How to Find & Trade penny stocks (home runs 50% to 100% runners ) day trading the stock market. Today I'll show you what a penny stock home run
looks like and justify it while also going over how I found it on my scanner.
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HOW I FOUND THIS PENNY STOCK:
1: I have a scanner on my broker which allows me to see the top gainers/losers which you can find on any other broker or for free on the internet.
2: TKAT started making its way up to the top of the list as other stocks started losing volume and it started gaining volume.
3: I looked for a gap in the stock to confirm there's buying pressure (I.E big green candle)
4: I confirmed the price action
5: I waited for the stock to take its natural course.
6: My stop loss is under the last red candle wick.
FINALLY only trade penny stocks if you're experienced otherwise you can blow up an account.
DISCLAIMER: This is for educational and demonstration purposes only, Not a financial advice, and you should always do your own research on stocks , penny stocks and the stock market, results are not typical, Research brokers to use.
