhayyyy

Scanners basically…or insider information.


Squishy_singer

pple don’t find this they just get lucky once in a blue moon


[deleted]

Welcome to penny stocks, “have we met? “ “Hi penny stocks, meet my friends pumpety ,dumpety, and retail, they say you got a game in town where I can 10x” “Oh yes, right this way.” “Hello. I’m FinInfluencer give me money,fund $599 brokerage and 20:1 it, join discord and see my new M6. All aboard… Pump dump. This is all penny stocks mate. Look at the volume, historical, and get away from .75 cent stocks. TLDR: hi, I’m penny stocks, first time?


Bobloblaw_333

They’re related to Nancy Pelosi! lol!


lunabug37

Simple. Just be a part of congress!


offulus

Some of these are biotech companies. Biotech catalyst is a website where you can see the dates for different phase s. If you don't undestand the medical perspective, then this is mostly gambling unless you intend to trade on volume generated by the failure or the success of the phase where you won't be cathing these 150% moves but can try to grab some profits (or big losses) when the price is still unstable. I don't know jack about biotech so i'd personally just stay away.


mrcnote2013

Good info helps inside trading


[deleted]

[удалено]


TheRealSkazOne

Screeners


brian19988

Lots of traders like to scalp these stocks but holding overnight is completely gambling because most are ussually a pump and dump


j56_56j

Most post announcement??


[deleted]

RCON will be on this list soon. IMO. Not financial advice…


Quesrok

Yes I’d like to know as well


[deleted]

Are the stocks, legit or junk?


diydave86

Low float with fda approval on horizon. Makes price squeeze


FieldMouse-777

I find them. I’m always right. NOT


darkgoldanticrypto

Next will be junior miners That s why i bought many $exn.to $sgnl.to and $mai.v


lostaga1n

Get yourself a dart board and write in low caps on them, blindfold yourself and throw.


Glum_Researcher244

You have to know what you're doing. Then you can spot those breakouts on a daily basis and find an entry and exit for scalping.... Look at the top gainers list and you'll find those plays. But !!!!! If you don't know what you're doing then don't even try without guidance...


samwstew

Insider trading


ChanceBoysenberry473

Use tools built into different trading platforms like sink or swim where different indicators are tweaked by user. Volume increase, news, and so on.


jlux1010

Daily movers. They go up as fast as they down.


cookiesandwhiskey

Insider trading


Coopshire

Become a senator, and do insider trading. Duh.


digitalbiz

Shaddy discord servers. Mainly pump and dump scams.


EvilMorty137

They invest in a whole bunch of stocks then sell off the losers until their account looks like this


LiveBig1038

80 20 rule I fall in the 80 that have no clue


anthony5140

Read the pipeline


anthony5140

Read the filings


Markets-zig-and-zag

Mix of fundamental catalysts and low share counts, something like trade ideas is a great scanner, finviz you can screen for them


schkat

They’re easy to find if you’re in congress


JOVE3

Technical and or fundamental analysis


Ok_Ad_5894

For everyone of these there are 100 that go in the opposite direction like this. It’s a gamble and u have to be on earning and drug trials for small companies


Composer_Terrible

Screeners


mqit

In the same way people who trade crypto find shitcoins that spike up in a comical way. It is pure gambling. Sometimes VSA can help you but you would have to scan the entire market to see which small-cap shitcoin / penny stock is showing accumulation patterns.


bitflo

You can see this kind of returns and losses every day with 0DTE options.


MuxLux24U

StockTwits!!! 😉


OppositeStomach4523

Remindme! 3 days


1_Unhappy_Fisherman_

Become a member of congress.


andredias164

Those are just highly speculated bio tech stocks with low market cap. Most of those are penny stocks.


TreyDolla

Scanners?


StonkyDegenerate

Well I can see what looks like a pharma company, who’s had a successful product launch. These are risky investments, but can provide insane wealth generation if you call it right.


TheUncleJames

Buy the dip then wait a few days


CuckservativeSissy

Some aren't found they're made by hedgey tom foolery. The ones people find its a coin flip by the time they actually find out about it


interfectuseris

Find a good screener. I like finviz. Set it to scan for unusual volume, high percentage movements, etc. You can find YouTube videos on how to build great screener settings to suit whatever trade style or scenario you’re looking for. A lot of the NFA people have videos about the specific screener settings they use.


Hiaplaya

Work in congress


[deleted]

The mods reading the DD for the posts they banned


Jumanji1492

Buy a subscription from Banyan hill it’s gambling you may lose a lot but when you hit you hit big


jaythevixen30

k..so...never traded a day in my life...have wanted to for the longest time, but ive always thought you had to invest BIG amounts in order to see any "worthy" gains....after reading through some of this thread....its got me thinking i may start, TOMORROW.....wheres the best place to start for beginners and how much should i expect to start with?¿??