12/28/2022 0 Comments Tim grittani trading tickers dvdI won't get overly biased one way or the other, and look to trade sharp, volatile moves. A gap up is very likely in my opinion, I would short a large spike or g/r move in the morning, but if the stock holds green this could really start to go crazy. The daily chart is overextending - but there was a speedup in price action on Friday, volume almost doubled, and it closed very strong. Now that you understand my process, let me show you my prioritized watchlist for Monday, complete with daily charts: I will often check the "Keeping on Radar" plays at least a few times a day, just in case one shapes up to offer the opportunity I'm looking for. Stocks that I'm "Keeping on Radar" are stocks that are nearing a key price point that I believe would offer a play but may not get there the following day. If I have quite a few "Main Watches," I will prioritize based on which ones I think will be most playable immediately at the market open. The stocks that are my "Main Watches" are the stocks that I believe are most likely to offer a clear-cut trading opportuity the following day. I will often break my watchlist into two categories, "Main Watches" and "Keeping on Radar." Here is my list of charts from the above watchlist that catch my eye before prioritizing them: If I like the chart, it makes my watchlist. Once I have this list, I begin pulling up the daily charts of all of these stocks and decide which charts have patterns that I'm the most comfortable with. Here are the basic criteria I begin with: I'm constantly learning and refining my strategies. I run this scan when the market is closed.Ģ. There are a couple of reasons for this:ġ. You will notice some differences in this scan from what I've previously discussed. However, keep in mind that Equityfeed is a very similar platform, and you can set up nearly the same parameters. I know many readers of this blog use "Stocks to Trade," so I will run my scan on that platform. I just want to detail the process as best I can so others can learn to do this for themselves. Future watchlists will not be this complicated. I'm going to pretend that I don't have any OTC stocks on my radar for Monday and start a watchlist completely from scratch, walking you through my step-by-step process. Reading pump emails is simple enough, but using scanners to find plays seems to be the area where most people need guidance. I went over some basics as to how I build my watchlist in this post, however, I have found that people learn best through example.
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