Penny Stock Scanners

Question 1

What time frame do we use for refresh rate when using stock scanner on trading view?

Answer 1

10 sec

Question 2

What time frames do we use when entering a trade?

Answer 2

5min, 1hr, 4hr, timeframes

Question 3

What time frames do we use when just finding a stock?

Answer 3

1hr, 4hr, M, timeframes

Question 4

When smaller time frames are positive and month time frame down (negative) what zone are we looking for?

Answer 4

Demand Zone

Question 5

When month time frame is positive and smaller timeframes are down (negative) what zone are we looking for?

Answer 5

Supply Zone

Question 6

We make trades at 50% lines? True or False

Answer 6

False - We don’t make trades at this level

Question 7

In the OTCmarkets site what section do we look in to find latest info on penny stocks?

Answer 7

News Section

Question 8

In the OTCmarkets site what color sheet status is a qualifier for a good stock?

Answer 8

Pink (stock will blow up)

Question 9

In the filings & disclosure section on the OTCmarkets site what do we look for?

Answer 9

Gaps in timeline of not reporting

Question 10

Filings will not coincide with chart. True or False

Answer 10

False - Chart will most likely coincide with chart

Question 11

Where to find info on the board of directors?

Answer 11

Linkedin at check activity

Question 12

Find CEO takeover and how it match with the chart. True or False

Answer 12

True

Question 13

What are the stock scanner steps?

Answer 13

Find stock > Chart for high prob S&D zones > Pink status > Filing updates > BofD research > Look on twitter for the stock

Question 14

When looking on twitter for a stock do we buy in when people are talking a lot about the stock. Yes or No

Answer 14

No, buy in when people are not talking