How To Make A Stock Watchlist with Tim Bohen

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All traders talk about watching hot stocks. So, where do you begin? How do you know which stocks to watch?

Learn what Bohen and most traders do every morning, bright and early.

Start looking at charts. Look for the stocks that have news. Check out stocks in a sector you're interested in or that you believe in. Artificial intelligence, electric cars, cannabis, or biotech — stick to the ones you like to trade.

Look for big percent gainers of the day because those are the stocks that have the potential to make the big moves up or down. You want to look for that stock to open strong on the day. If the stock isn’t doing anything, there’s no reason to care about it.

Ignore stocks that are up 1% or even stocks that are down big. If you’re a new trader, you don’t need to worry about dip buying. Occasionally, you’ll run into illiquid stocks: stocks that trade less than one million shares on the day. You can knock these off your list as well.

Most of the time you’ll end up with five potential stocks to trade. Sometimes it's six, or maybe it’s two ... it varies.

It all comes down to process and elimination. That's how you decide.

How do you build your own watchlist? What can I teach you to help simplify your process? Drop a comment below and let me know!

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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*

#TimothySykes #PennyStocks #Investing

----------------------------------------------------------------------------------------------------------------* Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of...