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NASDAQ Penny Stocks

This is a list of NASDAQ Penny Stocks under $1 with trading volume of at least 100,000 today. Any stock that is trading under $1 is considered as a penny stock. Find hot NASDAQ penny stocks today.




published on May 26, 2023

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Symbol Open High Low Close Volume Percent
VSTM predictions 0.50 1.21 0.46 1.01 83477500 124.44%
PRST predictions 2.19 4.00 2.13 3.59 10727600 63.93%
SFR predictions 0.39 0.43 0.30 0.32 57025300 60.00%
ALAR predictions 2.40 3.77 2.40 3.15 8040200 45.83%
PRSO predictions 0.48 0.75 0.46 0.69 2698400 40.82%
ANNX predictions 2.10 2.85 2.09 2.85 6459700 35.71%
RGTI predictions 0.81 1.11 0.76 1.07 5744800 33.75%
TCRX predictions 2.00 3.28 1.96 3.19 4417500 31.28%
TLS predictions 2.61 3.36 2.61 3.32 2037100 27.20%
EFTR predictions 0.72 0.74 0.57 0.66 32698500 24.53%
SIFY predictions 1.30 1.61 1.27 1.58 559900 22.48%
ERNA predictions 2.02 2.92 1.94 2.32 699800 21.47%
ARQQ predictions 1.18 1.36 1.12 1.36 3763200 21.43%
RVYL predictions 0.56 0.64 0.54 0.64 200400 20.75%
MFH predictions 2.20 2.46 2.10 2.32 383100 20.21%
ONFO predictions 1.84 2.40 1.34 1.40 73841000 19.66%
VIRI predictions 1.23 1.48 1.23 1.44 1430400 19.01%
TMPO predictions 0.27 0.32 0.27 0.32 642300 18.52%
QMCO predictions 1.04 1.20 1.04 1.17 791200 17.00%
XELA predictions 4.03 4.88 4.03 4.68 1899000 17.00%
ACRX predictions 1.00 1.25 1.00 1.11 472300 16.84%
SNAX predictions 0.75 0.85 0.74 0.82 289700 15.49%
EVLO predictions 0.13 0.15 0.13 0.15 1094900 15.38%
UTME predictions 1.00 1.21 1.00 1.15 166400 15.00%
QH predictions 2.00 2.19 1.76 1.92 4768900 14.29%
FNGR predictions 1.38 1.54 1.34 1.51 109000 12.69%
EGHT predictions 3.65 4.28 3.59 4.12 4603200 12.57%
FBIO predictions 0.49 0.56 0.49 0.55 1257400 12.24%
SOND predictions 0.47 0.56 0.46 0.56 1684600 12.00%
ANGN predictions 0.99 0.99 0.87 0.95 722100 11.76%
AKTX predictions 0.17 0.20 0.17 0.19 369600 11.76%
ENVB predictions 3.76 4.62 3.76 4.32 728800 11.63%
BTBT predictions 2.49 2.89 2.49 2.77 5403500 11.24%
EEIQ predictions 2.15 2.73 2.15 2.68 364000 11.20%
REAX predictions 1.17 1.34 1.17 1.30 291700 11.11%
VRAR predictions 4.33 4.75 4.28 4.66 228100 10.95%
ARVL predictions 3.46 4.02 3.20 3.80 1150500 10.79%
CGEN predictions 1.00 1.18 0.97 1.06 2797400 10.42%
VTVT predictions 0.77 0.85 0.76 0.85 105800 10.39%
NEXI predictions 0.29 0.32 0.27 0.32 134600 10.34%
FCUV predictions 1.53 1.66 1.47 1.65 297100 10.00%
ALLT predictions 2.43 2.75 2.43 2.75 138400 10.00%
ONCR predictions 0.23 0.23 0.19 0.22 7998600 10.00%
RCRT predictions 0.20 0.23 0.20 0.22 358100 10.00%
COMM predictions 4.07 4.47 4.07 4.45 2451000 9.88%
LXRX predictions 3.06 3.24 2.94 3.18 5902900 9.66%
OTLK predictions 1.41 1.49 1.35 1.48 568000 9.63%
AXTI predictions 3.34 3.71 3.32 3.66 328700 9.58%
SURF predictions 0.73 0.83 0.72 0.81 331200 9.46%
IMMX predictions 1.45 1.76 1.40 1.75 241000 9.38%
MARK predictions 1.10 1.21 1.10 1.20 414800 9.09%
MVIS predictions 3.69 4.24 3.69 4.05 4956900 8.87%
MRIN predictions 0.68 0.80 0.66 0.74 517100 8.82%
AGIL predictions 0.79 0.79 0.72 0.74 102300 8.82%
KOPN predictions 1.62 1.76 1.58 1.74 1308900 8.75%
BVS predictions 2.57 2.91 2.52 2.86 705300 8.75%
MMAT predictions 0.24 0.26 0.23 0.25 4292700 8.70%
SHFS predictions 0.46 0.51 0.46 0.50 612900 8.70%
AAOI predictions 1.78 1.91 1.76 1.90 274400 8.57%
INAB predictions 2.58 2.95 2.58 2.81 302400 8.49%
ALZN predictions 0.59 0.66 0.59 0.64 297800 8.47%
ADES predictions 1.28 1.42 1.28 1.41 103500 8.46%
SRZN predictions 0.61 0.65 0.61 0.65 116000 8.33%
LTCH predictions 0.80 0.96 0.76 0.92 1180400 8.24%
ORMP predictions 3.80 4.05 3.65 3.96 633500 8.20%
DCFC predictions 1.11 1.21 1.10 1.19 763300 8.18%
ADN predictions 1.11 1.13 1.00 1.06 862500 8.16%
APGN predictions 0.48 0.58 0.47 0.54 903300 8.00%
LVOX predictions 2.50 2.71 2.42 2.70 141700 8.00%
VCNX predictions 0.39 0.42 0.38 0.41 200100 7.89%
RXT predictions 1.25 1.41 1.22 1.37 1738900 7.87%
ADIL predictions 0.25 0.28 0.25 0.28 141500 7.69%
NVOS predictions 0.13 0.14 0.13 0.14 5700000 7.69%
BOXL predictions 0.25 0.28 0.25 0.28 261900 7.69%
PGY predictions 1.05 1.17 1.03 1.13 3200500 7.62%
MDXH predictions 3.51 3.69 3.45 3.69 137600 7.58%
SPRB predictions 2.36 2.49 2.27 2.43 166800 7.52%
SONN predictions 0.43 0.49 0.36 0.43 13610700 7.50%
VERI predictions 3.75 4.18 3.72 4.02 532400 7.49%
RNLX predictions 2.17 2.65 2.11 2.30 198600 7.48%
ARAV predictions 1.56 1.61 1.42 1.58 280300 7.48%
PHIO predictions 3.80 4.14 3.63 4.04 120600 7.45%
UBX predictions 2.78 3.04 2.78 2.92 226300 7.35%
CYTO predictions 0.82 0.90 0.80 0.88 782500 7.32%
OMH predictions 4.48 5.07 4.33 4.74 1329800 7.24%
HLP predictions 2.38 2.53 2.30 2.52 264400 7.23%
OCUP predictions 3.65 4.11 3.61 3.89 424900 7.16%
ATER predictions 0.56 0.60 0.56 0.60 835300 7.14%
PXLW predictions 1.68 1.83 1.67 1.80 277100 7.14%
SKYX predictions 3.09 3.30 3.06 3.30 110200 7.14%
HUT predictions 1.88 2.00 1.87 1.97 6127000 7.07%
SLS predictions 1.59 1.70 1.59 1.68 149300 7.01%
REKR predictions 1.35 1.50 1.32 1.38 485800 6.98%
CLPS predictions 1.20 1.34 1.15 1.23 1004400 6.96%
BZUN predictions 3.86 4.18 3.85 4.10 405700 6.77%
IBRX predictions 2.40 2.57 2.35 2.54 2352600 6.72%
CYXT predictions 0.16 0.18 0.15 0.16 2946300 6.67%
JZXN predictions 0.15 0.16 0.15 0.16 258300 6.67%
CONN predictions 3.97 4.24 3.92 4.19 157000 6.62%
LYRA predictions 2.70 2.73 2.36 2.59 1226200 6.58%
TRVN predictions 1.08 1.17 1.07 1.15 308400 6.48%
SMMT predictions 1.58 1.67 1.58 1.65 779400 6.45%
GLYC predictions 1.72 1.87 1.68 1.85 213900 6.32%
CDTX predictions 1.30 1.36 1.29 1.36 905400 6.25%
HSDT predictions 0.16 0.17 0.15 0.17 119600 6.25%
ABSI predictions 1.61 1.77 1.58 1.71 548600 6.21%
STIM predictions 2.80 3.09 2.76 2.92 201100 6.18%
TLIS predictions 0.48 0.52 0.48 0.52 146600 6.12%
GRCL predictions 2.83 2.86 2.69 2.80 326300 6.06%
BON predictions 0.66 0.80 0.63 0.70 639800 6.06%
AKTS predictions 2.82 3.09 2.82 3.01 330700 5.99%
HCDI predictions 3.74 4.11 3.55 3.96 411900 5.88%
SEV predictions 0.17 0.19 0.17 0.18 583700 5.88%
LVO predictions 1.20 1.33 1.19 1.28 215600 5.79%
RMNI predictions 4.11 4.41 4.11 4.39 176100 5.78%
ADTH predictions 1.56 1.66 1.51 1.65 195100 5.77%
IHRT predictions 2.30 2.42 2.21 2.39 613300 5.75%
SY predictions 2.19 2.24 2.18 2.21 388100 5.74%
JUPW predictions 0.35 0.37 0.35 0.37 132900 5.71%
HILS predictions 0.35 0.37 0.35 0.37 198600 5.71%
MNMD predictions 3.31 3.58 3.31 3.54 360100 5.67%
AREB predictions 0.20 0.21 0.18 0.19 1245500 5.56%
KZR predictions 2.68 2.90 2.66 2.86 756000 5.54%
HGBL predictions 3.61 3.81 3.57 3.81 319200 5.54%
CNSL predictions 3.47 3.68 3.45 3.67 492900 5.46%
VRM predictions 0.78 0.79 0.76 0.79 1509100 5.33%
INVZ predictions 2.69 2.84 2.66 2.81 1227800 5.24%
INSG predictions 0.95 1.05 0.92 1.01 629100 5.21%
CAMP predictions 1.78 1.85 1.77 1.84 157000 5.14%
CPTN predictions 0.38 0.41 0.38 0.41 777700 5.13%
PAVM predictions 0.39 0.46 0.39 0.41 665800 5.13%
PRPL predictions 3.31 3.52 3.28 3.50 798400 5.11%
MIND predictions 0.62 0.63 0.60 0.63 101500 5.00%
VBLT predictions 0.20 0.21 0.19 0.21 740200 5.00%
STRR predictions 1.05 1.06 1.02 1.06 101700 4.95%
SOBR predictions 1.61 1.94 1.61 1.70 252600 4.94%
CRIS predictions 0.81 0.85 0.81 0.85 220700 4.94%
REAL predictions 1.47 1.55 1.45 1.49 3546900 4.93%
UNIT predictions 3.46 3.63 3.39 3.63 2080300 4.91%
EYEN predictions 2.59 2.88 2.42 2.59 1094900 4.86%
ACTG predictions 3.79 3.99 3.79 3.93 229300 4.80%
CNTX predictions 0.94 0.94 0.82 0.88 341700 4.76%
FFIE predictions 0.22 0.23 0.21 0.22 53068800 4.76%
OCX predictions 0.22 0.22 0.21 0.22 373700 4.76%
GNPX predictions 0.88 0.94 0.87 0.89 831200 4.71%
ALTI predictions 4.07 4.51 4.07 4.32 119800 4.60%
GPRO predictions 3.95 4.16 3.95 4.11 1444100 4.58%
VCSA predictions 0.66 0.71 0.66 0.69 682000 4.55%
AMRS predictions 0.66 0.70 0.66 0.69 1889900 4.55%
DXLG predictions 4.00 4.28 4.00 4.18 670900 4.50%
BLZE predictions 4.10 4.35 4.10 4.24 255900 4.43%
CGNT predictions 4.30 4.55 4.29 4.49 292800 4.42%
SHIP predictions 4.13 4.40 4.13 4.31 187700 4.36%
JEWL predictions 0.95 0.99 0.87 0.96 111400 4.35%
MYMD predictions 2.12 2.20 2.07 2.17 642500 4.33%
SCOR predictions 0.94 0.97 0.92 0.97 162400 4.30%
KBNT predictions 0.65 0.75 0.61 0.73 755000 4.29%
EQRX predictions 1.64 1.73 1.62 1.71 1360600 4.27%
NXU predictions 0.48 0.49 0.47 0.49 421400 4.26%
AQB predictions 0.48 0.50 0.48 0.49 168900 4.26%
ZFOX predictions 0.93 0.99 0.92 0.98 279500 4.26%
INFN predictions 4.68 5.01 4.68 4.92 3771900 4.24%
FLGC predictions 0.23 0.25 0.22 0.25 507900 4.17%
CNEY predictions 0.24 0.25 0.23 0.25 325900 4.17%
TALS predictions 2.61 2.85 2.60 2.78 232700 4.12%
IMAB predictions 3.09 3.12 2.96 3.11 133800 4.01%
HEPS predictions 1.01 1.04 0.90 1.04 813400 4.00%
PRCH predictions 1.23 1.35 1.21 1.30 732600 4.00%
LEXX predictions 0.76 0.84 0.75 0.78 101300 4.00%
VNET predictions 2.59 2.75 2.58 2.64 992900 3.94%
CIFR predictions 2.29 2.40 2.25 2.39 602700 3.91%
BXRX predictions 0.50 0.55 0.50 0.54 129900 3.85%
SMFL predictions 2.15 2.22 2.06 2.17 352200 3.83%
GERN predictions 3.26 3.53 3.21 3.25 13680700 3.83%
QSI predictions 1.61 1.66 1.59 1.63 210500 3.82%
SUNW predictions 1.14 1.14 1.05 1.12 523100 3.70%
CMRX predictions 1.36 1.43 1.32 1.41 478100 3.68%
CARA predictions 3.27 3.42 3.24 3.40 618200 3.66%
IMUX predictions 1.63 1.71 1.63 1.71 347800 3.64%
NXGL predictions 2.29 2.77 2.18 2.29 733300 3.62%
ADMA predictions 3.92 4.10 3.87 4.08 1745100 3.55%
GOEV predictions 0.58 0.63 0.57 0.59 13855800 3.51%
PHUN predictions 0.60 0.62 0.60 0.62 378900 3.33%
ANY predictions 0.30 0.32 0.30 0.31 604800 3.33%
AEMD predictions 0.30 0.32 0.30 0.31 133300 3.33%
TRVG predictions 1.23 1.25 1.21 1.25 227000 3.31%
RIGL predictions 1.32 1.36 1.25 1.32 1394900 3.13%
ADVM predictions 1.00 1.00 0.94 0.99 231400 3.13%
TENX predictions 0.33 0.33 0.31 0.33 241600 3.13%
SVRA predictions 2.63 2.72 2.59 2.66 339900 3.10%
GRTX predictions 2.94 3.17 2.91 3.04 429600 3.05%
STBX predictions 2.62 2.75 2.62 2.70 321700 3.05%
JAGX predictions 0.65 0.68 0.65 0.68 483700 3.03%
GRTS predictions 1.66 1.74 1.64 1.71 893000 3.01%
VUZI predictions 4.35 4.52 4.29 4.46 592600 3.00%
BCAB predictions 3.10 3.15 3.02 3.09 343900 3.00%
AQMS predictions 1.00 1.03 1.00 1.03 197300 3.00%
PRQR predictions 1.70 1.73 1.62 1.72 514800 2.99%
HLTH predictions 0.71 0.71 0.65 0.69 325000 2.99%
MRAI predictions 0.69 0.75 0.67 0.70 196700 2.94%
OTLY predictions 1.62 1.77 1.62 1.76 3208100 2.92%
SLDP predictions 2.08 2.15 2.06 2.13 1200200 2.90%
BTTX predictions 0.69 0.76 0.68 0.71 117300 2.90%
MHLD predictions 2.08 2.15 2.05 2.13 149600 2.90%
OXSQ predictions 2.78 2.87 2.78 2.86 227200 2.88%
SDC predictions 0.35 0.36 0.35 0.36 970100 2.86%
TALK predictions 1.07 1.09 1.01 1.08 519300 2.86%
ASTR predictions 0.37 0.38 0.35 0.36 1566400 2.86%
AGEN predictions 1.45 1.45 1.37 1.45 3191800 2.84%
SNGX predictions 0.71 0.74 0.68 0.73 209800 2.82%
BITF predictions 1.06 1.13 1.06 1.10 1801400 2.80%
CJJD predictions 0.72 0.75 0.71 0.74 730100 2.78%
CTXR predictions 1.09 1.13 1.09 1.11 745600 2.78%
AXDX predictions 0.80 0.84 0.70 0.74 556300 2.78%
HOLO predictions 2.18 2.24 2.17 2.24 115100 2.75%
GGR predictions 2.97 3.04 2.95 3.03 199300 2.71%
POAI predictions 3.01 3.20 2.96 3.03 139800 2.71%
XOS predictions 0.39 0.39 0.37 0.38 183300 2.70%
VWE predictions 1.18 1.21 1.11 1.16 143100 2.65%
AVRO predictions 1.15 1.18 1.14 1.18 511200 2.61%
BIRD predictions 1.17 1.23 1.15 1.19 857400 2.59%
GCTK predictions 0.39 0.41 0.38 0.40 155500 2.56%
FIP predictions 3.13 3.25 3.13 3.22 198100 2.55%
CRMD predictions 4.81 5.08 4.77 4.89 214500 2.52%
VRAX predictions 0.37 0.43 0.37 0.41 211300 2.50%
HUMA predictions 3.61 3.90 3.57 3.70 376400 2.49%
CRDF predictions 1.62 1.68 1.58 1.66 126100 2.47%
APTO predictions 0.41 0.44 0.40 0.42 186700 2.44%
KSCP predictions 0.42 0.44 0.41 0.42 1348500 2.44%
HRTX predictions 1.25 1.34 1.20 1.28 1467900 2.40%
TNGX predictions 2.98 3.15 2.90 2.99 130600 2.40%
VMEO predictions 3.76 3.88 3.75 3.85 1295000 2.39%
WKHS predictions 0.84 0.87 0.84 0.86 4379500 2.38%
TIGR predictions 2.54 2.63 2.51 2.59 639400 2.37%
BLUE predictions 3.46 3.61 3.44 3.56 2565200 2.30%
SRTS predictions 2.65 2.73 2.60 2.68 119400 2.29%
WIMI predictions 0.89 0.94 0.89 0.91 179900 2.25%
OCGN predictions 0.45 0.47 0.44 0.46 12192300 2.22%
RBBN predictions 2.73 2.80 2.71 2.77 293900 2.21%
MEGL predictions 1.97 2.12 1.90 1.99 267600 2.05%
ELYS predictions 0.48 0.50 0.48 0.50 112100 2.04%
BLDE predictions 3.02 3.07 2.97 3.05 365600 2.01%
ALTO predictions 2.04 2.11 2.01 2.07 656100 1.97%
ME predictions 2.03 2.10 1.83 2.08 4210700 1.96%
OABI predictions 4.17 4.27 4.13 4.25 279000 1.92%
OMIC predictions 1.05 1.12 1.04 1.08 260300 1.89%
NDLS predictions 3.21 3.29 3.19 3.27 536100 1.87%
SPPI predictions 1.10 1.14 1.07 1.11 859000 1.83%
SOLO predictions 0.54 0.56 0.53 0.56 358500 1.82%
HUBC predictions 0.58 0.59 0.55 0.57 606300 1.79%
GRIL predictions 1.16 1.16 1.10 1.14 177500 1.79%
LYEL predictions 2.84 2.92 2.79 2.89 722200 1.76%
CTMX predictions 1.72 1.74 1.70 1.74 224600 1.75%
OPEN predictions 2.30 2.44 2.29 2.36 13315500 1.72%
QUBT predictions 1.14 1.25 1.14 1.20 1876800 1.69%
NN predictions 2.35 2.46 2.31 2.41 214200 1.69%
PGEN predictions 1.19 1.23 1.12 1.22 997400 1.67%
HUDI predictions 4.84 5.13 4.70 4.88 138500 1.67%
EPOW predictions 1.83 2.11 1.83 1.85 165300 1.65%
HYZN predictions 0.60 0.63 0.59 0.62 609000 1.64%
MGTA predictions 0.62 0.65 0.62 0.64 126400 1.59%
LPSN predictions 3.77 3.91 3.72 3.83 2146300 1.59%
CSSE predictions 1.29 1.32 1.26 1.30 284900 1.56%
IVDA predictions 1.30 1.34 1.24 1.31 131000 1.55%
OLPX predictions 3.25 3.35 3.18 3.29 1446800 1.54%
PALI predictions 1.34 1.42 1.34 1.35 255800 1.50%
EUDA predictions 1.36 1.56 1.35 1.36 102300 1.49%
MTTR predictions 2.72 2.84 2.71 2.76 2239400 1.47%
IFRX predictions 4.10 4.20 4.03 4.16 415400 1.46%
RENT predictions 2.13 2.13 2.04 2.08 499500 1.46%
IMPP predictions 3.50 3.55 3.43 3.50 273500 1.45%
PAYS predictions 2.78 2.91 2.77 2.84 131100 1.43%
CELL predictions 0.71 0.76 0.69 0.71 806800 1.43%
IZEA predictions 0.71 0.76 0.69 0.72 391500 1.41%
API predictions 2.86 2.96 2.86 2.88 419700 1.41%
ARAY predictions 3.54 3.65 3.54 3.63 332100 1.40%
CHRS predictions 4.40 4.52 4.25 4.35 2447400 1.40%
TOPS predictions 0.75 0.75 0.71 0.73 166300 1.39%
CRBU predictions 4.34 4.42 4.21 4.41 575600 1.38%
SLGC predictions 2.92 2.96 2.86 2.95 461700 1.37%
HYPR predictions 1.46 1.48 1.43 1.48 114000 1.37%
DTIL predictions 0.76 0.77 0.73 0.74 536700 1.37%
WULF predictions 1.50 1.59 1.48 1.50 1543900 1.35%
HNST predictions 1.53 1.55 1.48 1.51 784000 1.34%
GRAB predictions 3.00 3.10 2.97 3.04 12476600 1.33%
MVLA predictions 2.28 2.54 2.12 2.30 1562000 1.32%
MCRB predictions 4.66 4.75 4.58 4.73 2035600 1.28%
DPRO predictions 0.79 0.80 0.76 0.80 307700 1.27%
SFT predictions 1.58 1.62 1.53 1.59 112800 1.27%
LGO predictions 3.96 4.10 3.90 4.00 104000 1.27%
PLBY predictions 1.60 1.68 1.58 1.60 1047300 1.27%
CSTE predictions 4.78 4.92 4.76 4.85 136100 1.25%
MXCT predictions 4.05 4.15 4.03 4.09 296100 1.24%
ONDS predictions 0.82 0.88 0.82 0.83 197900 1.22%
PSNY predictions 3.32 3.39 3.30 3.34 1271400 1.21%
SFIX predictions 3.44 3.58 3.41 3.50 1997900 1.16%
TCBP predictions 0.82 0.89 0.82 0.87 174600 1.16%
SIRI predictions 3.48 3.56 3.45 3.53 13608100 1.15%
SPRO predictions 1.80 1.81 1.76 1.77 122700 1.14%
ROVR predictions 4.42 4.57 4.42 4.47 446800 1.13%
ILPT predictions 1.77 1.82 1.72 1.80 414600 1.12%
NKTX predictions 4.55 4.59 4.48 4.55 148400 1.11%
SEEL predictions 0.90 0.96 0.88 0.92 231600 1.10%
AVIR predictions 4.61 4.72 4.53 4.68 873400 1.08%
MQ predictions 4.64 4.88 4.64 4.74 3687400 1.07%
AMLI predictions 1.98 2.00 1.95 1.96 242600 1.03%
DOYU predictions 0.98 1.02 0.98 1.01 411400 1.00%


How to Trade NASDAQ Penny Stocks

The main reason people trade NASDAQ penny stocks rather than higher price stocks is that penny stocks offer higher rewards. However, most stock market beginners fail to realize how much risk they are dealing with to trade small and micro-cap penny stocks. Some people approach the stock market or trading as a hobby, while others treated the stock market as a way to get rich quick. If you listened to the gurus, you usually hear about how much profit they make, rather than how many hours they spent to learn how the market works and how they perfected their trading system over the years. If you are serious about trading and want to make a living through trading penny stocks, you must approach the stock market as a business. As a business owner, you need to learn about your customers and products. In the same way, you need to understand how penny stocks work in order to make money. Learning to trade takes time, and I meant lots of time. I personally spent hundreds of hours learning the market before I turned my first profit. I made a lot of mistakes which costs me money. Fortunately, these mistakes turned into valuable lessons for me.

Free Penny Stocks Guide Secret Chart Pattern for 2023 Start Making Money from Penny Stocks 100% Free, Limited Time Only!

Apply Statistics to Penny Stocks Trading

Penny stocks trading is all about statistics where we collect data on stock charts and patterns. There is a term in technical analysis called history repeats itself, what works in the past will work again in the future. Once we learn what type of patterns work well for penny stocks, we can use the pattern as our edge to make money from penny stocks trading. The question is how do we find profitable chart patterns? I already gave you the answer, through data collecting. Personally, I have collected the stock charts of daily penny stock gainers and losers for many years. I have on my computer thousands of stock charts that I study. Yes, I am obsessed with the stock market, and that's how I make money from trading penny stocks. Why do I collect the patterns for daily losers? Because I wanted to avoid losing patterns. By observing how the losing patterns are formed, I learn to avoid them in the future. I also learn to cut losses quickly, so that my losing trades won't turn into one of the big losers.

How to Swing Trade Penny Stocks

I use stock patterns and volume analysis to tell me when to buy and when to sell. Read the following article to learn the top 10 stock patterns. Top 10 Stock Patterns These stock patterns are not limited just to penny stocks, they are useful for swing trading in general. If you are doing any type of short term trading, you should know the above 10 patterns by heart. However, simply knowing the patterns is not enough to beat the market. There are many technical analysts who know about these patterns, yet they fail to make a dime from the market. The reason is that patterns give you an edge, but there is no guarantee the same pattern will make you money on the next trade. The other ingredient that you need to trade successfully is trading discipline. I've talked about how to find stock chart patterns and how to trade penny stocks in this penny stocks guide if you want to learn more about how I trade.


Trading Discipline

Two traders following the exact same set of patterns may have a completely different outcome. The trader with discipline will outperform the other in the long run. When a losing trader started losing money following a certain pattern, they either move on to the next pattern or fall in love with the pattern. Some hang on to their losing position for far too long until their destroys his portfolio. A winning trader analyzes their trades. When a pattern fails, he investigates and optimizes his trading system so he can do better on the next trade. Instead of focusing on how much money he makes on trade, he focuses on how well he executed a trade. Beginners often neglect the importance of a trading plan and having a trading journal to keep track of all the trades. When I first started trading, I didn't think it was all that important. Needless to say, I lost money consistently swing trading stocks even though I was able to recognize winning patterns. However, I was either too early or too late to execute my trades. So I started a trading journal that keep tracks of my performance. After a few weeks of tracking, I was able to find flaws in my trading system and as soon as I took the time to fix my mistakes, I was finally able to turn a profit. My biggest issue was discipline problems. Sometimes, I would jump on trade early because I was afraid of missing out. Other times, I would cut my losses way too late because I  convinced myself the losing position will soon turnaround because my pattern says so. Most of the time, however, the turn around never came and I ended up taking big losses. And then there are times when I trade with too big of a position that I can handle emotionally. During those times, I would often act irrational and sell my stocks when I should have held them, only to watch the stocks spiked after I sold. Once I started tracking, I know exactly what I did wrong and was able to eliminate these problems. The fewer mistakes I make, the more money I make. Trading is an inside job where you have to learn about yourself and improve your trading system constantly if you want to succeed in the market.

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