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There are thousands of stocks to choose from. It can be overwhelming if you don’t know how to narrow down your options. Learn six-figure trader Jack Kellogg’s dream set up and what he looks for.
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Jack’s preferred niche — where he’s found the most consistency — is OTC longs.
He looks for stocks that have a morning spike, then go sideways throughout the day. He can enter and go long when the buyers are in control — not the sellers — when it starts to perk up late in the day. If it stuffs, you can sell — the consolidation is there and there’s a good risk level.
But if it starts to go, you can even add a little bit to your winner and raise your risk. Then, if that closes near its highs, you can get a 5% gap or 10% morning spike. That risk/reward is SO good.
A lot of people don't understand that your risk really isn't tested on these late-day plays when they start spiking. Because it's not gonna spike up and break the high of the day, then immediately dump back down under VWAP and then finish at the high.
Usually, it’s really clean. That's something you should really watch for.
Jack’s other favorite set up? Low-priced penny stock breakouts. Because there’s not a ton of competition.
How low-priced? We’re talking 1 cent to 10 cents. Let’s say you buy two 300,000 shares ... you can slowly average in 50,000 at a time. You can make 2 to 3 cents and have a break-even stop if it fails. There’s massive volume and no algorithm shorting or anything. It’s just buyers going nuts. You can hop on the hype train and hop off when it gets too crazy.
But don’t think it’s easy. You need a strong work ethic and mindset for this niche. Keep grinding up slowly. Don’t gun-sling. Stay away from the huge drawdowns and upward spikes.
It definitely helps if you've got passion. You gotta really want this and stay at it. Take your time and learn to enjoy the process.

#StocksToTrade #StockMarket #HowToPickStocks

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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
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