I find that completley dependant on volume. I prefer to watch stocks with a float that is under 100 million but if a stock has volume that can be impressivly half or more of the float it's worth "watching".

I agree with prasky about the volume, but 20-25M is a sweet spot. You want the ownership of the stock to completely flip during a heavy day of trading. The more times it flips, the higher it will go. By the way, the high float is a key indicator of a shitty management team. It usually means they’ve had quite a few public offerings to keep their doors open.

Agreed, float alone is not enough. It depends on volume, price action and the chart. Also % of shares owned by institutions can indicate whether the price action will be "inorganic" if that makes any sense...

Basically "lower float + high volume". All my scans are on TOS and I filter for less than 40M Shares Outstanding (float + unavailable shares to the public).

Very nice!

Once again Papajohn, congratulations in your amazing performance, a quick question, who is your broker ?

@nirvanaghk I use e trade and IB

Good job! Keep posting please. I learn alot from your blogs being a new trader myself.

@williammorris16 Yeah, thank you. I guess it does really come down to being a new trader. 1. my confidence isnt great 2. Im not properly planning before trades. Thank you for the help.

I miss dozen of them a day. You can’t trade them all and you need accept the idea your eyes can’t be everywhere. If you miss trades on stocks you are watching closely then its another problem : you might have the fear to pull the trigger when things are setting up. That means you’re most likely not prepared enough. Prepare your trades more. If the things you’re looking for are lining up, you shouldn’t be hestitating. Try visualization. Be in the trade even before it actually happens. Good luck

don't focus on what you've missed. that'll destroy you. focus on opportunities.

Having a plan will help. I had the same problem and got pissed off i kept missing opportunities so i wrote this blog: http://profit.ly/user/TradeSmall?id=2713354

wasn't another source of info?, a site,newsletter ?

@nirvanaghk nope. Just lots of hard work, studying and time watching the market

Very specific how your going trade each ticker.

@Lx888 this is a good example of what I do for my watchlist every night. I usually write it down in a notebook but maybe I’ll start posting them here more often.

Great analysis, enjoyed, very informative Thanks

thanks

Thanks for the video! Very useful

Thanks

Are big dollar stocks really easier than stocks under $10? I remember reading that you're competing against algos and other big players pretty much. I may check out awesomecalls since you recommended

Arik: I enjoyed your video, I keep following you, now you are getting with the big leagues. Congratulations !!!

Arik: I'd like to know who you are trading with, could not cacth it from the video, Really appreciate it, thanks

@nirvanaghk I think he mentioned awesomecalls.com alerted.

I really enjoyed your essay, keep it coming, make it into a BLOG. Good read

Palmer:

I watched your video, thanks, in TOS Shares are not float

@wannabestocktrader i just feel that if price ticks down then to my original price I see that as a psychological, oops, I'm wrong thinking it;s coming back down. but you are correct...i should 'finish' the order since it is part of the original plan

@nirvanaghk it's not exactly the float, it's a little higher, but it is not outstanding shares either. if you look at shortsqueeze.com, yahoo, google, they are all different also but close enough to get some kind of number. i think it depends on the date of the data

Uhhhhh CYCC, INNL, BNTC, so many more too, are you not reading my watchlists?

Alot of good breakouts - read Tims list and watch for biggest % gainers in STT

Truly sorry to hear that about your Dad, God bless and thanks for all you do!

Take it easy buddy, take as much time as you need. We appreciate you.

Sorry about the loss of your dad, Arick. You are a great trader, and an even better genuine human being sharing all that you do. Keep your head up and thanks a million for all the help you've given to me and so many others with your videos and being real.

Take care of you and yours, and when the time is right you'll find yourself back here doing what you enjoy doing.