Where do you begin looking for stocks to trade?

A

Alan Au

Hi. I'm curious, how do you narrow down your criteria when looking for stocks to trade? Do you search up "high volume stocks" or "52 week highs/lows" or "low p/e ratios" before your interest is peaked on a stock?
 
Look for stocks in the news-- then look behind the news at companies that support the "in the news" company-- these are the companies you want to invest in.
 
I've mostly been a longer term investor for years who is relatively new to more frequent trading, but what I'm doing is entirely system based (mean reversion - swing trades). The system selects my trades for me.
 
Alan Au said:
Hi. I'm curious, how do you narrow down your criteria when looking for stocks to trade? Do you search up "high volume stocks" or "52 week highs/lows" or "low p/e ratios" before your interest is peaked on a stock?
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When in doubt, heavier traded -dividend paying-products you use.
 
The stocks you scan for will be based on how you trade.

I use trade-ideas.com and I tend to look for stocks with an RSI at +70 and -30 on 60 min charts, and stocks with ADX of +30.
 
I like to look at what method(s) i have and if it works with a given stock.
AAPL chops on an EOD basis and boom it breaks out to the new next level to chop.
Could you countertrend trade AAP?

IEI pukes and reverses. You may be able to counter trend trade it.
Niether is likely to trade like the other going forward. IMO.
 
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