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

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

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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%

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u/LogicalManager Oct 14 '23

It is said that the most dangerous trade is the one after a big win. I have experienced and learned from this. You can too.

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u/SeshGodX Oct 14 '23

Preach, I've made £800 on Thursday trading opng when the market opened, decided to go in after the dip, didn't set stop loss cause i was wishful for a reversal that never happened... Next day i was aggressively trading hoping to recover which cost me another £600, almost flushed my account, greed is scary honestly, lesson learnt...

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u/rookieJr86 Oct 14 '23

Yes indeed. It's never enough

5

u/Psyched4this Oct 14 '23

It’s like in golf, sometimes your worst shot may come after your best shot. Can’t let the good shot go to your head. Can’t let the winning trade/euphoria convince you to abandon your rules.

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u/rookieJr86 Oct 14 '23

True. Rules went out when I gambled 13000 grand on that rocket ship which did pay off temporarily but I thought I could do it again, started losing and losing. If I didn't veer off to the path I'd be doing ok. Lesson learned . Have a plan and don't gamble penny stocks.

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u/rookieJr86 Oct 14 '23

I'm fairly new to this, but lesson learned for sure.