![]() Building your watchlist every day is the best way to get the highest-potential trades in your sights. On the SteadyTrade Team, we make a watchlist every morning. When to make your entries and your exits. With enough screen time, you’ll begin to understand a stock’s moves… They also help you get to know the stocks you’re watching. Watchlists help you keep potential trades front of mind. And you can’t pay attention to 16,000 stocks at once. You don’t need to go through a stock’s downswings to profit off its upswings. It doesn’t take a genius to tell you that the first stock on this list will be worth more in five years than it is today…īut disciplined traders can limit their downside. 4.3 How Much Money Do I Need to Start Trading?.4.1 Isn’t It Risky to Trade Stocks and Penny Stocks?.3 How to Find Your Top Stocks to Watch: 5 Tips for Every Day.1.7 Stocks to Watch in November #7: Microvast Holdings Inc.1.6 Stocks to Watch in November #6: Enservco Corp.1.5 Stocks to Watch in November #5: Neurobo Pharmaceuticals Inc.1.4 Stocks to Watch in November #4: ESSA Pharma Inc.1.3 Stocks to Watch in November #3: Shopify Inc.1.2 Stocks to Watch in November #2: AgroFresh Solutions Inc.1.1 Stocks to Watch in November #1: SOBR Safe, Inc.1 Top 7 Stocks to Watch in November 2022.Keep these stocks on your radar, but don’t let go of the wheel. You watch the market to see what’s working and what isn’t. How do you stay safe in the market? First of all, you have to realize that there are no sure things. That’s what I try to do every day on the SteadyTrade Team. My number one job is to keep my students safe. They tanked their latest earnings report, leading to analyst downgrades and the stock’s lowest price since 2016!Īmazon, Google, and Microsoft didn’t fare much better. The last week of October was so choppy that I actually had mega-cap stock Exxon Mobil Corp (NYSE: XOM) on my weekly watchlist! When stability is something I recommend, you know that there might be stormy seas ahead.įacebook/Meta is responsible for a lot of that uncertainty. There’s no guarantee that the market will stay in recovery mode. This has already led to some EV stocks releasing the types of press releases that garner big moves. The Biden administration dedicated $2.8 billion to EV battery production in late October. Sketchy oil and gas stocks - like the one on this list - are moving too.ĮV stocks also got a boost in October. The sector is hitting highs that it hasn’t seen since June’s mad rush … The market has been in recovery mode since mid-October. If possible, look for a stock with a positive EPS value - this indicates that the company is currently profitable.The stocks I’m watching in November aren’t outliers … A stock’s earnings per share (EPS) value is equal to the current earnings of the company divided by the current number of shares outstanding. A higher volume will help you sell off your stocks when you choose - not when prices are at rock bottom. Use a stock screener to search for penny stocks with higher average daily volumes. However, what some people forget is that if you want to sell a stock, there needs to be someone on the market willing to buy it. Many investors look to high-volume penny stocks in the hopes of earning money by swing trading or day trading. If you aren’t prepared for such a scheme, you could easily lose your money. ![]() ![]() If you buy in and get out quickly, you can make money. While researching the company, you might uncover an aforementioned “pump and dump” scheme. Look for a product announcement or something major that would give you an idea of why the price is rising or falling. Find the catalyst: You need to know why the stock is rising in the first place.Yes, OTC penny stocks are attractive, but you must be certain that the company is not only legitimate but viable. This type of information lets you know if the company is worth your time and money. Check the news for information about the company, and even search for consumer reviews. The company looks legitimate: Any company in which you choose to invest needs more than a Facebook page or social media account to herald its online presence.Stocks listed on these exchanges must meet minimum requirements set by the Securities Exchange Commission, which greatly reduces the likelihood that you’ll get caught up in a scam. If you’re buying your first penny stocks, begin by searching for stocks on major exchanges, like the NYSE or NASDAQ. Though these shares are usually very cheap (often trading for pennies on the dollar) they also enjoy much lower levels of oversight. Trades on a major exchange: Most penny stocks are sold on OTC markets or through the OTC Bulletin Board.
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