Tools of the ‘Trade’ — How I Work (2011 Version)

This is an update to the post I made back in 2006. What I do hasn’t changed much but some of the tools have changed over the years. In short, the changes are: I’ve changed brokers/trading platforms — a couple of times. Schwab shut down Cybertrader and sent me scrambling to find a new place [...]

Filters I Use to Create My Universe of Tradable Stocks

I was recently asked about how I determine my “universe” of stocks. That is the stocks that I consider fair game to be traded. I use different filters for swing trading and day trading but they do have similar criteria. In both cases I’m trying to find liquid, volatile stocks. Once the filter’s applied I [...]

A Little More Q & A

I thought I’d answer these questions on the site since I get asked some of these often… Mike, if there is a better method for me to ask you these questions, please let me know. You may choose not to answer any or all of them or not reply to this email at all. That [...]

Swing Trade Setups & Scans

I often get asked about how I find swing trade candidates. Hopefully this post will answer those questions. As I’ve written before, most of the stocks I track initially came up on one of my candlestick pattern scans. (Please feel free to search the archives and/or use the subject index) My process is no different [...]

Real-Time Scanners

The subject of real-time (intraday) stock scanners/screeners came up during MaoXian’s chat last night. Trader Eyal has provided a list of the free scanners that he uses. As he points out in his post and as MaoXian pointed out in the chat yesterday it’s probably better to just pay for a good scanner. This is [...]