Howdy traders, it’s Matt here.
Most people know a good opportunity when they see one.
Even traders that lose … they probably picked the right stock but didn’t get there in time.
These spikes don’t last forever.
Which means if a trader is late to the move, there’s not much of a chance they’ll profit.
But there’s an opportunity coming that we still have time to get in front of …Â
We’re in the middle of a long weekend right now. The market is closed on Monday. And that means stocks have an extra day to build momentum.
Here’s how I plan to find the biggest runners before they start moving …Â
Different Ways To Scan …Â
When I first started out, I was watching my scans all day trying to be early for big spikes.
It works … and it’s a viable strategy.
I started before the market opens and I took at least an hour to run through all the hottest stocks, pick my favorites, and create solid trade plans.
But that schedule is pretty demanding.
There’s a lot of screen time and even after I was done with my research, I still had to pay attention to the charts once the market opened so I could make a trade.
At the end of each day, I was so tired from staring at my laptop.
So I took Sykes’ advice …Â
He has a tool that alerts users whenever there’s a stock ready to start running. And since we trade in the same niche, I gave it a go.
This is easily the best trading tool in my arsenal.
I still wake up before the market opens to plan my trades, but now I don’t have to search for stocks like a needle in a haystack. This tool brings the plays to me.
Now I can trade during the day and I still have the energy to chill with friends and family at night and on the weekends.
Trading is about finding a process that works for you.
If you’ve been unsuccessful with your current tools. Try upgrading.
I’ll see you in the next letter.