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OK Neo, here we go : Some long candidates I'm following for multiday swing since a while ( not daytrading ) ! buy the dips, in most cases simply MACD crossover or break upside through 50 day ema. Nothing spectacular. FHCC NDN KNSY SCRI RBNC DME FMBI KOSP MCK CBSS WBST DRS...

Hi Silk - you say trading 1K of 1 beta stock is similar to trading 500 shares of a 2 beta stock, so all comes down to higher leverage - this is a very simplistic view. high beta stocks are high beta for reasons - reasons, that make them less "predictable" and higher risk to trade. The...

Hello Neo why not trying out the links to scanners I posted yesterday. It's no big secret into finding uptrending stocks. You could start with : just looking for those which recently made a new 52 week high ( say 3 or 5 days ago ) . A new 52 week high is not achievable without some...

Alex : Beta Beta is a measure of a company's common stock price volatility relative to the market. Example : here's how Marketguide calculates the beta for the 9000+ stocks in its database : "The Market Guide Beta is the slope of the 60 month regression line of the percentage price...

Hello Harry, another fellow european trader - greetings. I think, Alex (NEO ) will speak for himself - but with reference to your proposal concerning daytrading vs. swing-trading : Neo's account size is 4K - and he has an account with IB. With 4K - daytrading is not possible anymore...

As already said, each trader has his own style ( or should have ). So it's up to him, what he wants to trade. However, there are some characteristics inherent in less volatile stocks, which may give the trader ( not the speculator ) some odds over the long run : Trading highly volatile...

Hi stockoptionist, thanks for the advice concerning IB. Have a stock & options account with them since March 2000. They are probably among the best in terms of commissions and execution when it comes to options-trading. For what concerns overnight holdings - I stand to my point that it's...

Puhh - NEO - to be very honest , and please don't take it personal, but - I'd say, you should really papertrade for another while and try get a grip on your emotions. Or trade much smaller positions. If you panic because of 10 or 20 bucks up or down .... DRMD openend at 22.60 - 2 cents above...

You found them, so watch how your ideas play out - that's the best way to learn. Some are nice picks for swing-trading.

NEO, you can find a bunch of good scans for free at http://stockcharts.com/def/servlet/SC.scan?s=runreport,predeftech Fee based : Very good screening service is www.marketscreen.com example : http://www.marketscreen.com/home/default.asp?chp=trend It costs 19.95 $ a month ( 199.95...

BASM - can only strongly agree to what you say. Had some e-mail conversations with NEO before and urged him to be very very careful with his ST trading attempts. Not that one can not make money with 4K as starting capital , but the current environment is so choppy, that it's hard enough for...

Hi Stockoptionist although it's a bit off topic, since we talk about emotions and startrek here ;-) : how could one with such a small account probably earn the cost of spread + commissions inherent in daytrading of options while reducing his risk compared to stock-trading ? I'd say...

I'd say, Data would also make a great RT scanner for trading opportunities including backtesteing of thousands of systems in milliseconds and choosing the appropriate one for each stock - together with mathematically sound money-managment and risk-control - needless to say, that Data would be so...

Dustin - can only agree. Read Mark's book I don't know how many times during my vacation in September. It's really an eye-opener. However, since we are not ( yet ) robots, it'll take a while to apply all the good advice. But , step by step - it works ! Had 2 stops hit on Friday (...

What's your plan for DRMD ?

I'd say, check out the broker ratings and the many posts here about IB. IB's executions are excellent most of the time, for listed as well as other stocks & options ( marketable prices and sufficient trading volumes provided - as with all brokers ). Although IB is not flawless ( don't know...

Hi Praetorian2 checkout : http://www.amazon.com/exec/obidos/ASIN/0071360514/qid=1002636767/sr=2-2/ref=sr_8_7_2/107-4070934-3578127

Hi, QP2 is good choice for what concerns data & screening for technical indicator signals combined with fundamental data screening ( PE ratios etc. ) However, the charting module is rather mediocre - to say the least. You can export QP2 data to many formats ( i.e. ASCII, MetaStock ) and...

Hi, there's a software which does exactly what you want to achieve. You can select several bar patterns from a list or even create your own patterns simply by drawing the desired bar ( including OHLC, length etc. ) and save these custom patterns. Afterwards, you can run a backtest ( EOD data...

Just for clarification : "BTW : this has nothing to do with the exchange where a stock is trading, there are plenty of low volatile stocks among Nasdaq stocks as well. If you can't take a 100 share position in a NYS stock because of it's high price or high volatility, than it's better to pass...