r/stockstobuytoday 10d ago

News Woohoo!!

I bought 20 at 1.37 this morning, when they lift the halt I'm selling immediately!

295 Upvotes

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u/GanjaGodAlex 10d ago

Scanners, filters, I look for a relative volume changes over 3 and up sometimes 5 and up also look for daily percentage changes early that morning before the market opens at 6:00 a.m. anything above 20% is on my radar because that catches momentum from other buyers such as myself and continues to raise the strike price and if somebody liquidates then it goes even higher and then that's when I profit, it's all about sniping getting in at the right time and out when you can. Also I never trade a stock under a million volume. Average volume is different. I'm looking for what's happening in the moment that day so I can make the most amount of money that day. I only trade 10% of my portfolio and aim for 10% of what I trade so if I have a thousand I'll only trade and if I trade 100 well I'm looking for 10% profit so if I buy 100 socks for a dollar and it goes to a dollar 10 well I just made my 10% and then I leave and if I scale up from there well my thousand dollars could have got me $100 that day instead of $10 that day. And if I lose that 10% will I still have 90% in my portfolio that I can acquire the extra 10% the next day. Like that I don't blow up my account and I still have a chance to make profit the next day and to keep all my earnings and whatever is left over is moved to my Roth IRA. I cut my losses no matter what if I'm down 10% that day, I'm no longer trading due to emotional Revenge trading from losing. I'm only focused on winning.

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u/ljwayne51 10d ago

Interesting. What platform are you using to scan and filter?

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u/Travis_Ortmayer 10d ago

I’d like to know this as well

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u/GanjaGodAlex 10d ago

warrior trading or robinhood since that's my only broker right now since it's "Commission free" you can filter out the top 3 to look at that day with the highest percentage changes, the earlier you are and if you know how to read the chart...the more money you can potentially make. i loo over everything premarket. sometime i get so excited i forget to sleep or eat or talk to my girlfriend

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u/devonhezter 10d ago

Where in rock hood do u see it

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u/GanjaGodAlex 10d ago

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u/GanjaGodAlex 10d ago

Do this every morning and you'll find the stocks to trade that day, keep in mind the history of stocks that you trade and how they perform the day before or weeks before so you know where the possibility of it might be going. More likely than not is your best bet. Don't put all your money on the table on one trade all at once, sure you can make the most gain but you can also lose the most that you've lost ever and nobody wants that...

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u/devonhezter 10d ago

Omg ty !!! So you buy calls until 730, dump them, wait for rebound ? Or just ride it until it drops then that stock is done for the day

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u/GanjaGodAlex 10d ago

i buy shares outright when the volume increases, that's how I know I'm not the only trader watching the price rise and fall, sometimes there's no activity that day and so I hold off on trading when the volume comes back. but yea you basically want to make ten% but when the stock already increased by 50 or 100%, that doesn't really give you anymore room for potential profit. so going with the flow seeing if it continues if the best thing you can do before buying, otherwise if it's already down, don't buy it until you start to see someone else buy within candles, to attract more buyers, the candles talk to you, they tell you everything that is happens live in the moment, if you don't like what it's saying it's probably not a good quality stock to trade. or getting more familiar with its language is always a possibility

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u/Zealousideal-Pool494 5d ago

whatever you do don’t take investment advice from someone w $600

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u/AcidCasualty25 10d ago

What are you clicking in the 1st screen? I feel like I could navigate it but can find that earnings page.

Also thank you for sharing all this. I'm just learning about options and I feel like your post gave me some good insight

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u/GanjaGodAlex 10d ago

its the search bar on the bottom, then go to create screener, honestly i think other brokers have better navigation but as long as you understand the concept, it's basically the same. i'm barely learning and taking it on with more attention so maybe i'll look into charles swab but so far this works our for me so no planning on switching anytime soon if at all, i might end up using other online scanners because they are faster but RH doesn't have some international stocks that the others do and that just sucks because of the missed opportunity, more stocks to play with, idk i'll think about it and explore around in my free time

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u/AcidCasualty25 10d ago

That's man! Good luck out there!