Former Runners: Key Takeaways
- Why former runners have the potential to run again…
- How I traded a recent former runner and profited over $6,400!*
- Why studying the past is a MUST — especially for new traders…
Former runners that have gone supernova in the past can do it again. That’s why I always tell students to STUDY THE PAST! A stock’s history can tell you whether it has the potential to spike. Learn from these two examples and one of my trades here.
Table of Contents
What’s a Former Runner?
A former runner is exactly what it sounds like — a stock that’s run before. It could have been last year, last month, or last week.
These stocks have the potential to go supernova again, so you have to dig in to understand why the stock spiked. What was the catalyst? How much volume did it trade? How big was the spike, and how long did it last?
Remember, history doesn’t repeat, but it often rhymes…
Why Studying the Past Is Imperative for Future Success
Before you take any trade — ALWAYS look at a stock’s history.
Stocks have personalities. It’s like how athletes have muscle memory. Stocks have a memory too. That’s because traders often remember former big runners. They know what’s possible with a stock. And with enough momentum, it can become a self-fulfilling prophecy.
Let’s dig into some recent examples so you can see what I mean…
A $6,476 Reason to Watch Former Runners
My recent Clean Vision Corporation (OTCPK: CLNV) trade is a great example of how I trade a former runner spiking on news.
First, look at the two-year chart…
Then in January 2021, the stock spiked again. And before my recent trade, it ran from about 2–7 cents in four days. It was back to trading around 3 cents when the company released news on a Friday afternoon…
I break down my entire trade and weekend profit strategy in this video…
Here’s another example of a former runner going full supernova…
Fernhill Corporation (OTCPK: FERN)
Then in September, FERN spiked again. The company appointed a new executive vice president and provided an acquisition update on September 9. Then on September 29, it launched a website for its crypto mining platform. The stock hit new multi-year highs.
Check out FERN’s one-year chart. It’s beautiful…
I LOVE GETTING TWEETS LIKE THIS FROM MY STUDENTS, $FERN HAS BEEN SOLIDDDDDDDDDDD! Check out https://t.co/qgHC3ar7XF to learn more, these multi-way/multi-week breakouts have been on fire lately, like $TGGI $ILUS $ISWH $CYBL $SFOR too, all of which I underestimated big time https://t.co/UT2OA5wucO
How to Find Former Runners
So what’s the best way to find former runners? Studying the past.
Want to ramp up your trading knowledge? Find the right mentor for you.
I’m basically a glorified history teacher. That’s why I know to watch former runners. But this is just one part of the big picture of trading…
You need rules, discipline, strategies, patterns, and so much more.
How do you watch and trade former runners? Let me know in the comments!
*Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. 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 are exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
**Tim Sykes has a minority ownership stake in StockstoTrade.com.