There still a successful trade with going long small caps where you can buy a beaten down stock then sell it after a 10%-20% move higher before it goes back down. But that's not an easy trade to find and also you most likely would also find losers too trying.
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I made a 100% + winning trade yesterday. Webull offered IPO shares of $IFBD for $4 it opened high around 7s got as high at 11s and came back down. So Webull IPO center is hot on my radar. I watching other stocks they have offered to see if it's a trend.
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when did you have to place the order to get the $4 shares? i didn't get filled until $8.50