Q&A: Trading OTC stocks premarket, screening for stocks intraday, & huge runners

Video #1:
1. How can one get a fill on an stock in the pre-market, particularly with Interactive Brokers?
2. What do you think of Equityfeed (versus other methods of screening for stocks intraday such as the HOD list or IB’s market screener)?

Video #2:
1. What do you think about stocks that run huge in one day such as ZANE (up 600% on March 4, 2010). Do you buy them?

Disclosure: Long 8,000 shares of STTN and short 3,000 ZANE. No positions in any other stock mentioned. This blog has aterms of usethat is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

0 thoughts on “Q&A: Trading OTC stocks premarket, screening for stocks intraday, & huge runners”

  1. Great video (#2). Thank you for your perspective on these huge runners. Very helpful. My exit strategy is more risk-tolerant than what you describe, but yours is sound and quite sensible.

    I have yet to lock into any of these to put my approach into practice. Not yet anyway…

  2. For a rather detailed answer on ZANE and the late purchasing long of huge run-up stocks on a trading session, please read the following blog post:

    http://traderbigt.blogspot.com/2010/03/confusing-individual-play-outcomes-with.html

    As Reaper noted, both in chat and in his video, the benefit of hindsight, coupled with not knowing whether THIS runner is mega exceptional, is the fly in the ointment.

    You can never know the outcome of any individual play, you can only assess probabilities & risk/reward. Do you think a stock already up 200% in minutes is likely to go to 600% up (rewarding your late entry) if similar plays were back tested? Or are the chances of you bag holding higher?

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