A Great Tool For Biotech Traders – BioPharmCatalyst.com:
BioPharmCatalyst.com is a phenomenal resource for uncovering catalyst events within the biotechnology sector. Such catalysts include Phase 1/2/3 trial data releases, FDA Approval/PDUFA, Advisory Committee (AdCom) Meetings, etc. With an understanding of such events, biotech traders and investors are able to perform their due diligence on pipeline drugs and have a timeline of expected developments. Best of all, the platform is completely free to use and provides supplemental newsletters for interested users: Biopharm Catalyst Biotech Stock Watch List (weekly), Biotech Stock Price Movers (daily), and Pipeline Database Updates (daily).
It’s an undeniable fact that catalysts can be a major reason for why stocks move. Inherently, that’s what catalysts are – reasons for a stock to move in one direction or another. If traders and investors can position themselves correctly before a particular catalyst (or set of catalysts) is priced in, then there’s a lot of room for potential profit along the way. Overall, BioPharmCatalyst can be a great resource to use for researching and planning biotech trades.
Related Page: BioPharmCatalyst Review – A Database of Opportunities For Biotech Traders
I’m so pleased that I happened upon your website! I like Bio Pharm Catalyst and other links, and the option for trading with “paper” instead of real money in order to learn. Thank you for the wealth of free information.
Do you have a recommendation on where a newbie should begin? I have a financial planner, but sometimes I want to just want to invest on my own, and need the support of seasoned pros.
Hi Anne – getting started is all about education. The better educational foundation you build, the better off you’ll be down the road. Whether that means getting started with some free options like reading blog posts, watching YouTube videos, and following experts on Twitter or taking it a step further with a premium (paid) newsletter subscription like BioTech Breakouts or Jason Bond Picks – it’s completely up to you.
No matter what though, the overall objective should be to learn as much as possible and ultimately become a consistent, self-sufficient trader.