I am a discretionary trader and had never use any scanning nor automated software before. So appreciate your good advice. I am wondering if there is any software or website, which can perform the following daily scans:
1. Breakouts (3 months or longer)
2. Daily end of day prices would...
Fairly new to trading, am currently breakout trading on paper. Short term stocks, about 1-4 weeks. But it seems my biggest issue is actually searching for stocks, none of the books or tutorials I've read really cover this properly. I use Market Analyst 7 and I have no clue what search parameters...
For the past couple of months I have been watching and reading about trading.
I really like the breakout strategy it's so beautiful.
I have an understanding using technical,fundamentals and physiological concepts.
But I need a formula to find breakouts or potential...
I'm usually a swing and position trader so my knowledge in this area isn't as strong.
I'm trying to understand the shorter term mindset, and I'd just like to know what are the main types of trading strategies for short term traders.
As far as I can tell there are 3 or 4 main...
One of the best forms of trend following entry signals.
There is much discussion on both Breakout and Potential breakout threads.
While there is some good info offered up there are also lots of trading hints which can increase the traders hit rate/return and understanding of these important...
They say that patience in the market is a virtue. The problem with that is that I am an impatient guy.
With that in mind, I have been looking for ways to maximise my returns (and minimise my losses) by trading those explosive moves that occur at the speccy end of the market.
I have some...
Personally I think breakouts if you get them early enough AND you can place a trade with minimum risk are the best entry around.
So in this vain I thought this alert page would be good for any finds as we all miss the best ones!!
MAP is a great breakout of a new high!!
MSC is also a great...