Penny Stocks Pre-Spike
Traditional stock traders buy low and sell high …
My students take things one step further, both buying low and selling high, and then selling short when prices begin falling and buying to cover. This helps us make profits both on the way up and the way down.
But there’s one question you have to be able to answer to do this: How do I find penny stocks before they spike?
If you want to be able to go long and sell short, you have be able to identify when a stock is spiking.
If you don’t know that it’s going up, you’re still able to sell short at its peak — but then you’re only getting half of the profits. And if you can’t tell when the peak is happening, you risk getting squeezed on the position you’re holding long.
Continue reading “My Secret Formula For Finding Penny Stocks Pre-Spike”
