Which way? Penny Stocks education

Discussion in 'Trading' started by themickey, Feb 5, 2022.

  1. themickey

    themickey

    A few ways to do this.
    Identify very high volume % differential to long term volume.
    So for this, you need to know average volume over the past few weeks or months.
    Certain data providers offer this, or calculate it yourself.

    Another method, calculate turnover (current price x current volume)
    Certain data providers offer this, or calculate it yourself.
    What you are looking for is high turnover relative to current price.

    The other method I mentioned, you wanna see high turnover per minute, preferrably ongoing through out the day.

    Another method, look at DOM, do you have numerous buyers queued up.
    Calculate their average buy prices.

    That's enough sweet fed info, work the rest out yourself. :)
    GettyImages-637493080-1536x864.jpg


    Streaket-at-Champions-League.-Picture-Eurosports.jpg
    Here's another sweety, wish she would run my way.. :)
     
    #91     Apr 10, 2022
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  2. Smokey

    Smokey

    Thanks Mickey that's really helpful!

    Time to review my spreadsheet skills :).
     
    #92     Apr 10, 2022
    Darc likes this.
  3. themickey

    themickey

    One more morsel, I think you can get all the information other than live data from free Tradingview Screener, just need to be registered.
    20 minutes delay is hardly a disadvantage, besides, often your broker can supply you free live intraday data which will fill in any otherwise data gaps.
     
    #93     Apr 10, 2022
    Darc likes this.
  4. Smokey

    Smokey

    Dropped some real gems in here Mickey, thanks so much.

    I actually am using free-TV screener at the moment. I've heard good things about Think or Swim; have you tried that one?
     
    #94     Apr 10, 2022
    Darc likes this.
  5. themickey

    themickey

    Many sources of data from US or Europe etc don't work on ASX.
     
    #95     Apr 10, 2022
    Darc likes this.
  6. Overnight

    Overnight

    Forget the girl...Gimme' those donuts! Yum!
     
    #96     Apr 10, 2022
  7. themickey

    themickey

    I think girl would leave more memories :)
     
    #97     Apr 10, 2022
    Darc likes this.
  8. easymon1

    easymon1

    That the ref?
    What I been missin'?
     
    #98     Apr 10, 2022
  9. Overnight

    Overnight

    Yeah? Like my ex-fience' BAD memories. Donuts, please! At least they don't hurt you, aside from the waistline.

    [​IMG]

    Fugheddaboouddit.
     
    #99     Apr 10, 2022
  10. SunTrader

    SunTrader

    Made by chemists not bakers these days. Yet they still cost a pretty penny, even at 2 for 1. :vomit:

    Buy the in store versions.
     
    #100     Apr 10, 2022