Famous Millionaire Trader Reveals His Secret Formula For Finding Penny Stocks Pre-Spike

This is an article by famous millionnaire penny stock trader Timothy Sykes.

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 lets us make a profit 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.

Basically, being able to tell when a spike is occurring is pretty important for penny stock traders.

Want to find penny stocks pre-spike? Follow these 4 rules to spot them before anyone else.

Unfortunately, there’s no 100% guaranteed rule that’ll tell you what every stock will do in every situation (and if you find something like that, give me a call!). But there are a number of signals you can use to predict when a spike will happen.

I’ve developed these rules throughout over 15 years of trading penny stocks. Learn them. Love them. And use them to make yourself a better penny stock trader.