Get market news before the mainstream guys hear about it…
"A Stock Chatroom Where Two Ex-Hedge Fund Traders Spoon-feed You Wall Street Rumors & News Alerts…" The StocksToTrade "Breaking News" chatroom shows you new trade ideas each day (before the mainstream news guys even wake up). Hey, Tim here.
Yesterday morning's price action scared a lot of traders...
Tons of stocks were red to start the day — even Wall Street favorites. But there are still opportunities in pretty much any kind of market. But you gotta know where to look.
Biotech penny stocks can offer great trading opportunities. Trading is the key word here.
Too many traders buy these stocks, then hold them. And that's why red days scare them.
They see their accounts in the red and panic.
I always expect the worst from these penny stocks, so I'm never disappointed. And rule #1 — cut losses quickly — helps keep me safe from huge losses.
So if you're buying and holding these sketchy stocks, it's time to get your head on straight. Time to ditch the bad habits and learn to trade the right way...
Focus on the process, your mindset, and the patterns.
Yesterday morning was a good reminder that stocks don't just go up.
So, before you take a trade — have a plan for entries and exits. Yep, whether it's taking profits or cutting losses quickly.
Just don't buy and hold forever. Especially biotech stocks ... Many of these developmental companies may not even have a product on the market.
And I hate to see traders learn the hard way.
So I'm reminding you again... Sponsored Content If you're tired of grinding your life away…
If you've had enough banging your head against the wall, figure it out…
If you're ready to look at yourself in the mirror and say - "I'm not doing this anymore"... Consider trading these stocks — but don't invest in them.
Take advantage of the trading opportunities when they present themselves. Trade the news and hype — then move on. Only take the best setups for your strategy.
Boost your trading knowledge with these top 10 biotech stocks I'm watching this week.
— Tim P.S. The Breaking News Chatroom is the perfect secret weapon for any trader. It's where two ex-hedge fund guys spoonfeed you Wall Street news and rumors every trading day. If you want to see how they can help get your trading to the next level… then click here to see more
Your Wednesday Reads Is TD Ameritrade Good for Day Trading? Complete Review Your broker and platform are your tools of the trade. It's important to have the right one for your trading style. You MUST do your research! Start with my full review of TD Ameritrade, then decide if it's the right broker for you. Get Wall Street Rumors and News before the "mainstream" guys are even awake If you want to get the latest Wall Street News and rumors every trading day… Then you NEED the Breaking News Chatroom. Student Spotlight Roundtable: 4 Traders Share Their Biggest Challenge Lessons So Far This year, the markets have been full of opportunity, volume, and volatility. What did these 4 traders do to find their groove in the markets? Find out their stories and start putting the lessons to work in your own trading.
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Wednesday, February 24, 2021
10 hot biotechs for your watchlist now
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