Too many new traders don’t know the most important rule about trading sketchy biotech stocks. There can be great trading opportunities with these stocks, but only if you know the RULES. What’s the essential lesson for biotech stocks? Tune in as Tim Bohen breaks it down.
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Recently, in a SteadyTrade Team webinar, a student asked if there was potential to hold Virpax Pharmaceuticals Inc. (NASDAQ: VRPX) overnight…
The short answer: NO.
The slightly longer answer: NEVER.
Why? Bohen covers all the deets in the video — so don’t miss it! Here’s a quick preview…
Biotechs typically burn millions of dollars trying to develop a breakthrough drug. With a negative cash flow, it’s difficult to get a loan.
So they go to the public markets — where there’s an endless supply of bag holders who believe the ‘dream.’
Tune in to learn what these companies do when they hit the public markets.
Now these stocks can have momentum, crazy volume, maybe even a press release … But that’s exactly what makes them great for day trading. ✨
Any trader who gets burned by these stocks could end up feeling like the stock market’s all just a scam. But it’s not at all a scam — if you know how to play by the rules!
Tune in and learn this KEY lesson now, particularly for day trading biotechs. Bohen helps you understand the importance of quick entries and exits, key levels, patterns, and more…
And tune in to learn what you should never do when trading biotechs.
#StockMarket #Trading #Biotechs
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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.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
The Biotech Lesson You Forgot
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StocksToTradeTim Bohenbiotech stockstrading biotech stocksTrading Platformday trading biotech stocksbiotechstrading tipsday trading lessonsday trading tipsStock TradingPenny StocksFinancial EducationTechnical AnalysisSwing TradingShort SellingStocks To Buystock marketday tradingtim sykestimothy sykesstockstocks to watchtrade ideasstock market todaytrading strategiesswing trading lessonsswing trading tips