RE: Beginners Questions
(2017-07-24, 02:56 PM)yamikep Wrote: And how do you screen / pre-select the stocks?
Two methods: for one, I use the lists that are already available. I just watch at the stocks and decide which are - graphically speaking - interesting for a trade. I also use screeners, that I coded myself for prorealtime. Learning to code is interesting for that.
(2017-07-24, 02:56 PM)yamikep Wrote: What are your criteria? (if you don't mind sharing)
Well basically, the ones coming from the book of Weinstein. I look for stocks which are in phase 1 and seems to be going to a breakout. I Check if there is not some resistance risk.
The only difference is that I don't consider the sectors anymore. I consider that sector filtering rises to many problems (stocks that have different activites, stocks that are in a "bad" sector but in a market niche, and so on).