1. As a day trader remember that you have to sell a small stock if it goes up quickly ( more than 6% ) and same is accompanied by low volume.
2. The reason for the said fact is that because this big move has been seen due to big spread or the amount of shares available for sale at that time ( illiquid stocks ).
3. Thus it is always better to keep an eye on the volume aspect for a penny stock to avoid being caught unaware.
Why to sell a small stock if it goes up quickly?
