Stock picking

MiniGrassHopper,

I saw your post and wanted to pass on something that may help. You say you've tried some scanners, but have you tried a preprogrammed scanner like our TradeScan alerts? The advantage is that it already has a consensus of scanners that traders like to see. It's still up to you to learn how to use them, but that would at least get you a good set of scans to watch. Then you can figure out which ones you want to use, rather than having to make them up yourself.

Sounds like you're on the right track with your learning. You might also look into finding a trading class in your area or an on-site firm that would help you adopt some specific strategies. If you want to email me, I can check our database for customers in your area that you could contact for assistance.

Happy Trading!
Bill
 
There is no "easy" way out of picking stocks.

Do yourself a favor and chart all of the sector indexes like:

BKX, BTK, SOX, OSX, XOI, XAU, etc.

Then figure out whether or not you believe one of these particular sectors is in an uptrend or downtrend via the Weekly, Daily, and Hourly charts . . . Then, break it down further and take a look at some of the individual stocks that are in the actual index ( paying attention to the weightings ) and go from there.

Good Luck!
 
here is some of the best advice ive seen:

Alan Farley
Patience Is a Powerful Potion
Great trades will magically appear for traders willing to wait.
 
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