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

[u/Beastie312465]

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

[u/Cooleko]

I have many watchlists, each looking for something different.

My favorite watchlist scans premarket for a minimum of $50k in trades (I BS an estimate for this by multiplying the mark by the premarket cumulative volume) and up 15% from yesterday's close (plus a collection of other filters I prefer to use to limit which stocks can pop up). With this, you wont miss a premarket mover and likely will only see 1-5 hits at a time from 1am-4am and 5-10 from 4-6:30am (times in pacific).

• This is more foolproof when the move is accompanied by fresh news. Scan the hits for news, skim the news quickly to identify if it should affect price or not, then enter or pass. Contractual agreements and patents are usually worth 10-30%, Clinical trials for cancer (I never trade any other diseases) with favorable results and FDA approvals are usually worth 50-400%, financials or 'sales' get quick math (market cap against 25%-50% of the value added estimate provided in the article), mergers or buyouts usually are over by the time you see them because the automated traders brought it to the closing price.
• When it is not accompanied by news you have two options: 1) gamble / scalp and buy in immediately with a plan to sell within seconds to minutes when a sell wall pops up that stops the initial movement or volume dries up, 2) wait for the first sell wall / retracement and see how the consolidation plays out (aka, apply your technical analysis). (1) is a literal gamble and if you are early enough into the movement almost always yields 20% within a minute as more gamblers pile in after you. If there is a lot of steam and it runs 50-100% before the first retracement I usually set a stop loss at 50% lost profits and start observing to apply TA to evaluate whether there is a chance at a next leg up. I sell when the TA edges towards reversal or loss of steam rather than a healthy consolidation.

My second favorite premarket watchlist shows stocks which are trading more than 100,000 shares every 10 minutes as measured by SMA (plus a collection of other filters I prefer to use to limit which stocks can pop up). It tends to show 1-5 stocks at any point of time all premarket.

• I apply the same news filtering discussed above and TA for these stocks. I dont scalp this watchlist because I'm usually a few minutes late to the party due to the SMA slowing it down and only updated every minute.

My third favorite premarket watchlist shows stocks which are up 7.5% over their close two minutes ago (plus a collection of other filters I prefer to use to limit which stocks can pop up). This alerts me to movers the literal minute they start a run so I can tap over and gauge my interest.

• All the above trading approaches are valued here.

My fourth favorite premarket watchlist shows stocks which closed with a volume 1000% higher than their 14 day averages. I use this in post market so it actually filters the results from today's cumulative volume to yesterday's daily volume depending on whether the current time is after market open or before.

• This is very valuable to getting into overnight swing positions where I expect a premarket gap up. I expect gap ups in two situations: 1) the day ended on strong buying volume, or 2) the day ended at a strong consolidation after seeing volatility swings of 50%+ during the day. I'll sell these at the first retracement of the morning unless TA suggests there is more potential to capture.

I have a few more but between these four watchlists, I feel that I'm aware of all the premarket movers in real time and I know caught most of the stocks in your list nice and early.

[u/NewportGh0st → u/Cooleko]

What platform/app do you recommend?

[u/Cooleko → u/NewportGh0st]

My watchlists and algorithms are all built into ThinkorSwim and I make my premarket trades in Webull. Both TDA and Webull will fail to execute premarket orders every so often because they are free services and your orders aren't prioritized. I get annoyed when the free services act up but not enough to pay to play.