In penny stock land mainstream news doesn't matter…
The only thing that matters is individual stock news. And we have the tools to help you find it — FAST.
And it can mean you're one of the first traders ready to pounce on a perfect trade
opportunity…
So today I'll highlight the news that moved two big percent gainers yesterday. Plus, I'll show you how you could've traded these Breaking News Chat alerts — including the best entries and exits.
These are the types of gains that can really grow small accounts!
Try everything StocksToTrade has to offer with special pricing…
Sykes bought 47,500 shares with only $4,512.50 of capital. He entered at $0.095 and rode his position to $0.1101, making a $692 gain. He made just over 15% on this trade!
Those are the types of gains traders with a small account should look for.
Sykes likes to dip buy, so he bought BMXI on a pullback after it had already spiked. And he sold into a push above the previous intraday high.
I prefer to buy strength, so here's how I would've traded these two gainers…
How to Trade Breaking News Chat Alerts
TYDE started to spike almost immediately after the Breaking News Chat alert. If you were quick enough to buy it as the news broke, it was a good entry as the stock broke its intraday high.
But if you missed that initial entry, TYDE offered traders another chance…
A few minutes later the stock broke through the intraday morning high again. That's where you could've entered as volume picked up.
After a couple of big green candles, TYDE had a volatility halt.
If you don't sell before the halt, I recommend new traders sell right after a halt. That's because you never know which direction a stock will go when it reopens. You want to avoid that unnecessary risk.
Selling at the $1.50 half-dollar level would've been a safe exit.
Of course, you can be more aggressive and hold if things are working for you. But is it worth it for only another 25-cent move?
Remember, these low-priced stocks don't have the range of higher-priced stocks that trade in the $5-$20 range. They typically don't spike by multiple dollars per share.
Now let's look at the second big gainer of the day. I would've traded it differently than Sykes…
Another Hypothetical Penny Stock Trade
Like TYDE, BMXI also spiked immediately after the Breaking News Chat alert.
But this true penny stock was lacking a key indicator — volume.
It's a good example of why you shouldn't blindly buy any news alert. You still want to wait for a pattern and the indicators that show you there's a potential trade.
So the right move with this stock was to wait for high volume to come in ... And it picked up just as BMXI broke its intraday high…
You could've bought as it broke the high of the day using the low from the previous dip (which was also VWAP — see why that's important here) as your risk. And sold into the high volume consolidation near 11 cents.
If you like Tim Sykes' trading style join his event TONIGHT. He'll show you why the next 46 days in the market are crucial for traders to grow their accounts.
Tomorrow at 8 pm ET, Tim Sykes is going to show you why he believes you could potentially grow a $1,000 account into $10,000 or more in the next 46 days.
It's all thanks to a 46-day account acceleration profit window that has only opened up twice before.
Once in 2009, after the housing crash…
Once in 2020, after the Covid crash…
And it's happening again right now.
If you've been looking for a new way to trade in these down markets…
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*Please note that these kinds of trading results are not typical. Most traders lose money. It takes years of dedication, hard work, and discipline to learn how to trade, and individual results will vary. Trading is inherently risky. Before making any trades, remember to do your due diligence and never risk more than you can afford to lose.
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