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11/04/2016 No stock picks, scan only found 104 candidates

11/04/2016 No stock picks, scan only found 104 candidates

Postby Cobra » Fri Nov 04, 2016 5:01 pm

The strategy is first to scan strong stocks, then I hand pick those with base and breakout patterns.

In a strong market, the scan for strong stocks should yield around 400+ stocks.

So 104 candidates today is an alarming sign.

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Re: 11/04/2016 No stock picks, scan only found 104 candidate

Postby daytradingES » Sun Nov 06, 2016 4:57 pm

When (what conditions) would you switch and scan for weak stock and handpick shot patterns?
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Re: 11/04/2016 No stock picks, scan only found 104 candidate

Postby Cobra » Fri Nov 11, 2016 5:48 pm

A clear downtrend.

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