Hi guys,
I'm new. I just finish with the book and I have few questions...
What tool does everyone use to screen the stocks and what are some screen conditions you recommend? There is a thread for code for scanners, is it still relevant? what's the difference for stockcharts and prorealtime? I read that stockcharts is mainly for US and need a subscription to get zero line? what about prorealtime?
my plan is to follow the buying process recommended in the book which means
a screener for the over all market trend (I invest mostly in US) based on P/D ratio, world market average chart, weekly high low figure, momentum index, A-D (stuff from the book)
a screener for the strong sectors,
and few strong stocks in that sector ,not sure if it's doable, maybe based on resistance,volume, RP, head & shoulder bottom, double-barreled action, big base etc... and filter out manually according to the sectors myself
maybe another screener for the triple confirmation pattern
then I think I should be able to pick up a few stock based on the results?
I hope I'm on the right path...if not let me know,
thanks,
