This article contains precious information on penny stocks for day trading. You not only watch many stocks but also get other things that you will need to invest. Why does this page do it for you? It is because these kinds of stock have a high risk and need a good strategy. The most important thing is you have to be able to win it and breakdown the myth. Along with the best penny stocks for day trading 2019 coming here, you will one step ahead. Closer to the victory of penny stocks.
Penny Stocks for Day Trading appear at the Early October 2019
The best Penny Stocks for day trading include in the short-term investment with the price less than $1. It trades in a low volume that makes the stock more susceptible and may be volatile. Honestly, this small stock needs thorough research and monitor that you can purchase from online brokerages.
You may use the service of Robinhood, Fidelity, TD Ameritrade, Charles Schwab, or TradeStation to find the stocks. Those online brokers help you to find them in Pink Sheet, Over The Counter Bulletin Board (OTCBB), NYSE, and NASDAQ. Even though, only Robinhood can enter in NYSE and NASDAQ as the big stock exchange.
When you use those online brokerages, you will find the following good penny stocks for day trading:
1. Workhorse Group (WKHS)
WKHS brings a story that occurred during July 8th- 31st, 2019 where the share has risen from $2.77 to $5.225. It happened after signing a subscribing agreement to use a private offer resulting in a payment of $25 million. The fund of the agreement comes from 10% of overall company market capitalization. For your information that the stocks get a normal increase volume in July.
2. Superior Energy Services (SPN)
It turns out the best penny stock for day trading 2019 felt under $1 on July 16, 2019. Even, the date of 23th became the worst day with broke the dollar resistance. It reported the worst income in the new level of $0.56 and the resistance of $0.90. Even though, it got a bigger volume on July 31th and August 5th.
3. Valeritas Holdings (VLRX)
VLRX opened the trading with a price of $4.13 on July 10th. Seemly, the price increases $1.19 where it was higher than the previous day. Besides that, the volume of the stock 12 times higher than the average. It quite surprises and V-Go insulin’s device is the main cause of the price spike. The company adopts this wearable device to some managed treatment formulations.
4. Sigma Labs (SGLB)
The stock o SGLB felt more than 50% from July 30 to 31 premarket after there was a shocking offering. Sigma Labs announced general offering stocks of 2.875 million shares on $0.80 per share. It shows that people want to pay for a stock and force the falling price until under $1.
5. IZEA Worldwide (IZEA)
On August 1st, IZEA gets the seven digits contract with the new customers and it increases the stocks until 40%. The top penny stock for day trading of IZEA also received 30 times volume on that day. Nevertheless, the stock decreased 20% on the next day and flat.
Tips to Invest in Penny Stocks for Day Trading Successfully
Usually, it is only irresponsible companies that want to cheat you. Precisely, you always follow the rate of stock beta and other volatility indicators. Fluctuate stocks from time to time are the other indicators to know how the stock price saves its future. If you want to succeed in trading, have the daily trading volume at least 100.000 stocks.