(2019-12-13, 05:40 PM)alphatech Wrote: I'm wondering what is part of your daily/weekly/ monthly routine when you check your stocks or the market.  What do you normally do? sorry if is too much of a generic question, I can elaborate more if needed.

(2019-12-17, 02:31 AM)stanhao Wrote: I would like to ask that the book's diagrams are unclear, why the publisher did not reorganize and update the book's diagrams, and these pictures are difficult to understand. Are there experts in the forum to organize the charts?

(2019-12-15, 03:12 PM)malaguti Wrote:

(2019-12-13, 05:40 PM)alphatech Wrote: I'm wondering what is part of your daily/weekly/ monthly routine when you check your stocks or the market.  What do you normally do? sorry if is too much of a generic question, I can elaborate more if needed.

I'm aware of the overall market every day
I dont look for new stocks daily. I run a scan for breakouts weekly and will likely drop down to monthly shortly for all weekly breakouts during the month
For existing positions I am looking simply to move the stop using the investor method. 
For existing I'm also looking at the sector state in case I need to move stops tighter
Unless I've got no new positions I might look at adding to an existing position
Lastly and daily I generally go through stocks looking for trend lines in case any scans dont pick these up. The scan is good but not as good as eye balling
I'd only do this for a core selection as I cant look at all of them of course. I dont have a way (yet) of truly accurately recording the state

In the future I will be looking at incorporating point and figure targets to determine possible profit targets. Not doing this yet. The profit target will also be a criteria for choosing one stock over another

Hope this helps. I'm sure we all have different routines. In fairness it's hard to completely ignore the market each day. Especially when in a position. That's when we are all at our most vulnerable, each retrace is inspected analysed and often incorrectly judged as to its merit 
Tell us yours by the way

(2019-12-17, 04:41 PM)alphatech Wrote:

(2019-12-15, 03:12 PM)malaguti Wrote:

(2019-12-13, 05:40 PM)alphatech Wrote: I'm wondering what is part of your daily/weekly/ monthly routine when you check your stocks or the market.  What do you normally do? sorry if is too much of a generic question, I can elaborate more if needed.

I'm aware of the overall market every day
I dont look for new stocks daily. I run a scan for breakouts weekly and will likely drop down to monthly shortly for all weekly breakouts during the month
For existing positions I am looking simply to move the stop using the investor method. 
For existing I'm also looking at the sector state in case I need to move stops tighter
Unless I've got no new positions I might look at adding to an existing position
Lastly and daily I generally go through stocks looking for trend lines in case any scans dont pick these up. The scan is good but not as good as eye balling
I'd only do this for a core selection as I cant look at all of them of course. I dont have a way (yet) of truly accurately recording the state

In the future I will be looking at incorporating point and figure targets to determine possible profit targets. Not doing this yet. The profit target will also be a criteria for choosing one stock over another

Hope this helps. I'm sure we all have different routines. In fairness it's hard to completely ignore the market each day. Especially when in a position. That's when we are all at our most vulnerable, each retrace is inspected analysed and often incorrectly judged as to its merit 
Tell us yours by the way

I have so much to learn from all of you, it is overwhelming.  I'm readying all the posts that I can and I got the logistic of it.  ISA and all of you have been great to help me with some struggles that I have.  The book helps but real examples and practice is very important.  I need to confess, still having difficulties with stages but so far ISA has been very patient with me with those.  In regards to your last question, still trying to figure out what is the best routine.  I do not have any scans setup yet.  Stops are the most difficult one to setup.  I guess I got burned several times with those, I'm a little resistant on setting them automatically.  My reasoning are that when the market is close the most action starts and those stocks can drop very fast and in the morning I can lose more than I wanted.    
Please feel free to comment on it, any help is appreciated.

(2019-12-24, 05:54 AM)hummigbird Wrote: Hi all, I'm new to the forum, thanks so much for creating and maintaining this!  I'm still a relative newby to doing my own thing in the market (about 7 years), but after going through different strategies (winging it, dividend investing, Peter Lynch, etc.) I was pretty psyched to read Weinstein.  So much of what he talks about is what I was starting to feel intuitively, regarding how the market has already priced in so much in a stock, and for us regular investors, the P/E, PEG, good news, bad news, earnings reports, blah blah blah is of limited use.  Peter Lynch was flying to  different countries talking to CEOs to make his decisions.  Obviously we aren't.

I know there have been a lot of questions about screens, but I'm having a hard time figuring out how to create a screen for a managable number of stocks to consider.  Part of it is that there are so many choices of every variable, and I'm not exactly clear which is the best.

For example, moving average.  He discusses the 30 week moving average.  Is this the simple or weighted moving average?  And, is it the 200 day, or 150 day?   

Also, resistance lines.  These seem so variable.  Do you go with whatever the stock chart is telling you is the resistance line, or go with your own definition?  Particularly with a stock that may already be in stage 2, a new "resistance line" may be higher than the one it broke through.  How do you define these?  Thanks!

(2019-12-24, 05:54 AM)hummigbird Wrote: I know there have been a lot of questions about screens, but I'm having a hard time figuring out how to create a screen for a manageable number of stocks to consider.  Part of it is that there are so many choices of every variable, and I'm not exactly clear which is the best.

For example, moving average.  He discusses the 30 week moving average.  Is this the simple or weighted moving average?  And, is it the 200 day, or 150 day?   

(2019-12-24, 05:54 AM)hummigbird Wrote: Also, resistance lines.  These seem so variable.  Do you go with whatever the stock chart is telling you is the resistance line, or go with your own definition?  Particularly with a stock that may already be in stage 2, a new "resistance line" may be higher than the one it broke through.  How do you define these?  Thanks!