Stock scanners

[TrailerParkTed]

*sighs*

Well, would it?

 

[tomkat22]

Yes I do have a crystal ball in fact! That's your wishful thinking but we all know it's gonna be downhill from here after SPY reaches the previous peak.

So like Yogi Berra said "It's Deja vu all over again"?

 

[deaddog]

If not, do you know of any educational resources you can refer me to?

Spend a full day studying why traders fail; then don't do any of that stuff!!

 

[PPC]

I'm a new trader and looking for any recommendations for stocks scanners.

I've been using Tradingview and IBKR's scanners.... and they seem to give me different results eventhough I put in the same criteria.

IBKR's scanner .. you can't indicate float.... and not sure if you can scan for premarket?

Tradingview... seems to be more customizable and I'm already signed up with them...

But I heard that TradeIdeas is the best one? Is it really worth it?
Is AI Holly worth the extra $ or better to trade on your own?

I'm not sure if I'm going to be trading for a whole year... so not sure if it's even worth getting the yearly subscription.

Check out TC2000, good for scanning and charting, and very reasonably priced. Also, you can do lots of sector rotation analysis with it, etc.

 

[Matt_ORATS]

I know about shorting and put options. I'm guessing I should practicing shorting in paper account for a few days or weeks before I go live. Would it be sufficient to watch a couple youtube videos and practicing a few days? If not, do you know of any educational resources you can refer me to?

You might also try backtesting. You are able to see many strategies and how they fared in different market conditions.
We have just released a beta backtester with millions of tests you can filter through and see how they performed.
Backtests can be transformed to options scanning so you can see the current trades for a prospective strategy.
We also have a paper trading platform to see how the options perform.
Check out our blog for articles and videos on all things options: https://orats.com/blog

 

[lisah88]

You can't seem to find breakouts on Finviz?

 

[lisah88]

Can you screen for breakouts on TC2000?

 

[antares66]

Can you screen for breakouts on TC2000?

You could for example screen for stocks which exceed the highest high of the last 30 days. You can program what ever you want. A combination of TC 2000 and tradingview woud be the perfect charting software.