Read the below success story from a real individual investor and don't miss the Benzinga Pro St Patrick's Day introduction... luck not included but the best trading information on the internet is!
Trading in this market environment has gone from challenging to downright hard. There are many so-called “FURUs” out there that claim they will lead you down the golden path of financial freedom. But more important than finding someone who has great stock picks, is how to find those picks for yourself.
Picking Winners: Every day, thousands of users use Benzinga Pro and its various tools to aid their trading. Popular tools on the web-based trading platform include the Advanced Newsfeed, Live Audio Squawk and scanner.
One Benzinga Pro user, Walter, used the platform to find Phunware Inc PHUN a few months ago when rumors were circulating about the company's involvement with Digital World Acquisition Corp DWAC. DWAC is a SPAC that has entered a merger agreement with Donald Trump’s Truth Social.
“Mid-morning a little while back PHUN popped up on the news stating association with DWAC,” Walter said. “I bought within minutes and sold the next day for a very handsome profit.”
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Strong Community: Walter is not alone. In Benzinga Pro, there are multiple chat rooms, including ones dedicated to options and cryptocurrency. In these chats, users are constantly throwing out trade ideas and posting their winning trades. Walter said he had more winners besides Phunware, and had a favorite tool he used to find them.
“There has been a few others mostly from scanners,” Walter said, using Camber Energy Inc CEI as an example. "Scanned bottom of the barrel and have bought and sold it to some insane profit on Monday.”
Trading is always hard and is even harder with so much uncertainty amid the war in Ukraine, COVID-19 and supply chain issues. We don’t know if oil is going up or down, which stocks will skyrocket next, or what Nancy Pelosi is buying next. What we do know is that all of those things will be in the Benzinga Pro news feed when they happen. Speed is crucial in choppy markets.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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