how do you find Penny stocks? So, I personally use a screen...
how do you find Penny stocks?
So, I personally use a screener at Finviz.com. Ill post a photo of my preference settings.
![how do you find Penny stocks? So, I personally use a screener at Finviz.com. Ill post a photo of my preference settings. Exchange is obvious, but you set it ...](https://ussnsimg.moomoo.com/1587402480815-70081523-android-org.jpg/bigmoo)
Exchange is obvious, but you set it to whatever one you are using. I use Nasdaq which im sure most of you do as well.
Price is put under $5 (typically penny stock is under 10) but I'm poor haha😅
Change shows the price change within the previous day. I like to use 10% because you only get 3 trades within the week. So, try to pick the best of the best.
Relative Volume allows us to see where the investors are at. This just means that the volume has double the usual amount. So, if its average is 100k it's now 200k, because we set it to (2).
Current Volume is set to over 1m. This is done to allow for easier position movements. As a day trader/scalper you want to enter and exist with ease.
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