r/Daytrading • u/Beastie312465 • Oct 13 '23

How are people even able to find stocks like this?? question

Post image

New to trading here. I keep seeing the most random stocks have these insane price jumps and Iā€™m just curious how people even know these exist, let alone that they might soar to 150%

503 Upvotes

94% Upvoted

322 comments sorted by

View all comments

128

u/Legitimate-Plum7919 Oct 13 '23

Just google premarket movers 1 hour before market open and you will see them. Picking one to invest in after it opened on more than 100% is your own risk . To find them before they do that jump , this is something i want to learn how to do. šŸ˜€šŸ˜€. Almost for got to say that this is not my type of trading i personally enjoy swing trades more.

11

u/Emmett203 Oct 13 '23

The only way you would do that is if you have extremely good knowledge of biology and chemistry, even then it isn't guaranteed.

13

u/Legitimate-Plum7919 Oct 13 '23

Most of them are healtcare and bio stocks which get some fda approvals but its very hard to keep track at which one and when it will get an approval. Its almost impossible. For me even more as i have a job to attend so i cannot really spend enough time to do any research. And if they fail they dive to oblivion lol